Exclusive: Top FTSE executive recruiter goes bust after AI platform launch July 4, 2026 A City-based boutique recruitment consultancy which has won executive-level talent for a host of FTSE firms has plunged into insolvency after pumping investment into an AI platform, City AM can reveal. Savannah Group, which has recruited directors and executives for the likes of Starbucks, hospitality giant Fullers, Burger King, Aston Martin, and global cruise titan [...]
Nottingham Forest owner Marinakis announces £210m stadium plans July 3, 2026 Nottingham Forest owner Evangelos Marinakis has announced a new £210m stadium construction project as he looks to grow his football empire. Plans for a 53,000-capacity arena have been submitted by the Greek funder, who owns Premier League club Nottingham Forest as well as Olympiacos, Rio Ave FC and a number of other sporting franchises. The [...]
Formula 1’s governing body wants more races in China and Asia July 3, 2026 Formula 1’s governing body has insisted it wants more races in China and Asia as part of a Far East pivot ahead of this weekend’s British Grand Prix at Silverstone. The Federation Internationale de l’Automobile (FIA) told City AM that Asia had become a key growth market for the not-for-profit motorsport governing body, which this [...]
Tech, trackers and tourniquets: How England are preparing for Mexico World Cup altitude July 3, 2026 For an array of reasons, England face the toughest test of their World Cup credentials late on Sunday night when they face co-hosts Mexico. At the Azteca Stadium, they will come up against a team who have won four games out of four at this tournament, are backed by fervent home support and who have [...]
Natwest boss becomes latest City figure caught in AI social media scam July 3, 2026 The boss of Natwest has become the latest City figure to be depicted in an AI scam across social media. Paul Thwaite – the chief executive of the FTSE 100 bank – was posted on X alongside journalist Emily Maitlis in a deepfake picture attempting to create a BBC radio interview. The picture was shared [...]
Ferdinand, Crouch, Foster: How footballers have built media empires for the future July 3, 2026 Footballers need to retire eventually. Calum Hopkins takes a look at how they can do it in a changing media landscape. With the World Cup knockouts well underway, it is time to consider whether the people sitting in the studio continue to have the power. We are seeing a massive shift in football; the audience [...]
Richard Desmond puts £1bn Westferry development up for sale July 3, 2026 A £1bn residential development on the doorstep of London’s financial district has been put up for sale by its billionaire owner, City AM can reveal, in the latest twist in a long-running saga over the future of the project. The Westferry Printworks, which is owned by former newspaper baron Richard Desmond and promises to deliver [...]
Fifa accused of bullying in attempt to kill off multi-billion class action claim July 3, 2026 Fifa has been accused of using bullying tactics in a bid to kill off a class action lawsuit claiming billions in lost earnings from football’s governing body on behalf of current and former players. Justice For Players is pursuing a mega claim deriving from the European Court of Justice’s landmark Diarra Ruling, which declared Fifa’s [...]
Why brands can fail miserably at sponsoring Wimbledon July 3, 2026 With the Grand Slam in full swing, Sam Milne discusses why brands still manage to fail at Wimbledon Pimm’s, strawberries and cream, pristine grass courts, and royalty and sporting legends intermingling evoke only one place: Wimbledon. It’s one of the few global sporting events that feels timeless, and minus the players themselves, an image from [...]
Ryanair warns of ‘passport queue chaos’ with new EU border system July 3, 2026 Ryanair has warned the EU’s new biometric border system will cause “passport queue chaos” this summer and called on European governments to halt the rollout until after the busy travel season. The budget airline said the new system “is not ready” for the large volume of people travelling to Europe over the summer and urged [...]