Volkswagen’s China crunch deepens as Europe’s biggest carmaker weighs 100,000 job cuts June 27, 2026 Volkswagen is weighing up to 100,000 job cuts as Europe’s biggest carmaker accelerates a sweeping overhaul after admitting the manufacturing model that underpinned decades of German industrial success can no longer compete in a market reshaped by Chinese rivals. The German automotive giant is reportedly considering almost doubling previously announced workforce reductions while shutting four [...]
Could The Billingsgate Roman Bathhouse win a Toast award? June 26, 2026 We’re celebrating all the places that make the Square Mile great with our Toast the City Awards. This week we sent David Harry – AKA The London Spy – to report on the amazing Billingsgate Roman Bathhouse lurking beneath an office block Underneath 101 Lower Thames Street, a nondescript 1960s office block, hides one of [...]
Heatwave drives shoppers off high streets in blow to retailers June 26, 2026 Record June temperatures have driven British shoppers off of the high streets in a blow to already struggling retailers. The heatwave pushed retail footfall across the UK as much as 10 per cent lower this week, according to data collected by Sensormatic for City AM. In London, where temperatures reached 36C, high streets took an [...]
Londoners should back Andy Burnham’s property tax reforms – not fear them June 26, 2026 Replacing Stamp Duty and council tax with a proportional property tax will make London’s housing market work better, says Andrew Dixon If a “London tax grab” were on the cards, Londoners would rightly be wary. They already face high rents, high mortgages and some of the largest tax bills in the country. Yet Fairer Share’s Proportional [...]
How onerous UK tax system can sting players at Wimbledon June 26, 2026 With the Wimbledon Championships set to begin on Monday, Pete Fairchild takes us through the (very) complex tax issues players face. At Wimbledon, while spectators sip on Pimm’s and eat strawberries, the world’s top tennis players are earning income on British soil. For stars such as Jannik Sinner and Carlos Alcaraz, competing in London means [...]
Capco Recognized by OpenAI for Innovation and Responsible AI Leadership June 26, 2026 Receives AI Governance & Risk Excellence Award at OpenAI Partner Summit Capco’s UK AI Lab wins OpenAI Codex Hackathon
Warburg Pincus Invests in Network Plus June 26, 2026 Investment to accelerate Network Plus’ growth and delivery as a leading utility and infrastructure services business
KSI on buying a football club, the manosphere and quitting alcohol June 25, 2026 KSI is pumped. We’re midway through a photoshoot at Dagenham & Redbridge football club and he’s standing in the centre circle, fists balled, roaring in mock ecstasy. This slightly shabby stadium is an incongruous place to meet one of the UK’s most successful content creators; the walk from the station takes you through one of [...]
Eckuity Capital Launches Fund II and Backs Automata Technologies June 25, 2026 Fund II reaches first close and is already deploying capital Fund II leads Automata Technologies’ Series C, alongside global science and technology leader Danaher Fund II builds on a first fund fully deployed across 14 high growth life sciences companies
Molecular Instruments Advances Automated Multiplex Tissue Research with HCR™ Gold IF on the BOND RX Research Staining Instrument June 25, 2026 Leveraging trusted automation from Leica Biosystems, the new offering helps researchers move from tissue sample to biological insight faster through more flexible, higher-plex immunofluorescence