Lloyds taps $160bn fintech giant to boost small business tech June 9, 2026 Lloyds Bank has sealed a partnership with a $160bn (£119bn) fintech giant to ramp up its payments tech for small-business clients. The blue-chip banking giant has agreed a tie-up with Stripe that will see Lloyds leverage the fintech’s payment infrastructure to provide a suite of tools for its small-business customers. The new offering, named Lloyds Accept, [...]
LMIS wins King’s Award as global expansion drives marine insurance success June 9, 2026 London Marine Insurance Services Ltd (LMIS) has been awarded the prestigious King’s Award for Enterprise in the International Trade category, marking a significant milestone for the specialist marine insurance provider and reinforcing its position as a leading British exporter of financial services. The King’s Award, widely regarded as the highest official accolade for UK businesses, [...]
Housebuilder Bellway warns mortgage rate hikes dampening housing demand June 9, 2026 Bellway has said that recent rises to mortgage rates as a result of the Iran war are dampening demand for housing, on top of rising building cost inflation due to the conflict. The FTSE 250 housebuilder said it has seen a “moderation” in customer demand in April and May, bringing an end to a “positive” [...]
Uber and Wayve open waitlist for London robotaxis June 9, 2026 Uber has opened an interest list for customers keen to try autonomous minicabs in the capital, as self-driving taxis near a commercial launch in the UK. The ride-hailing giant is partnering with British autonomous driving firm Wayve, whose technology has been tested on London’s streets since 2018. Customers can now opt in through the Uber [...]
Starmer’s social media restrictions will mean the government can spy on every phone June 9, 2026 In practice, the government is demanding that Apple install on-device AI nudity-detection software at the operating system level for iOS and that Google do the same for Android. This would involve constantly scanning the camera viewfinder, screen output, livestream, and stored files, and blocking or blurring nudity in real time. This amounts to surveillance technology on [...]
Tate & Lyle becomes latest market stalwart to quit London June 9, 2026 Tate & Lyle on Monday became the latest City stalwart to head for the door. Felix Armstrong recounts the accelerating exodus from London’s stock market As the summer holidays beckon, stalwarts of the London Stock Exchange are packing their bags ahead of a potential departure to warmer climes. FTSE grandee Tate & Lyle became the [...]
Debt-saddled grads ‘risk earning less than minimum wage’ five years after leaving uni June 8, 2026 For nearly half of all university courses, those in the bottom quarter of the cohort end up earning less than minimum wage five years on from graduating, according to a new report on the outcomes crisis in higher education. The think tank Policy Exchange has found that rampant grade inflation and an explosion in university [...]
Where can I watch the Fifa World Cup from in London? June 8, 2026 Book your tables and pre-order those booze towers because the World Cup is here – for more than a month – and City AM has you covered. Here are the sport desk’s top nine non-traditional spots to enjoy the footie from. Brigadiers The City staple is an ideal place for those early 8pm kick-offs. Its [...]
England World Cup fans invited to ‘soccer Coachella’ with free fan fest and cheap beer June 8, 2026 The cost of attending the 2026 World Cup is already notorious, but Philadelphia believes it has the solution for budget-conscious England fans heading to the United States. The city raised $60m in private funding which, along with state and federal contributions, will subsidise what the city is billing as “a soccer Coachella” – the only [...]
Starmer: Britain must ‘not stick its head in the sand’ on AI June 8, 2026 Sir Keir Starmer has said Britain must not “stick its head in the sand” on artificial intelligence, with the technology set to fundamentally reshape the UK economy. The Prime Minister used his speech at London Tech Week to unveil a major sovereign computing push, new AI skills programmes and a vision for keeping Britain’s fastest-growing [...]