The 2026 World Cup had its flaws, yes, but it was a resounding success for Fifa July 20, 2026 In the coming days following last night’s World Cup final, Fifa will release a report on how many people watched the tournament across its five and a half weeks. Look out for the social media KPIs – impressions, engagement, video views – that major sporting bodies now have to report, but the headline number will [...]
Temporary inflation slowdown set to boost Burnham July 19, 2026 Inflation is expected to have eased last month in a welcome but temporary boost for Andy Burnham’s incoming government. The headline rate of Consumer Prices Index (CPI) inflation is tipped to have eased from 2.8 per cent in May to 2.6 per cent in June, according to some economists. The latest rate of inflation will [...]
Big Tech faces earnings test after AI spending spree July 18, 2026 Alphabet, Microsoft and Amazon will report earnings over the next two weeks as investors look for evidence that years of record spending on AI are beginning to generate stronger revenue growth. The three companies have led the AI investment boom, committing billions of dollars to data centres, chips and software. Their latest results are expected [...]
The PlayStation Portal 2026 review: Japanese innovation, hampered by UK infrastructure July 17, 2026 The PlayStation 5 may have outsold Microsoft’s Xbox Series X by a country mile, but Nintendo’s Switch has, since its release, dominated the handheld console market. Now Sony’s PlayStation Portal may finally be in with a chance to gain some ground. Released in 2023 to mixed reviews, the PlayStation Portal baffled gamers and critics upon [...]
Burnham to approve North Sea oil and gas drilling in policy blitz July 17, 2026 Incoming prime minister Andy Burnham is set to announce new drilling for oil and gas in the North Sea within days of taking office as part of a policy blitz, according to reports. Burnham’s team has asked the civil service to draw up plans to approve drilling projects at the Jackdaw gas field and Rosebank [...]
Thames Water in the dark as Burnham mulls embattled utility’s future July 17, 2026 Thames Water and the group of creditors vying to buy it have had no engagement with Andy Burnham’s team as the incoming prime minister weighs whether to take full public control of the struggling utility, City AM understands. Burnham said earlier this year that Thames Water should be nationalised and has repeatedly called for greater [...]
Mahmood called for banker bonus tax to fix youth unemployment July 17, 2026 Shabana Mahmood has previously called for a tax on banker bonuses to fix youth unemployment in a move that will renew fears the sector could be targeted for a cash grab. The front-runner to be Andy Burnham’s Chancellor was a staunch supporter of a bill set out by Labour in opposition that sought to levy [...]
Burberry revival gets a boost from China and US sales July 17, 2026 Burberry has recorded a lift in sales across all its fashion lines for the first time in three years as a resurgence in the US and China helped ease a slowdown in spending brought on by the Iran war. The London-listed fashion label posted a five per cent rise in overall revenue in the three [...]
As it happened: Stocks rise despite IEA warning of ‘critical’ oil issue July 17, 2026 Welcome back to the City AM liveblog. Oil is on track to gain around 12 per cent for the week after the continued escalation of strikes between the US and Iran. Brent crude – the international benchmark for oil – is holding steady around the $85 per barrel mark after US’ multiple strike offensives against [...]
What can the Rugby World Cup learn from US nailing of Fifa World Cup? July 17, 2026 With a United States Rugby World Cup just five years away, Ollie Phillips asks what can the sport learn from the Fifa World Cup. Sitting here in the UK looking across the Atlantic to a World Cup mainly staged in the United States, it is difficult not to get just a little bit excited about [...]