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AI spending overshadows Alphabet and Tesla earnings
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Wall Street’s biggest tech companies delivered another round of strong earnings on Wednesday, but the primary focus for investors is the growing cost of the artificial intelligence race.
Takeover target Easyjet sees profits tumble on higher fuel prices
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Easyjet posted an £85m profit for the three months to 30 June, down 70% from £286m at the same point a year ago.
The Rest Is… for the Treasury: Gary Lineker backs wealth tax for rich
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Gary Lineker has urged Prime Minister Andy Burnham to introduce a wealth tax on himself and other millionaires.
Houthi attacks threaten Saudi Arabia’s oil lifeline
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Asian refiners may wait an extra month for crude as tankers abandon the route through Bab al-Mandab
‘Ever-widening gap’: Wetherspoon boss Tim Martin urges Burnham to cut more pub taxes
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JD Wetherspoon boss Tim Martin has called on the Prime Minister to go further to reduce the soaring tax burden faced by pubs.
New BMW X5 gets diesel, hybrid, electric and hydrogen versions
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BMW’s new X5 offers more powertrain choices than ever, combining diesel, plug-in hybrid, electric and future hydrogen technology.
Burnham to cut business rates for pubs and clubs
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Prime minister says move will help boost high streets across UK
BT braces for loss of 800,000 customers as it banks on fibre to keep turnaround ‘on track’
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BT stuck to its cash targets despite another quarter of flat sales and falling profit, as the telecoms giant pointed to growing demand for its fibre network.
BAE unveils 'thunder king' fighter drone to fly alongside RAF jets as unmanned 'loyal wingman'
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Defence giant BAE Systems has unveiled its new 'thunder king' unmanned fighter drone to fly alongside RAF jets with an initial version to take to the sky next year.
Easyjet takes £200m profit hit in Iran war travel chaos
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Easyjet has revealed a £200m profit hit as the budget airline battles with the soaring energy costs and falling travel demand caused by the Iran war.  The FTSE 250 carrier posted an £85m profit in...
Burnham to cut pub business rates by 20 per cent
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Andy Burnham has unveiled a 20 per cent cut to business rates for pubs, clubs and music venues.
Commonwealth Games must prove crises are thing of past
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There is no evidence of Commonwealth Games fever in downtown St Peter Port.
As it happened: Stocks slip as oil hits $100 following Houthi attacks on tankers
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Welcome back to the City AM FTSE 100 liveblog.
City law firms considering corporate-style models amid capital crunch
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Artificial intelligence investment may force top City firms to abandon the traditional limited liability partnership (LLP) mindset and behave like capital‑hungry corporates, a top legal finance firm has predicted.
The physical capital paradox: why the best performing asset class is the least owned
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Investors are ignoring the superior performance of commodities despite their critical role in the AI buildout, says Jeff Currie The best performing asset class of this decade is also the most under owned.
Ex-Lloyd's of London boss covered up 'close' relationship with female PR executive
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The insurance market said John Neal broke the rules by failing to disclose the nature of his friendship with ex-corporate affairs director Rebekah Clement.
Oil prices return to crisis levels
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Oil prices have returned to levels not seen since the beginning of June, after both the US and Iran warned that hopes of a return to peace negotiations were premature.
AI reduces founders’ need for capital, says Revolut Business
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AI is reducing the amount of capital startups need to build global businesses, shifting the battle for founders away from funding and towards which countries offer the best environment to scale, according to the head of Revolut Business.
European gas prices approach Iran war highs as traders fret over winter supplies
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Heatwaves and bidding war with Asian buyers leave market vulnerable to Strait of Hormuz disruption
Deutsche Bank headquarters raided for third time this year
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Latest search threatens to detract from efforts to rehabilitate German lender
Prologis tables ‘best and final’ £14bn offer for Segro
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US real estate firm Prologis has tabled a “best and final” £14bn offer for Segro, the FTSE 100 property company it has been pursuing for weeks.  The Californian property company said its latest...
Mulberry boss calls on Andy Burnham to scrap tourist tax to boost jobs
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The boss of Mulberry said restoring a VAT-free shopping scheme should be 'high on the agenda' for the new Prime Minister, as it will help boost jobs in the fashion sector across the country.
Scotch whisky sales are falling, but what’s really behind the decline?
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Whisky Business, City AM’s whisky supplement.
Regulator flags BDO’s ‘unacceptable’ audit issues for fifth year in a row
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Accountancy giant BDO has been flagged for an “unacceptable” standard of audit quality by the watchdog for a fifth year in a row.
London house prices fall again as property slowdown drags on
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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...
Wetherspoon issues fourth profit warning this year as it battles rising costs
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Wetherspoon prides itself on offering customers reasonable prices, but is coming under pressure amid higher business rates, energy bills and labour costs.
Lucy Rigby back as City minister
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Lucy Rigby has been demoted to City minister after a stint as the chief secretary to the Treasury.
Former Lloyd’s chief John Neal breached rules with undisclosed relationship
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Former Lloyd’s of London chief executive John Neal fell “significantly below” expected standards in his workplace relationship with a colleague, an independent legal review by Freshfields has found.
Lloyd’s says ex-CEO failed to disclose ‘close’ relationship with employee
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Insurance market says John Neal’s behaviour fell ‘significantly below the standards expected’
Santander pledges not to close any more bank branches until 2028
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Santander has pledged to keep all TSB branches open for at least two years following its takeover of the bank earlier this year.
Bad news: Reach share price sinks amid digital headache and falling print sales
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London listed publisher Reach continued to feel the impact of declining online views and lower print circulation, as the company continues to navigate the changing media landscape.
Tiktok pledges three-stage age checks as it pilots alcohol sales
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Tiktok will strictly enforce age checks to block under-18s from buying or even viewing alcohol on Tiktok Shop, City AM understands, as it expands into one of retail’s most tightly regulated categories.
Wetherspoon shares dive as pub chain warns on profit again
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JD Wetherspoon has issued its second profit warning in three months as it grapples with a surge in food and energy costs and a rising business rates bill.  Tim Martin, founder and chairman of the...
UK's FTSE 100 up over 1% as commodity stocks rally; BoE rate path, Mideast tensions in focus - Reuters
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UK's FTSE 100 up over 1% as commodity stocks rally; BoE rate path, Mideast tensions in focus Reuters
What every dealmaker should know about the limits of general-purpose AI tools
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Connecting AI to deal documents is only the first step.
Layoffs and an executive exit: What’s going on at London’s first listed law firm?
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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...
Stop peer pressuring young people into the student debt swindle
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One in four graduates will end up worse off than they would have been had they not gone to university, but that’s not just down to imperfect information, it’s down to expectations that need to...
The Debate: should Andy Burnham have made a woman his Chancellor?
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Rachel Reeves was proud to be Britain’s first female Chancellor but the Labour party have still never had a female leader.
Manchester was Burnham rehearsal – now get ready to pay the bill
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Burnham has asked to be judged on Manchester – where his record is more spending, more borrowing and higher taxes, says Gareth Davies Andy Burnham walks into Downing Street with a simple pitch: judge me on Manchester.
‘We are going to run out’: Mitie marks eleventh mega takeover of 2026
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Mitie’s takeover by rival facilities management group OCS marks the London Stock Exchange’s eleventh £1bn takeover so far this year, as the market continues to serve as a hunting ground for private buyers.
Samsung in talks to invest in Mistral at €20bn valuation
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South Korean giant could invest as much as €1bn in French AI group seeking to be a leading alternative to US tech
The US has collected about $13bn of Venezuela’s oil money. Where is it?
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Washington has given diverging accounts of where the earthquake-shattered country’s funds are going
Grant Thornton seeks tougher regulation as it tries to win top-tier audits
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Accounting firm is trying to re-enter market for large UK work after retreating in the wake of fines for shortcomings
Manchester United accused of banning loyal fans to make space for big-spending tourists
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Manchester United supporters have accused the club of attempting to force out season ticket holders in order to generate more revenue from tourists and corporates.
Tax rises ‘guaranteed’ as Healey faces £22bn black hole from Burnham spending plans
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Chancellor John Healey will be forced to launch another round of major tax rises in the autumn, leading economists have warned, after a City AM analysis found £22bn of spending pledges are not accounted for in official forecasts.
Prologis pursuit of Segro descends into silver-haired scrap
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Prologis’s attempt to take over Segro has descended into a spat over the age of its chief executives as the US firm looks to convince the FTSE 100 company’s shareholders to accept its offer, City AM can reveal.
Housebuilders urge Rayner to ‘hit the ground running’ and rip up planning red tape
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Housebuilders have called on Angela Rayner to “hit the ground running” and rip up planning red tape after her surprise comeback as housing secretary.  Rayner resigned as housing secretary in...
Trump approves nuclear deal with Saudi Arabia- WSJ
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Trump approves nuclear deal with Saudi Arabia- WSJ
OpenAI-Hugging Face hack supports cybersecurity stocks, Stifel says
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OpenAI-Hugging Face hack supports cybersecurity stocks, Stifel says
Dyne Therapeutics prices $375 million stock offering
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Dyne Therapeutics prices $375 million stock offering
Sayfa 50 / 443 · toplam 22114 haber
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