As it happened: FTSE 100 rises to defy tech gloom; oil creeps up on fresh Iran tensions July 7, 2026 Welcome back to the City AM liveblog. Donald Trump warned the US will “finish the job” in Iran leaving investors unnerved as he renewed military threats following the funeral of Tehran’s former Supreme Leader Ayatollah Ali Khamenei. Brent crude – the international benchmark for oil – traded above $72 per barrel on the news, but [...]
Burnham’s encounter with political and economic reality will be brutal when it comes July 7, 2026 This is turning out to be a very strange summer indeed, and I’m not referring to the football. This week, a Prime Minister with no power will attend the NATO summit in Ankara and next week, a Chancellor with just days left in the job will tell a City crowd at the Mansion House banquet [...]
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 [...]
I’m 60, please don’t give me a Freedom Pass July 7, 2026 Free travel for the over 60s is a perverse incentive for older people to lead more sedentary lifestyles and it’s paid for by people who need the money more, says Guto Harri I’m not in denial. I know today is a big birthday and I’m getting on a bit, but I’m happy and grateful to [...]
Lone Star Funds Announces Agreement to Acquire ContiTech, the Material Solutions Group of Continental AG July 6, 2026 Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XIII, L.P. has entered into a definitive agreement to acquire ContiTech, the material solutions group of Continental AG, for €4.0 billion. The transaction also includes performance-based components of up to €250 million in subsequent years. ContiTech is one of the world’s [...]
IFS and Chelsea reaffirm partnership but AI firm won’t be front-of-shirt July 6, 2026 Industrial AI firm IFS has reaffirmed commitment to its global partnership with Chelsea but will not remain the Premier League club’s front-of-shirt sponsor. IFS appeared on the front of Chelsea’s shirts for the latter part of last season, having signed a three-year contract with the US-owned West London side in February. But their expanded partnership, [...]
Pubs toast England World Cup victory over Mexico July 6, 2026 British pubs served more than six million pints during England’s World Cup victory against Mexico in the early hours of Monday morning. The UK’s hospitality sector was handed a boost after the government decided to allow pubs to stay open until 5am, having initially extended licensing hours until only 1am. The country’s pubs made the [...]
Why England World Cup host city Miami is amazing for sports lovers July 6, 2026 The next England World Cup game takes place in Miami this Saturday 11 July, with the Brits facing Norway. England have made the World Cup Quarter finals after a 3-2 win against Mexico, which means this Saturday’s host city Miami is about to steal the limelight. Brits are expected to spend £250million if England reaches [...]
Britain set to miss net-zero car targets despite record electric vehicle sales July 6, 2026 Britain is set to miss its net-zero emission target for cars despite Electric vehicles (EVs) claiming a record share of the UK new car market in June, fuelled by billions of pounds in discounts. Battery EVs accounted for 30 per cent of all new cars registered last month – the highest monthly share of the [...]
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