Five-star Mayfair hotel hit with HMRC winding-up petition August 11, 2026 A five-star Mayfair hotel has been hit with a winding-up petition by the UK tax authority, just months after the sudden departure of its managing director. The Stafford London, a 107-room luxury hotel, was served the petition by HMRC after a filing was made to the High Court, City AM can reveal. A winding-up petition [...]
Boutique London advisory firm lands £8m funding amid M&A frenzy August 11, 2026 A boutique M&A advisory firm has landed £8m in fresh funding as it seeks to capitalise on a wave of takeover activity, City AM can reveal. London-based Lava Advisory Partners, which was founded in 2020, secured the debt finance from specialist SME lender Beechbrook Capital. The B Corp-certified firm said it would use the cash [...]
Top economists shun Burnham over wealth taxes August 10, 2026 Economic heavyweights who were reported to be advising Andy Burnham have opted not to join his government due to disagreements over potential wealth taxes, it has been reported. Lord Jim O’Neill, the former Goldman Sachs executive, is in ongoing talks with Burnham over a potential role, City AM reported last week. Fresh reports have suggested [...]
Nottingham Forest owner Marinakis sues Crystal Palace for defamation August 10, 2026 Nottingham Forest owner Evangelos Marinakis is suing Crystal Palace in the High Court after fans of the south London club displayed a banner depicting him holding a gun to a player’s head. Lawyers for Marinakis lodged the claim for defamation today, almost a year after the banner appeared at a Premier League fixture between the [...]
Rosslyn Coffee boss James Hennebry tells us the secret to great coffee August 10, 2026 We’re into the final round of voting for the 2026 Toast the City Awards. We’ve been catching up with some of our finalists; today we spoke to Rosslyn Coffee co-founder James Hennebry, who has two of his City locations, Ludgate Circus and London Wall, nominated in the Best Coffee category. To vote for your favourite [...]
We can’t all create jobs. But we can all create opportunities. August 10, 2026 Headlines about the challenges facing young people trying to secure their first meaningful job have become hard to ignore. And with exam results for our next generation of workers landing soon, Emily Shenton, co-founder of Arrival, an organisational performance consultancy whose social impact practice partners with corporates to help ambitious young people build careers and [...]
The World’s Largest AI Companies Built Deployment Arms This Year. Harbor Built One for Law August 10, 2026 Harbor Deploy is the first AI deployment offering built exclusively for law firms and corporate legal departments, bringing the embedded-engineering model now reshaping enterprise AI to the industry where confidentiality, professional judgment, and duty to the client are non-negotiable.
Lepas L8: China’s New SUV Means Business August 10, 2026 Is the UK’s SUV market ready for another Chinese challenger? Motoring journalist Tim Barnes-Clay takes a closer look at the new Lepas. Lepas, another new marque from automotive giant Chery – the company behind Omoda and Jaecoo – is positioning the L8 plug-in hybrid (PHEV) as a premium SUV that combines handsome styling, generous technology [...]
Cavendish taps top adviser to fend off foreign takeover interest August 10, 2026 Cavendish has drafted in advisers from a top corporate consultancy to help it fend off low-ball takeover bids amid a wave of consolidation in Britain’s financial services sector. Top brass at the boutique investment bank enlisted the help of specialists at Teneo last year, City AM can reveal, who conducted a valuation exercise to “support [...]
Revolut lands fresh banking licence after wrestling with Europe friction August 10, 2026 Revolut has been granted a new full-fat banking licence with approval from the European Central Bank following previous friction with the prudential regulator. The $75bn fintech giant – which is currently undergoing a secondary share sale expected to value it at $115bn – revealed on Monday its European arm will accelerate its continental push under [...]