Healey oversees unexpected rise in borrowing in first month as Chancellor August 21, 2026 John Healey oversaw an unexpected deficit in the public finances in his first month as Chancellor, according to new data, in a sign the government may be more restricted than first thought ahead of its first budget. New figures released on Friday showed that government borrowing hit £1.8bn in July. Markets had expected the Office for [...]
Mark Kleinman: Frasers’ touchiness shows importance of Harvey Nicks swoop for Ashley August 21, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Touched a raw nerve? Michael Murray, the chief executive of Frasers Group, was forthright in comments to City AM last month when it was put to him that some luxury brands had expressed concerns about Harvey Nichols [...]
Tanium Reappoints Co-Founder Orion Hindawi as CEO to Drive Next Chapter of Growth August 20, 2026 Company to focus on deepening its Autonomous IT capabilities, further expanding AI offerings across its portfolio, and strengthening customer and partner engagement
Perma-Pipe Secures More Than $67 Million in New Orders in the Second Quarter of 2026 August 20, 2026 Awards include significant Oil & Gas projects in MENA and Canada, as well as the Company's largest single leak detection project to date and continued growth at its new Ohio facility.
Beyond your 9-5: things to explore in the Square Mile August 20, 2026 For most, the City of London is defined by the rhythm of the working week. Offices fill from Monday to Friday, and the streets fall quiet at the weekend. But since the pandemic that pace has changed, and incredibly the Square Mile offers so much beyond the traditional 9-5. A weekend in the City of [...]
Budget supermarket Iceland’s sneaky jab at Big Four management consultants August 20, 2026 Supermarket chain Iceland has shared a subtle dig at management consultants on its website. There is a tongue and cheek reference to a £16m spend on external consultancy firms which include Big Four giant PwC, during a turbulent era for the business in the early 2000s. The retailer, known for selling frozen food, published a [...]
Healey told tax rises for fiscal remedy are ‘not required’ August 20, 2026 Chancellor John Healey does not have to raise taxes to offer the UK economy “immediate remedial action” at the Budget, a top City economist has said. Panmure Liberum economist Simon French, who formerly worked at the Treasury, said the fiscal outlook for the government would be “broadly in the same position” as in the beginning [...]
Northern Trust Expands Relationship with First Sentier Group to Support Irish Fund Structure August 20, 2026 Northern Trust (Nasdaq: NTRS) today announced it has expanded its relationship with First Sentier Group, having been appointed fund administrator and depositary for First Sentier Group’s Irish fund, the First Sentier Investors Global Umbrella Fund Plc. Northern Trust will provide custody, depositary, fund accounting and transfer agency for the US$14 billion Irish fund structure. The [...]
In defence of The Hundred, by co-chair of Welsh Fire August 20, 2026 Welsh Fire co-chair Mark Rhydderch-Roberts dissects The Hundred season, and urges doubters to give it a go. After a frenetic 27 days and a gripping and sold out Finals Day last Sunday at Lord’s, the 2026 Hundred tournament has concluded. Despite the best efforts of some to focus on a marginal decline in total attendances, [...]
‘Alice in Wonderland’ workspace firm lands £129m Aberdeen-backed finance August 20, 2026 A luxury workspace provider whose offices feature novelty themes like Alice in Wonderland and Monopoly has landed a £129m refinancing package. Office Space in Town (OSiT) has bagged a new debt package which includes around £72m in backing by leading asset manager Aberdeen, City AM has learned. OSiT operates 225,000 sq ft of flexible office [...]