Premier League agree EFL funding deal which could be worth £1.5bn July 30, 2026 Premier League clubs have agreed for a new funding proposal to be put to the EFL, which could be worth £1.5bn. The agreement was decided upon on Thursday and was unanimous, with the Premier League stating that the deal is “long-term”, according to PA. Sky Sports previously said the deal will cover the next decade. [...]
‘It’s going to impact work’: Lloyds to cut £2bn in costs with AI July 30, 2026 The boss of Lloyds Banking Group is preparing to wield the axe on its cost base as the bank doubles down on AI ambitions. Charlie Nunn, the chief executive of the financial services giant, said AI is “going to impact work” and “require us to reskill people and hire new people” as he revealed a [...]
AI data centres and defence tech lead investment wave July 30, 2026 Data centres, energy, and military technologies are the main investment channels tech buyers want to pour money into, according to new research. Law firm A&O Shearman’s latest outlook for technology investment said demand was growing for the infrastructure needed to build and run AI, while software companies faced greater scrutiny over whether AI could replace [...]
UK government backs British business to get slice of £33bn in Morocco World Cup contracts July 30, 2026 British businesses hoping to get in on £33bn worth of World Cup contracts in Morocco have been boosted by government backing. The Foreign Office is aiming to help British firms get a piece of the construction cake as a number of projects ramp up in North Africa ahead of the next Fifa World Cup, which [...]
Pensioners hit with £8bn tax bill after government freezes allowances July 30, 2026 Pensioners paid some £8bn in extra tax last year after a freeze on personal allowances dragged people into higher bands, new figures have revealed. The amount of tax paid by people in retirement climbed from £21.1bn to £29.8bn, an increase of over 40 per cent in just two years, according to the latest pension participation [...]
Uefa blocks Fifa’s World Cup sell-off if it stands up to Infantino again July 30, 2026 If Gianni Infantino’s plan to carve out the commercial rights to Fifa events including the World Cup is to be nipped in the bud, the rearguard action will – as it has in the recent past with similar power grabs – likely have to be led by Uefa. Here’s why. Uefa has repeatedly shown itself [...]
Bank of England holds interest rates but warns of rises to come July 30, 2026 The Bank of England has opted to hold interest rates at 3.75 per cent after the UK economy surprised economists with better results for inflation – though policymakers warned that “policy strategy could change” ahead of a difficult second half of the year for price stability. The Monetary Policy Committee (MPC) held interest rates in [...]
Burnham’s plea to City chiefs: let a young person shadow you at work July 30, 2026 Andy Burnham has called on City bosses to let young people shadow them at work as part of a push to tackle the problem of youth unemployment. Speaking to the Jimmy’s Jobs of the Future podcast, the prime minister said that there needs to be more work experience and apprenticeships for young people who don’t [...]
Currys hands outgoing boss Alex Baldock £2m pay rise July 30, 2026 FTSE 250 giant Currys has handed its outgoing boss Alex Baldock a more-than-£2 m pay rise, capping off the chief executive’s successful turnaround of the business. The electrical retailer handed Baldock a £6.3m total pay package this year, marking a 54 per cent hike from last year’s £4.1m. Baldock joined Currys in 2018 and is [...]
Meet the 33-year-old British former IPL boss changing Indian basketball July 30, 2026 Ahead of the launch of the Indian Basketball League, City AM sat down with the 33-year-old Brit tasked with taking on cricket and kabaddi Jake Lush McCrum is not your run-of-the-mill sports executive. Despite being just 33, the Brit is nearly a decade into senior leadership in sport. But he hasn’t worked his way up [...]