Will Drastic Dave live up to his name at Diageo? August 4, 2026 Putting the finishing touches to Diageo’s annual report, Sir Dave Lewis may be channelling the old slogan of the drinks giant’s prize brand, Guinness: ‘Good things come to those who wait’. Since Lewis began his tenure as chief executive of the FTSE 100 firm on New Year’s Day, investors have heard very little from him. [...]
FTSE 100 Segro agrees to £14bn takeover by Prologis August 4, 2026 FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real estate giants and striking another blow to the London Stock Exchange. The US-based commercial landowner said on Tuesday that it has reached an agreement with Segro’s board which values the British [...]
Susannah Streeter: investors are bracing for tax rises August 4, 2026 The Notebook, where the City’s movers and shakers have their say. Today financial commentator Susannah Streeter takes the pen Usually, at this time of year we would be enjoying Médoc’s beautiful beaches, looking forward to long lunches, endless stretches of Atlantic coastline and enjoying the region’s famous wine as the sun sets. But the devastating [...]
Donald Trump is creeping towards a shrewd sanctions policy August 4, 2026 President Trump is shifting toward a more solidly pro-Ukraine position which, while welcome, will require careful calibration to mitigate potential global trade disruptions and address corporate enablers of the Russian war effort, says Derek Grossman President Trump’s warm welcome on Tuesday to Volodymyr Zelensky, his Ukrainian counterpart, shows that he is moving, fitfully, toward a [...]
West Ham: Staveley receives Sadiq Khan encouragement to buy London Stadium August 4, 2026 The door is open for West Ham United to buy their London Stadium home, with the Mayor welcoming any future discussions after Amanda Staveley said property would be part of her next football investment, City AM can reveal. The former Newcastle United co-owner has agreed a deal – subject to majority owner Daniel Kretinsky not [...]
Trump regime distances itself from Infantino as under-fire Fifa boss faces calls to quit August 3, 2026 The Trump administration has denied answering the call of Gianni Infantino as the under-fire Fifa boss scrambles to save his job. Infantino is facing a possible vote of no confidence from Fifa members following last week’s fierce backlash to his plan to sell stakes in a new subsidiary that would hold the commercial rights to [...]
London’s IPO lull expected to last into 2027 August 3, 2026 London’s IPO market is expected to remain subdued for the rest of the year, as domestic and overseas political upheaval puts companies off listing. The UK’s stock market has had minimal IPO activity this year to date, seeing just seven new listings which raised a combined £557m. This ended the IPO surge seen at the [...]
MEX Exchange, Part of MultiBank Group Strengthens Leadership Team with Key Appointment August 3, 2026 MEX Exchange, the institutional electronic trading platform of MultiBank Group, today announced the appointment of Vibhanshu Bahuguna as Senior Director, reinforcing the company’s commitment to building a world-class leadership team as it expands its global institutional business and technology capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803009139/en/ With more than 20 [...]
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 [...]