As it happened: FTSE 100 rises as easing Iran tensions offset GDP blow; SpaceX set for blast off June 12, 2026 Welcome back to the City AM liveblog. Global equity investors are bracing for Musk’s record-breaking market debut SpaceX is set to begin trading on Nasdaq today after Elon Musk’s rocket, satellite and AI empire pulled off the largest IPO in market history. The company raised $75bn after pricing shares at $135, giving it a $1.77 [...]
Gulf trade deal: Britain should learn from the success of Dubai June 12, 2026 The free trade agreement with the Gulf Cooperation Council is a model of post-Brexit success, says James Price In 211BC, when Hannibal was camped outside the walls of Rome, Livy tells us that the ground his army occupied came up for auction in the city. Such was Rome’s confidence in its own future that it [...]
Jette Nygaard-Andersen Joins LivaNova Board as a New Director June 11, 2026 LivaNova PLC (Nasdaq: LIVN), a market-leading medical technology company, announced the election of Jette Nygaard-Andersen to the Company’s Board of Directors after its Annual General Meeting of shareholders on June 10. “We’re pleased to welcome Jette to LivaNova’s Board,” said William Kozy, Chair. “She brings deep medtech governance expertise, proven CEO leadership, and a strong [...]
London Tech Week day four: Tech still cares about diversity June 11, 2026 Who gets to help shape the future? In London's tech sector, we know diversity is still our greatest strength, writes Russ Shaw from day four of London Tech Week.
As it happened: Starmer dealt defence blow as investors react June 11, 2026 This was the City AM liveblog on Thursday 11 June. John Healey resigned as defence secretary over a lack of funding for the armed forces, heaping pressure on Sir Keir Starmer. Industry officials reacted with regret and paid tribute to Healey. The FTSE 100 also climbed on Thursday to defy fresh tensions between Iran and [...]
Kraken Launches Autonomous Agents for Utility Customer Service Built in Partnership with Sierra June 11, 2026 Developed in partnership with Sierra, Autonomous Agents combines Kraken’s utility AI-enabled operating system, unified data model and workflow engine with Sierra’s AI customer experience platform Built on Kraken’s Utility-Grade AI® and AI access layer, Autonomous Agents help customer service teams design, test and deploy agents for energy and utility-specific service journeys Autonomous Agents are already proven in enterprise-scale deployment, going live in four weeks and scaling to cover 1.3 million customer accounts at a major energy utility
Cork Gully Strengthens Private Credit Offering with Appointment of Michiel Boorsma as Partner June 11, 2026 Experienced private credit investor and restructuring adviser Michiel Boorsma joins Cork Gully to support asset managers, investors and stakeholders navigating complex situations across private markets.
Elevate founder Julia Baldet: Hospitality is brutal, but I don’t regret leaving finance June 11, 2026 Each week, we dig into the memory bank of the City’s great and good. Today, Julia Baldet, founder of City smoothie hotspot Elevate, takes us through her career.
Harley Street Health District Releases First Annual Impact Report June 11, 2026 New report demonstrates annual market value of Harley Street Health District is £1.85 billion, approximately £143 million growth in 12 months Estimated annual contribution to the UK economy is £810 million, predicted to reach £911 million in the next year Investment in HealthTech property in the District last year totalled £42.4 million from The Howard de Walden Estate
Watchdog opens probe into auditors of collapsed lender MFS June 11, 2026 The Financial Reporting Council (FRC) has launched an investigation into the conduct of three accountancy firms and individual accountants involved in auditing the accounts of collapsed mortgage lender, Market Financial Solutions. The accountancy watchdog said it has opened four probes into Magus Chartered Accountants, Berkeley Finch Limited, and Silver Levene (UK), and into a number [...]