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      Stamp out pension tax speculation or risk another cash grab, industry warns Healey

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  • Remembering Norman Tebbit

    July 7, 2026

    Norman Tebbit died one year ago today. He remains a mnemonic for the high days of the high days of Thatcherism, writes Eliot Wilson A year ago today, former Conservative Cabinet minister Lord Tebbit died at the age of 94. The media coverage was extensive for a man who had left office nearly 40 years [...]

  • Bitcoin Suisse Advances Middle East Expansion, Receiving Financial Services Permission in Abu Dhabi

    July 7, 2026

    Premium virtual assets pioneer BTCS (Middle East) Ltd. is now fully authorized by the Financial Services Regulatory Authority (FSRA) of ADGM, enabling regulated institutional services across the UAE.

  • As it happened: FTSE 100 rises to defy tech gloom; oil creeps up on fresh Iran tensions

    July 7, 2026

    Welcome back to the City AM liveblog. Donald Trump warned the US will “finish the job” in Iran leaving investors unnerved as he renewed military threats following the funeral of Tehran’s former Supreme Leader Ayatollah Ali Khamenei. Brent crude – the international benchmark for oil – traded above $72 per barrel on the news, but [...]

  • Burnham’s encounter with political and economic reality will be brutal when it comes

    July 7, 2026

    This is turning out to be a very strange summer indeed, and I’m not referring to the football. This week, a Prime Minister with no power will attend the NATO summit in Ankara and next week, a Chancellor with just days left in the job will tell a City crowd at the Mansion House banquet [...]

  • Businesses can’t keep waiting for political stability

    July 7, 2026

    We’ve created a hidden economy of underemployment. Thousands of highly skilled, self-employed professionals don’t appear in the unemployment figures because, technically, they have work. But many are quietly living off savings while they wait for businesses to regain the confidence to make decisions, says Aceil Haddad I was so annoyed watching the political drama unfold [...]

  • No Wales? No problem: Why I travelled to the World Cup even though my team weren’t there

    July 7, 2026

    He bought tickets to see Wales play in the World Cup before they lost their place. Can Gav Murphy find solace in California despite the lack of his beloved national team? Despite everyone and everything – we are still here!” The words of the Welsh football team’s unofficial anthem, Yma o Hyd, rang out around [...]

  • I’m 60, please don’t give me a Freedom Pass

    July 7, 2026

    Free travel for the over 60s is a perverse incentive for older people to lead more sedentary lifestyles and it’s paid for by people who need the money more, says Guto Harri I’m not in denial. I know today is a big birthday and I’m getting on a bit, but I’m happy and grateful to [...]

  • SailGP: The $100m-per-team sailing league looking to join British summer of sport

    July 7, 2026

    With SailGP back on these shores later this month, how is the league going about becoming a staple of the British summer? The British summer of sport is an extraordinary thing; Henley, Wimbledon, the Boat Race, Queen’s, Test cricket, The Open, Prem Rugby’s final, the British Grand Prix and more. But there is another sport [...]

  • How Swatch and Audemars Piguet pulled off the ultimate high-low watch collab

    July 7, 2026

    Audemars Piguet and Swatch have teamed up to create a plastic pocket watch that riffs on the Royal Oak, turning an untouchable status symbol into something playful, divisive and irresistibly collectible. Sam Kessler asks: ‘What’s going on?’ On 16 May every Swatch Store in London closed for the day as hundreds of people queued outside, [...]

  • Patent cliff fuels Novartis’ $1.5bn swoop for London biotech

    July 6, 2026

    Swiss pharmaceutical giant Novartis has agreed to buy London-based biotech Myricx Bio for up to $1.5bn (£1.1bn) as global drugmakers continue deploying billions into promising biotech firms ahead of an estimated $450bn wave of patent expiries over the next decade. The deal will see Novartis pay $1.1bn upfront, with a further $400m tied to development [...]

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