Andrew Bailey warns markets are not ready for the rise (or fall) of AI August 31, 2026 The governor of the Bank of England and chair of the Financial Stability Board, Andrew Bailey, has warned that countries are unprepared for the consequences of advanced AI and that the wider economy remains vulnerable to a dramatic market correction triggered by a potential slump in AI and tech stocks. Ahead of a G20 meeting [...]
Shein shapes up for cut-price IPO as dominance slows August 31, 2026 Shein will list in Hong Kong this week in a cut-price initial public offering following two previous failed attempts in London and New York. The Chinese retailer will begin trading in Hong Kong on Tuesday in a debut set to value the firm at around $27bn (£19.8bn), about a quarter of its highest private-market valuation. [...]
Jaguar reveals the Type 01’s screen-free interior August 31, 2026 Jaguar has revealed the interior of its new Type 01 electric GT ahead of its October debut, with a four-seat cabin, panoramic glass roof and technology designed to disappear into the car. Jaguar has revealed the interior of its new Type 01 electric GT, giving the clearest look yet at the car that will lead [...]
Treasury ‘tells Healey’ to consider tax on banks and oil August 30, 2026 Chancellor John Healey has been presented with a plan to tax oil firms and banks further as bosses in the sectors have posted huge profits, according to reports. Healey may look to tax businesses at this year’s Budget in order to rebuild a partly-eroded £22.7bn fiscal buffer, and fill spending pledges for defence and the [...]
The real scrutiny of Burnham begins now August 28, 2026 Burnham's honeymood period has been further bolstered by positive economic news. As Parliament returns, now is the time for bold moves.
Reform sidelines crypto industry at pivotal conference August 28, 2026 Reform UK is set to sideline crypto companies at its conference next week and cut the industry’s access to senior figures after backlash over Nigel Farage’s £5m gift from a bitcoin billionaire, City AM can reveal. Reform was an early champion of the digital currency and tokenisation industries, which have been a mainstay at previous [...]
Premier League Gameweek 2 Predictions: Arsenal and Chelsea March On August 27, 2026 It was an absorbing opening week of action in the Premier League with Arsenal cruising, Manchester City battling and Liverpool just about rescuing themselves. Two of the promoted teams won, including Hull’s astonishingly straightforward victory over an abject Manchester United. Matchday two kicks off on Friday night with Enzo Maresca’s City in the capital to [...]
Lexus ES 2026 review: Easygoing electric saloon goes its own way August 27, 2026 Lexus has built some superb saloon cars during its 37-year lifetime, from the original LS 400, which bested the benchmark Mercedes-Benz S-Class, to the stylish and dynamic IS 300: a worthy rival for the contemporary BMW 3 Series. Today, however, Lexus is almost exclusively an SUV company. Its UK range stretches from the compact LBX [...]
bet365 6 Scores Challenge 2026 – Win Cash Prizes or Free Bets August 27, 2026 Available to new and eligible customers at bet365, the free-to-play bet365 6 Scores Challenge sees bettors in with the chance to win exclusive prizes by predicting the scores of selected matches taking place each weekend! To find out more about the challenge and how to take part, keep reading below. City AM’s journalism is supported [...]
Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million August 27, 2026 New Credit Facility Enhances Global Financial Flexibility to Support Growth