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Tui hit by Middle East travel chaos and rising fuel costs

The Frankfurt-listed group, which is the world’s largest travel and tourism firm, swung to a €17m loss in its airlines arm in the six months to June, reversing a €50m profit from the year before. “This development was…

Homes near pylons to get £250 a year off energy bills – first sites revealed

Customers living within 1,600ft (500m) of 43 transmission projects across Britain will be eligible for the payments for up to 10 years under the bill discount scheme, sometimes dubbed "pounds for pylons". UK ministers…

But what’s next for the Grand Slam? Matt Hardy finds out. “I’m not sure it’s Wimbledon style to have a naming right on a court,” the tennis Grand Slam’s marketing and commercial director Usama Al-Qassab tells City AM…

When the City unites: Why this year’s City Giving Day matters more than ever

All too often, those headlines are dominated by difficult themes – economic uncertainty, geopolitics, shifting regulatory landscapes and market volatility. It can sometimes feel as though division and unpredictability…

Britain knows how to seed a scaleup. But can it back one all the way?

On 23 April at London’s Business Design Centre, Rupert Hargreaves, City AM’s COO stepped on stage to chair a conversation between Marcus Stuttard, Head of AIM and UK Primary Markets at the London Stock Exchange, Grace…

Balfour Beatty ups profit forecasts as it defies construction gloom

The group, which works with the government on major infrastructure projects, has seen the value of its order book jump by 17 per cent to £22.9bn in the six months to June, as its revenue increased by eight per cent to…

Eerie silence and ‘still surviving’: what happened next after steel town’s last blast furnace shut down

Born and raised in the shadow of the steelworks, with a father, brother and husband who worked there, she never imagined what the town could look or sound like without its blast furnaces. "I'm not saying it was…

FTSE 100 Live: Stocks dip as Iran and US clash over control of Strait of Hormuz

Oil prices broke above $89 per barrel on Wednesday morning, notching the sixth consecutive sessions amid mixed signals around a potential deal between the US and Iran. The regime in Iran has said that the United States…

All-British chocolate bar made by scientists using Reading-grown cocoa

The bar was created from a glasshouse-grown cocoa plant, at Rowntree's headquarters in York. But now, others could have the same experience after scientists at the University of Reading created a bar with cocoa beans…

Lammy’s cohabitation rules threaten unmarried couples with ‘horrendous’ court costs

Justice secretary Alex Norris is facing backlash from senior legal figures on plans to give unmarried couples court-enforced rights after three years of cohabitation, passed on to him by predecessor David Lammy . The…