India’s £300m Commonwealth Games dress rehearsal for 2036 Olympics August 3, 2026 The next Commonwealth Games in Amdavad will have a budget double the size of Glasgow’s in what will be seen as a dress rehearsal for an Olympic Games in India. The largest city in Gujarat, also known as Ahmedabad, will host the next edition of the Games, which nearly went under when Durban and Victoria [...]
Reform’s Richard Tice under parliamentary investigation August 3, 2026 Reform UK deputy leader Richard Tice is facing a probe from the parliamentary standards watchdog for failing to declare an interest in a debate. Daniel Greenberg, the parliamentary standards commissioner, confirmed a probe was opened on the 28th July but did not share further details about the scope of the investigation. Tice claimed it relates [...]
3 ways AI is rewriting the rules of private equity August 3, 2026 For private equity firms looking to exit investments, the rules of M&A have changed. Successful exits now depend on three things: proving AI resilience,running smarter sale processes and taking a more pragmatic approach to valuation. Earlier this year, the sharp sell-off in software stocks, dubbed the “SaaSpocalypse”, exposed how quickly AI can reshape company valuations. [...]
Manufacturers overcome gloomy economy as output surge continues August 3, 2026 Manufacturers have overcome a gloomy economic outlook across the country as businesses boosted production to levels not seen in almost two years, new data has revealed. According to S&P Global’s monthly survey of output across manufacturers, business activity continued to increase in what was the ninth consecutive month of growth in the sector. The purchasing [...]
Historic French Luxury Leather Goods House Moreau Paris Sold to Leading Manufacturer August 3, 2026 ASTEREN announces that the Paris Commercial Court has approved the acquisition of Moreau Paris, one of France’s most prestigious luxury leather goods houses, by Cardinal Invest, owner of the French luxury manufacturer Groupe Lécuyer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803029803/en/ The transaction concludes a competitive international sale process conducted under [...]
As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks August 3, 2026 Welcome back to the City AM liveblog. The London stock market is starting the new week relatively mixed after Donald Trump hinted a deal between US and Iran on the Strait of Hormuz is near, but was contradicted by communication from Tehran. The US President has said that Saudi Arabia, the UAE, Qatar and Iran [...]
Why Albania’s Tirana could be the city break of the future August 3, 2026 “Tirana is like a cross between Mumbai and Las Vegas,” I was told by a teenage traveller a week before I arrived in Albania’s capital city. “I’ve never been to either place, but at least that’s how I imagine them to be.” I’m not sure if Tirana is really like either of those cities, but [...]
Iran war could ‘halt growth’ across UK economy August 3, 2026 The Iran war could “halt growth” in the UK economy as the success of Andy Burnham and John Healey’s economic management largely hinges on President Trump’s decision-making, a City firm has warned. Big Four consultancy EY has said that the UK economy could perform better than first expected this year as its growth forecast was [...]
Trump suspends strikes amid new peace hopes August 2, 2026 President Trump has said the “perimeters of a deal” have been agreed with Iran, prompting him to call off strikes in the Middle East. The US president said that Iran and Gulf region countries had “asked” the US to suspend strikes due to the workings of a new peace deal. In a Truth Social post, [...]
Europe’s Largest Celebration of Irish Culture Arrives in Belfast August 2, 2026 Fleadh Cheoil na hÉireann arrives in Belfast today (2 August), bringing eight days of traditional music, culture and celebration to the city, with organisers expecting up to 800,000 visitors over the course of the festival. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260729147569/en/ One of Europe’s largest cultural events, Fleadh Cheoil na [...]