Tracker funds are turning 50 – will they make it to 100? August 19, 2026 Vanguard launched its first ever tracker fund 50 years ago this month. Since then, they have had an enormous impact on the way our capital markets function – and now make up more than half all fund-held assets. Ali Lyon asks: will they be as popular when they turn 100? The 1976 launch of the [...]
House prices in wealthy London boroughs fall by up to £300,000 August 19, 2026 House prices in London’s most sought-after areas plummeted further in June, with the average price in some postcodes falling by nearly £300,000 year on year. London’s average house price slipped by 2.5 per cent to £554,000 in the year to June, according to the Office for National Statistics (ONS). Though this was a softer fall [...]
Ridgeview Partners Announces Recommended Acquisition of Pinewood Technologies Group plc August 19, 2026 Ridgeview Partners LLC (“Ridgeview”), a growth-oriented technology private equity firm, today announced that U.K. Piston Bidco Limited (“Bidco”), a newly-formed company indirectly owned by entities administered by Ridgeview, has reached an agreement with the board of directors of Pinewood Technologies Group plc (“Pinewood.AI” or the “Company”), the leading cloud-based, AI-first, full-service technology provider to automotive [...]
City institution Simpson’s Tavern reborn as British restaurant August 19, 2026 Simpson’s Tavern, the City’s oldest chophouse which closed in 2022, is to reopen later this year as a modern British restaurant. Cloth Cornhill will open on 1 October on the site of the former pub, which first opened in 1757 and was a favourite drinking haunt of Charles Dickens and William Thackeray. A new era [...]
Mbappe-backed brand set for London store in Harrods August 19, 2026 A firm which counts Kylian Mbappe as one of its shareholders will this week open a store at London shopping stalwart Harrods. German technology firm Loewe – which counts Mbappe’s family office as minority stakeholder – will have a space at the Brompton Road department store as the firm looks to expand its footprint. Chief [...]
Incoming FRC chair sits on board of construction group facing criminal probe August 19, 2026 The woman in line to become chair of the Financial Reporting Council (FRC) sits on the board of a company currently under criminal investigation, City AM can reveal. Dame Jayne-Anne Gadhia was named by the government last month as the next chair of the accounting watchdog and is set to take over in September when [...]
IPO tweaks are welcome, but London’s market needs root and branch reform August 19, 2026 The FCA's recent IPO reforms are welcome tweaks, but London needs bolder action to win the listings race, writes Samantha Myers.
Five tracks that could host Formula 1 in coming years August 18, 2026 Any country that is any country wants to be part of a coveted club, to be a host of a Formula 1 race weekend. The 2026 season would have seen 21 countries sharing 24 races – altered to 23 races in 20 countries due to the conflict in Iran – meaning a smidge over 10 [...]
Options Announces CIX Trading, Canada’s Newest Alternative Trading System (ATS) August 18, 2026 Options Technology, the leading provider of trading infrastructure to the global financial markets, today announced that it will be offering CIX Trading, Canada’s newest alternative trading system (ATS), designed to modernize Canada’s Equities Markets. CIX Trading is the first ATS to go live in Canada in over 10 years, seeking to close the innovation gap [...]
Let them build homes near stations, but let them be beautiful too August 18, 2026 Rules to allow thousands of new homes near stations is cause for celebration, but the government must avoid creating 'anywhere developments'.