Expanding London airports will help growth take off July 28, 2026 Extra runways at Heathrow, Gatwick and Luton are not just lucrative transport infrastructure projects that will create construction jobs and supply chain benefits in the short-term. They are key to getting overseas visitors into the UK to spend money, says Alex Challoner The summer holidays are upon us. Chances are, at some time in the [...]
Burnham won’t be bold enough to make devolution shift the dial on growth July 28, 2026 Within a year of Cornwall abolishing the 45p additional rate of income tax and reducing corporation tax to 15 per cent, hundreds of entrepreneurs and businesses, including dozens of major financial and professional services firms, had relocated to the county. The influx of private sector dynamism delivered an astonishing economic boost to a region that [...]
Andy Burnham must shake Britain out of ‘analysis paralysis’ and get building July 28, 2026 To address the UK’s broken infrastructure delivery model, Arup advocates for a new approach that prioritizes locally-led, outcome-focused projects and creative financing to better connect communities and drive economic growth, says Andrew Nothstine Andy Burnham has already set out his governing philosophy and guiding aims. His ‘north stars’ are economic growth in every postcode through [...]
Why the Bank of England museum is a one-of-a-kind July 28, 2026 Where else in the country can you walk into a museum and without any guard present, lift a gold bar worth £1.2 million? Welcome to the Bank of England museum, one of the City’s hidden gems. Apart from the gold bar, a reminder of the 400,000 beneath you, the museum is a real treasure house, [...]
Ban foreign stocks from Isa wrapper, says top pensions boss July 28, 2026 The tax-free wrapper on a stocks and shares Isa should be restricted to investments in UK assets, according to the chair of a top pension fund who also called for an inheritance tax carve-out for retail investors who buy government bonds. Speaking at an event, Standard Life chair Nicholas Lyons argued limiting the tax incentive [...]
Robotaxi rules row drives Waymo-Uber rift ahead of London launch July 28, 2026 A row over how robotaxis should be regulated has become one of the main reasons relations between Waymo and Uber have deteriorated, sources familiar with the matter told City AM, as the companies prepare to launch rival autonomous taxi services in London. At the heart of the ride-hailers’ dispute is whether new rules should favour [...]
KBRA Assigns Preliminary Ratings for RRE 12 Loan Management DAC July 27, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of Notes issued by RRE 12 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 12 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP (“RRAM UK” or the “collateral manager”). [...]
Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax July 27, 2026 Andy Burnham is “not considering” scrapping stamp duty and council tax, Downing Street has said, as the government moves to pour cold water on rumours of major tax changes that had spooked property sector leaders. Business chiefs condemned the government over the danger of property tax speculation after reports over the weekend suggested that Burnham [...]
5 Reasons to support City Giving Day 2026 July 27, 2026 On 23 September, organisations from across the City will once again come together for City Giving Day — the annual celebration of philanthropy, volunteering and community action organised by The Lord Mayor’s Appeal. The annual celebration in partnership with City AM, brings together organisations of every size to showcase what responsible business looks like in action. Whether you’re a long-standing participant or considering joining for the first time, here are five reasons why City Giving Day deserves a place [...]
If SailGP steers towards ultra-aspirational audience it will soar July 27, 2026 Having spent two days consuming SailGP in Portsmouth, Matt Hardy looks at what’s next for the series dubbed F1 on water Akin to a horde of middle aged parents at an Algarve all-inclusive, an eager line forms within eyesight of prime real estate with hundreds ready to grab the best spot. But rather than being [...]