Tottenham Hotspur: Daniel Levy sells majority of shares in Spurs owner ENIC June 5, 2026 Daniel Levy has sold the majority of his shares in the parent company of Tottenham Hotspur to Eight Sports Capital. The British Virgin Islands-registered firm has agreed to buy a 24.99 per cent stake in Spurs’ majority shareholder, ENIC Sports and Developments Holdings Limited, from the trustee of Daniel Levy’s family trust. It leaves Levy, [...]
Manchester City now worth £7.5bn, says chairman Al Mubarak June 5, 2026 Manchester City chairman Khaldoon Al Mubarak insists the club are now worth at least £7.5bn but that owner Sheikh Mansour has no intention of selling. City have been the most successful English club of the last 10 years but have now gone two seasons without winning the Premier League title for the first time since [...]
Natwest to pump £50m into branches after shuttering over a thousand June 5, 2026 Natwest is planning to beef up its branch network after being one of the leading banks to take the axe to its physical presence over the last decade. The blue-chip banking giant will pump £50m into its network over the next 18 months and has pledged not to close any branches until at least 2029. [...]
City law firm boosts junior lawyer salaries to £189k in London June 5, 2026 City-based law firm Quinn Emanuel has increased salaries for its most junior lawyers by 5 per cent for the 2026 financial year, as its London office aligns with pay increases at its US counterparts. Effective from 1 July 2026, London associates’ salaries will increase 5 per cent across the board, with newly-qualified (NQ) lawyers set [...]
McCall or Rowe: A Prem Rugby titan will bow out this weekend June 5, 2026 City AM rugby columnist Ollie Phillips discusses the last weekend of Prem Rugby fixtures, and how a major giant of the game in Tony Rowe or Mark McCall will bow out come full time. Tony Rowe, Rob Baxter, Nigel Wray and Mark McCall: the four men who have, arguably, defined English club rugby over the [...]
London house prices fall as Bank of England rate hikes loom over mortgage market June 5, 2026 Fresh insight into the UK’s lacklustre housing market revealed price declines for London and the South East on Friday, while the overall national rate of increase halved for May The closely-watched Halifax House Price Index was released with mortgage holders and would-be home buyers eyeing interest rate rises from the Bank of England (BOE). The [...]
Will the SpaceX IPO send retail investors into orbit? June 5, 2026 SpaceX is preparing the largest retail allocation ever attempted in a megacap IPO in its anticipated listing later this month, with Elon Musk seeking to reserve as much as a quarter of the company’s $75bn float for individual investors. Musk reportedly wants ordinary investors cemented near the centre of the group’s ownership straight from blast [...]
Revolution Beauty shares glitter after it emerges from FCA probe June 5, 2026 London-listed cosmetics firm Revolution Beauty told investors this morning that it is no longer under investigation by the City’s main market watchdog. The Financial Conduct Authority has notified the firm that it will “take no further action”, meaning the probe was over, Revolution said in an announcement to the stock exchange. The FCA’s scrutiny of the Camden-based [...]
KPMG scraps summer early Friday finish for staff June 5, 2026 Big Four giant KPMG is revoking its Covid-19 employee benefit of letting staff clock off early on Fridays over the summer in the latest cut at the firm. The firm introduced the policy in 2021, focused on the summer, which is a quieter time in the City, to allow staff to take two and a [...]
William Hill owner Evoke shares rocket as it braces for £243m takeover from Bally’s Intralot June 5, 2026 Betting group Evoke shares rocketed in early morning trading, after gambling firm Bally’s Intralot on the terms and conditions for a takeover, as UK businesses brace for an online gambling tax hike. Shares soared 16.2 per cent to 46.4 pence per share, with shares up 24.2 per cent since January. The Greek company’s board has [...]