Holiday Inn owner IHG urges Burnham to drop tourist tax September 3, 2026 The UK boss of Holiday Inn-owner IHG has urged Andy Burnham to drop plans for a tourist tax, which they said will deter tourists and investors from the country’s hospitality sector. Neetu Mistry, the hotel group’s UK and Ireland managing director, told City AM that she has directly warned the government against the policy, which [...]
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 [...]
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 [...]
Park Plaza owner ‘not distracted’ after sale talks fail August 27, 2026 Hotel owner PPHE Group has said it is “not distracted from our core focus” after its takeover by a rival hotel operator fell apart, despite the company reporting slowing revenue growth in the last quarter. The FTSE 250 firm’s board had backed a sale to Israeli-based Fattal Hotel Group but opposition from a major shareholder [...]
As it happened: FTSE 100 falls but Nasdaq soars after Nvidia sales boom August 27, 2026 Welcome back to the City AM FTSE 100 liveblog. The UK’s blue chip index suffered heavy losses on Thursday, as murky US inflation data overshadowed Nvidia’s sales triumph. While headline inflation fell back, the Fed’s preferred measure – the Personal Consumption Expenditures Price Index (PCE) – is still running hot at 3.7 per cent. Investors [...]
Brewdog founder James Watt hits out at ‘total silence’ over new venture August 26, 2026 Brewdog co-founder James Watt has hit out at the “total silence” surrounding his latest venture, a drink designed to prevent hangovers. The craft beer tycoon wrote on LinkedIn: “Normally, if I cough loudly, three journalists file copy about it. Yesterday we did a world first and the press said nothing. “Not a peep. Total silence,” [...]
As it happened: Antofagasta leads FTSE 100 rally; oil falls as US-Iran deal ‘close’ August 26, 2026 Welcome back to the City AM FTSE 100 liveblog. The UK’s blue-chip index slipped on Wednesday morning, dragged down by oil majors BP and Shell, before recovering later in the day to be level with Tuesday’s close. Brent crude – the international benchmark – fell by more than two per cent on Wednesday to $86 [...]
As it happened: FTSE 100 jumps in best streak since May; Vistry, Melrose lead risers August 25, 2026 Welcome back to the City AM FTSE 100 liveblog. The blue-chip index jumped on Tuesday to extend its best winning streak since May. Melrose Industries led the FTSE 100 after the completion of a probe into a chemical incident in California, while Vistry gained 18 per cent on the FTSE 250 after winning cash in [...]
Burnham accused of ‘piecemeal’ business rates reform August 24, 2026 Andy Burnham has been accused of taking a “piecemeal” approach to business rates instead of committing to Labour’s manifesto pledge to replace the tax system. The government has launched a review into how business rates bills are calculated for pubs and hotels, but industry bodies have urged the Prime Minister to commit to wholesale reform [...]
Beyond your 9-5: things to explore in the Square Mile August 20, 2026 For most, the City of London is defined by the rhythm of the working week. Offices fill from Monday to Friday, and the streets fall quiet at the weekend. But since the pandemic that pace has changed, and incredibly the Square Mile offers so much beyond the traditional 9-5. A weekend in the City of [...]