Manchester United debt pile may force owners to fund new stadium June 24, 2026 Doubts have emerged over Manchester United’s capacity to fund their £2bn-plus new stadium unless the owners inject cash. The club announced on Monday that they had secured the land required to build the 100,000-seater venue – dubbed a “Wembley of the North” – from Indurent, which lets industrial units. The 25-acre site is only 350m [...]
Tax the robots to fix our jobs crisis June 24, 2026 Starmer leaves parliament with a jobs crisis in his wake. I urge his successor to tax tech rather than humans, writes James Reed.
London fund manager Redwheel taps bankers for £150m sale June 24, 2026 London-based fund manager Redwheel has called in bankers to run a potential sale process which could value the company at more than £150m, City AM can reveal. Redwheel, which manages around $22bn for clients across four equity and bond strategies, has recently begun working with London-based advisers at BNP Paribas to review its options after [...]
City law firm Shoosmiths launches Microsoft-led AI tool for junior lawyers June 24, 2026 City law firm Shoosmiths has launched a generative AI tool built with tech giant Microsoft to assist junior lawyers firm-wide in reviewing contracts. The firm said the tool is trained on insight from lawyers at Shoosmiths, including from its M&A practice, and follows a year-long pilot and building programme with Microsoft to enable junior lawyers [...]
Badenoch sets sights on battle with the Bank June 24, 2026 The City is in the mood for a regulatory bonfire and Kemi Badenoch hopes to be the one to light the flame. In this week’s column, Samuel Norman looks at the roadblocks she may face on her pursuit. “Don’t forget about Andrew Bailey.” That was the parting shot I got from a former Bank of [...]
JD Sports becomes latest blue-chip to trade on New York market June 24, 2026 JD Sports has become the latest blue-chip firm to trade its shares onto a New York market in an attempt to boost its appeal to American investors without having to shift its listing to the US. On Wednesday, the retail giant will begin trading on OTC Markets’ over-the-counter market in America, City AM can reveal, [...]
NIKE, Inc. Announces Planned CFO Transition June 23, 2026 David M. Denton named incoming Chief Financial Officer
Ticket reseller StubHub UK fined nearly £1m for hiding fees June 23, 2026 Ticket reseller StubHub UK has been ordered by the watchdog to cough up nearly £1m for hiding mandatory extra fees from customers. One of the UK’s largest ticket marketplaces has been fined £900,000 by the regulator for failing to display the total price upfront to fans purchasing tickets. The Competition and Markets Authority (CMA) found [...]
‘Dispiriting’: Ministers speed up crackdown on Shein and Temu – by just six months June 23, 2026 Retailers have criticised the government for failing to move fast enough on closing a tax loophole that they say favours fast-fashion importers like Shein and Temu. High street businesses had been urging the government to bring forward its planned end to the “de minimis” regime, which exempts imports worth less than £135 from paying tax. [...]
True Expands Financial Services Footprint with Jeremy Zeman as Head of Consumer & Commercial Banking June 23, 2026 True, the premier global executive talent platform powered by data, AI, and deep sector expertise, announced the appointment of Chicago-based industry veteran Jeremy Zeman as Managing Director and Head of the newly launched Consumer and Commercial Banking Practice. The launch marks a significant expansion of True’s financial services capabilities, one the firm has been building [...]