CoStar Data Shows London Dominates UK Office Development as Regional Pipeline Hits 20-Year Low July 31, 2026 Office construction in UK regions has fallen to its lowest level in at least 20 years, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260731928780/en/ Preliminary data for Q2 2026 shows annual [...]
As it happened: Stocks reach new record as investors shrug off Iran war fears July 31, 2026 Welcome back to the City AM liveblog. It’s Friday morning and the FTSE 100 has opened into the green, following two consecutive days of record gains for the blue-chip index. London’s blue-chip index was up as high as 0.7 per cent in early trading to 10,971.88p, “The FTSE 100 tested new record highs on Friday morning as [...]
Dream Accelerates Growth of Asset Management Platform With Acquisition of Chancerygate, a Leading U.K.-Based Industrial Asset Manager and Developer July 30, 2026 Combined platform is one of Europe’s leaders in urban industrial with over 80 professionals and 27 million square feet of GLA managed or under development across nine countries.
Burnham accused of imposing ‘top–down’ devolution July 30, 2026 Andy Burnham’s devolution agenda has been slammed over its “top down” approach after the Prime Minister unveiled new plans to share income tax revenue with local leaders. Burnham, himself a former Manchester mayor, said regional leaders in England will begin receiving a “greater share of locally generated revenues” next spring as part of his push [...]
Gino D’Acampo restaurants face HMRC winding-up order July 30, 2026 The company behind TV chef Gino D’Acampo’s restaurant empire has been hit with a winding-up petition by the UK tax authority. Upmarket Hotels & Leisure, which runs five British restaurants named after the former This Morning star, was served the petition by HMRC after a filing made to the High Court, as seen by City [...]
High interest rates and low confidence put construction firms under pressure, Lords warns July 30, 2026 Construction firms have been hit by a barrage of reduced market confidence, high interest rates and rising national insurance costs, builders’ merchant Lords has warned, after it suffered its biggest-ever single-day stock fall. The London-based firm released a challenging market update on Thursday, which saw its shares plunge 20.61 per cent to an all-time low [...]
AI data centres and defence tech lead investment wave July 30, 2026 Data centres, energy, and military technologies are the main investment channels tech buyers want to pour money into, according to new research. Law firm A&O Shearman’s latest outlook for technology investment said demand was growing for the infrastructure needed to build and run AI, while software companies faced greater scrutiny over whether AI could replace [...]
UK government backs British business to get slice of £33bn in Morocco World Cup contracts July 30, 2026 British businesses hoping to get in on £33bn worth of World Cup contracts in Morocco have been boosted by government backing. The Foreign Office is aiming to help British firms get a piece of the construction cake as a number of projects ramp up in North Africa ahead of the next Fifa World Cup, which [...]
Currys hands outgoing boss Alex Baldock £2m pay rise July 30, 2026 FTSE 250 giant Currys has handed its outgoing boss Alex Baldock a more-than-£2 m pay rise, capping off the chief executive’s successful turnaround of the business. The electrical retailer handed Baldock a £6.3m total pay package this year, marking a 54 per cent hike from last year’s £4.1m. Baldock joined Currys in 2018 and is [...]
Adidas shares plunge after hike in World Cup marketing spend July 30, 2026 Adidas shares sank this morning after the sportswear behemoth missed quarterly profit expectations amid a hike in World Cup marketing spend. Shares in the German firm opened more than 15 per cent down after missing second quarter profit expectations. The dent came despite revenues rising 14 per cent to £5.7bn but the firm maintained its [...]