Capgemini MD: London must keep reinventing itself August 13, 2026 Each week, we dig into the memory bank of the City's great and good. Today, Capgemini UK MD Rob Walker takes us through his career in tech.
War and tax: How the UK economy could get knocked off course August 13, 2026 Labour ministers may have some reason to be cheerful about the UK economy’s performance. Torsten Bell, the pensions minister who has long desired top jobs in the Treasury, lambasted “gloomsters” shortly after official data revealed growth in the second quarter of the year was 0.4 per cent. Even Rachel Reeves, who has remained largely silent [...]
Not enough bums in Brum: Why so many empty seats at European Athletics Championships? August 13, 2026 Britain loves sport yet ticket sales for the European Athletics Championships in Birmingham have been slow. Ed Warner wonders why. British sport has a capacity problem or a bandwidth one, depending on which way you want to look at it. Too many seats in too many venues with too few bums to fill them. Or [...]
The Works braces for boardroom battle as activist investor pushes for more control August 13, 2026 Discount retailer The Works has been engulfed in a boardroom drama as a notorious activist investor pushes to install a retired private equity partner as a director. The retailer, which sells toys and arts and crafts, warned on Thursday that the attempted coup could “create unnecessary distraction [and] risk derailing” the board’s growth strategy. Kelso, [...]
Citi Investor Services Wins US$380 Billion Middle Office Mandate from Aegon Asset Management August 13, 2026 As Citi realizes opportunities with asset managers globally, the mandate underscores Citi’s ambitions to scale growth on Aladdin Highlights: Citi Investor Services has won a US$380 billion mandate from Aegon Asset Management, expanding a 20-year relationship and underscoring its strategy to realize opportunities with asset managers globally Citi has extended the breadth of its middle office offering to include full Investment Book of Record (IBOR) services, trade management and settlement and performance measurement via Aladdin Accounting services To support these enhanced capabilities, Aegon Asset Management's operations employees based in Budapest, Hungary have transferred to the Citi Solutions Centre in Budapest, bringing valuable expertise and continuing to grow their careers within Investor Services
Disney+ snaps up Gary Neville’s The Overlap and new Wayne Rooney hosted show August 13, 2026 Gary Neville’s The Overlap media empire has struck a deal to stream his Stick To Football and a new show co-hosted by Wayne Rooney and Mark Goldbridge on Disney+. The agreement will see Disney+ carry 40 episodes of Stick To Football – the popular football discussion hosted by Neville alongside fellow ex-pros Jamie Carragher, Jill [...]
Strzala Architects and Corgan to Support Major Capital Investment Programmes for UK’s Manchester Airports Group August 13, 2026 Manchester-based Strzala Architects, with global architecture and design firm Corgan as subconsultant, has been appointed to a consultancy framework established by Manchester Airports Group (MAG) to support capital investment programmes across its airports over the next five years. Strzala Architects has secured a position on the framework under Lot 7: RIBA Stages 1+2 Architecture, partnering [...]
Revolut takes flight with launch of new airport lounges August 13, 2026 Revolut is planning to build up its physical presence in Europe with the launch of its own airport lounges. The digital banking giant has said from next year it will begin rolling out premium lounges across its priority markets. The London-based group has picked Copenhagen Airport for the 2027 debut, which Hadi Nasrallah, director of [...]
As it happened: FTSE 100 drops as Antofagasta prompts miner sell-off; oil prices cool August 13, 2026 Welcome back to City AM liveblog. The FTSE 100 dropped on Thursday morning, as the mining sector dragged on the blue-chip index. Antofagasta has fallen furthest, by nearly five per cent, after investors pounced on a production shortfall and cut to full-year guidance disclosed in its update this morning. This spook has weighed on the [...]
Devolution should mean regions competing for investment August 13, 2026 The next phase of devolution should focus less on how funding is distributed and more on how growth is rewarded, says Gus Wiseman For more than 30 years, governments have tried to rebalance England’s economy by directing funding towards regions outside London and the South East. Many of those programmes have delivered worthwhile projects, but [...]