‘One-two punch’ – Families face huge capital gains death tax under Burnham July 9, 2026 Bereaved families could face a huge tax bill under an Andy Burnham premiership if the likely next Prime Minister presses ahead with a policy to hike capital gains tax on assets of the deceased. Supporters of Burnham, including the former health secretary Wes Streeting and ex-transport minister Louise Haigh, have said previously they believe wealth [...]
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 [...]