CBI: 200,000 more Brits to face unemployment this year as growth crumbles June 9, 2026 The UK economy is set for further pain in the months ahead, a top business group has warned, as consumers and businesses across the country suffer the effects of the Iran conflict, surging energy prices and a raft of government tax hikes. The Confederation of British Industry (CBI) has said that around 200,000 more Brits [...]
Cardo AI Launches Cash Flow Modeling Tool for Asset-Based Finance, with Live Rate Curves Powered by Bloomberg Data June 8, 2026 Cardo AI today announced a new cash flow modeling tool for asset-based finance and specialty finance, built as a modern alternative to incumbent structured-finance cash flow engines such as Intex. The tool addresses a problem that has constrained analysts for years: engines designed for public ABS deals that do not fit today’s esoteric asset classes [...]
IGI Expands Global Footprint as it Secures License to Operate in India’s Gujarat International Finance Tec-City (GIFT City) June 8, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has secured registration approval from the International Financial Services Centres Authority (IFSCA) to operate an IFSCA Insurance Office (IIO) in India’s Gujarat International Finance Tec-City (“GIFT City”), India’s first and only operational international financial services centre. IGI’s India operation is [...]
Blackstone looks to shed $2bn of stakes in private investment funds June 8, 2026 Blackstone is looking to offload over $2bn of stakes held in private investment funds, presenting a test of investors’ appetite for ageing private equity vehicles. The firm is promoting a so-called collateralised fund obligation (CFO), which will bundle more than $2bn (£1.5bn) of stakes in leveraged buyout funds into bonds to sell to investors and [...]
Reply at VivaTech 2026: Making AI, Agents and Robotics Happen Across the Enterprise June 8, 2026 Reply [EXM, STAR: REY] is taking part in VivaTech 2026, Europe’s largest innovation and technology event, held from June 17 to 20 at Paris Expo Porte de Versailles. At the event, Reply will showcase its latest innovations around AI for software engineering, AI-powered experiences, data and AI, and industrial AI. This press release features multimedia. [...]
‘Why single out banks?’: Santander chief hits out at UK tax regime June 8, 2026 The boss of Santander has branded the UK’s tax regime on banks as making “no economic sense” as speculation mounts that the industry could be turned to for a quick cash grab if the Labour government lurches to the left. Ana Botín, the chief executive of the Spanish banking giant, has said the UK tax [...]
Burnham vows to cut the price of a pint as he turns on Labour tax rises June 6, 2026 Andy Burnham has launched a major policy intervention of the Makerfield by-election campaign with a pledge to cut business rates for pubs and ease the tax burden on small businesses, marking a clear break with Keir Starmer’s government. The Greater Manchester mayor said Labour had “got it wrong” on small businesses as he unveiled plans [...]
Betfred World Cup Offer 2026: England in White at 66/1 – Bet £1, Get Up to £66 in Free Bets June 5, 2026 Betfred have put together a straightforward World Cup 2026 price boost for the opening England fixture, giving new customers the chance to back England to wear white at an enhanced 66/1. It only costs £1 to get involved, and you can claim the Betfred World Cup offer here, no complicated requirements, just a single pre-match [...]
Best Betting Sites UK – Top Online Betting Sites for Sports Betting June 5, 2026 Sports betting is easily the most popular form of online gambling. In fact, it is so popular that there are hundreds of online sportsbooks operating in the UK market, but what are the best ones? At City AM we have put together a list of the top online betting sites and the criteria we use [...]
Billionaire John Caudwell: Britain needs to stop criticising the wealthy and start celebrating success June 5, 2026 Phones4U founder John Caudwell’s new Riviera development features a £250k statue of himself. Billionares should be proud of their success, he tells Felix Armstrong “If I was trying to purely make money, I would have built student accommodation in Manchester and put another 5,000 Chinese people in there,” billionaire and philanthropist John Caudwell says as [...]