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      Emergency government meeting held over high temperature amid ‘strain on public finances’

      Aerial view of dry, brown farm fields affected by high temperatures, with a road and farm buildings.

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  • Emergency government meeting held over high temperature amid ‘strain on public finances’

    Economics

    The government will hold an emergency meeting to discuss the country’s response to this summer’s high temperatures and drought amid fears that it will add a “strain” on the public finances.  Prime Minister Andy Burnham will chair the ‘Cobra’ meeting of ministers overseeing health, water, housing and local government, as well as officials from agencies [...]

    Aerial view of dry, brown farm fields affected by high temperatures, with a road and farm buildings.
  • Airtel and Sumup set to kick off London’s fintech IPO test

    Fintech

    Airtel and Sumup are set to hand a potential $20bn boost to the London Stock Exchange with long-awaited IPOs that could help pave the way for a host of fintech firms to come to market.  Telecommunications giant Airtel is planning to list its mobile money business in London before the end of the year, its [...]

    Hand holding black SumUp payment card over a white contactless reader on a marble table with breakfast food
  • Britain knows how to seed a scaleup. But can it back one all the way?

    Partner

    How do we keep high-potential tech founders headquartered in Britain, instead of watching them drift offshore, taking their growth stories with them? This question was posed to the Head of AIM & UK Primary Markets at London Stock Exchange Group (LSEG), and a panel of tech founders at SCALE Summit in London. On 23 April [...]

    Panelists discuss Scaleup Champions: Capital & Collaboration at SCALEEXPOSUMMIT, with sponsor logos visible.
  • When the City unites: Why this year’s City Giving Day matters more than ever

    August 12, 2026

    At City AM, I spend my days steeped in the news of the Square Mile. All too often, those headlines are dominated by difficult themes – economic uncertainty, geopolitics, shifting regulatory landscapes and market volatility. It can sometimes feel as though division and unpredictability are the only stories we tackle. However, I also know firsthand [...]

  • FTSE 100 Live: Stocks dip as Iran and US clash over control of Strait of Hormuz

    August 12, 2026

    Welcome back to City AM liveblog. Oil prices broke above $89 per barrel on Wednesday morning, notching the sixth consecutive sessions amid mixed signals around a potential deal between the US and Iran. The regime in Iran has said that the United States must end the war before they loosen their grip on the Strait of [...]

  • 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 [...]

  • Bring football home: let London host the Super Bowl

    August 12, 2026

    The NFL has been playing matches in London since 1986. If any city outside the USA is ever going to host the Super Bowl, it should be London, says Alex Challoner Last week, new Prime Minister Andy Burnham said it was insane that the UK has not hosted a world cup since 1966. While it [...]

  • 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.

  • The Debate: Is Count Binface funny?

    August 12, 2026

    You won't catch our comment editor cracking a smile at the intergalactic space warrior, but is Count Binface entirely unfunny?

  • Chelsea fans stunned as ticket sharing equated with sexual misconduct

    August 12, 2026

    Chelsea have stunned supporters by equating unauthorised ticket sharing with sexual misconduct in their sanctioning guidelines for the new season. Premier League clubs are cracking down on ticket misuse but long-standing season ticket holders, who have long shared log-ins and built networks to help each other buy tickets, feel unfairly targeted. Bots and touts remain [...]

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