Burnham’s devolution drive could ‘push 90,000 jobs out of London’ August 12, 2026 Roughly 90,000 of London’s white-collar jobs could be pushed into other parts of the country as Andy Burnham accelerates his devolution drive, a top recruitment firm has predicted. Legal, banking and accounting firms could be among those to shift thousands of jobs away from the capital in a bid to capitalise on the Prime Minister’s [...]
Aberdeen is back in the FTSE 100 but is Interactive Investor holding it up? August 12, 2026 Five years ago former Aberdeen chief executive Stephen Bird made what would prove to be a disastrous choice when he chose to rebrand the investment manager abrdn. The decision was widely mocked across the Square Mile – including earning the odd jibe in these pages. Some have called Bird’s decision the beginning of his downfall [...]
Retail investors are returning to UK markets August 12, 2026 For decades, British retail investors have snubbed their home market. But in 2026 things are changing, writes Rupert Hargreaves.
UK economy to ‘reverse gains’ as construction drags growth August 11, 2026 The UK economy’s modest gains from the first half of the year are set to be reversed as the flagging construction industry is set to hammer growth prospects, economists have said. A poll of economists, tracked by Bloomberg, believe GDP contracted by 0.1 per cent in June, partly unwinding previous gains. Pantheon Macroeconomics analysts said [...]
Boutique London advisory firm lands £8m funding amid M&A frenzy August 11, 2026 A boutique M&A advisory firm has landed £8m in fresh funding as it seeks to capitalise on a wave of takeover activity, City AM can reveal. London-based Lava Advisory Partners, which was founded in 2020, secured the debt finance from specialist SME lender Beechbrook Capital. The B Corp-certified firm said it would use the cash [...]
Hargreaves Lansdown orders staff back to office August 9, 2026 The UK’s largest DIY investment site is ordering employees back to the office from the start of next year. Hargreaves Lansdown will order its staff into the workplace for three days a week, shortly after the firm moves into its new Bristol office. The wealth manager, which was acquired by buyout firms including CVC Capital [...]
How Britain can stay clear of rivals as home of overseas sport club owners August 9, 2026 Sport is more political than ever. Matt Sutton asks how clubs navigate the geopolitical risks in 2026. Ownership and investment have become increasingly international, with sports clubs, leagues and governing bodies relying on global capital to drive growth. For years an argument has been rumbling on about whether it’s right to have foreign investment in [...]
IHT pension scramble shows ‘no sign of slowing down’, says Royal London boss August 5, 2026 The mass scramble among UK pension savers to avoid being pulled into the inheritance tax net shows “no sign of slowing down”, as the policy shakeup creeps closer. From April 2027, pensions will be included in the scope of inheritance tax (IHT), meaning unused funds and death benefits will count towards the value of a [...]
Exclusive: Blackstone set to back AI ‘droid’ firm at $3.5bn valuation August 4, 2026 Blackstone is weighing a fresh funding injection for Nvidia-backed artificial intelligence firm Factory in a deal likely to value the coding company at more than $3.5bn, City AM has learned. The New York-headquartered investment giant, which has been ploughing cash into AI firms and digital infrastructure in recent years, is considering the investment as part [...]
London’s IPO lull expected to last into 2027 August 3, 2026 London’s IPO market is expected to remain subdued for the rest of the year, as domestic and overseas political upheaval puts companies off listing. The UK’s stock market has had minimal IPO activity this year to date, seeing just seven new listings which raised a combined £557m. This ended the IPO surge seen at the [...]