FTSE 100 property giant Segro rejects £13.5bn Prologis bid July 20, 2026 Segro has rejected a second and third takeover bid from US rival Prologis, as the tussle between the two property giants steps up a gear. The FTSE 100 real estate firm rejected Prologis’ latest bid last week, which amounted to £9.93 per share and valued the group’s total shares at £13.5bn. Prologis said its latest [...]
Toast the City Awards 2026 finalists announced – vote now! July 16, 2026 It’s here: the Toast the City Finalists have been announced, with bars, restaurants, coffee shops, green spaces and more from across the City being celebrated in the Square Mile’s biggest and best awards. Now is your chance to vote for your favourite city spots – just visit our Toast the City website and cast your [...]
CFIT CEO: There’s still not enough diversity in the City July 16, 2026 Anna Wallace, CEO of the Centre for Finance, Innovation and Technology, gives us her views on the City in Square Mile and Me.
Foxtons shares tumble as estate agent takes £3m knock from Renters’ Rights Act July 16, 2026 Foxtons shares have tumbled after the firm said it took a knock of as much as £3m from the introduction of the Renters’ Rights Act, amid a sharp uptick in tenancy terminations. The Act abolished fixed tenancy terms and increased tenant flexibility to terminate tenancies, sparking “elevated levels of tenancy terminations.” Foxtons, which also bemoaned [...]
CoStar Data Shows Amazon, Defence and Chinese Firms Drive UK Warehouse Demand Recovery July 16, 2026 UK warehouse demand increased after three years of occupier consolidation following the pandemic and a period of elevated costs, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260703768026/en/ Industrial net absorption turned [...]
We should all get behind this wealth tax July 16, 2026 A wealth tax is once again rising up the agenda as Andy Burnham prepares to enter Downing Street. The tax is remarkably popular. YouGov polling last year found 75 per cent of Brits would be in favour of the introduction of a wealth tax, with only 13 per cent opposed. There are three clear reasons [...]
Barratt Redrow urges Burnham to slash tax to boost housebuilders July 15, 2026 Barratt Redrow has called on Prime Minister-to-be Andy Burnham to cut taxes to encourage housebuilding and remove “barriers to home ownership”. The FTSE 100 housebuilder urged the government to address “the increasing regulatory and tax burdens that are constraining viability” to “unlock higher levels of housing delivery, including affordable housing”. Burnham has pledged to back [...]
Insulet Partners with Calm to Bring Mindfulness and Well-Being Tools to the Diabetes Community, Featuring a New Sleep Story Narrated by Lila Moss July 14, 2026 The partnership introduces The Mind in Range Collection, a set of tailored mindfulness resources available at no cost to the diabetes community, including a meditation series, a breathing exercise, and a new Calm Sleep Story narrated by Omnipod® user and fashion model Lila Moss, designed to help listeners unwind and feel supported With 359 million people worldwide living with an anxiety disorder1, and people with diabetes being 20% more likely to develop anxiety2, this initiative reinforces Insulet’s commitment to whole-person care and positions mental health as essential to diabetes management The integrated content collaboration is the first-of-its-kind between Calm and a MedTech company, built on Insulet's global research showing the essential role emotional well-being plays in diabetes management
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 [...]
Which shadowy MoD figures are blocking London’s secret new town? July 14, 2026 Could creating a new town on a west London airfield be a welcome revelation for the new PM? If, that is, he can face down a shadowy opposition.