Burnham opens door to wealth tax July 15, 2026 Andy Burnham has refused to rule out a wealth tax as part of his economic agenda, saying the country needs a “greater sense of fairness”. In his first formal interview since being all but confirmed as the next Prime Minister, the former Manchester mayor warned that decisions on tax were “going to be difficult” and [...]
Brewdog owner shrugs off James Watt takeover bid July 15, 2026 The owner of Brewdog has insisted the company is “not for sale” after co-founder James Watt launched a dramatic takeover bid for the craft beer firm. Irwin Simon, boss of Brewdog’s US owner, Tilray, told City AM he intends to retain the pub chain and brewery just hours after Watt said he had submitted a [...]
AI minister: UK sets sights on global AI leadership, not Silicon Valley emulation July 15, 2026 AI minister Kanishka Narayan said the UK must build enough domestic AI capability to “shape our own destiny” rather than rely on overseas tech giants as the government accelerates its push to develop sovereign AI infrastructure. Narayan told City AM that AI had become “the defining currency” of geopolitical and economic power, arguing that the [...]
Jamie’s Italian is awful but don’t worry, there are some great new Mediterranean restaurants too July 15, 2026 This week I talk about two Italians, one Greek, a talented Cypriot and an irritating Englishman. Prepare to read about two restaurants you should visit (Bancone and Zylia) and one you should reserve for your worst enemies (Jamie’s Italian)… ZYLIA Covent Garden is a part of London that you only go to for a specific [...]
Finsbury lines up Games Workshop splurge using merger windfall July 15, 2026 Nick Train’s Finsbury Income and Growth fund is preparing to launch a spending spree on Games Workshop shares after pocketing a windfall from a string of acquisitions in its portfolio. The FTSE 250 investment trust – which can trace its roots back over a century – unveiled plans to use both debt and returns from [...]
Energy minister says AI must ‘bring down bills’ as data centres squeeze the grid July 15, 2026 Power-hungry data centres must help bring down bills rather than place further strain on Britain’s squeezed electricity network, the energy minister has said. Michael Shanks warned public support could drop for the rapid expansion of AI infrastructure unless households saw a clear economic benefit. “We need to deliver energy security here at home, but we [...]
Delicious Orie: The boxer who swapped sparring for spreadsheets July 15, 2026 When Delicious Orie took just four rounds to beat Milos Veletic in his professional boxing debut at the Co-op Live last April – just three years on from a Commonwealth Games gold medal in Birmingham – you’d have been forgiven for thinking a long and illustrious, 20-bout career lay ahead of him. But the 29-year-old [...]
James Watt offers to buy back Brewdog July 15, 2026 Brewdog founder James Watt has launched a bid to regain control of the craft beer firm he founded, just months after it was bought by a US rival. The Scottish entrepreneur said on Wednesday that he has submitted a formal offer to buy Brewdog from Tilray Brands, the US cannabis and craft beer firm which [...]
Pension funds pledged a private investment splurge. Three years on, has anything changed? July 15, 2026 When 11 of the UK’s largest pension providers signed a deal to pump billions into unlisted companies in July 2023, the mood at Mansion House in the City was celebratory. Then Chancellor Jeremy Hunt hailed the signing a “great personal triumph” for then Lord Mayor, Sir Nicholas Lyons. If the remainder of the UK defined [...]
The Debate: Should political donations be capped at £100,000? July 15, 2026 Britain currently has no cap on political donations. Is this freedom, or madness? We hear both sides in this week's Debate.