Italy Pirlo hire off after Russian betting firm links revealed July 27, 2026 Italy’s plans to name Andrea Pirlo manager of their national football team have been scrapped after his links with a Russian betting firm were criticised by politicians. Pirlo, the 47-year-old manager of Dubai United, has been a global ambassador for Fonbet since October and was all but confirmed for the Italy job despite no official [...]
Iwoca closes bumper debt facility as sale speculation mounts July 27, 2026 Small business lender Iwoca has inked a new £250m debt facility that will help it ramp up its lending power just days after it emerged it had instructed bankers to launch a sale process valuing it at north of £1bn. The fintech closed the credit line from a household name bank and private credit giant [...]
AI Minister: Visa reform key to keeping tech giants in Britain July 27, 2026 AI Minister Kanishka Narayan renewed calls for more visas for top engineers, arguing that the UK will need to do more to help tech companies scale at home rather than sell overseas. In his first interview since joining Andy Burnham’s cabinet, Narayan said he would use his seat at the top table to push for [...]
Exclusive: Jobs lost across Labour’s ‘growth potential’ sectors in blow to Burnham July 27, 2026 In a blow to the government’s plans to boost employment, eight sectors previously identified as having high growth potential in Labour’s industrial strategy have suffered job losses, according to a report seen by City AM. The so-called ‘IS-8’ sectors, which include life sciences, financial services and defence, were singled out by the UK government last [...]
Beat Luke Littler: Netflix enters live darts with £500,000 showcase July 27, 2026 Netflix is entering live darts for the first time with a new show challenging members of the public to take on world champion Luke Littler. Beat Luke Littler will pit 20 amateur arrows fans against the teenage prodigy for a chance to win £501,000 – if they can beat him in a single leg. “Everyone [...]
FTSE 100 firm agrees £5.7bn takeover in latest private equity swoop July 27, 2026 FTSE 100 energy group DCC has agreed to a £5.75bn takeover by a group of private equity firms in another blow to the London Stock Exchange after a flurry of takeovers this year. US private equity firm KKR and Energy Capital Partners, a subsidiary of London-listed Bridgepoint, said this morning they would pay a total [...]
Defence drilling firm tools up for London IPO July 27, 2026 Aerospace drilling company Tek4 is gearing up for an initial public offering in London, City AM can reveal, in a boost to the London Stock Exchange as it looks to tempt more defence firms to market. The Leicestershire-based company, which counts Rolls-Royce and GE among its customers, is looking to raise £20m through a listing [...]
Burnham backs plan to pump £1bn pension funds into start-ups July 27, 2026 Andy Burnham’s government is set to spearhead a new £1bn fund that will channel cash from some of the country’s biggest pension schemes into start-ups. Pension funds including Nest, the workplace scheme set up by the government, Railpen, Border to Coast and the Local Pensions Partnership Investments (LPPI) are set to back the new government-led [...]
Fifa boss Infantino: World Cup critics are ‘consumed with hate’ July 27, 2026 Fifa president Gianni Infantino has launched a broadside at critics of some aspects of the 2026 World Cup, branding them “consumed by hate”. The tournament, which concluded eight days ago, has been broadly hailed as a success but was punctuated by outrage at President Trump’s apparent intervention in the Folarin Balogun incident, sky-high ticket prices [...]
Burnham vows to ‘get serious’ about slashing welfare bill July 27, 2026 Andy Burnham has vowed that he will “get serious” about slashing the welfare bill, as the Prime Minister hunts savings to boost defence spending. “We’ve got to get really serious as a country [about] getting the welfare bill down,” Burnham told the BBC in his first full interview since becoming Prime Minister last week. He [...]