Options Technology Extends Low Latency Infrastructure to Support All MIAX U.S. Exchanges July 22, 2026 Options Technology (Options), a leading provider of high-performance IT infrastructure for global financial markets, has deepened its eight-year relationship with Miami International Holdings, Inc. (MIAX), extending its low latency infrastructure and connectivity services to support all MIAX’s U.S. exchanges. This includes MIAX Options®, MIAX Pearl®, MIAX Emerald®, and MIAX Sapphire®; MIAX Pearl Equities™; and MIAX [...]
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 [...]
London house prices fall again as property slowdown drags on July 22, 2026 London house prices fell again in May as uncertainty over Andy Burnham’s premiership dampened market confidence. The average house price in the capital slipped by 3.7 per cent to £545,000 in the year to May, according to the Office for National Statistics (ONS). Prices jumped in the rest of the country, though the headline rate [...]
Joby and Virgin Atlantic Finalize Deal to Bring Electric Air Taxi Service to the UK July 22, 2026 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
Lucy Rigby back as City minister July 22, 2026 Lucy Rigby has been demoted to City minister after a stint as the chief secretary to the Treasury. Rigby, who previously served in the role under Keir Starmer, was moved from her cabinet role by Burnham and will now return to the dual brief of economic secretary to the Treasury and City minister. The former [...]
Former Lloyd’s chief John Neal breached rules with undisclosed relationship July 22, 2026 Former Lloyd’s of London chief executive John Neal fell “significantly below” expected standards in his workplace relationship with a colleague, an independent legal review by Freshfields has found. Neal had run the historic London insurance marketplace for over six years when he stepped down last year. He was in line to become president of general [...]