City law firms considering corporate-style models amid capital crunch July 23, 2026 Artificial intelligence investment may force top City firms to abandon the traditional limited liability partnership (LLP) mindset and behave like capital‑hungry corporates, a top legal finance firm has predicted. Speaking to City AM, Burford Capital’s chief operating officer, Travis Lenkner, and vice president, Patrick Savage, said City law firms that would never traditionally sell a controlling [...]
Get ready for new energy minister Miatta Fahnbulleh’s war on London’s drivers July 23, 2026 You may not have heard of Miatta Fahnbulleh, but she has a long history of writing bonkers papers for lefty think tanks proposing more low traffic neighbourhoods and ultra low emmissions zones all across London, says Arthur Reynolds If you thought Ed Miliband’s departure from the energy department marked the end of Labour’s eco-lunacy, I’ve [...]
Andy Burnham should show London he cares by funding this one transport project July 23, 2026 The ascendancy of the ‘King of the North’ has spooked London. James Ford outlines that this can easily be fixed by greenlighting the West London Orbital Railway London is anxious. The new Prime Minister is not just something of an unknown quantity, but – worse still – he is (whisper it quietly) Northern. Now, we’ve [...]
Aspire’s David Collyer: my curry catastrophe at the Cinnamon Club July 23, 2026 Square Mile and Me: We dig into the memory bank of the City’s great and good. Today, David Collyer, global senior vice president at Aspire, on being a Ferrari fan and a curry catastrophe What was your first job? A paper round – I used to dread Sundays because of the broadsheets but it’s where [...]
Mark Kleinman: Well runs dry for Thames Water creditors July 23, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Well runs dry for Thames Water creditors Are Thames Water’s taps about to run dry? Not literally, of course – but Andy Burnham’s arrival in Downing Street has fired the starting gun on a creditor sprint to [...]
Milestone Alphabet century bond already under pressure July 23, 2026 Alphabet’s historic century bond has shed more than seven per cent of its value in just five months, amid a wider downturn in long-dated debt and increased scepticism on the earnings potential of the US’s so-called hyperscalers. The sterling-denominated 100-year bond, which the Google owner will not have to repay until 2126, has sold off [...]
Beyond the Tour de France: How Girona became a cyclist’s paradise July 23, 2026 Girona quietly welcomes the world’s best cyclists – and the Tour de France. Damien Gabet rides through Spain’s bucolic countryside D’you remember the Festina scandal in 1998? The whole cycling team was caught bang to rights for doping. And because parts of it fell under French criminal law, les flics got involved and the soigneur [...]
Nearly 1m people to pay higher tax ‘by stealth’ July 22, 2026 Nearly one million people are being dragged into higher tax bands as the government’s “stealth” freezes take effect, according to new analysis. Data crunched by the Taxpayers’ Alliance has shown that fiscal drag – where freezes on tax bands mean workers are forced to pay more into HMRC as wages grow – will impact 1m [...]
Easyjet shares crash on fears of EU probe July 22, 2026 Shares in Easyjet plummeted on Wednesday after reports the European Union was preparing a probe into the ownership of airlines, potentially complicating the carrier’s mooted takeover by Apollo. The London-listed budget airline said this month it was likely to accept an all-cash offer from the US investment behemoth, trumping an earlier bid from another US [...]
FTSE 100 Segro ‘minded to accept’ £14bn Prologis takeover July 22, 2026 Segro has said it is “minded to accept” the £14bn takeover offer tabled by US real estate giant Prologis. The FTSE 100 property firm said on Wednesday evening that the terms of Prologis’s fourth bid are at a level it would be willing to recommend to its shareholders. Segro’s update came just five minutes before [...]