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      Burnham and Rayner to hand Mayors new powers to tax tourists

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  • Beyond the Tour de France: How Girona became a cyclist’s paradise

    July 23, 2026

    Girona quietly welcomes the world’s best cyclists – and the Tour de France. Damien Gabet rides through Spain’s bucolic countryside D’you remember the Festina scandal in 1998? The whole cycling team was caught bang to rights for doping. And because parts of it fell under French criminal law, les flics got involved and the soigneur [...]

  • Nearly 1m people to pay higher tax ‘by stealth’

    July 22, 2026

    Nearly one million people are being dragged into higher tax bands as the government’s “stealth” freezes take effect, according to new analysis.  Data crunched by the Taxpayers’ Alliance has shown that fiscal drag – where freezes on tax bands mean workers are forced to pay more into HMRC as wages grow – will impact 1m [...]

  • Easyjet shares crash on fears of EU probe

    July 22, 2026

    Shares in Easyjet plummeted on Wednesday after reports the European Union was preparing a probe into the ownership of airlines, potentially complicating the carrier’s mooted takeover by Apollo. The London-listed budget airline said this month it was likely to accept an all-cash offer from the US investment behemoth, trumping an earlier bid from another US [...]

  • Morningstar Launches US Capital Allocation Leaders Index, Providing Exposure to Companies with Exemplary Capital Allocation Practices

    July 22, 2026

    Global X to use Morningstar’s research-driven index in new Capital Allocation Leaders ETF

  • Oil prices return to crisis levels

    July 22, 2026

    Oil prices have returned to levels not seen since the beginning of June, after both the US and Iran warned that hopes of a return to peace negotiations were premature. The spot price of Brent crude broke $95 a barrel on Wednesday morning for the first time since the warring parties agreed a 60-day ceasefire [...]

  • AI reduces founders’ need for capital, says Revolut Business

    July 22, 2026

    AI is reducing the amount of capital startups need to build global businesses, shifting the battle for founders away from funding and towards which countries offer the best environment to scale, according to the head of Revolut Business. Speaking to City AM, James Gibson said AI had dramatically lowered the cost of building and operating [...]

  • London Broncos: Automatic Super League promotion not off table

    July 22, 2026

    London Broncos have insisted automatic promotion to the Super League remains on the table. Reports had suggested that the club – which would become the only English Super League team south of Warrington – would not be automatically admitted into the top flight of rugby league and would be forced to, like everyone else, rely [...]

  • Ryder Cup adds financial services firm to global sponsorship roster

    July 22, 2026

    The Ryder Cup has beefed up its partner portfolio ahead of next year’s event, signing a deal with an Irish-founded financial services firm. Stripe has become a worldwide partner for the next two editions of the intercontinental golf competition – held at Ireland’s Adare Manor in 2027 and Minnesota’s Hazeltine in 2029 – in a [...]

  • Joby and Virgin Atlantic Finalize Deal to Bring Electric Air Taxi Service to the UK

    July 22, 2026

    Joby and Virgin Atlantic sign multi-year agreement that builds on Joby’s existing exclusivity arrangement with Delta Air Lines London Heathrow and Manchester Airport expected to be among the primary UK connection points, with a plan to extend service across the UK over time Virgin Atlantic to integrate Joby’s UK services into its booking channels and support Joby’s rollout through its customer base and airport relationships

  • Lucy Rigby back as City minister

    July 22, 2026

    Lucy Rigby has been demoted to City minister after a stint as the chief secretary to the Treasury. Rigby, who previously served in the role under Keir Starmer, was moved from her cabinet role by Burnham and will now return to the dual brief of economic secretary to the Treasury and City minister.  The former [...]

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