‘Relentless pressures’: More hospitality firms forced to shut even before Iran war April 17, 2026 The rate of corporate collapse in hospitality surged in February in signs the sector was struggling to stay afloat even before the Iran war brought further cost pressures. The number of accommodation and food service firms declaring insolvency jumped by 22 per cent to 270 in February, according to government data. This acceleration of the crisis [...]
In the watch world, exposed movements usurp the vintage revival April 17, 2026 A celebration of the watch brands ditching the vintage revival schtick and going mad with movements instead, by Laura McCreddie-Doak BREGUET EXPÉRIMENTALE Describing this incredibly complex watch in a mere 150 words is almost impossible, so, we’ll just stick to its foremost innovation: the magnetic escapement. In a regular mechanical watch, the mainspring provides the [...]
Celebrities in the Cotswolds: How Kim Kardashian & Ellen are changing the region April 17, 2026 The Cotswolds has exploded with tourism options for the super-wealthy. But at what cost? Adam Bloodworth investigates Talk of “The Caaatswolds” has been commonplace in Los Angeles for some time. However, Kim Kardashian’s recent visit to Estelle Manor to conduct her tryst with Lewis Hamilton gave the patch of farmland an especially big shot in [...]
European Firms Deploy GenAI in Mainframe Modernization April 17, 2026 Enterprises adopt AI-enhanced methods that align innovation and compliance, ISG Provider Lens® report says
JP Morgan poaches Monzo’s banking officer to head up Chase UK April 17, 2026 JP Morgan has poached a top executive from Monzo to head up Chase UK. The Wall Street giant has hired Kunal Malani, who has served as chief banking officer at Monzo since 2020, to lead its UK-based digital banking service. Malani has had stints at Barclays and HSBC in his retail banking career before heading [...]
Manchester City: Sheikh Mansour faces calls for ban from English football over UAE links to genocide April 17, 2026 Manchester City owner Sheikh Mansour could be barred from the Premier League if the UK government heeds calls to sanction him over alleged links to genocide in Sudan. Human rights group FairSquare has called on the government to investigate the man who has led Manchester City’s transformation into one of the world’s richest and most [...]
Next boss Simon Wolfson takes record £7.4m pay packet April 17, 2026 Next boss Simon Wolfson took home a bumper £7.4m pay packet last year, as his best-ever pay day could be beaten by next year’s £9.3m – if the firm meets growth targets. Wolfson’s total pay soared from £4.9m the year before, as he took £967k in basic pay and more than £6m in bonuses. The [...]
Billionaire Netflix co-founder Reed Hastings quits after earnings miss April 17, 2026 The billionaire co-founder and chair of Netflix has quit after the streaming giant’s weak financial outlook spooked the market. Reed Hastings, who co-founded Netflix 29 years ago, told investors he will not stand for re-election in June and will focus on philanthropy once he leaves the firm. The shock departure comes after the streaming giant [...]
£21 million to change a generation: the case for financial education now April 17, 2026 It is hard to believe that only four months have passed since I first saw that City A.M. had partnered with City Pay It Forward. In truth, it feels far longer, because the cause they champion — financial education for the next generation — is one that has mattered to me for most of my [...]
FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz April 17, 2026 Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]