Iran war woes cause jump in London-listed profit warnings July 20, 2026 The rising energy costs and fragile consumer confidence caused by the Iran war have driven a jump in the number of profit warnings issued by London-listed firms. UK-listed companies issued 59 profit warnings in the first half of this year, up from 55 last year, with more than half of these being blamed on policy [...]
Global Citizen’s links to Fifa chief Motsepe and the first ever World Cup half-time show July 19, 2026 If you haven’t heard of Global Citizen before, that may be about to change due to the charity’s role in the first ever half-time show during a World Cup final on Sunday. The show, curated by Coldplay frontman and longtime Global Citizen supporter Chris Martin, will feature performances from some of the biggest stars in [...]
Thames Water creditors expect Burnham talks despite legal contigency plans July 18, 2026 The creditors bidding to rescue Thames Water remain confident they will be able to present a revised takeover proposal to Andy Burnham’s government, despite preparing for the possibility ministers reject the deal, a source told City AM. People close to the London & Valley Water (L&VW) consortium said they expected to engage with the new [...]
The PlayStation Portal 2026 review: Japanese innovation, hampered by UK infrastructure July 17, 2026 The PlayStation 5 may have outsold Microsoft’s Xbox Series X by a country mile, but Nintendo’s Switch has, since its release, dominated the handheld console market. Now Sony’s PlayStation Portal may finally be in with a chance to gain some ground. Released in 2023 to mixed reviews, the PlayStation Portal baffled gamers and critics upon [...]
Burnham: I’ll be a pro-business Prime Minister July 17, 2026 Andy Burnham has vowed to be a pro-business Prime Minister who will reindustrialise Britain and support the country’s small businesses. Speaking after he was crowned Labour leader on Friday, the former Manchester mayor railed against “four decades of neoliberalism” which he said had seen political power concentrated in Westminster while “economic power was privatised”. In [...]
Thames Water in the dark as Burnham mulls embattled utility’s future July 17, 2026 Thames Water and the group of creditors vying to buy it have had no engagement with Andy Burnham’s team as the incoming prime minister weighs whether to take full public control of the struggling utility, City AM understands. Burnham said earlier this year that Thames Water should be nationalised and has repeatedly called for greater [...]
Burberry revival gets a boost from China and US sales July 17, 2026 Burberry has recorded a lift in sales across all its fashion lines for the first time in three years as a resurgence in the US and China helped ease a slowdown in spending brought on by the Iran war. The London-listed fashion label posted a five per cent rise in overall revenue in the three [...]
Burnham set for crunch decision on JP Morgan’s £10bn tower July 16, 2026 Andy Burnham’s government will face a crunch decision on the future of JP Morgan’s flagship tower in Canary Wharf as it weighs whether to uphold a major tax break for the project despite opposition from industry groups. The next Chancellor will serve as the final arbiter on the framework of a business rates exemption for [...]
Toast the City Awards 2026 finalists announced – vote now! July 16, 2026 It’s here: the Toast the City Finalists have been announced, with bars, restaurants, coffee shops, green spaces and more from across the City being celebrated in the Square Mile’s biggest and best awards. Now is your chance to vote for your favourite city spots – just visit our Toast the City website and cast your [...]
Elliptic Launches Next-Generation Continuous Monitoring, Giving Crypto Compliance Teams a Live View of Customer Risk Without the Flood of Alerts July 16, 2026 The only monitoring solution on the market that detects the full range of risk-changing events, not just label changes, and lets teams configure alerts to only what matters, cutting manual rescreening and alert triage by up to 75%