Quilter toasts record inflows as financial advice push pays off August 6, 2026 Quilter has posted record net inflows as the wealth management firm toasts the success of capturing customers seeking financial advice. Total assets under administration and management (AUMA) jumped 25 per cent to £157.4bn in the first half of the year. The hike was driven by a 32 per cent increase in core net inflows to [...]
Manchester billionaire tables £583m offer for property developer Harworth August 6, 2026 Billionaire-owned Peel Group has tabled a £583m offer for Harworth as the property developer is poised to become the latest firm to exit the London Stock Exchange. The offer of 172.5p per share represents a premium of 20.1 per cent compared to Harworth’s closing share price yesterday and a 36.9 per cent premium above the [...]
WPP slashes jobs as revenue continues to fall August 6, 2026 Embattled advertiser WPP slashed jobs in the first half of the year as its revenue continued to fall. The London-listed media group cut another 1,267 employees in the first half, around 1.3 per cent of its total staffing. Across the 12 months to June, WPP has now slashed its total workforce by 6.4 per cent [...]
Fifa crisis: Is it possible to defend Infantino’s World Cup sell-off plan? August 6, 2026 Crafting a defence of Infantino isn’t easy, but it is possible to assemble both a behavioural excuse and a commercial justification for the Fifa president’s plan to sell stakes in the World Cup. One newspaper evocatively likened Gianni Infantino to Icarus at the weekend after his proposal to sell stakes in the World Cup melted [...]
As it happened: Stocks fall into red as oil fluctuates over Middle East developments August 6, 2026 Welcome back to the City AM liveblog. Oil prices have fluctuated around the $80 mark over the last 24 hours following mixed developments coming out of the Middle East. Brent crude – the international benchmark for oil prices – was heading towards $79 per barrel on Thursday morning, holding up a near 10 per cent [...]
Is it ever ok to wear shorts to the office? August 6, 2026 During a long, hot summer in the capital, an age- old debate has reared its head: should men ever wear shorts to the office? James Ford explains why it is never, ever ok. No. It isn’t. Not even in a heatwave. End of. Full stop. At the risk of incurring my editor’s ire, I’m tempted [...]
In Jason Arday, Cambridge is discovering the dangers of DEI August 6, 2026 The row over Jason Arday, Cambridge’s “youngest black professor”, raises serious questions about the corrosive role Diversity, Equality & Inclusion (DEI) has come to play in institutions, businesses and society at large, says Ike Ijeh Plagiarism is older than Ancient Greece but, unlike imitation, it is the least sincere form of flattery. However, until the [...]
Mark Kleinman: English football’s New Deal heads into injury time August 6, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column New season, new deal? As England football supporters dust themselves down from the disappointment of yet another latter stages defeat on the international stage, their attention switches back to the domestic game. The most important early season [...]
Starling plans to ‘come out swinging’ in diversification bid August 6, 2026 Bernadette Smith has a spring in her step as she sits down in Starling’s headquarters to discuss her new role. The fintech’s new banking boss is buzzing with energy that she wants to pass onto customers and investors. “I want everyone to be talking about us,” she says, envisaging how she will measure success in [...]
Tritax Big Box taps investors for £350m London data centre splurge August 5, 2026 Listed real estate investor Tritax Big Box has revealed plans to raise £350m through a new share issue to pump into the construction of London data centres. The FTSE 100 company told investors it had nearly doubled its pipeline of grid connection agreements to 507 megawatts and would use the fresh funding to “unlock the [...]