World Cup office sweepstakes could leave employers facing legal red cards June 10, 2026 With the World Cup set to kick off on Thursday, many offices across the City will be gearing up to offer employees the chance to participate in competitions – known as sweepstakes – to place informal bets on who might win. Sweepstakes involve participants paying a fee into a cash pot and being randomly assigned [...]
An emboldened – or desperate – new government will look to wealth taxes June 10, 2026 Wealth taxes are climbing back up the political agenda as the Labour party begins the process of reinventing itself for a post-Starmer era. Wes Streeting thinks he’s found “a wealth tax that works” by hiking capital gains tax while Andy Burnham is flirting with a land value tax that would naturally hit wealthy areas the [...]
The Debate: Should we build a data centre on Brick Lane? June 10, 2026 It may be better known for bagels, but times they are a changing. Should we put a data centre on Brick Lane? We hear the case for and against.
Real estate firms going bust at record rate as property market slumps June 10, 2026 Real estate companies are going bust at the fastest rate seen in a decade, City AM can reveal, in a further sign that the UK’s property market is taking a battering. As many as 762 real estate-related businesses have become insolvent in the UK since the start of the year, a City AM analysis of [...]
George Osborne: Manchesterism is a real thing but Burnham ‘only part of the story’ June 10, 2026 Former Chancellor George Osborne has said that mayor Andy Burnham should take some credit for Manchester’s high growth, defending Manchesterism as a “real thing”. Speaking to the House of Lords Economic Affairs Committee, he defended his move to begin devolving fiscal powers to Manchester during the Coalition government years under his “Northern Powerhouse” initiative. He [...]
Is it even possible to regulate ‘misinformation’? June 10, 2026 It's easy to call for crackdowns on 'misinformation', but how do you regulate such an amorphous term, asks Paul Ormerod.
Rad riads and hot hotels: The ultimate foodie’s guide to Marrakesh June 10, 2026 Our top columnist on his foodie tour of Marrakesh, from rad riads to hot hotels When telling my friends, family and colleagues that I was holidaying for a week in Marrakesh, the reaction was unified: “You will hate it”. Well, I am as surprised as all of you to report that I loved the place [...]
Padel craze drives demand for industrial property June 10, 2026 Padel operators have leased out more than one million square feet of industrial space in the last 18 months, as the UK’s newest sports craze takes over the country’s warehouses. The volume of square feet snapped up for Britain’s fastest-growing racquet sport in the past year and a half is almost seven times that in [...]
From mild to wild: What impact will AI have on banking jobs? June 10, 2026 Top banking bosses have issued their AI verdict after Standard Chartered stunned the sector with plans for sweeping job cuts last month. In this week’s column Samuel Norman looks at whether a reckoning could be on the horizon. The big-name banker must have known how the conversation would go when he arrived for lunch with [...]
GSK says AI is reshaping drug pipeline as Nuvalent deal hits shares June 9, 2026 GSK has said agentic AI is already affecting every asset in its pipeline, as pharmaceutical firms race to use the technology to cut the cost and risk of developing new medicines. Speaking at London Tech Week in Tuesday, Eyal Itskovits, GSK’s director of AI and machine learning, said that the technology has officially become a [...]