London AI car firm records surge in revenue on demand for driver-tracking software August 11, 2026 Car tech firm Seeing Machines has accelerated into profitability after new European safety legislation triggered a surge in demand for its driver-tracking software. The AIM-listed group, which builds camera and AI software that tracks drivers’ eyes and heads in real time, reported a 45 per cent jump in revenue to $76.3m, up from $52.8m the [...]
Is the Audi Q9 the poshest Audi yet? August 11, 2026 Audi’s new range-topping Q9 is the biggest, plushest thing the four rings have built yet, a seven-seat, tech-crammed luxury SUV squaring up to the Range Rover. Here’s what we know before it lands on UK roads. Audi has never been shy about going big, but the new Q9 takes things to another level. Audi says [...]
Richard Branson: Support founders to build the next Virgin in Britain August 11, 2026 We must give every founder the best chance to flourish, so the future Virgins, Microsofts and Googles of the world are also built by British entrepreneurs, says Sir Richard Branson I was very flattered by Philip Salter’s suggestion that Britain needs another Richard Branson. But beyond the headline, we need to do more to champion [...]
Going on holiday as Prime Minister comes at a cost August 11, 2026 Prime Ministers too deserve a holiday, just maybe not while your party's still fighting for survival, writes Michael Martins.
Shareholder backlash pushes up low-ball London takeover bids August 11, 2026 Top shareholders of London-listed firms are pushing back on takeover bids this year amid concerns buyers are capitalising on low valuations to pick up companies on the cheap. Foreign buyers have targeted companies across the London Stock Exchange this year including FTSE 100 firms Schroders, Intertek and Beazley. Retail investment firm AJ Bell said it [...]
Five-star Mayfair hotel hit with HMRC winding-up petition August 11, 2026 A five-star Mayfair hotel has been hit with a winding-up petition by the UK tax authority, just months after the sudden departure of its managing director. The Stafford London, a 107-room luxury hotel, was served the petition by HMRC after a filing was made to the High Court, City AM can reveal. A winding-up petition [...]
Boutique London advisory firm lands £8m funding amid M&A frenzy August 11, 2026 A boutique M&A advisory firm has landed £8m in fresh funding as it seeks to capitalise on a wave of takeover activity, City AM can reveal. London-based Lava Advisory Partners, which was founded in 2020, secured the debt finance from specialist SME lender Beechbrook Capital. The B Corp-certified firm said it would use the cash [...]
Top economists shun Burnham over wealth taxes August 10, 2026 Economic heavyweights who were reported to be advising Andy Burnham have opted not to join his government due to disagreements over potential wealth taxes, it has been reported. Lord Jim O’Neill, the former Goldman Sachs executive, is in ongoing talks with Burnham over a potential role, City AM reported last week. Fresh reports have suggested [...]
Nottingham Forest owner Marinakis sues Crystal Palace for defamation August 10, 2026 Nottingham Forest owner Evangelos Marinakis is suing Crystal Palace in the High Court after fans of the south London club displayed a banner depicting him holding a gun to a player’s head. Lawyers for Marinakis lodged the claim for defamation today, almost a year after the banner appeared at a Premier League fixture between the [...]
Rosslyn Coffee boss James Hennebry tells us the secret to great coffee August 10, 2026 We’re into the final round of voting for the 2026 Toast the City Awards. We’ve been catching up with some of our finalists; today we spoke to Rosslyn Coffee co-founder James Hennebry, who has two of his City locations, Ludgate Circus and London Wall, nominated in the Best Coffee category. To vote for your favourite [...]