Uranium miner plots London float as father-and-son team reopen abandoned site in northern Italy June 30, 2026 A firm planning to mine uranium in northern Italy has drawn up plans for a London float as it seeks to capitalise on renewed interest in nuclear technology. Reveille Resources, which will be operated by Ippolito Ingo Cattaneo alongside his father, Andrea Cattaneo, are preparing to join London’s small-cap Aquis exchange as soon as this [...]
Government-backed ESG reporting platform put up for sale as firms backtrack on eco-goals June 30, 2026 An ESG reporting platform backed by the government-owned British Business Bank has been put up for sale after appointing administrators, City AM can reveal, in the latest sign blue-chip companies are paring back their sustainability commitments. World Wide Generation, which operates the platform, known as G17 Eco, has opened the bidding to interested parties and [...]
‘Sh*tloads to come’: London takeover spree set to accelerate June 29, 2026 At a gathering of some of London’s top bankers in the City of London last week, the mood was one of uncertainty. On the one hand, London’s dealmakers are not in want of work. In the past two weeks alone Easyjet has opened the door to an approach from American private equity firm Castlelake, Ramsdens [...]
As it happened: Supreme Court blocks Trump sacking; Andy Burnham vows ‘greater public control’; Comcast spin-off June 29, 2026 Good afternoon from the City AM liveblog team. News of a major spin-off deal in the media sector is providing the main talking point during the New York trading day, helping lift stocks up after the tech sector weighed on the market over the previous session. Sky owner Comcast’s announcement that it will set up [...]
Volex takes ‘conservative’ approach to data centre growth forecast amid AI capex splurge June 26, 2026 The boss of Volex has said the firm has taken a “conservative” approach to the growth of its data centre arm after a surge in capex spend among the AI hyperscalers sent its revenue soaring. The Hampshire based connectivity products business, which supplies key components used in data centres, posted a 14.4 per cent rise [...]
Revealed: Secret Treasury plan to tax State Pension before it is paid out June 25, 2026 The Treasury is drawing up plans to automatically withhold income tax from the State Pension before it is paid out to recipients, City AM can reveal, in a move which flies in the face of previous assurances by Chancellor Rachel Reeves that she would not “go after” elderly Brits with fresh tax demands. The proposal, [...]
‘There’s a kind of romance to it’: Cubitts opens King’s Cross hub on site of Victorian stables June 25, 2026 Cubitts has opened a major new hub in King’s Cross, marking the latest chapter of the trendy spectacle maker’s expansion. The London-based business, which first opened its doors in 2012 and has made bespoke glasses for the likes of Idris Elba, Ryan Reynolds, Madonna and Cynthia Erivo, has taken up a 13,000 square foot lease [...]
Big Technologies boardroom battle intensifies after director ousted June 24, 2026 A fierce battle between the founder of Big Technologies and its board has gathered pace after one of the directors was voted out by shareholders. Founder Sara Murray, who was herself ousted from the board last year following accusations of fraud and forged documents, had voted to remove all four directors who were up for [...]
A decade after Brexit, what does the City want next? June 24, 2026 The 46th floor of the iconic One Canada Square building was once home to the European Banking Authority. Towering over a sea of skyscraper headquarters adorned with the biggest names in finance, the watchdog’s office was both a nod to its regulatory might, turbocharged by the fallout from the 2008 crash, as well as to [...]
Speed or stability? Bond markets strap in for Andy Burnham coronation June 22, 2026 City bond traders are strapping in for a “jumpy” ride as Andy Burnham looks set to cruise into Downing Street uncontested – even if a coronation helps head off the worst volatility, analysts have said. The former Manchester Mayor’s bid for the top job won a major boost today as former health secretary Wes Streeting [...]
