‘Watershed moment’: EV sales soar as oil price volatility drives away petrol car demand June 10, 2026 Brits are racing to get their hands on electric vehicles after a surge in oil prices triggered by the war in Iran has driven away demand for petrol and diesel cars, one of the UK’s biggest used car supermarkets has said. London-listed Motorpoint, which has seen its shares jump on the back of bumper profits, [...]
Clearwater Analytics Unifies Factor Risk Across Portfolio Management and Risk Oversight June 10, 2026 New Capabilities Bring Pre-Trade Risk Analysis to Portfolio Managers and On-Demand Portfolio Risk Insights to Investment Leadership
Motive Brings AI Coach to the UK: Organisations Can Deliver Personalised Driver Coaching Automatically with Custom Avatars June 10, 2026 The new solution uses Motive’s accurate AI to deliver high-impact, personalised video feedback at scale, dynamically tailoring each script to the driver’s needs UK organisations with fleets can reduce coaching workloads by up to 100% while improving safety and performance with fast, consistent guidance for every driver
Asian markets sink again as tech sell-off reignites on Wall Street June 10, 2026 Asian markets have plunged into the red during Wednesday trading, as the widespread tech sell-off reignited once more on Wall Street. Chipmakers and companies tied to the AI investment boom dragged US stocks down on Tuesday, as last week’s tech jitters came back to plague the market just days before SpaceX’s anticipated listing. The Nasdaq [...]
Workspace slashes dividend as profit plummets amid new boss’ shake-up June 10, 2026 Real estate group Workspace slashed its dividend in the latest financial year as the firm plunged to a hefty loss. The FTSE 250 company posted a £120.5m loss before tax, from £5.4m last year, which was driven by nearly £160m in write-downs of property valuations amidst a changing strategy. New boss Charlie Green – who [...]
Podcast: Palantir to sue Sadiq Khan, GSK’s $10bn mega-deal, and could the World Cup rescue pubs? June 10, 2026 In today’s episode of City AM’s Business As Usual podcast, we get stuck in the top stories of the day – from a major pharma M&A deal to a US software giant poised to take legal action against the Mayor of London. City Editor Simon Hunt gives his round up of major markets stories, as Pharma giant [...]
Pension funds must ’embrace’ private markets to fuel growth June 10, 2026 UK pension funds must stop hiding in public equity benchmarks and ‘embrace’ private markets in order to meet their obligations and accelerate economic growth, the group chief executive of one of the UK’s largest pension providers has argued. Andrew Evans, co-founder and group CEO of Smart Pension, urged providers to steer away from public markets [...]
IBM’s consulting chief warns AI will ‘implode’ unprepared rivals June 10, 2026 IBM Consulting, under Mohamad Ali, claims to have surged ahead in AI by pioneering a human-plus-digital workforce and transforming its own operations before selling innovative solutions to clients, leaving less-prepared consulting rivals scrambling to keep up, writes Maria Ward-Brennan. IBM’s consulting chief, Mohamad Ali, warns that AI will “implode” unprepared rivals, claiming the group has [...]
The Debate: Should we build a data centre on Brick Lane? June 10, 2026 It may be better known for bagels, but times they are a changing. Should we put a data centre on Brick Lane? We hear the case for and against.
Padel craze drives demand for industrial property June 10, 2026 Padel operators have leased out more than one million square feet of industrial space in the last 18 months, as the UK’s newest sports craze takes over the country’s warehouses. The volume of square feet snapped up for Britain’s fastest-growing racquet sport in the past year and a half is almost seven times that in [...]