Supermarket inflation: Falling oil prices help keep costs down at the till May 6, 2026 Thank goodness for the price of oil. No, not Brent crude – the stuff that has sent costs at the pump up sharply since the outbreak of war in Iran – but cooking oil. A 500ml bottle of rapeseed oil fell by an average of 14 per cent between April and May across three supermarkets [...]
IGI Reports First Quarter of 2026 Unaudited Financial Results May 5, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the first quarter of 2026. Highlights for the first quarter of 2026 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended March 31, 2026 2025 Gross written premiums $197.2 $206.5 Net premiums [...]
London needs a real opposition, not a Labour/Green merry-go-round May 5, 2026 Voting tactically in the local elections just rewards the same old left wing cycle, says Sylbourne Sydial Alys Denby’s City AM article captures something we hear every day on the doorstep: many people in south-east London are tired of Labour and worried about the Greens. In Lewisham, that feeling is not abstract. Labour has dominated [...]
Corvera co-founder: Brits have it too comfortable May 5, 2026 The boss of Corvera has said Brits take a too comfortable, risk-averse approach after moving his AI startup from London to San Francisco. Corvera co-founder and chief executive Christopher Kong, an Oxford graduate who launched a fast-growing vegan food range before setting up the AI business in October last year, said he found it easier [...]
London City 7s returns with capital crying out for live rugby May 5, 2026 Dan James, founder of the London City 7s, pens his first of a new monthly column on short-form rugby in the capital. Rugby sevens has long been the better looking but somewhat inconsequential younger cousin of the traditional 15s game. If you were lucky enough to be one of the 113,000-plus fans in the record-breaking [...]
Motor finance provider faces administration amid £9bn redress fallout May 5, 2026 Blue Motor Finance is reportedly on the verge of administration after a series of financial setbacks and pressures stemming from the City regulator’s planned £9bn motor finance redress scheme. The independent motor finance provider is said to be facing a redress bill of over £50m, having lent over £1bn to over 120,000 customers – as [...]
Alvarez & Marsal poached FTI heads as firm seeks to challenge Big Four giants May 5, 2026 Management consultancy firm Alvarez & Marsal has poached its second FTI name to join its recently launched reputation advisory practice as it seeks to challenge the Big Four. The newest recruit, senior director Tom Hufton, joins managing director Rob Mindell to lead the practice, City AM can reveal. The firm’s new practice, launched at the [...]
Fifa World Cup sponsors outperform FTSE 100 and S&P 500 May 5, 2026 Major Fifa World Cup sponsors outperform FTSE 100 returns by a factor of five and the S&P 500 by three as brands look to dominate the conversation during the tournament. IG research looking at the performance of major World Cup sponsors saw an average return of 7.1 per cent during tournament cycles – from 30 [...]
D-Wave Announces Qubits Europe 2026 Quantum Computing User Conference May 5, 2026 Event will bring together leading quantum innovators, customers and experts to explore how quantum computing is delivering real-world impact Company to share latest technology roadmap and progress with annealing and gate-model quantum computing, hybrid-quantum software and quantum artificial intelligence (AI)
AB InBev Reports First Quarter 2026 Results May 5, 2026 Solid top- and bottom-line performance: Revenue up by 5.8%, Beer volume growth of 1.2% and a 20.8% Underlying EPS increase