As it happened: Stocks rally after US jobs report; Oil tumbles to pre-Iran war levels July 2, 2026 Welcome back to the City AM liveblog. The peace relief rally across markets ground to a halt yesterday as investors were rocked by new tensions in the Middle East that threatened all-out war re-emerging between the US and Iran. Negotiations were handed a blow as Donald Trump’s envoys Steve Witkoff and Jared Kushner arrived in Qatar [...]
Olympia developer: Britain’s planning system doesn’t reward delivery July 2, 2026 Property hotshot John Hitchcox tells us about his career, from doing up flats in his 20s to leading the £1.3bn regeneration of Olympia London.
Keir Starmer wasn’t weird enough for Westminster July 2, 2026 A Prime Minister more comfortable behind football stands than the dispatch box, Starmer was too normal for politics in the end, writes Tom Harwood.
Thin end of the wedge? LLPs brace for major tax overhaul July 2, 2026 The maths genius behind trading firm XTX, Alex Gerko, stands high in the rankings of Britain’s top taxpayers, having paid more than £330m to HMRC last year. For good measure, he also handed out more than £150m to charities and good causes in 2025, focusing on education and supporting talented math graduates to pursue PhDs [...]
The greatest comms challenge facing business leaders today July 2, 2026 To regain public trust, businesses must ditch the glossy, say-nothing comms and be honest with consumers about the messy reality.
Inside Arabian Falcons: The Dubai football side managed by Jonjo Shelvey July 2, 2026 Arabian Falcons have just re-signed Jonjo Shelvey as their manager, with the Dubai football team boasting off-pitch figures such as Jason Puncheon. Matt Hardy investigates Hear someone discussing Arabian Falcons and it would be easy to assume they were talking about either the Peregrine or the Saker – two heritage symbols of the Middle East [...]
Burnham tax plans spark investor rush to bank capital gains July 2, 2026 Entrepreneurs and savers are rushing to bring forward the sale of their businesses or take profit on investments in anticipation of Andy Burnham’s rumoured plans to fund his ambitious devolution agenda by equalising capital gains tax with income tax. Tax and financial advisers reported a sharp uptick in client enquiries on the likely Prime Minister’s [...]
Pip & Nut boss: My partner took nine months off to look after our baby. I want to normalise it July 2, 2026 When Pip & Nut CEO Pippa Murray had a baby, it was her husband who took nine months off. She says it’s time to rebalance parental leave.
Government intervenes on foreign takeover bids for UK defence firms July 2, 2026 Ministers have intervened in a flurry of foreign takeover attempts on British defence firms in the past year over concerns the bids posed a threat to national security, City AM can reveal. The government unit that scrutinises takeovers “called in” 24 proposed bids from foreign buyers between the first quarter of 2025 and the end [...]
Wayve hands London private market ‘major boost’ with $85m share sale July 1, 2026 Wayve has handed London’s fledgling private markets platform a major boost after unveiling an $85m (£63m) employee share sale. In what has been labelled a “major boost” for the City’s efforts to keep tech firms on home soil, the British autonomous driving unicorn will use the London Stock Exchange’s new Private Intermittent Securities and Capital [...]