As it happened: Stocks tumble after Apple rattles global markets; UK food exports hit by US tariffs June 26, 2026 Welcome back to the City AM liveblog. Markets are digesting fresh inflationary fears driven by Apple’s price hike as well as renewed threats over the safety of the Strait of Hormuz this morning after a projectile struck a vessel off the coast of Oman. Asian equity markets took a tumble overnight as price increases announced [...]
Ikoyi founder Jeremy Chan: ‘Eating my own food is forbidden’ June 26, 2026 Jeremy Chan is a singular guy. Upon arrival for the only sitting at Ikoyi, he greets each guest at the door, ushering them into a space that feels less a dining room than a glimpse into his subconscious. Quiet and intense, he thinks about food in a way I’ve never heard expressed before. Eating his [...]
KSI on buying a football club, the manosphere and quitting alcohol June 25, 2026 KSI is pumped. We’re midway through a photoshoot at Dagenham & Redbridge football club and he’s standing in the centre circle, fists balled, roaring in mock ecstasy. This slightly shabby stadium is an incongruous place to meet one of the UK’s most successful content creators; the walk from the station takes you through one of [...]
Ryanair blasts ‘misguided’ watchdog over family seating probe June 25, 2026 Ryanair has slammed the “misguided” competition regulator over a probe into its family seating rules, claiming the watchdog has turned a “blind eye” to more serious issues. Michael O’Leary, the boss of the budget airline, claimed that the Competition and Markets Authority (CMA) has forced it to “reluctantly” make a rule change which will make [...]
Steel tariffs watered down after industry backlash June 25, 2026 Government ministers have watered down the looming steel tariffs after manufacturers warned that the measures intended to safeguard Britain’s steelmakers would cause “immediate hardship” on downstream businesses. In a written statement to parliament, trade minister Chris Bryant confirmed the government would now slash the tariff-free steel import quota by 51 per cent, as opposed to [...]
Wealth advisory firm set for £240m sale as bidders circle June 25, 2026 Wealth advisory firm Equiom is set for a potential £240m sale in what would be the latest in a wave of dealmaking across the sector, City AM can reveal. The Isle of Man headquartered firm, which counts family offices and high net worth individuals among its client base, is currently running a sale process and [...]
City law firm lands record £36bn BHP case June 25, 2026 City-based law firm Quinn Emmanuel has been appointed to lead litigation on a £36bn claim against BHP, one of the largest class action claims in UK history. Another London-based law firm, Pogust Goodhead, is leading the claim against the mining giant over a 2015 collapse of a dam in Brazil, and said on Wednesday it [...]
Premier League clubs warned crypto deals could be worthless in a year June 25, 2026 Premier League football clubs have been warned that long-term sponsorship deals with crypto firms could be rendered worthless in a year’s time. It comes after the Financial Conduct Authority took the unusual step of writing to teams about the issue this month and as the watchdog rolls out plans for tighter scrutiny of the sector. [...]
Meet the woman who won $500,000 playing Candy Crush June 25, 2026 Candy Crush is a garish game that can make winners incredibly rich. Anna Moloney attends the world finals and meets the new champion.
Barclays and Lloyds join banking sector plan for digital ID June 25, 2026 Barclays and Lloyds are among a group of top UK lenders working on a plan that would see customers able to use digital identification tools in their banking app. The collective of banks – which also includes HSBC, Nationwide, Natwest and Santander – are working with industry body UK Finance on a process where users’ [...]