Exclusive: Sydney Opera House and Gherkin designer Arup loses finance chief August 5, 2026 The design company behind the Sydney Opera House and Gherkin has been left without a finance chief after the former executive in the role quietly left the business, City AM has learned. Robert Boardman, who spent nearly seven years as chief financial officer at the blue-chip engineering, design, and professional services consultancy, resigned as a [...]
Exclusive: Arsenal target Vinicius Jr future at Real Madrid to be decided this week August 5, 2026 Vinicius Jr’s future at Real Madrid will be decided this week amid interest from Arsenal in a blockbuster move, City AM understands. The Brazilian left winger is under contract with Los Blancos until 2027 but negotiations in Spain have stalled having begun over a year ago, opening the door for an audacious attempt by the [...]
Want to be as rich as retirees? Buy shares in them August 5, 2026 Firms selling to British retirees have rocketed in value this year – Simon Hunt asks why. The Nasdaq 100 is up around 14 per cent since the start of the year, at the time of writing, while the FTSE 350 is up 9 per cent. But one stock portfolio is doing better than both. I [...]
Vodafone pushes into legal tech market to co-develop AI platform August 5, 2026 Vodafone has partnered with an AI startup to co-develop a legal tech tool, challenging market heavyweights Harvey and Legora. The telecoms giant has teamed up with Aavalynx to co-develop an AI-driven litigation platform that helps manage and track legal disputes and forecast financial costs tied to these. The AI company told City AM the joint [...]
Peak chicken? Domino’s hatches plan to swoop into fried chicken market August 5, 2026 Months after parting ways with the chief executive whose bet on chicken caused a flutter, Domino’s Pizza has led a charge back into the henhouse. Andrew Rennie, the pizza delivery giant’s former boss, caused a flap last November when he defended a novel expansion into fried chicken by declaring that British consumers were nearing so-called [...]
Watch out, Burnham August 5, 2026 Looking for an insight into the kind of person Andy Burnham really is? You could do a lot worse than checking his wrist, says Andy Blackmore. If you think it’s been a long time since we had a hip PM, think no longer, for the new inhabitant of No10 wears his credentials on his wrist. [...]
Net zero and DEI targets cut from procurement rules as firms pressed to raise pay and hire NEETs August 5, 2026 Net zero, modern slavery and equality rules are set to be stripped from procurement rules as Andy Burnham’s premiership looks to force firms to prioritise job creation. Several major tenders for government contracts feature a list of “conditions of participation” that require firms to report on net zero, diversity, ESG –environmental, social, and governance for [...]
Nscale doubles London office space as UK staff grows sixfold August 5, 2026 Nscale has doubled its London office space as the AI hyperscaler cements its presence in the capital, City AM can reveal. The tech startup, which develops data centres for AI firms and is reportedly eyeing a $25bn valuation in an upcoming IPO, has leased out an extra floor in the Mayfair building that houses its [...]
Royal London hits assets record amid pension push August 5, 2026 Royal London recorded a new record high for assets under management, as the group was buoyed by resilient market activity and an influx of pension wealth. Assets under management (AUM) climbed to £212bn, up from £199bn at the end of the last financial year, driven by positive market movements and investors taking the “Iran war [...]
Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation August 5, 2026 The billionaire founder of Revolut is set to see his wealth balloon following reports of a pay package that would land him a major stock windfall if the fintech reaches a $500bn valuation. The digital bank, which is currently undergoing a secondary share sale seeking to value the firm at $115bn, is in discussions to [...]