Nearly 1m people to pay higher tax ‘by stealth’ Economics Nearly one million people are being dragged into higher tax bands as the government’s “stealth” freezes take effect, according to new analysis. Data crunched by the Taxpayers’ Alliance has shown that fiscal drag – where freezes on tax bands mean workers are forced to pay more into HMRC as wages grow – will impact 1m [...]
Easyjet shares crash on fears of EU probe Aviation Shares in Easyjet plummeted on Wednesday after reports the European Union was preparing a probe into the ownership of airlines, potentially complicating the carrier’s mooted takeover by Apollo. The London-listed budget airline said this month it was likely to accept an all-cash offer from the US investment behemoth, trumping an earlier bid from another US [...]
FTSE 100 Segro ‘minded to accept’ £14bn Prologis takeover Property Segro has said it is “minded to accept” the £14bn takeover offer tabled by US real estate giant Prologis. The FTSE 100 property firm said on Wednesday evening that the terms of Prologis’s fourth bid are at a level it would be willing to recommend to its shareholders. Segro’s update came just five minutes before [...]
Exclusive: Bordeaux Begles to compete in London rugby sevens tournament July 22, 2026 Investec Champions Cup winners Bordeaux Begles will send a team to the London City 7s in a major coup for the Square Mile tournament. The showstopping French Top 14 outfit, who in May won their second consecutive European title, will participate in the second edition of the London sevens tournament, which takes place in September [...]
Jeff Goldblum plays the cinematic hits at joyful Royal Albert Hall show July 22, 2026 Jeff Goldblum at the Royal Albert Hall | ★★★★☆ Nobody does it like Jeff. Not my words but those printed on the t-shirt of a fan at his show at the Royal Albert Hall. Few actors have forced their way into the cultural zeitgeist quite like Jeff Goldblum, whose personality looms over everything he does [...]
Financial gap between Hundred host counties and others widening, report warns July 22, 2026 The financial gap between Hundred host clubs and the other 11 counties is widening and could continue to do so, according to a new financial report. The big four counties of Surrey, Lancashire, Hampshire and Warwickshire generated over half of the total revenue of all 18 first-class counties last year, with a “series of financial [...]
AI reduces founders’ need for capital, says Revolut Business July 22, 2026 AI is reducing the amount of capital startups need to build global businesses, shifting the battle for founders away from funding and towards which countries offer the best environment to scale, according to the head of Revolut Business. Speaking to City AM, James Gibson said AI had dramatically lowered the cost of building and operating [...]
London Broncos: Automatic Super League promotion not off table July 22, 2026 London Broncos have insisted automatic promotion to the Super League remains on the table. Reports had suggested that the club – which would become the only English Super League team south of Warrington – would not be automatically admitted into the top flight of rugby league and would be forced to, like everyone else, rely [...]
Scotch whisky sales are falling, but what’s really behind the decline? July 22, 2026 Whisky Business, City AM’s whisky supplement. The Scotch whisky sector and indeed the wider spirits market have faced a challenging six months, marked by a wave of negative headlines that have painted a bleak picture of the industry’s health. At the beginning of the year, data from restructuring firm BTG warned nearly one in five of [...]
Regulator flags BDO’s ‘unacceptable’ audit issues for fifth year in a row July 22, 2026 Accountancy giant BDO has been flagged for an “unacceptable” standard of audit quality by the watchdog for a fifth year in a row. The Financial Reporting Council (FRC) said in its yearly audit quality report that BDO’s overall audit quality fell below expected standards and “has received unsatisfactory results from regulatory inspections” consistently for five [...]