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      Costa Coffee hails ‘strong progress’ after Coca-Cola scraps sale

      Costa Coffee was acquired by Coca-Cola in 2019. (Photo by Dan Kitwood/Getty Images)

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      You’re sued and you know you are: New law puts onus on clubs to prevent player abuse

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Business

  • Big-spending Chelsea sign up crypto firm Circle as shirt sponsor

    August 28, 2026

    Chelsea have tapped the crypto industry in their search for a new main sponsor by agreeing a one-year front-of-shirt deal with Circle Internet Group. The New York-listed company is best known as the issuer of stablecoin USDC, which is pegged 1:1 to the US dollar and will also appear on the shirts of Chelsea’s men’s, [...]

  • Jamie Vardy bags Bundesliga rights as he steps up streaming war with Neville and Lineker

    August 28, 2026

    Former England striker Jamie Vardy is stepping up his efforts to build a media empire to rival Gary Neville and Gary Lineker by acquiring the rights to show live Bundesliga games on his YouTube channel. Jamie Vardy’s Having A Party will stream seven Friday night games from the German top division, beginning tonight when Harry [...]

  • Google to pay £260m to settle ‘unfair’ pricing class action lawsuit

    August 28, 2026

    Google’s parent company, Alphabet, has agreed to pay £260m to settle a class action lawsuit that alleged the US company imposed “unfair and excessive” charges on app developers selling apps on the Google Play Store. The case, brought to the Competition Appeal Tribunal (CAT) by competition law professor Barry Rodger on behalf of UK app [...]

  • ‘War on wealth creation’: capital gains tax raid would lose government money, Tories argue

    August 28, 2026

    A fresh capital gains tax raid on Britain’s wealthiest would ultimately lose the government money, according to new Conservative analysis of Treasury data. Internal government modelling suggests that the top rate of capital gains tax (CGT) is already too high and hiking it further would lead to lower tax receipts. Figures presented to the Labour [...]

  • Business confidence climbs on consumer spending power

    August 28, 2026

    Business confidence has risen to its highest level since March, as resilient consumers shrug off the impact of the Iran war and Budget-related speculation is kept to a minimum. According to the Lloyds Business Barometer, confidence among British firms rose four points in August to 53 per cent, the highest reading since the outbreak of [...]

  • As it happened: FTSE 100 jumps as oil falls back; Warsh says ‘work to do’ on inflation

    August 28, 2026

    Welcome back to the City AM FTSE 100 liveblog. The UK’s blue-chip index extended gains on Friday after some pressures in the oil market eased off. Oil prices reared back up on Thursday night, reversing days of losses earlier in the week. The price of Brent crude – the international benchmark for oil – jumped [...]

  • Sorry Elon, universal basic income won’t solve the AI jobs apocalypse

    August 28, 2026

    Traditionally left-wing economists, universal basic income has now found unlikely support in Silicon Valley as AI threatens to wipe out jobs.

  • Euro 2028 hospitality: Money-back tickets if England flop and no dynamic pricing

    August 28, 2026

    Jaime Byrom of Beyond Hospitality on what football fans can expect from its premium offerings at Euro 2028 in the UK and Ireland, which go on sale next week. The US might be seen as sport’s most mature commercial market but, when it comes to hospitality offerings, it still trails the UK, according to one [...]

  • The real scrutiny of Burnham begins now

    August 28, 2026

    Burnham's honeymood period has been further bolstered by positive economic news. As Parliament returns, now is the time for bold moves.

  • Reform sidelines crypto industry at pivotal conference

    August 28, 2026

    Reform UK is set to sideline crypto companies at its conference next week and cut the industry’s access to senior figures after backlash over Nigel Farage’s £5m gift from a bitcoin billionaire, City AM can reveal. Reform was an early champion of the digital currency and tokenisation industries, which have been a mainstay at previous [...]

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