British consultants face slowdown as corporate spending slumps July 7, 2026 The British consulting industry is set to grow by a single digit this year as the sector faces a slowdown in spending from corporate clients. According to research from the Management Consultancies Association (MCA), the primary representative body for management consulting firms in the UK, the UK consulting sector’s predicted growth for 2026 stands at [...]
Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG July 7, 2026 The Private Department of Sheikh Mohammed bin Khalid Al Nahyan (the “Private Department”) has today committed to invest $1.13bn in MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707259928/en/ In parallel with the investment, the Private [...]
Professional services firms can either embrace AI or be swept away by it July 7, 2026 Professional services firms must strategically integrate AI to remain competitive, while ensuring that core human values like trust and judgement remain at the heart of what they do, says Phil Jenkins Professional services firms are at a technological fork in the road. One route involves embracing AI and doing it well. The other, either ignoring [...]
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 [...]
All England Club slap down wealthy Indian Jindal over Wimbledon empty seat post July 6, 2026 The All England Club has slapped down a member of the billionaire Jindal family after the Indian bemoaned empty seats at Wimbledon. Parth Jindal, whose investments includes Indian Premier League cricket team Delhi Capitals, took to social media to berate the empty seats on the showcourts of Wimbledon. “Never seen so many empty seats at [...]
Billionaire Easyjet founder in line for £800m payday from takeover July 6, 2026 Easyjet founder Sir Stelios Haji-Ioannou could be in line for a bumper £800m payday as part of the airline’s proposed takeover by private equity firm Castlelake. The British-Cypriot entrepreneur, who founded the company in 1995, holds some 116m shares in the budget carrier and will net a huge payout should he decide to sell his [...]
Citi Becomes Clearing Member of London Precious Metals Clearing Limited July 6, 2026 Citi has been admitted as a clearing member of London Precious Metals Clearing Limited (LPMCL). The move marks a major expansion of Citi's precious metals business by adding Loco London settlement services, while simultaneously increasing LPMCL's network of clearing members. This collaboration expands the global precious metals market infrastructure, underscoring LPMCL's central role in the bullion market.
Media Release: Financial Worries Rise and Match Health Concerns as Cost-of-Living Pressures Mount in 2026 July 6, 2026 Globally, people are united in their top personal worries: Financial and health issues rank at the top in 2026, averaging 13 percentage points ahead of other concerns. Financial pressure is prominent across Europe, rising in France, Germany, and U.K., and emerging as a top concern in newly measured markets, Spain and Switzerland. Allianz published these results in “The Allianz 3am Report 2026,” which surveyed 10,000 people across 10 countries worldwide about what keeps them awake at night. Addressing financial concerns requires accessible, targeted financial and risk education. To support this, Allianz has launched the “Allianz School For Life” learning platform.
Northern Trust Appointed to Support Invesco’s New Index-Tracking Mutual Fund Range July 6, 2026 Supporting Invesco’s Distribution of Synthetic Replication Capabilities to European Mutual Fund Investors
UK investors turn to bonds as equities valuations continue to stretch July 6, 2026 UK investors piled into bonds in June, as soaring valuations in equity markets has left many investors looking to avoid heightened risk and stretched value. Bond funds attracted over £1bn of net inflows last month, making it third-strongest on record for fixed income funds, according to the latest data from Calastone. The streak came as [...]