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      How Britain can stay clear of rivals as home of overseas sport club owners

      Football fans protest holding Love United Hate Glazer and Glazers Out Ratcliffe Out banners.

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      How Britain can stay clear of rivals as home of overseas sport club owners

      Football fans protest holding Love United Hate Glazer and Glazers Out Ratcliffe Out banners.

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      Why the Loire Valley is about so much more than fairytale castles

      Château de Villandry in the Loire Valley, France, with its famous ornamental gardens and pink roses in bloom.

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ftse 100 boss

  • JD assembles Ikea chair after rocky period for retailer

    Retail

    The former boss of Ikea has been named as JD Sport’s new chair following a tumultuous period for the retailer. Peter Agnefjäll, who spent more than two decades at the Swedish home furnishing brand, is set to succeed Darren Shapland as the chair of JD from the beginning of September. Shapland was appointed to the [...]

    Peter Agnefjäll, former IKEA CEO, in a suit, headshot
  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

    FTSE 100 Live

    Welcome back to the City AM liveblog. New tensions in the Strait of Hormuz this morning are leaving markets on edge and handing a blow to earlier optimism around a peace deal between the US and Iran. Oil is moving higher, reversing some of the drawback from the beginning of this week, after an attack [...]

    Bustling shipping activity in the Strait of Hormuz with tankers and cargo ships navigating Iranian waters.
  • WPP slashes jobs as revenue continues to fall

    Media

    Embattled advertiser WPP slashed jobs in the first half of the year as its revenue continued to fall. The London-listed media group cut another 1,267 employees in the first half, around 1.3 per cent of its total staffing. Across the 12 months to June, WPP has now slashed its total workforce by 6.4 per cent [...]

    WPP has had a difficult start to the year.
  • As it happened: Stocks fall into red as oil fluctuates over Middle East developments

    August 6, 2026

    Welcome back to the City AM liveblog. Oil prices have fluctuated around the $80 mark over the last 24 hours following mixed developments coming out of the Middle East. Brent crude – the international benchmark for oil prices – was heading towards $79 per barrel on Thursday morning, holding up a near 10 per cent [...]

  • Next hikes targets as heatwave boosts sales

    August 5, 2026

    Next has upgraded its profit targets for the year after breezing past second quarter expectations, putting its shareholders in line for a bumper payday. The FTSE 100 retail giant hiked its pre-tax profit expectations for 2026 to £1.24bn, around £25m higher than previously estimates. If achieved the figure would mark 7.3 per cent growth on [...]

  • As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’

    August 5, 2026

    Welcome back to the City AM liveblog. Oil prices have snapped a losing streak following Yemen’s Houthis said they had attacked a Saudi vessel in the Red Sea.  Brent crude drew back above the $80 per barrel mark on Wednesday morning on the news, but prices were still down for the week by around 10 [...]

  • Will Drastic Dave live up to his name at Diageo?

    August 4, 2026

    Putting the finishing touches to Diageo’s annual report, Sir Dave Lewis may be channelling the old slogan of the drinks giant’s prize brand, Guinness: ‘Good things come to those who wait’.  Since Lewis began his tenure as chief executive of the FTSE 100 firm on New Year’s Day, investors have heard very little from him. [...]

  • FTSE 100 Segro agrees to £14bn takeover by Prologis

    August 4, 2026

    FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real estate giants and striking another blow to the London Stock Exchange.  The US-based commercial landowner said on Tuesday that it has reached an agreement with Segro’s board which values the British [...]

  • HSBC kicks off $1bn share buyback after profit smashes forecast

    August 4, 2026

    HSBC has resumed its share buyback programme after profit soared past expectations in the second quarter of 2026. The FTSE 100 bank – whose market cap of £274bn makes it the London Stock Exchange’s most valuable company – posted $10.1bn (£7.5bn) in pre-tax profit for the last three months, surging past an internal forecast of [...]

  • As it happened: Oil prices tumble as Bessent says US-Iran deal imminent; miner stocks rally

    August 4, 2026

    Welcome back to the City AM FTSE 100 liveblog. The price of oil tumbled on Tuesday afternoon after a senior Trump ally said that a deal over control of the Strait of Hormuz could be agreed with Iran in the coming days. The price of Brent crude – the international benchmark for oil – tumbled [...]

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