Climbing handed £1.4m boost to LA 2028 Olympic medal push May 7, 2026 Climbing has received the biggest boost after UK Sport increased Team GB funding by £4m for the LA 2028 Olympics and Paralympics. Canoeing, para canoeing and visually impaired judo programmes have also received significant uplifts in funding but by far the biggest increase – £1.43m – has gone to climbing. Teenager Toby Roberts won gold [...]
No, a pint does not cost £10 in London (see for yourself) May 7, 2026 Headlines appeared over the weekend that a London pint now costs £10. This leaves a bitter taste. Granted, look hard enough and you’ll find a private members’ club here, a chichi restaurant there, that has found customers with deep enough pockets to pay a fortune for supermarket lager. But this has always been true – [...]
Northern Trust Supports Launch of Europe’s First Autocallable ETF on Waystone’s ETF ICAV platform May 7, 2026 ETF Servicing Solutions Support Launch of Calamos Investments’ Strategy for European Investors
Jet fuel crisis worse than Covid for airlines, says AirAsia chief May 7, 2026 The global jet fuel shortage caused by the Iran war has caused a bigger crisis for airlines than the Covid-19 pandemic, the chief of AirAsia has warned. Tony Fernandes, chief executive of AirAsia, said: “I thought I’d seen it all with Covid […] but having seen jet fuel go up almost three times — this is much [...]
IHG: Holiday Inn owner braces for 50 per cent Middle East hit May 7, 2026 Holiday Inn owner IHG expects to see a 50 per cent hit to its operations in the Middle East, as the Iran war wreaks havoc on global travel. Intercontinental Hotels Group said revenue per available room in the Middle East slumped to a 26 per cent year-on-year fall in March, reversing the nine per cent [...]
Apis Partners Announces Final Close of $1.23 Billion Fund III, Double its Predecessor May 7, 2026 Fund III closes 23% above target, more than double Fund II Around 50% of capital raised from existing LPs increasing commitments Fund III to invest in tech-enabled financial infrastructure and services companies across Europe and growth markets
LIV Golf’s decline leaves sport with more questions than answers May 7, 2026 LIV Golf. What was that all about? Ok, the past tense might be a bit harsh. But could anyone have the appetite and depth of pockets to rescue a venture that has burned through $5bn from the ignominy of collapse? Where too does this embarrassing failure leave Saudi Arabia and its sporting ambitions? Time has [...]
FTSE 100 Live: Stocks down on election day; oil back below $100 as Iran deal hangs in balance May 7, 2026 Good morning and welcome back to the City AM liveblog. It’s local election day in the UK and Keir Starmer’s premiership is hanging in the balance as his Labour Party prepares to take a drubbing in council boroughs across the country. Gilt yields rose at their fastest rate earlier this week as the market prepares [...]
City law firms put US partner promotions in the spotlight May 7, 2026 As law firms increasingly shift their focus to the US there has been a surge in partner promos across the Atlantic – while London is becoming more selective, writes Maria Ward-Brennan. It’s that time of year when my inbox gets flooded with press releases and Companies House notifications about partner promotions at the City’s finest [...]
However London votes today, not enough will change May 7, 2026 Whether Labour, Tory, Lib Dem, Greens, or Reform – all local politicians are all incentivised by the system that elects them. Every party promises to protect “green spaces”, all councillors perform lip service towards supporting affordable homes, while campaigning vociferously against what they arbitrarily determine to be “inappropriate development”, says Tom Harwood While London (and [...]