Heathrow slams regulator plans to ‘take UK backwards’ by slashing investment June 11, 2026 Heathrow has issued a scathing rebuttal of the regulator’s plans to crack down on the airport’s spending and expansion, warning that this risks “taking the UK backwards”. The UK’s largest airport said that the Civil Aviation Authority’s (CAA) “proposed cuts to our investment plans risk taking the UK backwards and weakening our competitiveness”. The CAA [...]
Wizz Air ‘resilient’ after route cancellations wipe out profit June 11, 2026 Wizz Air has insisted its decision to halt operations in Vienna and Abu Dhabi positioned the airline for “long term resilience,” despite causing net profit to drop by nearly 99 per cent. The FTSE 250-listed airline said its slump in net profit from €214m to €1m was due to the “one-off headwinds” of these route [...]
Give me home Euros over World Cup, but is it really worth £557m of taxpayers’ money? June 11, 2026 I’m sure I’ll enjoy much of the 2026 World Cup, provided I can stay awake late enough, but I’ll approach Euro 2028 with far greater enthusiasm. Home nations competing on home soil in British Summer Time and with advertisers and broadcasters whipping up interest among the general populace. What’s not to like, other than violent [...]
Curatis Increases Revenue Growth Guidance for 2026 June 11, 2026 Curatis Holding AG (SIX: CURN) increases its revenue growth guidance for the financial year 2026: the company is forecasting a revenue growth of approximately 40% in 2026, in contrast to the previous outlook of over 25%. Based on preliminary figures for the first five months of 2026, Curatis expects a significantly higher than anticipated revenue [...]
UK defence chief: Adopt AI or lose future wars June 11, 2026 Britain’s most senior military officer has warned that the UK risks losing future conflicts unless it dramatically accelerates the adoption of AI across its armed forces. Speaking at London Tech Week, chief of the defence staff Air Chief Marshall Sir Richard Knighton said AI would be as transformative for warfare as the internet was for [...]
Forget Palantir, Microsoft is the government’s real tech problem June 11, 2026 MPs are right to warn about the dangers of the public sector’s use of Palantir, but the bigger story is the vice-like grip Microsoft exerts of government IT systems, says Bill McCluggage Palantir, the Peter Thiel-founded data analytics firm with its murky intelligence community roots, makes for an irresistible villain. So it’s no surprise that [...]
Mark Kleinman: BP might do well to plug credibility gap with Soames June 11, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column BP might do well to plug credibility gap with Soames Now that the dust has begun to settle on Albert Manifold’s ousting as BP chairman, the mutual recriminations between the company and its erstwhile leader have begun [...]
Hospitality leaders ramp up pressure on Labour to slash VAT June 11, 2026 Leaders of top hospitality firms have ramped up pressure on Labour to slash VAT, which they warn is leading to hundreds of thousands of job losses. Pub chains JD Wetherspoon, Fuller’s and Greene King, as well as hotel giant Hilton and Mexican restaurant chain Wahaca, have thrown their weight behind a campaign to cut Value [...]
How The Macallan mastered the long game June 11, 2026 This month’s issue of Whisky Business, City AM’s monthly look at the world of whisky, takes a look at The Macallan and its unique ownership structure. The Macallan is one of the most iconic Scotch whisky brands, having carved out a niche for itself at the luxury end of the market. Bottles have consistently broken records at [...]
Baghdadi Capital integrates Qasioun Partners, Strengthening Its Financial Advisory Proposition June 10, 2026 Baghdadi Capital, a global independent family office specialising in corporate and investment banking, announces the integration of Qasioun Partners, a new firm specialising in Advisory Finance and Investment Banking, which joins the Group with its own capital structure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260610028423/en/ Qasioun Partners originated from the advisory [...]