Financial gap between Hundred host counties and others widening, report warns July 22, 2026 The financial gap between Hundred host clubs and the other 11 counties is widening and could continue to do so, according to a new financial report. The big four counties of Surrey, Lancashire, Hampshire and Warwickshire generated over half of the total revenue of all 18 first-class counties last year, with a “series of financial [...]
Oil prices return to crisis levels July 22, 2026 Oil prices have returned to levels not seen since the beginning of June, after both the US and Iran warned that hopes of a return to peace negotiations were premature. The spot price of Brent crude broke $95 a barrel on Wednesday morning for the first time since the warring parties agreed a 60-day ceasefire [...]
AI reduces founders’ need for capital, says Revolut Business July 22, 2026 AI is reducing the amount of capital startups need to build global businesses, shifting the battle for founders away from funding and towards which countries offer the best environment to scale, according to the head of Revolut Business. Speaking to City AM, James Gibson said AI had dramatically lowered the cost of building and operating [...]
Leeds United investor buys majority stake in Spanish football club July 22, 2026 The co-owners of Leeds United have purchased a Spanish football club as they expand their multi-club empire. A.Gain – formerly IDC Ventures – have added to their minority shareholding in the Elland Road Premier League team with a majority stake in third tier Spanish side Real Zaragoza, based in Aragon. Real Zaragoza will become – [...]
Prologis tables ‘best and final’ £14bn offer for Segro July 22, 2026 US real estate firm Prologis has tabled a “best and final” £14bn offer for Segro, the FTSE 100 property company it has been pursuing for weeks. The Californian property company said its latest offer, which values Segro at £10.32 per share, is a “compelling opportunity for both sets of shareholders”. This bid marks the latest [...]
London Broncos: Automatic Super League promotion not off table July 22, 2026 London Broncos have insisted automatic promotion to the Super League remains on the table. Reports had suggested that the club – which would become the only English Super League team south of Warrington – would not be automatically admitted into the top flight of rugby league and would be forced to, like everyone else, rely [...]
Ryder Cup adds financial services firm to global sponsorship roster July 22, 2026 The Ryder Cup has beefed up its partner portfolio ahead of next year’s event, signing a deal with an Irish-founded financial services firm. Stripe has become a worldwide partner for the next two editions of the intercontinental golf competition – held at Ireland’s Adare Manor in 2027 and Minnesota’s Hazeltine in 2029 – in a [...]
Regulator flags BDO’s ‘unacceptable’ audit issues for fifth year in a row July 22, 2026 Accountancy giant BDO has been flagged for an “unacceptable” standard of audit quality by the watchdog for a fifth year in a row. The Financial Reporting Council (FRC) said in its yearly audit quality report that BDO’s overall audit quality fell below expected standards and “has received unsatisfactory results from regulatory inspections” consistently for five [...]
London house prices fall again as property slowdown drags on July 22, 2026 London house prices fell again in May as uncertainty over Andy Burnham’s premiership dampened market confidence. The average house price in the capital slipped by 3.7 per cent to £545,000 in the year to May, according to the Office for National Statistics (ONS). Prices jumped in the rest of the country, though the headline rate [...]
Lucy Rigby back as City minister July 22, 2026 Lucy Rigby has been demoted to City minister after a stint as the chief secretary to the Treasury. Rigby, who previously served in the role under Keir Starmer, was moved from her cabinet role by Burnham and will now return to the dual brief of economic secretary to the Treasury and City minister. The former [...]