Record temperatures boost Sainsbury’s sales but store infrastructure feels the heat June 30, 2026 Sainsbury’s recorded a rise in sales in the first financial quarter, as the May heatwave and a run of public holidays boosted sales but caused its fridges and freezers to break down. Total sales rose 3.1 per cent year on year to £3.1bn, bolstered by a five per cent hike in fresh food purchases, as [...]
West Ham to announce betting front-of-shirt sponsor after Premier League relegation June 30, 2026 West Ham United will this morning announce that they are keeping betting brand Boyle Sports as its front-of-shirt sponsor next season after being relegated from the Premier League. The London club had the Irish family-owned firm across its claret and blue shirts across last season’s Premier League campaign but risked losing them after top flight [...]
Uranium miner plots London float as father-and-son team reopen abandoned site in northern Italy June 30, 2026 A firm planning to mine uranium in northern Italy has drawn up plans for a London float as it seeks to capitalise on renewed interest in nuclear technology. Reveille Resources, which will be operated by Ippolito Ingo Cattaneo alongside his father, Andrea Cattaneo, are preparing to join London’s small-cap Aquis exchange as soon as this [...]
Barclays splashes £750m on Canary Wharf base in ‘strong endorsement’ of London June 30, 2026 Barclays has taken control of its global headquarters based out of Canary Wharf in a £750m deal hailed as a “strong endorsement” of the financial district and the capital itself. The blue-chip lender has entered a long-term leasehold interest agreement with Canary Wharf Group that grants the bank to use the property – based at [...]
UK economy’s growth revised down amid first-quarter spurt June 30, 2026 The UK economy grew by 0.6 per cent in the first quarter of the year, the Office for National Statistics has confirmed, yet the final figure for growth last year was revised down slightly. The ONS said on Tuesday that the UK economy grew at a faster pace than many had expected at the beginning [...]
As it happened: Stocks jump on defence and metals boost; Oil on track to shed a fifth on US-Iran peace hopes June 30, 2026 Welcome back to the City AM liveblog. Oil’s speed of decline has taken a hit this week as investors were forced to pause at the renewal of strike action between the US and Iran. Brent crude – the international benchmark for oil prices – was steadying above $73 per barrel, holding onto some of the [...]
Unilever chief on how to activate 35 brands at the Fifa World Cup June 30, 2026 With the World Cup a sponsor’s heaven, Matt Hardy asks Unilever how the FMCG behemoth activates 35 brands amid a need to be noticed. A number of the brand campaigns at this Fifa World Cup have been sublime, others have fallen a little flat. Activating at a tournament watched by billions across nearly 200 countries [...]
Fractured politics has its upsides – trust me, I led Vote Leave June 30, 2026 For all the challenges of multi-party politics, the policy competition it encourages is already bearing fruit, writes former Vote Leave chief Matthew Elliott.
Uber slams £340m London cabbie case as ‘completely unfounded’ June 30, 2026 Uber slammed a court case brought against it by thousands of black cab drivers as “completely unfounded” on Monday as the £340m lawsuit headed to trial. The preliminary hearing, which took place at the High Court, marks the first major test in one of the UK’s biggest competition and damages claims, brought by the 13,000 [...]
Detail-lite Burnham speech unnerves jittery bond market June 30, 2026 Andy Burnham risks sparking a bond market rout unless he sets out how he will fund the ambitious measures announced in his first set piece speech since Keir Starmer’s resignation, a group of bond investors have said. Fixed income specialists told City AM that while the former Manchester mayor’s vow to stick with his predecessor’s [...]