Retailers hit back at Healey’s ‘profiteering’ threat August 3, 2026 Retailers have hit back at the Chancellor’s warning against profiteering, saying they will prove they have fought hard to keep food prices down during the Iran war. Chancellor John Healey said at the weekend that the Treasury is prepared to crack down on any retailers which are taking Brits “for a ride” by using the [...]
Global advisory giant Brunswick explores capital raise August 3, 2026 City PR and advisory heavyweight Brunswick is reportedly weighing up a fresh cash injection via a sale of a stake in the firm, setting the stage for a punchy windfall for its top executives. Five years after securing a £500m valuation following the sale of a 10.7 per cent stake to US private bank BDT [...]
Boozy lunches still on the menu: Law firms bankroll juniors to schmooze clients in the City July 31, 2026 The long lunch, a cornerstone for corporate workers wooing clients in the City, has been considered to be on the decline with the rise of hybrid working, stretched budgets, and a new cohort of young professionals opting for alcohol-free options. But at law firms, this tradition is not off the menu; instead, it is being [...]
The GCC’s AI strategy: Inside the region’s $150bn race July 31, 2026 Understanding the GCC’s AI strategy is essential for unlocking opportunities from the UK-GCC Free Trade Agreement and the region’s $150bn AI push. AI is a powerful accelerant for solving complex challenges. The GCC’s AI strategy calls for heavy investment in digital infrastructure, and the UK-GCC FTA is creating new opportunities to capitalize on it. What’s [...]
Paycaptain founder: what The Savoy taught me about fintech July 31, 2026 Square Mile and Me: We dig into the memory bank of the City’s great and good. Today, Simon Bocca, founder and managing director at Paycaptain, on going from an apprentice at The Savoy to a fintech founder What was your first job? I started working at the Red Lion Hotel in 1987 during the school [...]
CoStar Data Shows London Dominates UK Office Development as Regional Pipeline Hits 20-Year Low July 31, 2026 Office construction in UK regions has fallen to its lowest level in at least 20 years, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260731928780/en/ Preliminary data for Q2 2026 shows annual [...]
As it happened: Stocks reach new record as investors shrug off Iran war fears July 31, 2026 Welcome back to the City AM liveblog. It’s Friday morning and the FTSE 100 has opened into the green, following two consecutive days of record gains for the blue-chip index. London’s blue-chip index was up as high as 0.7 per cent in early trading to 10,971.88p, “The FTSE 100 tested new record highs on Friday morning as [...]
Fifa want to sell the family silver but should World Rugby do the same? July 31, 2026 Selling stakes in commercial entities is like selling the family silver. So should World Rugby copy Fifa? Selling stakes in commercial entities – much like Fifa announced it wanted to do with the World Cup – is like selling the family silver. Global tournaments are pillars of sports with revenues and reach that soar during [...]
Prothena to Report Second Quarter 2026 Financial Results on August 6 July 30, 2026 Prothena Corporation plc (NASDAQ:PRTA), a late-stage clinical biotechnology company with a robust pipeline of investigational therapeutics built on protein dysregulation expertise, today announced that it will report its second quarter and first six months of 2026 financial results on Thursday, August 6, 2026, after the close of the U.S. financial markets. Consistent with past practice, [...]
Kingswood Capital Management Raises $4 Billion Across Two Oversubscribed Middle-Market Funds July 30, 2026 The firm’s fourth institutional fundraise more than doubles its assets under management, reaching over $7 billion