Housebuilder Bellway warns mortgage rate hikes dampening housing demand June 9, 2026 Bellway has said that recent rises to mortgage rates as a result of the Iran war are dampening demand for housing, on top of rising building cost inflation due to the conflict. The FTSE 250 housebuilder said it has seen a “moderation” in customer demand in April and May, bringing an end to a “positive” [...]
GSK shares slip after buying US cancer treatment firm Nuvalent for $10.6bn June 9, 2026 Pharma giant GSK has sealed a $10bn deal to snap up Boston-based biopharmaceutical company Nuvalent. The FTSE 100 titan said it will pay $124 per share in cash in the agreement, marking a 40 per cent premium over what Nuvalent’s stock was trading at just before this announcement. The deal is expected to officially close [...]
Mayor Khan hails London as ‘undisputed global capital for women’s sport’ amid £50m boost June 9, 2026 Mayor of London Sadiq Khan has hailed the capital as the “undisputed global capital for women’s sport” after the sector pulled in £55m in 2025. City Hall research claims that events such as the Women’s Rugby World Cup final, the WTA event at Queen’s and the Hundred all contributed to £55m being delivered into the [...]
Uber and Wayve open waitlist for London robotaxis June 9, 2026 Uber has opened an interest list for customers keen to try autonomous minicabs in the capital, as self-driving taxis near a commercial launch in the UK. The ride-hailing giant is partnering with British autonomous driving firm Wayve, whose technology has been tested on London’s streets since 2018. Customers can now opt in through the Uber [...]
‘Nobody’s getting a free pass’: Starmer warns Big Tech as social media ban looms June 9, 2026 Keir Starmer has warned tech firms they face government intervention if they fail to protect children online, as pressure mounts for tougher restrictions on social media access for under-16s. Opening London Tech Week on Monday, the prime minister used a speech focused on artificial intelligence, economic growth and Britain’s tech ambitions to deliver a stark [...]
Portugal holidays: why The Algarve offers so much more than just beaches June 9, 2026 The Algarve beyond the beaches, by Jack J Matthews The prospect of walking 300 km is intimidating. But even the longest, most challenging of journeys begins with a single step, and as long as one foot keeps following the other, you will have covered a good distance in no time. This, at least, was the [...]
Starmer’s social media restrictions will mean the government can spy on every phone June 9, 2026 In practice, the government is demanding that Apple install on-device AI nudity-detection software at the operating system level for iOS and that Google do the same for Android. This would involve constantly scanning the camera viewfinder, screen output, livestream, and stored files, and blocking or blurring nudity in real time. This amounts to surveillance technology on [...]
Tate & Lyle becomes latest market stalwart to quit London June 9, 2026 Tate & Lyle on Monday became the latest City stalwart to head for the door. Felix Armstrong recounts the accelerating exodus from London’s stock market As the summer holidays beckon, stalwarts of the London Stock Exchange are packing their bags ahead of a potential departure to warmer climes. FTSE grandee Tate & Lyle became the [...]
London City Airport faces opposition over bigger planes plan June 8, 2026 Opposition to plans to allow bigger jets to use City Airport is taking off among London politicians who work right under the flightpath into the Docklands hub. The London Assembly’s environment committee has raised questions over aircraft such as the Airbus A320neo being used to boost capacity at the capital’s smallest and most central aviation [...]
Where can I watch the Fifa World Cup from in London? June 8, 2026 Book your tables and pre-order those booze towers because the World Cup is here – for more than a month – and City AM has you covered. Here are the sport desk’s top nine non-traditional spots to enjoy the footie from. Brigadiers The City staple is an ideal place for those early 8pm kick-offs. Its [...]