City law firm sues prominent Emirati business family Lawsuit London-headquartered law firm Charles Russell Speechlys has initiated legal action against investment entities controlled by the prominent Emirati business family Al-Sari, City AM can reveal, marking the latest development in an ongoing multi-jurisdictional dispute with its former client. The case stems from overlapping legal challenges involving entities in the Al-Sari family’s portfolio. The law firm, [...]
Labour backbencher adds to criticism of stamp duty on shares Politics A Labour backbencher with experience in the financial services sector has urged Healey to reconsider stamp duty on shares in UK trading. Callum Anderson, the Labour MP for Buckingham and Bletchley, set out a list of growth policies for Healey to prioritise at the Budget. The proposals break from some of the party’s current economic [...]
The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries Business Wire New admin-defined spend rules let businesses control how, where, and when every card is used, stopping the wrong spend before it happens instead of cleaning it up after.
Boomtown 2026 review: Surely the best party in the world August 17, 2026 Boomtown 2026 review and star rating: ★★★★★ Pirates are squaring up to one another, clenching their jaws as they prepare to strike blows. Hundreds are jeering around the ring, where the crowd have been whipped into a feverish mob. Villagers are peering from the rooftops to get a glimpse of the fight. But before long, [...]
Goldman and Intel back $5.4bn AI video startup August 17, 2026 Goldman Sachs and Intel have backed AI video maker Higgsfield in a $400m (£295m) funding round that has more than quadrupled the two-year-old company’s valuation since January. The fresh funding values the startup at $5.4bn, up from $1.3bn just eight months ago, as investors pile into companies looking to turn generative AI into products businesses [...]
Burnham’s crackdown on ‘price-gouging’ splits supermarkets August 17, 2026 Tesco and Sainsbury’s have stood firm after the boss of Aldi hit out at loyalty discounts, as a “price-gouging” row threatens to divide British supermarkets. Giles Hurley, the chief executive of the discount grocer, has backed the government’s plans to clamp down on retailers which offer “misleading” discounts which do not offer real-terms value. Aldi [...]
Exclusive: Fulham launch £900 a head Michelin-guide recognised hospitality at Craven Cottage August 17, 2026 Premier League club Fulham FC will this week announce a Michelin Guide-recognised dining experience at their Craven Cottage home, City AM can reveal. Adam Byatt-directed Constance – based at Fulham Pier under head chef Charlie Crote – will launch “Constance on Matchdays”, beginning next Monday as Alvaro Arbeloa’s Fulham begin their Premier League season against [...]
JP Morgan boss issues bank tax warning to John Healey August 17, 2026 The boss of JP Morgan has issued a bank tax warning to John Healey as the Chancellor gears up to deliver his first Budget in October. Jamie Dimon, who has led Wall Street’s biggest bank since 2006, held a call with Healey on Thursday where the bank chief emphasised “getting public policy right” as crucial [...]
US bond market jitters spark UK economy recession warning August 17, 2026 The UK economy could be plunged into a recession an “order of magnitude” greater than recent financial crises if America’s borrowing costs continue to climb over the rest of the year, a group of leading City analysts have warned. The US was forced to pay the highest interest rate on its long-dated bonds for a [...]
Aldi boss wades into supermarket ‘price-gouging’ row August 16, 2026 The boss of Aldi has waded into the bitter row over whether supermarkets are profiteering off of struggling customers as he backed a government crackdown on “rip-off” discounts. Giles Hurley, the chief executive of the discount grocer, said the government is “right” to take on misleading discounts and promotions “in their work to tackle cost [...]