Top-end priced UK properties may take four times longer to leave market July 25, 2026 Property sellers in Britain asking for too high a price who have to reduce it to make a sale take four times as long to sell than those listing an accurate initial asking price. According to new research from estate agent Savills, 33 per cent of sales required the asking price to be slashed to [...]
Mobix Labs Signs Definitive Agreement to Acquire Vision Aerial, Accelerating Global Drone Platform for National Security and Aerial Intelligence July 24, 2026 Transaction accelerates Mobix Labs’ global aerial intelligence strategy and National Security Matters Initiative
Allegion (NYSE: ALLE) Reports Q2-2026 Financial Results July 23, 2026 Low-Double Digit Revenue Growth, High-Teens EPS Growth; Raising Full-Year 2026 Outlook Quarterly Financial Highlights (All comparisons are year-over-year, unless otherwise noted) Net earnings per share (EPS) of $2.15, up 16.2% compared with $1.85; Adjusted EPS of $2.40, up 17.6% compared with $2.04 Revenues of $1,151.5 million, up 12.7% on a reported basis and up 6.9% on an organic basis Operating margin of 22.1%, compared with 21.5%; Adjusted operating margin of 24.2%, compared with 23.7%
As it happened: Stocks slip as oil hits $100 following Houthi attacks on tankers July 23, 2026 Welcome back to the City AM FTSE 100 liveblog. Stocks slipped on Thursday morning as oil surged back to $100 per barrel for the first time since May. Brent crude barrelled up after the Iran-backed Houthis claimed to have attacked two Saudi Arabian oil tankers in the Red Sea. The US last night launched its [...]
KBRA Assigns Preliminary Ratings to Lugo Funding 2026-1 DAC July 22, 2026 KBRA Europe (KBRA) assigns preliminary ratings to seven classes of notes to be issued by Lugo Funding 2026-1 DAC, a static RMBS securitisation backed by a portfolio of mortgage participations and mortgage transfer certificates (together, Mortgage Certificates) issued by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). The Mortgage Certificates represent the economic rights to receive payments [...]
FTSE 100 Segro ‘minded to accept’ £14bn Prologis takeover July 22, 2026 Segro has said it is “minded to accept” the £14bn takeover offer tabled by US real estate giant Prologis. The FTSE 100 property firm said on Wednesday evening that the terms of Prologis’s fourth bid are at a level it would be willing to recommend to its shareholders. Segro’s update came just five minutes before [...]
London house prices fall again as property slowdown drags on July 22, 2026 London house prices fell again in May as uncertainty over Andy Burnham’s premiership dampened market confidence. The average house price in the capital slipped by 3.7 per cent to £545,000 in the year to May, according to the Office for National Statistics (ONS). Prices jumped in the rest of the country, though the headline rate [...]
Joby and Virgin Atlantic Finalize Deal to Bring Electric Air Taxi Service to the UK July 22, 2026 Joby and Virgin Atlantic sign multi-year agreement that builds on Joby’s existing exclusivity arrangement with Delta Air Lines London Heathrow and Manchester Airport expected to be among the primary UK connection points, with a plan to extend service across the UK over time Virgin Atlantic to integrate Joby’s UK services into its booking channels and support Joby’s rollout through its customer base and airport relationships
Sovereign AI is no longer a nice to have, and with open source, more achievable than ever July 22, 2026 Driven by rising costs and concerns over data sovereignty, enterprises are increasingly pursuing “AI sovereignty” by diversifying their AI supply chains with open-source alternatives, says Lewis Liu “Every single enterprise in this country… these people are livid. They’re saying: ‘I am paying for tokens that create no value. These people are stealing the weights and [...]
Layoffs and an executive exit: What’s going on at London’s first listed law firm? July 22, 2026 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 [...]