From China with Love: Xpeng’s Luxury Ambition August 17, 2026 China is changing the car industry at extraordinary speed. For affluent professionals used to proven premium brands, the next chapter of that transformation is becoming ever more challenging to turn a blind eye to, writes our motoring journalist Tim Barnes-Clay. I had seen more Chinese cars than you can shake a stick at before, but [...]
Labour backbencher adds to criticism of stamp duty on shares August 17, 2026 A Labour backbencher with experience in the financial services sector has urged Healey to reconsider stamp duty on shares in UK trading. Callum Anderson, the Labour MP for Buckingham and Bletchley, set out a list of growth policies for Healey to prioritise at the Budget. The proposals break from some of the party’s current economic [...]
Luxury London property developer collapses as housing market slows August 17, 2026 A luxury London property developer has collapsed after running out of funds, as the capital’s prime housing sector faces growing pressure. London Richmond Ltd, which describes itself as a “boutique” developer focusing on the “finer areas” of the capital, has appointed administrators, City AM has learned. In the latest sign that London’s prime property market [...]
South Africa sport minister on Olympics bid, Formula 1, Springboks and LIV Golf August 17, 2026 When you think of sport in South Africa images from the 1995 Rugby World Cup come to mind alongside the sound of vuvuzelas en masse in 2010 and Chad le Clos (and his father, Bert) at the London 2012 Olympic Games. But there remains a feeling that the Rainbow Nation, and the wider African continent [...]
Monzo chair makes early exit after boardroom rift August 17, 2026 The chair of Monzo will make an early exit from the UK fintech next month following a period of a turmoil in the neobank’s boardroom. Garry Hoffman will step down from his role as soon as next month, ending his tenure over a year earlier than his nine-year term permits. He will be replaced by [...]
‘We have been ignored for most of our life,’ says FTSE 100’s newest bank August 17, 2026 Lion Finance thought of itself as the London Stock Exchange’s wallflower. But after its promotion the the market’s blue-chip index earlier this year, the bank is finally getting noticed. Shares in the group formerly known as Bank of Georgia have enjoyed a quiet ascent since the beginning of 2022. In that four-year window the stock [...]
Virgin Trains gets green light for channel tunnel route August 17, 2026 Virgin Trains has moved a step closer to running train services between London and Paris, Amsterdam and Brussels, after the railway watchdog waved through its application to use the line connected London to the channel tunnel. The Office of Rail and Road (ORR) said on Monday it had given Sir Richard Branson’s train company the [...]
On this day: Animal Farm is published August 17, 2026 On this day, 17 August, in 1945, with pro-Soviet sentiment rapidly fading in the UK, George Orwell's Animal Farm is finally published.
Exclusive: Fulham launch £900 a head Michelin-guide recognised hospitality at Craven Cottage August 17, 2026 Premier League club Fulham FC will this week announce a Michelin Guide-recognised dining experience at their Craven Cottage home, City AM can reveal. Adam Byatt-directed Constance – based at Fulham Pier under head chef Charlie Crote – will launch “Constance on Matchdays”, beginning next Monday as Alvaro Arbeloa’s Fulham begin their Premier League season against [...]
Activist investor accuses The Works chair of working from home – in New Zealand August 17, 2026 The activist investor locked in a boardroom battle with The Works has accused its chair of switching his residence to New Zealand and dialling in to crucial meetings. Kelso, a London-listed investment fund, is pushing to appoint a director of its choosing to the discount retailer’s board, but The Works has slapped down the move, saying it [...]