Premier League criticise government over proposed AI copyright reform April 7, 2026 The Premier League has criticised the government over proposed changes to copyright laws relating to the use of AI. The reforms, which have been criticised by a plethora of musical artists, are aimed at making the UK an attractive tech hub, but have been met with concern relating to ownership of copyright information and access [...]
JP Morgan to build Canary Wharf’s tallest tower – if there is a tax incentive April 7, 2026 JP Morgan has been given the green light to build Canary Wharf’s largest tower but questions still remain over controversial tax incentives to lure the Wall Street titan in. The US banking behemoth has been in talks with officials from London City Airport regarding height restrictions for the tower. The bank is understood to have [...]
Bill Ackman’s Pershing Square launches bid for Universal Music Group April 7, 2026 An investment company helmed by billionaire hedge fund investor Bill Ackman has offered to buy the world’s largest music company in a $63bn bid. Pershing Square said on Tuesday it plans to form a new US-listed company through a merger with Universal Music Group (UMG), pulling its Amsterdam listing. The deal would give Universal investors [...]
‘Cracks are showing’: Asylum contract deadline pushed back as pressure on Labour grows April 7, 2026 The Home Office has pushed back a crucial deadline for private sector companies to bid for a key asylum accommodation contract, piling pressure on the government to see through its effort to reform the wider immigration system. A deadline for businesses to engage the Home Office on a new contract for managing asylum accommodation has [...]
Virgin Money swallowed up by Nationwide as top boss exits April 7, 2026 The boss of Virgin Money is set to depart the firm later this years as the UK bank fully consolidates into the Nationwide umbrella. Chris Rhodes took the reins at Virgin Money following its acquisition by Nationwide in late 2024. Before this post, Rhodes served as finance boss at the UK’s largest building society for [...]
FTSE 100 Live: Stocks dip ahead of Trump’s Iran deadline April 7, 2026 Good morning and welcome back to the City PM liveblog. The London market is set to return from the bank holiday break with a major hangover. Whilst the City enjoyed an Easter break, volatile trading continued with Brent crude – the international benchmark for oil – hovering around the $110 mark after see-sawing between gains [...]
Woods to McIlroy: How Tiger Slam at Masters reshaped economics of sport April 7, 2026 Ahead of the Masters, Nick Keller marks 25 years since Tiger Woods won the Tiger Slam and sports consumption changed forever. When Tiger Woods completed the ‘Tiger Slam’ in 2001 – holding all four major championships at once – it wasn’t just a sporting achievement. It was a cultural marker for how modern sport would [...]
The madness of a state that spends more on welfare than it raises from income tax April 7, 2026 If it were possible to buy Happy New Tax Year cards you’d surely find them stocked in the ‘With Sympathy’ section. As of yesterday, the state has increased its demands on a host of taxpayers. Dividend tax is up two per cent for basic and higher rate taxpayers, with the latter now hit by a [...]
British business is using AI to survive, not grow April 7, 2026 British businesses cannot simply endure AI, they must find a way to positively embrace it, writes Adaora Geiger.
Investment trusts launch last-ditch City watchdog campaign April 7, 2026 The chair of one of Britain’s oldest investment trusts has accused the City watchdog of leaving his industry exposed to aggressive activist campaigns even after an overwhelming majority of shareholders have rejected them. City PM can reveal that Edinburgh Worldwide Investment Trust (Ewit) chair Jonathan Simpson-Dent met Financial Conduct Authority officials last week in a [...]
