Sky and ITV mount defence of £1.6bn merger as regulators probe deal Media Sky and ITV will argue their proposed £1.6bn merger controls only around a fifth of Britain’s advertising market as they seek to convince competition regulators to approve one of the biggest media deals in decades, City AM understands. The Competition and Markets Authority (CMA) on Wednesday invited comments on Sky’s planned acquisition of ITV’s Media [...]
Joby and Virgin Atlantic Finalize Deal to Bring Electric Air Taxi Service to the UK Business Wire Joby and Virgin Atlantic sign multi-year agreement that builds on Joby’s existing exclusivity arrangement with Delta Air Lines London Heathrow and Manchester Airport expected to be among the primary UK connection points, with a plan to extend service across the UK over time Virgin Atlantic to integrate Joby’s UK services into its booking channels and support Joby’s rollout through its customer base and airport relationships
CFIT CEO: There’s still not enough diversity in the City Opinion Anna Wallace, CEO of the Centre for Finance, Innovation and Technology, gives us her views on the City in Square Mile and Me.
BNPL regulation is proof that industry and regulators can work together successfully July 15, 2026 It’s often argued that government regulation can hamper innovation, growth and competition. However, new regulations on Buy Now, Pay Later (BNPL), which come into force today, demonstrate that government, regulators and industry can successfully collaborate to improve consumer outcomes, while also supporting retail and tech sectors. Since Clearpay launched in the UK in 2019, we’ve [...]
City watchdog eyes rules overhaul for UK asset managers July 14, 2026 The UK’s financial watchdog has proposed a host of reforms aimed at simplifying reporting for asset managers and end industry confusion over complicated regulations. The Financial Conduct Authority (FCA) said the modernisation of the rules will tailor requirements for asset managers, cut costs for firms and provide better data for the sector, saving managers £128m [...]
Associated British Foods rises to bread battle with Warburtons July 12, 2026 Associated British Foods is taking on bread giant Warburtons with its Hovis merger. Could this be the biggest thing since sliced bread for the FTSE 100 giant? One of the London Stock Exchange’s biggest stalwarts is ditching the wardrobe and betting on the bread bin. Associated British Foods (ABF), which has been listed on the [...]
U.K. Firms Make Cyber Resilience Measurable July 10, 2026 Boards and regulators push enterprises to prove response readiness and operational impact as AI-enabled threats grow, ISG Provider Lens® report says
Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum July 9, 2026 Paul Johnson, former director of the Institute for Fiscal Studies and Robert Johnson of the Centre for Cities analyse the economic impact of Brexit and its promise of deregulation and growth Since the Brexit referendum of 2016, and since actually leaving the EU in January 2021, the UK’s economic performance has been feeble. On a [...]
Top Tory slams ‘ivory tower’ financial regulators as takeover bids blight London Stock Exchange July 8, 2026 The shadow business secretary has hit out at “ivory tower financial regulators”, accusing them of failing to spend enough time dealing with the problems facing London’s capital markets and hampering UK competitiveness. Conservative MP Andrew Griffith blamed watchdogs like the Financial Conduct Authority (FCA) for the state of the London Stock Exchange, which was blighted [...]
ITV says ‘no guarantees’ on jobs after £1.6bn Sky deal July 6, 2026 ITV and Sky executives have said they can make no guarantees on job cuts after the two companies announced a £1.6bn merger on Monday. Employees of ITV have been warned the tie-up between Britain’s two biggest commercial broadcasters could lead to redundancies, and there are “no guarantees” over their jobs. Speaking after the acquisition was [...]