The Highland tourist tax: Is Scotland pricing out whisky tourists? August 25, 2026 The latest available data from the Scottish Tourism Economic Activity Monitor in Scotland (STEAM) shows that between 2012 and 2024, visitor numbers to the Highlands increased 82 per cent to 9.4m. Spending increased by a similar amount, to £2.1bn. A large share of that is directly linked to the Scotch whisky sector. You’d think, therefore, [...]
Spurs take outlay to £320m with Savinho deal but still aren’t England’s biggest spenders August 25, 2026 Tottenham Hotspur have taken their summer spending past the £300m mark by completing the signing of winger Savinho from Manchester City. The Brazilian is the fourth player to join Spurs for a fee of more than £50m since the end of last season, following Sandro Tonali, Mateus Fernandes and Jan Paul van Hecke. They have [...]
FTSE 100 creeps closer to record high as investors dodge AI turmoil August 25, 2026 The FTSE 100 is creeping toward another record high after logging its best run in three months, as investors hunt for stocks detached from AI and tech. London’s blue chip index has recorded five straight days of gains and ticked up 0.18 per cent on Tuesday to trade at 10,875 by 11:45am. If it continues [...]
Four mistakes founders are making with AI and the true cost of inertia August 25, 2026 Advice about AI adoption usually comes in two flavours: move fast, or proceed with caution. Take too long to deliberate how and when to integrate AI into your business, and your competitors will leave you for dust. But, rush to adopt AI trends without properly diagnosing the problems in your business, and you risk eroding [...]
Housebuilder shares soar on Burnham council housing plans August 25, 2026 Shares in the UK’s biggest housebuilders rose sharply on Tuesday morning after Andy Burnham revealed plans to spend an initial £10bn on affordable housing. In an announcement on Monday evening, the Prime Minister said the initial funding package would be used to build “thousands more quality council, social and affordable homes”. The funding would be [...]
payabl. Teams Up with Visa to Help Merchants Quickly Resolve Disputes and Prevent Costly Chargebacks August 25, 2026 European financial technology provider payabl. has expanded its relationship with Visa to extend access to real-time dispute management tools for merchants across the UK and EU. Through the collaboration, payabl. will offer Visa’s Rapid Dispute Resolution (RDR) services, enabling merchants to resolve disputes automatically at the pre-dispute stage and help prevent costly chargebacks before they [...]
London pensions firm eyes more deals after HSBC and Lloyds takeovers August 25, 2026 Pension consolidator Chesnara has said it is eyeing more deals after it swung back into profit following its takeover of HSBC Life UK. The London-listed firm recorded a £61m pre-tax profit in the first half of 2026, bouncing back from a £5m loss in the same period last year. Revenue soared to £255.9m, up from [...]
UK government takes stake in miner after £71m injection August 25, 2026 The government’s National Wealth Fund is set to pump £71m into miner Tungsten West in a bid to help reopen the Hemerdon mine in Devon. The funding package combines a £36m share purchase, which will hand the government a 7.4 per cent stake in Tungsten and a seat on the board of directors, and a [...]
Burnham shelves Thames Water administration plans over costs August 25, 2026 Andy Burnham has paused plans to take public control of Thames Water over fears that it could saddle the taxpayer with a bill running into the billions of pounds. The Prime Minister had been considering putting the struggling utility into a special administration regime (SAR), which would allow the government to take partial control of [...]
As it happened: FTSE 100 jumps in best streak since May; Vistry, Melrose lead risers August 25, 2026 Welcome back to the City AM FTSE 100 liveblog. The blue-chip index jumped on Tuesday to extend its best winning streak since May. Melrose Industries led the FTSE 100 after the completion of a probe into a chemical incident in California, while Vistry gained 18 per cent on the FTSE 250 after winning cash in [...]