Natwest hit with £250m lawsuit tied to Thurrock Council scandal July 1, 2026 Natwest could be on the hook for more than a quarter of a billion pounds for allegedly aiding a businessman in secretly transferring funds from his investment firm. The FTSE 100 giant’s subsidiary – the Royal Bank of Scotland – has been engulfed in the collapse of Rockfire Group, which was triggered by a fraud [...]
FTSE 100 giant ABF shares slide as it braces for £60m sugar crash after Iran war July 1, 2026 FTSE 100 giant Associated British Foods has issued a major warning on the state of its sugar businesses over “the duration and severity of the Middle East conflict”. The multinational conglomerate – which spans across the food and retail industry – said it expects its sugar operation to deliver a loss of as much as [...]
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 [...]
‘Dangling perilously off a horse’: can an ordinary bloke play polo? July 1, 2026 It’s a sport associated with kings and aristocrats. But as Rivals popularises polo, can self-titled ‘normal guy’ Adam Bloodworth get into it? in City AM The Magazine, Summer edition, he saddles up with the England captain to find out With all of my body weight resting on my right foot, to my horror, I appear [...]
Britain must speed up to survive the AI era July 1, 2026 The AI era will reward the small number of countries that can adapt and build quickly enough and it will punish those that can’t, says Sam Richards “Well, in our country,” said Alice, still panting a little, “you’d generally get to somewhere else – if you ran very fast for a long time, as we’ve [...]
I’ve taken the best train trips in the world. Here are my 5 favourites July 1, 2026 From the Highlands to the Andes, Luke Abrahams explores the world’s best train trips and asks why, in an age of speed and screens, slow travel still holds a unique allure Since I was a child, I’ve loved the rhythmic sway of a train. The sedate pace, the repeating wallpaper of landscape rolling past the [...]
The Nichols N1A proves there’s still a market for cars that make no sense at all July 1, 2026 Steve Nichols, the Formula One designer behind McLaren’s legendary MP4/4, has finally put his name on a road car. The result is a £540,000 British supercar that seems determined to ignore almost every automotive trend of the past decade. The modern supercar is becoming a strangely sensible thing. Even Ferrari is building an electric car, [...]
Two Uzbekistani London debuts delayed to next year July 1, 2026 The eagerly anticipated London listings of two Uzbekistani state-owned companies have been pushed back to 2027, the country’s deputy prime minister has said, despite the successful public debut of its national investment fund earlier this year. Jamshid Kuchkarov told an event in Tashkent that planned IPOs of Uzbekistan Airways and telecom giant Uzbektelecom will no [...]
Steve Rigby: Burnham has a chance bring confidence back to British business July 1, 2026 If Andy Burnham focuses on AI, devolution and regional development, he has a chance to turn British stagnation around – and his record in Manchester is cause for cautious optimism, says Steve Rigby The transition to our seventh prime minister in a decade is now well underway. Since 1721, we have had only 58 Prime [...]
Exclusive: Reynolds never met Thames Water investors before rejecting rescue deal July 1, 2026 Environment secretary Emma Reynolds never met the investors behind a proposed Thames Water rescue package before slapping down their deal out of hand last month, City AM can reveal. Reynolds, who is the minister responsible for water policy, has left officials in her department to meet representatives of a large creditors’ group, which includes investment [...]