House prices slump as Iran war and interest rates hit demand Property House prices slumped in July after the Iran war and higher interest rates squeezed demand and triggered a slowdown in sales. Annual house price growth slowed to 1.8 last month, down from 2.2 per cent the prior month. Month on month, average house prices remained broadly flat, rising by just £58 to reach £277,542, up [...]
City law firms considering corporate-style models amid capital crunch Law Artificial intelligence investment may force top City firms to abandon the traditional limited liability partnership (LLP) mindset and behave like capital‑hungry corporates, a top legal finance firm has predicted. Speaking to City AM, Burford Capital’s chief operating officer, Travis Lenkner, and vice president, Patrick Savage, said City law firms that would never traditionally sell a controlling [...]
Layoffs and an executive exit: What’s going on at London’s first listed law firm? Markets Gateley, the City’s first listed law firm, is set to lose its chief executive and axe dozens of jobs as it grapples with a swelling cost base and fears of a slowdown in client spending. The group, which is listed on the London Stock Exchange’s Alternative Investment Market (AIM), informed shareholders on Tuesday that chief [...]
Did this World Cup have too much of Sir David Beckham? July 18, 2026 Graham McKenna assesses whether David Beckham proves this World Cup had too much celebrity As the curtain starts to fall on another World Cup, a lot of conversation around this year’s tournament hasn’t been about the football itself, but the business surrounding it. The introduction of mandatory hydration breaks sparked plenty of debate, with many [...]
SailGP, rugby and PJL: Inside the new £50m budget sporting asset class July 14, 2026 With big money tickets ever harder to find, investors are looking far and wide for their next affordable investment. Big-money takeovers will always catch the eye; whether that be the multi-billion-pound purchase of Chelsea by a Todd Boehly-fronted consortium from Roman Abramovich, the £1.3bn takeover of Indian Premier League team Royal Challengers Bengaluru by a [...]
Liverpool upheaval as key figure leaves after multi-club expansion fails July 10, 2026 Liverpool’s ownership is set for a boardroom exodus with Fenway Sports Group’s chief of football heading for the door. Michael Edwards, who joined the club for a second time in 2024, will leave a year before his contract expires, having already served his notice period. It could mark a key domino in a series of [...]
UMA Unveils Its Vision for the Next Generation of Humanoid Robots July 7, 2026 At Machina Summit, UMA unveils the design of its first humanoid robot and introduces Real-Time Learning, a new AI architecture that enables robots to learn new skills through demonstration rather than programming.
Gloucester Rugby warn of risk to future as losses jump 450 per cent July 1, 2026 Gloucester Rugby’s accounts warn they face a “material uncertainty” after the Prem Rugby club saw losses spiral by more than 450 per cent last year. The Gloucester Rugby Limited accounts, filed this week with Companies House, posted a loss of £2.9m for last season, up from £500,000 the year prior – an increase of 464 [...]
House prices stay flat in June as Iran war fallout continues to weaken the market July 1, 2026 UK house prices were flat in June as the conflict in the Middle East and looming political uncertainty continue to subdue consumer confidence. The average price fell £540 in June, hitting £277,484. This was a slight drop from £278,024 the prior month where prices fell 0.6 per cent, according to the latest Nationwide house price [...]
‘Dangling perilously off a horse’: can an ordinary bloke play polo? July 1, 2026 It’s a sport associated with kings and aristocrats. But as Rivals popularises polo, can self-titled ‘normal guy’ Adam Bloodworth get into it? in City AM The Magazine, Summer edition, he saddles up with the England captain to find out With all of my body weight resting on my right foot, to my horror, I appear [...]