Crystal Palace to step up legal fight over Europa League expulsion July 16, 2025 Crystal Palace chairman Steve Parish has confirmed that the club will take their bid to overturn expulsion from the Europa League to the Court of Arbitration for Sport. European governing body Uefa stripped the FA Cup winners of their spot in next season’s competition last week after ruling that they had broken multi-club ownership (MCO) [...]
FCA boss sounds alarm on financial warfare and debt levels July 16, 2025 Rising sovereign debt and the growing risk of an attack on Britain’s financial infrastructure are the two biggest threats to UK markets, the boss of the Financial Conduct Authority (FCA) has warned, as he issued a clarion call for more data on the trading of government bonds. Nikhil Rathi told peers that the danger to [...]
Wall Street banking giants ride tariff rebound to booming revenue July 16, 2025 Wall Street’s banking titans have rounded off second-quarter earnings seasons largely breezing past analyst expectations as revenues boomed on the back of market volatility. The lenders continued a trend from the first-quarter with strong trading and investment banking revenues driving a robust performance. JP Morgan pocketed $45.7bn in revenue, outperforming its $44bn estimate. This came [...]
Companies House reforms: 1 in 5 firms shift addresses July 16, 2025 More than one in five UK companies changed their registered address between January 2022 and February 2025, highlighting the extent of internal corporate changes taking place ahead of major Companies House reforms. Moody’s data, shared exclusively with City AM, also found that nearly 14 per cent of companies changed legal status during the same period. [...]
Open odds: Bookies facing seven-figure payouts if Rose blooms July 16, 2025 Rory McIlroy may be the popular choice but long-odds Justin Rose is the winner that bookmakers truly fear at this week’s Open Championship. Rose tied for second at Royal Troon last year and the Englishman has looked a future winner of the Claret Jug since starring at the 1998 edition as a 17-year-old amateur. Now [...]
Firms eye $450bn agentic AI prize, but trust is tanking July 16, 2025 Companies are eyeing a projected $450bn (£336bn) economic windfall from agentic AI by 2028, but few are adequately equipped to get there. New research from Capgemini found that the overwhelming majority of business leaders – 93 per cent – believe that scaling AI agents in the next 12 months will deliver a competitive ege. Yet [...]
FTSE100 giant Diageo to replace CEO Debra Crew as sales slide July 16, 2025 Diageo will replace Debra Crew just over a year into her tenure as the drinks giant struggles to regain investor confidence following a turbulent period marked by falling sales and a sharp decline in its share price. The FTSE 100 giant has confirmed that Crew has quit with immediate effect and will be replaced on [...]
Keir Starmer refuses to rule out pension tax raid July 16, 2025 Prime Minister Keir Starmer shied away from ruling out a pensions tax raid at the Autumn Budget despite top researchers’ calls for the government to refrain from adding ever-higher cost burdens on Britons. Keir Starmer has faced repeated questions about several taxes being introduced later this year given City estimates that as much as £24bn [...]
McGregor could fight on UFC card hosted by Trump at White House July 16, 2025 Controversial former UFC fighter Conor McGregor could return to the octagon on Donald Trump’s White House card. The US President confirmed this month that he’d been liaising with UFC chief executive and supporter Dana White about creating a 20,000-capacity arena at the White House to stage a UFC card as part of the United States’s [...]
WeTransfer forced to clarify AI data policy after user backlash July 16, 2025 Dutch file-sharing platform WeTransfer has walked back controversial language in its terms of service after online backlash over its potential use of artificial intelligence on user files. The company confirmed it does not use customer-uploaded content to train AI models, nor does it sell or share user data with third parties. The clarification came after [...]