How the SpaceX IPO revealed a ‘back door’ into Britain’s capital markets June 29, 2026 The UK’s public offer platform regime was rolled out as part of a package of reforms designed to get capital flowing into British companies. Now SpaceX has used it to raise funding in the biggest IPO of all time – in New York. Maisie Grice asks whether the changes are working as intended. In January, [...]
UK firms ‘bracing for change’ as Trump revives tariff threat over Big Tech tax June 29, 2026 Donald Trump’s latest threat to impose 100 per cent tariffs on countries with digital services taxes has renewed concerns among British exporters, with business groups warning that a trade dispute over Big Tech could end up costing manufacturers billions. The US president said on Friday that any country imposing a digital services tax on American [...]
KBRA Relocates to Expanded London Offices to Support Growth June 29, 2026 KBRA, a global credit rating agency, announces the relocation of its London office to Marble Arch House, marking a significant investment in its long-term growth across the UK and Europe. The expanded office space will support KBRA’s continued business growth, enhance collaboration among its growing team, and further strengthen the firm’s ability to serve clients [...]
Wimbledon stars Sinner and Sabalenka drop threat after progress in prize money talks June 29, 2026 Leading men’s and women’s tennis players have dropped their threat of a media protest over pay and conditions at Wimbledon after securing last-minute concessions from SW19 chiefs. Stars including Aryna Sabalenka and Jannik Sinner had warned they would limit media commitments to 15 minutes at this year’s Championships, which begin today in London, in response [...]
‘Sh*tloads to come’: London takeover spree set to accelerate June 29, 2026 At a gathering of some of London’s top bankers in the City of London last week, the mood was one of uncertainty. On the one hand, London’s dealmakers are not in want of work. In the past two weeks alone Easyjet has opened the door to an approach from American private equity firm Castlelake, Ramsdens [...]
Is this £430k hyper-customised Porsche 911 the GOAT? June 29, 2026 From City AM The Magazine, Summer 2026, Theon Design aims to create the ultimate Porsche 911, with a blend of classic character and modern manners. Tim Pitt gets behind the wheel “Luxury is about pleasing yourself, not dressing for other people,” said fashion designer Marc Jacobs. And what goes for clutch bags and sunglasses is [...]
Burnham to unveil plans for devolution and ‘reindustrialisation’ June 28, 2026 Andy Burnham will unveil plans to devolve power away from London and shift some government operations to a “Number 10 in the North”, as the Prime Minister-to-be calls for a change in “how Britain is governed”. In a speech focused on growth on Monday morning, Burnham will say that a 10-year plan will focus on [...]
Whoever’s our next PM, please let the City help you June 28, 2026 No matter who inhabits 10 and 11 Downing Street, the City Corporation is ready to help drive growth, writes Chris Hayward.
LSE draws up ‘worst case scenario’ US listing flight risk June 28, 2026 As many as 20 FTSE 100-listed companies may move direct listings to New York, leaving a £2bn gap in the Treasury’s earnings from stamp duty on share trades. This includes blue-chip companies HSBC, London Stock Exchange’s largest firm, telecoms companies BT and Vodafone, and drinks giant Diageo which owns a global portfolio of well known [...]
Heatwave fans demand for aircon stocks June 26, 2026 Investors have been piling into air conditioning stocks as global heatwaves and the spread of data centres drive demand for cooling systems. Shares in global leading heating, ventilation, and air conditioning (HVAC) firms have recorded sharp increases in recent months, with Tokyo-listed Daikin Industries up 23.91 per cent to 24,050.00 yen (£118.50) since the start [...]