Don’t congratulate Sadiq Khan for delivering the transport London needed 10 years ago October 15, 2026 So far, Sadiq Khan's only transport achievements have been to cut the ribbon on new projects that his predecessors started, writes James Ford.
Saudi Arabia expected to axe 2034 World Cup stadium projects October 15, 2026 Saudi Arabia’s plans for hosting the 2034 World Cup look set to be significantly scaled back after doubts emerged over five new stadium builds. The country’s Public Investment Fund will inform Fifa of its intention to scrap construction of the quintet of new venues, including ambitious projects in Qiddya and Neom, Semafor reported. The other [...]
American Airlines sues London travel consortium October 15, 2026 Aviation titan American Airlines and one of its special purpose vehicles have filed a lawsuit against a group of British travel agents at the London High Court. The US airline and its subsidiary, AAdvantage Loyalty IP, filed a claim against against Advantage Travel Centres on Tuesday, according to filings in the High Court’s Intellectual Property [...]
Salesforce offers free AI tools to UK students as graduate job market lags October 15, 2026 As UK graduate vacancies hit their lowest level since 2020, Salesforce is offering free AI tools to six million students to help them meet employers’ growing demand for artificial intelligence skills. The US tech giant announced the scheme on Thursday, giving universities and colleges access to its workplace platform Slack and AI tools to help [...]
UK economy slows yet beats expectations October 15, 2026 The UK economy slowed in August but beat market expectations after a boost in the production sector, according to official statistics. GDP expanded by 0.1 per cent in August following several months of high growth. A poll of economists by Bloomberg predicted that the UK economy had contracted by 0.1 per cent in August. Figures [...]
PureGym bulks up with £235m Swiss expansion October 15, 2026 PureGym is muscling in on the Swiss gym market after signing a £235m deal to bulk up its presence in the European country. The gym operator, which is the UK’s largest by membership, has agreed to acquire NonStop Gym, one of Switzerland’s biggest fitness groups. PureGym’s latest expansion comes as the no-frills gym operator seeks [...]
Entain and Rank warn Budget tax hikes threaten betting shops and jobs October 15, 2026 Two of Britain’s biggest gambling operators have warned John Healey that further tax increases in this month’s Budget could force betting shops and casinos to close, putting jobs and investment at risk. Entain, the owner of Ladbrokes and Coral, and Rank Group, which operates Grosvenor Casinos and Mecca Bingo, issued separate warnings on Thursday despite [...]
Football regulator’s reputation rests on its handling of Manchester City October 15, 2026 The Independent Football Regulator has improving English clubs’ failing finances in its sights but its treatment of Manchester City is what will likely define it, writes Ed Warner. What word or phrase to you best describes the state of English football? Would broken, bust or (morally and/or financially) bankrupt fit your bill? A tad sensational, [...]
OpenAI-backed fintech raises $1.6m to tackle regulation October 15, 2026 A London fintech backed by employees of OpenAI and some of the world’s biggest banks has raised $1.6m (£1.2m) to help financial firms navigate mounting regulatory requirements using artificial intelligence. Relace, founded by a former lawyer and an AI engineer, has secured the pre-seed funding in a round led by Boost Capital, with backing from [...]
As it happened: FTSE 100 surges as London swerves Asian tech sell-off; surprise GDP growth October 15, 2026 Welcome back to City AM‘s FTSE 100 live blog. Stocks are set to slip on Thursday morning despite a strong close yesterday for the UK’s blue-chip index. The ONS will reveal the rate of GDP growth for August this morning, which economists expect to reveal that the economy has shrunk. Stick with us throughout the [...]