Billionaire Easyjet founder in line for £800m payday from takeover July 6, 2026 Easyjet founder Sir Stelios Haji-Ioannou could be in line for a bumper £800m payday as part of the airline’s proposed takeover by private equity firm Castlelake. The British-Cypriot entrepreneur, who founded the company in 1995, holds some 116m shares in the budget carrier and will net a huge payout should he decide to sell his [...]
Investors in Farage-backed Bitcoin venture get burnt after stock slides July 6, 2026 Brits who bought shares in a crypto venture backed by Nigel Farage have seen their investment tumble by more than a third in the space of just three months. In March, Farage threw his weight behind Stack BTC, an Aquis-listed Bitcoin firm, investing hundreds of thousands of pounds to become one of the company’s largest [...]
Citi Becomes Clearing Member of London Precious Metals Clearing Limited July 6, 2026 Citi has been admitted as a clearing member of London Precious Metals Clearing Limited (LPMCL). The move marks a major expansion of Citi's precious metals business by adding Loco London settlement services, while simultaneously increasing LPMCL's network of clearing members. This collaboration expands the global precious metals market infrastructure, underscoring LPMCL's central role in the bullion market.
The UK’s legal system brings the world to London in search of a fair deal July 6, 2026 We talk a lot about London’s strengths as a global financial centre. We talk about our capital markets, our fintech ecosystem, our talent base. But there is one foundation that underpins every single one of those strengths, and it doesn’t get nearly enough credit: our legal system, says Dame Susan Langley When we talk about [...]
‘Number 10 North’ is no more than a gimmick July 6, 2026 Number 10 North has been designed to attract headlines without having been put under any real scrutiny, writes Eliot Wilson.
Easyjet board reaches agreement over £5.2bn Castlelake takeover July 5, 2026 The board of Easyjet is poised to accept a takeover bid by private equity firm Castlelake, in a move that could add the airline to a growing list of blue-chip companies that have unveiled plans to quit the London Stock Exchange since the start of the year. The offer of £6.90 per share, the fifth [...]
World Cup gives London restaurants and retailers Deliveroo boost July 5, 2026 England’s World Cup campaign has delivered a boost for restaurants and retailers across London, with new Deliveroo data showing a sharp increase in orders during the Three Lions’ group-stage matches. Exclusive figures shared with City AM show BBQ orders more than doubled across the capital during England’s matches against Croatia, Ghana and Panama, while picnic-related [...]
Labour defends Burnham’s ‘very powerful’ No 10 North plans July 5, 2026 Andy Burnham’s proposed ‘No 10 North’ would lead to a “very powerful reorganisation of government”, deputy Labour leader Lucy Powell has said. Her words come as ministers push ahead with one of the biggest overhauls of English local government in decades before Burnham is expected to enter Downing Street later this month, with Labour arguing [...]
R|Elan™ Circular Design Challenge Celebrates Its 8th Season with a Landmark Global Edition Under the India–France Year of Innovation 2026 July 4, 2026 The global platform returns with an expanded focus on circular innovation, emerging talent and cross-cultural creative exchange
Inside the Gumball 3000, the world’s most outrageous motoring event July 4, 2026 Swiss watchmaker Ulysse Nardin has teamed up with the world’s most outrageous motoring event, the Gumball 3000. Adam Hay-Nicholls explores the rally’s wild history, its improbable legends and its enduring appeal Sports cars and watches go hand in glove. Synergies of precision timing and craftsmanship are used to cement the credentials of each brand, whether [...]