The Works braces for boardroom battle as activist investor pushes for more control August 13, 2026 Discount retailer The Works has been engulfed in a boardroom drama as a notorious activist investor pushes to install a retired private equity partner as a director. The retailer, which sells toys and arts and crafts, warned on Thursday that the attempted coup could “create unnecessary distraction [and] risk derailing” the board’s growth strategy. Kelso, [...]
Stamp duty on shares is ‘biggest handbrake’ says UK bank chief August 13, 2026 The boss of a London-listed bank and former Labour party donor has called for stamp duty on shares to be ditched in the Autumn Budget to boost trading from retail investors. Ian Corfield, the boss of Secure Trust Bank, told City AM one of the firm’s “biggest challenges is trying to generate liquidity into the [...]
Championship club QPR selling stadium naming rights… on LinkedIn August 13, 2026 Championship club Queens Park Rangers are selling the naming rights to their Loftus Road stands on LinkedIn. The second tier club, based in the capital, says they’re offering “an exciting opportunity” to sponsor QPR, stating that a “company-branded stand would become part of the visual backdrop of QPR matches”. Loftus Road’s four stands all currently [...]
Four South Korean whiskies to try today August 13, 2026 Whether it’s through K-Pop, Squid Game or Korean street food, you’ve probably heard about, or indulged in, the rise in popularity of South Korean lifestyle culture in the UK. And the world of whisky certainly hasn’t been immune to this trend. Since the 2025 win for Korea’s first single malt whisky – Ki One Unicorn [...]
Strzala Architects and Corgan to Support Major Capital Investment Programmes for UK’s Manchester Airports Group August 13, 2026 Manchester-based Strzala Architects, with global architecture and design firm Corgan as subconsultant, has been appointed to a consultancy framework established by Manchester Airports Group (MAG) to support capital investment programmes across its airports over the next five years. Strzala Architects has secured a position on the framework under Lot 7: RIBA Stages 1+2 Architecture, partnering [...]
Revolut takes flight with launch of new airport lounges August 13, 2026 Revolut is planning to build up its physical presence in Europe with the launch of its own airport lounges. The digital banking giant has said from next year it will begin rolling out premium lounges across its priority markets. The London-based group has picked Copenhagen Airport for the 2027 debut, which Hadi Nasrallah, director of [...]
As it happened: FTSE 100 drops as Antofagasta prompts miner sell-off; oil prices cool August 13, 2026 Welcome back to City AM liveblog. The FTSE 100 dropped on Thursday morning, as the mining sector dragged on the blue-chip index. Antofagasta has fallen furthest, by nearly five per cent, after investors pounced on a production shortfall and cut to full-year guidance disclosed in its update this morning. This spook has weighed on the [...]
Devolution should mean regions competing for investment August 13, 2026 The next phase of devolution should focus less on how funding is distributed and more on how growth is rewarded, says Gus Wiseman For more than 30 years, governments have tried to rebalance England’s economy by directing funding towards regions outside London and the South East. Many of those programmes have delivered worthwhile projects, but [...]
Let’s go to the wall to stop graffiti August 13, 2026 They say what gets measured gets managed, but no one is documenting the volume of graffiti blighting our streets and degrading civilised society.. until now, writes Neil O’Brien I hate graffiti. I hate the way it makes places ugly and unsafe. I hate the middle class morons who think it is “creative” – but know [...]
Banning vape shops won’t fix scuzzy high streets August 13, 2026 Andy Burnham’s plans to revamp high streets by cutting down on vape shops aren’t ambitious enough, says Joseph Dinnage Andy Burnham is taking his hand to cleaning up Britain’s high streets. Commenting on the degradation of our urban centres, Burnham said that many areas have been “hollowed out”, and that the high streets we grew [...]