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  • Italy Pirlo hire off after Russian betting firm links revealed

    Sport Business

    Italy’s plans to name Andrea Pirlo manager of their national football team have been scrapped after his links with a Russian betting firm were criticised by politicians. Pirlo, the 47-year-old manager of Dubai United, has been a global ambassador for Fonbet since October and was all but confirmed for the Italy job despite no official [...]

    Andrea Pirlo, former Italian footballer, waving to the crowd in a brown tweed coat.
  • Defence drilling firm tools up for London IPO

    Markets

    Aerospace drilling company Tek4 is gearing up for an initial public offering in London, City AM can reveal, in a boost to the London Stock Exchange as it looks to tempt more defence firms to market. The Leicestershire-based company, which counts Rolls-Royce and GE among its customers, is looking to raise £20m through a listing [...]

    UK investment allocation is at risk of being overtaken by Europe.
  • ‘Extremely dangerous’: AI warfare much bigger threat than LLM model advances, experts warn

    AI

    The growing use of AI in warfare poses a much bigger threat to the future of the UK than the latest advances in frontier AI models, experts have told City AM. Nicholas Fairfax and Max Rangeley, co-editors of The Artificial Intelligence Revolution, said the ability of small actors to use AI to develop immensely powerful [...]

    Swarm of AI-powered drones flying over a city skyline, symbolizing modern warfare and autonomous technology.
  • ‘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 [...]

  • Four charts revealing scale of Andy Burnham’s economic challenge

    July 21, 2026

    Andy Burnham has harboured ambitions to be Prime Minister for over a decade. But the economy he is inheriting will take the shine off his lofty hopes – just look at these four charts. As he stepped out onto Downing Street for the first time as Prime Minster, Andy Burnham allowed himself to break out [...]

  • Stop recycling Angela Rayner and reform planning instead

    July 21, 2026

    Angela Rayner is back as housing minister but still nothing substantial has changed in housing policy, says Duncan Kreeger Angela Rayner has returned to the housing brief.  Fine, I suppose – she’s paid her stamp duty bill now at least.   But if Andy Burnham wants us to have hope that the country might actually build [...]

  • 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 [...]

  • Which shadowy MoD figures are blocking London’s secret new town?

    July 14, 2026

    Could creating a new town on a west London airfield be a welcome revelation for the new PM? If, that is, he can face down a shadowy opposition.

  • Rolls-Royce shares rise as Burnham pledges investment in British defence

    July 9, 2026

    Shares in London-listed defence firms including Rolls-Royce and Babcock rose on Thursday morning after Prime Minister-to-be Andy Burnham pledged to drive investment into Britain’s defence industry. The Makerfield MP said strengthening Britain’s defence will be his “first priority” if he enters Number 10 – as he is expected to later this month – but insisted [...]

  • Investor visa proposed by Labour-aligned think tank

    July 9, 2026

    Investor visas should be offered to 100 applicants each year, who would offer £3m in an upfront cash injection in return for residency rights in the UK, a think tank favoured by Labour has said.  The Institute for Public Policy Research (IPPR), which has had a number of policy recommendations adopted by Labour, said the [...]

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