CFIT CEO: There’s still not enough diversity in the City July 16, 2026 Anna Wallace, CEO of the Centre for Finance, Innovation and Technology, gives us her views on the City in Square Mile and Me.
Options Technology Appoints Stephen Dorrian from Cboe Global Markets as Senior Vice President of Enterprise Data July 16, 2026 Options Technology, the leading provider of high-performance trading infrastructure and market data solutions, today announced the appointment of Stephen Dorrian as Senior Vice President, Enterprise Data. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260716325084/en/ Stephen joins Options from Cboe Global Markets, where he served as Head of Market Data and Access Services, [...]
Airlines clash over Heathrow regulation July 16, 2026 Airlines have found themselves at loggerheads over the future of Heathrow, after one American carrier warned against the break-up of the owner’s monopoly even as others double down on calls for a new third runway operator. According to a freshly published consultation document from the Civil Aviation Authority, Delta Air Lines told regulators that a [...]
Crest Nicholson shares slump as lender talks drag on July 16, 2026 Crest Nicholson shares dropped after the housebuilder posted a £35m loss and told investors it is still locked in talks with its lenders. The London-listed firm had delayed the publication of its results in the hopes of seeking emergency permission from its creditors to loosen the terms of its debt, but said on Thursday that [...]
PwC slapped with multi-million fine for audit failures at FTSE 100 firm Babcock July 16, 2026 Big Four giant PwC and a former partner have been fined over £5.5m for the audit failures of London-listed engineering giant Babcock International. The Financial Reporting Council (FRC) issued disciplinary action against the firm and its audit partner, John Waters, following numerous serious audit breaches during the financial years 2019 and 2020 audits of the [...]
Foxtons shares tumble as estate agent takes £3m knock from Renters’ Rights Act July 16, 2026 Foxtons shares have tumbled after the firm said it took a knock of as much as £3m from the introduction of the Renters’ Rights Act, amid a sharp uptick in tenancy terminations. The Act abolished fixed tenancy terms and increased tenant flexibility to terminate tenancies, sparking “elevated levels of tenancy terminations.” Foxtons, which also bemoaned [...]
Engineering group picked off London Stock Exchange in £4.1bn deal July 16, 2026 Rotork is set to become the latest company snapped off the London Stock Exchange by a foreign buyer after agreeing to a £4.1bn takeover by Swiss rival ABB. The engineering group agreed to pay 506p per share in cash for the FTSE 250 firm, comprising 503p in cash and a dividend of up to 3p. [...]
We should all get behind this wealth tax July 16, 2026 A wealth tax is once again rising up the agenda as Andy Burnham prepares to enter Downing Street. The tax is remarkably popular. YouGov polling last year found 75 per cent of Brits would be in favour of the introduction of a wealth tax, with only 13 per cent opposed. There are three clear reasons [...]
Sport expects true fan Andy Burnham to take a leaf out of John Major’s book July 16, 2026 Andy Burnham was Secretary of State for Culture, Media and Sport for 16 months in Gordon Brown’s cabinet. This was a time in which shirt and tie was the required political dress code for swinging in a children’s playground in Brixton with the Secretary of State for Children, Schools and Family, one Ed Balls. Burnham’s [...]
Elite English firms face uphill battle in fierce New York market July 16, 2026 Elite City law firms face major financial and strategic hurdles breaking into the US legal market, as fierce competition for top talent and high partner compensation make organic growth and brand-building especially challenging, writes Maria Ward-Brennan Breaking into the US has been on the agenda of many elite English law firms, most notably four-fifths of [...]