NBA Europe bids fall short of $500m mark for some city franchises July 1, 2026 Some of the 12 permanent franchises in the NBA’s planned European basketball league have not yet attracted bids in excess of $500m, the mooted base price for teams. The latest round of bidding from seasoned sport owners, institutional investors and existing football and basketball clubs closed on Monday, with the most sought-after locations – believed [...]
London becomes activist capital of Europe as investors pressure firms over AI plans July 1, 2026 London has become the shareholder activist capital of Europe as boardrooms feel the heat of interventions from outspoken investors. The UK’s capital markets were the subject of a staggering 57 per cent of all European campaign activity in the first half of the year, fresh data has found, crossing the 50 per cent threshold for [...]
Halifax ends 173-year high street run as Lloyds ditches branding July 1, 2026 Lloyds Banking Group is set to ditch its Halifax brand in a move that will end the retail bank’s 173-year run on the high street. The FTSE 100 titan – whose subsidiaries also include Bank of Scotland and Scottish Widows – said on Wednesday it would rebrand Halifax under the central moniker of Lloyds. Lloyds [...]
Gloucester Rugby warn of risk to future as losses jump 450 per cent July 1, 2026 Gloucester Rugby’s accounts warn they face a “material uncertainty” after the Prem Rugby club saw losses spiral by more than 450 per cent last year. The Gloucester Rugby Limited accounts, filed this week with Companies House, posted a loss of £2.9m for last season, up from £500,000 the year prior – an increase of 464 [...]
AI disputes are turning into deals July 1, 2026 Lawyer by day, rapper by night, Nick Eziefula has seen both sides of the coin when it comes to disputes over AI and art.
Half time: London market lags as rivals across the Atlantic hit fresh highs July 1, 2026 London’s main stock market index ended the first half of 2026 within touching distance of a record high set earlier in the year, but remained off the pace set by its rival in New York. The FTSE 100’s positive-but-relatively-limited run for the period summed up a feeling of measured optimism. While it made overall gains, [...]
Ealing stalls on Voi contract as ‘sensitive discussions’ threaten West London e-bike network July 1, 2026 Ealing Council has held back from signing a fresh e-bike agreement with operator Voi, City AM understands, stalling its upcoming operating period as backroom negotiations expose growing regulatory divide on London’s high streets. Town hall chiefs have admitted that negotiations have hit a deadlock, revealing they are mired in non-disclosure talks ahead of a looming [...]
Why I’ve fallen back in love with the iPod July 1, 2026 In a world where digital ownership is increasingly rare, Simon Hunt returned to technology from 2007 – and hasn’t looked back. Not since childhood had I been this excited to open a parcel. I tore through layers of brown sticky tape, clawed through the cardboard box and unpeeled the bubble wrap. And there it was: [...]
Hated World Cup hydration breaks here to stay for even hotter 2030 and 2034 July 1, 2026 Hydration breaks are expected to remain a feature of future World Cups despite attracting widespread criticism, City AM understands. The divisive three-minute pauses, taken midway through each half, have become one of the tournament’s hottest talking points. They have effectively turned football into a game of four quarters and head coaches have said they are [...]
Ignore the green gloomsters, climate change is a huge opportunity for Britain July 1, 2026 We do not solve a warming planet by lowering our standard of living, raising taxes and making ordinary people poorer. We solve it with engineering, enterprise, adaptation and abundance, says Albie Amankona For decades, the British national pastime has been complaining about the weather. We have endured centuries of grey, damp, drizzling misery, huddled around [...]