KKR snubbed as Assura shareholders vote through PHP bid August 12, 2025 Investors in NHS landlord Assura have voted to accept a bid from its London-listed rival Primary Health Properties, bringing an end to a bitterly fought takeover battle between PHP and private equity behemoth KKR. As many as 63 per cent of Assura’s shareholders voted to approve the £1.8bn cash and equity offer from PHP, accepting [...]
Newcastle Red Bulls: Energy drinks titan can lead rugby renaissance in north August 12, 2025 Red Bull has been tipped to lead a rugby “renaissance in a football heartland” after purchasing Prem Rugby team Newcastle Falcons and enacting a rebrand. Newcastle Red Bulls will join a wider sporting portfolio which includes a Formula 1 team and a string of majority – such as Leipzig – and minority – including Leeds [...]
Revolut leads $500m fintech push into Formula 1 August 12, 2025 Revolut, Airwallex and OKX are among global fintech giants turning to Formula 1 in a major advertising push. Fintech firms piled over $500m (£370m) into F1 sponsorship deals for the 2025 season in a bid to ramp up their promotions. It comes as the average value of an F1 sponsorship deal climbed to over $6m [...]
Average age of first-time buyer in London hits 35 August 12, 2025 The average age of Brits buying their first homes has surged over the past two decades as house prices have risen faster than wages. The average age of a first-time buyer in London was 31 in the mid-2000s, but it has since risen to nearly 35, according to new research from Conveyancing Solicitor. Property expert [...]
Everton top Premier League table for fan engagement August 12, 2025 Everton are the best Premier League club for fan engagement, research shared with City AM reveals. The Fan Engagement Index 2024-25 has ranked The Toffees 10th in the country, making them the highest scoring club from English football’s top league. The Fan Engagement Index has been published by Think Fan Engagement (TFE) every year since [...]
UK workers feel uncomfortable being managed by AI August 12, 2025 Less than a third of UK workers are comfortable being managed by an AI Agent, according to new research shared exclusively with City AM. New research from Workday found that more than three-quarters of UK organisations are moving to implement AI Agents in everyday management functions, with 40 per cent actively rolling out AI agents, 25 [...]
Islington’s Laki Kane to shut months after relaunch August 12, 2025 The iconic cocktail bar in the heart of Islington is set to close its doors for good just months after its relaunch
Labour lines up advisers for Thames Water administration August 12, 2025 Labour ministers have reached out to top insolvency practitioners in the scenario Thames Water falls into special administration, it has been reported. The UK’s largest water company is at a crisis point after private equity giant KKR pulled out of a multi-billion pound investment deal that could have offered it a lifeline given Thames Water [...]
Newcastle: Club taken over and will become Newcastle Red Bulls August 12, 2025 Energy drinks giant Red Bull has taken over Newcastle with the club to play under Newcastle Red Bulls branding. The Prem Rugby club had been teetering on the edge of financial crisis with former owner Semore Kurdi putting the club on the market for £1. But the major brand has stepped in to take over [...]
S&U shares jump as bank predicts profit ‘resurgence’ August 12, 2025 Shares in specialist lender S&U rallied as markets opened on Tuesday after the bank said its “resurgence in profitability” had begun to materialise. The London-listed firm’s stock was up over three per cent in early trading to 1,940. The jump came after the lender provided an upbeat trading update, anticipating building momentum for the second [...]