Tiktok pledges three-stage age checks as it pilots alcohol sales July 22, 2026 Tiktok will strictly enforce age checks to block under-18s from buying or even viewing alcohol on Tiktok Shop, City AM understands, as it expands into one of retail’s most tightly regulated categories. The social media giant said its ecommerce platform is strictly for adults and that alcohol sales are being piloted only with a small [...]
‘False dawn’: June inflation falls to 2.6 per cent but analysts say rises ahead July 22, 2026 Inflation remained stuck above the Bank of England’s target rate despite government promises to tackle the cost of living. The Office for National Statistics said consumer price index (CPI) inflation was 2.6 per cent in the year to June. Analysts predicted the price growth reading to be 2.7 per cent, lower than the 2.8 per [...]
A pragmatic plan for Thames Water July 22, 2026 Public ownership of utilities is a long-held aspiration for Labour’s soft-left, but economic reality dictates it cannot be achieved without derailing the rest of Burnham’s prime ministerial agenda, says Mark Field Andy Burnham’s first priority as Prime Minister must be to stamp his authority over the role – something that’s proved impossible for his five [...]
Manchester was Burnham’s rehearsal – now get ready to pay the bill July 22, 2026 Burnham has asked to be judged on Manchester – where his record is more spending, more borrowing and higher taxes, says Gareth Davies Andy Burnham walks into Downing Street with a simple pitch: judge me on Manchester. I am happy to take him up on it. Start with tax. In 2018, Mr Burnham created a [...]
‘We are going to run out’: Mitie marks eleventh mega takeover of 2026 July 22, 2026 Mitie’s takeover by rival facilities management group OCS marks the London Stock Exchange’s eleventh £1bn takeover so far this year, as the market continues to serve as a hunting ground for private buyers. OCS agreed to pay 218.5p per share and a final dividend of up to 3.1p. The offer price comes at a 44.7 [...]
Housebuilders urge Rayner to ‘hit the ground running’ and rip up planning red tape July 22, 2026 Housebuilders have called on Angela Rayner to “hit the ground running” and rip up planning red tape after her surprise comeback as housing secretary. Rayner resigned as housing secretary in September over an investigation into her tax affairs but was cleared of wrongdoing in March this year. Leading housebuilding figures told City AM they welcomed [...]
Footprint Expands Into PE-Free Cups, Bringing a Proven, Recyclable and Home-Compostable Alternative to Plastic-Lined Paper Cups Into Production July 21, 2026 Move strengthens Footprint’s European manufacturing platform and supports growing demand for practical alternatives to single-use plastic
Will Ibai take home a Toast the City Award? July 21, 2026 The Finalists have been announced for our second annual Toast the City Awards and we’re thrilled to highlight some of the runners and riders over the coming weeks. Today we’re celebrating the amazing steak restaurant Ibai, which is one of 12 Finalists in the Best Restaurant category. Here’s what our food critic – and Toast [...]
True Launches Data-Powered Real Estate & PropTech Practice to Help Clients Win Leadership Talent July 21, 2026 True, the premier global executive talent platform powered by data, AI, and deep sector expertise, announced today the launch of its Real Estate & PropTech Practice, bringing together years of work across the full property ecosystem. The practice is led by Grant Beighley, Partner at True, based in the firm’s New York office, and sits [...]
Wasabi and Megaport Partner to Advance the Next Generation of AI and Cloud Infrastructure July 21, 2026 Wasabi powers the cloud object storage layer of Megaport Storage as the companies advance a shared vision for AI ready neocloud infrastructure and modern data platforms.