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      Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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Business

  • Why Gen Z are paying to go to ‘house parties’

    July 9, 2026

    London hospitality is struggling as Gen Z rein in nights out, so why are Little Door’s house party-style bars thriving, asks Anna Moloney.

  • London cannot afford to sleepwalk through the next decade 

    July 9, 2026

    London is slipping into complacency. We must use the next decade to reassert ourselves as a premier financial centre, writes Aster Crawshaw.

  • Two centuries of Old Pulteney

    July 9, 2026

    This month’s issue of Whisky Business, City AM’s monthly look at the world of whisky, examines the history of Old Pulteney If there’s one Whisky that encapsulates the rugged beauty of Scotland’s Highlands and its coastal areas more than anything else, it’s Old Pulteney. Founded by James Henderson, a serial whisky entrepreneur, in 1826 to supply fishermen [...]

  • Investor visa proposed by Labour-aligned think tank

    July 9, 2026

    Investor visas should be offered to 100 applicants each year, who would offer £3m in an upfront cash injection in return for residency rights in the UK, a think tank favoured by Labour has said.  The Institute for Public Policy Research (IPPR), which has had a number of policy recommendations adopted by Labour, said the [...]

  • Sizewell B granted 20-year life extension

    July 8, 2026

    The government has granted the Sizewell B nuclear power plant a 20-year lifetime extension, meaning it will now continue to generate electricity until 2055. Majority-owner EDF and investor Centrica said they had agreed terms with the Department of Energy Security and Net Zero, in a deal that will see its owners paid considerably less for [...]

  • FCA charges City lawyer with insider dealing over maternity brand acquisition

    July 8, 2026

    The financial watchdog has charged a City lawyer with five counts of alleged insider dealing for trading in the assets of maternity fashion brand Seraphine Group using confidential information he gained while working on the company’s acquisition. The Financial Conduct Authority (FCA) said Richard Bloomfield, 38, worked on an acquisition of the City-based maternity clothing company [...]

  • Exclusive: Government to reject Reform’s offer to cover Farage by-election cost

    July 8, 2026

    The government is set to reject Reform UK’s offer to cover the cost of the upcoming Clacton by-election to be contested by Nigel Farage, City AM understands, in a move that could leave the taxpayer facing a bill of more than £200,000.  After Nigel Farage announced he would stand again for election in Clacton to [...]

  • Vistry angers market with £30m loss as new boss faces turbulent start

    July 8, 2026

    Vistry has attracted the ire of shareholders and analysts after it revealed a £30m first-half loss, as the firm stutters under its new chief executive. The FTSE 250 housebuilder delivered an unscheduled update to shareholders this morning, revealing that chief financial officer Tim Lawlor will quit in October after being headhunted by a “large privately-owned [...]

  • EuroLeague CEO interview: ‘NBA Europe? We have never been stronger and will never disappear’

    July 8, 2026

    EuroLeague CEO Chus Bueno has turned an organisation in crisis into one ready for battle with the NBA over the future of basketball. In an exclusive interview, he explains why he believes his vision will keep clubs from defecting and that rival European leagues would be bad for everyone. When former NBA vice president Chus [...]

  • Motor finance war of words heats up as City watchdog blasts law firm’s motives

    July 8, 2026

    A blistering war of words has broken out between the City watchdog and the firms leading the consumer legal challenge to its £9bn motor finance scheme.  The Financial Conduct Authority (FCA) has urged the Upper Tribunal to throw out the case entirely as it slammed Courmacs Legal and its client Consumer Voice, for a serious [...]

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