As it happened: Intel, Arm shares slide; Oil climbs higher August 10, 2026 Welcome back to the City AM liveblog. Oil is starting the new week higher and making its third consecutive session for gains after optimism for a peace deal between the US and Iran stalled over the weekend and uncertainty around the Strait of Hormuz persisted. Donald Trump has said the US is “low-keying it” with Iran, [...]
Burnham is wrong. Devolution will only grow Whitehall August 10, 2026 Despite promises to streamline, the Civil Service has only grown and grown. Burnham's devolution will make it worse, says Arthur Reynolds.
Burnham to unveil new cost of living measures on UK tour August 9, 2026 Prime minister Andy Burnham will start a national tour on Monday to hear Brits’ concerns about the cost of living and unveil a series of measures to provide financial support. Burnham plans to use the national tour to tell voters about his 10-year plan for the UK, while also announcing his new policies to “give [...]
El Nino heatwaves to ‘fuel inflation next year’ August 7, 2026 The ‘Super El Nino’ triggering record temperatures across Europe could add a full percentage point to inflation next year, hampering central bank efforts to slow down price rises, a top investment bank has warned. According to an analysis by Jefferies, harsh weather unleashed by the meteorological phenomenon will pose “an inflationary threat” next year and [...]
Admiral profit slides as boss eyes push into EV insurance August 6, 2026 Admiral suffered a drop in profit as the insurance giant was weighed down by lower earned premiums in its UK car business. The group’s profit before tax fell by 18 per cent to £429.2m in the first half of the year, while turnover remained flat at £3.11bn. Milena Mondini, group chief executive, told City AM [...]
Great Britain Leads Europe’s FMCG Inflation as NIQ Launches New Inflation Barometer August 6, 2026 NIQ (NYSE: NIQ) today launches its new EU5 FMCG Inflation Barometer – a monthly tracker across five Western Europe markets – France, Great Britain, Germany, Italy and Spain – designed to help retailers, manufacturers and the media understand how inflation is evolving across Europe’s largest grocery markets and how shoppers are responding. This press release [...]
What’s on in London August August 5, 2026 August in London offers countless ways to make the most of the city. It’s a great chance to experience workshops, join in on some sport activations, discover a new cuisine, use exclusive offers, and embrace all London has to offer. This guide highlights some of this month’s top picks, suitable for all ages. Activities and [...]
IHT pension scramble shows ‘no sign of slowing down’, says Royal London boss August 5, 2026 The mass scramble among UK pension savers to avoid being pulled into the inheritance tax net shows “no sign of slowing down”, as the policy shakeup creeps closer. From April 2027, pensions will be included in the scope of inheritance tax (IHT), meaning unused funds and death benefits will count towards the value of a [...]
22 months of cuts: Jobs crisis deepens despite growth boost August 5, 2026 A jobs slump across the services sector deepened despite new data suggesting that the UK economy benefitted from a boost to growth. Researchers at S&P Global showed that employment had been cut across the private sector for the 22nd straight month. The overall purchasing managers’ index score for the UK economy, which is a leading [...]
Tour de France Femmes: World famous cycling race plunged into bra row August 4, 2026 For penis injections at the Winter Olympics, read bra padding at the Tour de France Femmes, where officials are making extra checks on riders to ensure they are not cheating by inflating the size of their chests. The move comes after unnamed teams raised suspicions that some cyclists were using padding on their chests – [...]