Debenhams owner could sell brands to slash debt July 14, 2026 Debenhams Group could sell off some of its brands in a bid to eliminate its £90m debt, as the fashion firm continues its turnaround. The group, which owns the eponymous former department store as well as Boohoo and Pretty Little Thing, plans to slash its debt to below the level of its pre-tax earnings and [...]
Magic circle Linklaters scores FIFA’s top lawyers in US raid July 14, 2026 Magic circle law firm Linklaters has snagged two of FIFA’s lawyers from a rival firm as part of its push into the US legal market. Partner Christopher Boehning has joined as Chair of its global sports practice and US strategic disputes, while Daniel Levi will serve in the firm’s litigation, arbitration and investigations practice, both [...]
South East Water told to cough up £31m and improve infrastructure July 14, 2026 South East Water has been ordered to cough up a hefty redress and create an improvement plan for its operations after multiple investigations by the industry regulator found failures in its infrastructure and customer service. The utility firm – which supplies drinking water to 2.3m customers across the likes of Kent, Sussex and Surrey – [...]
As it happened: FTSE 100 recovers after oil surge dampens mood; Strikes in the Strait of Hormuz July 14, 2026 Welcome back to the Morning Wire liveblog. Oil prices are marching higher after the latest wave of military action in the Middle East following the US reinstating its blockade on imports from Iran. Brent crude – the international benchmark for oil prices – surged above $84 per barrel on Tuesday, bringing gains for the week [...]
SailGP, rugby and PJL: Inside the new £50m budget sporting asset class July 14, 2026 With big money tickets ever harder to find, investors are looking far and wide for their next affordable investment. Big-money takeovers will always catch the eye; whether that be the multi-billion-pound purchase of Chelsea by a Todd Boehly-fronted consortium from Roman Abramovich, the £1.3bn takeover of Indian Premier League team Royal Challengers Bengaluru by a [...]
From crown jewel to €180m courtroom battle: The investor revolt targeting Atos July 14, 2026 A top Whitehall tech supplier that historically managed vast swathes of critical data for the NHS is at the heart of a €180m (£153m) shareholder class action over its near-downfall two years ago. Euronext-listed Atos was once a crown jewel of the French tech sector, acting as a major partner for the French military and [...]
London Stock Exchange overhaul will ‘damage trust’, top investors warn July 14, 2026 The London Stock Exchange’s plans to relax reporting standards on its embattled junior market risk damaging shareholder trust and deterring already sceptical institutional investors, a group of investment bosses has warned. In a letter to LSE boss Julia Hoggett, spearheaded by the Quoted Companies Alliance (QCA), six fund managers said proposals to remove the need [...]
Why does Britain treat housebuilding as one big burden? July 14, 2026 Housebuilding is one of Britain's most obvious economic opportunities, yet government and citizens alike seem to see it only as a burden.
Which shadowy MoD figures are blocking London’s secret new town? July 14, 2026 Could creating a new town on a west London airfield be a welcome revelation for the new PM? If, that is, he can face down a shadowy opposition.
Reeves issues warning to successor as she battles to defend record July 14, 2026 Rachel Reeves is set to issue a stern warning to her successor in Number 11 as she battles to defend her record after two years in office ahead of the overthrow of Labour’s election-winning leadership. In what is widely expected to be her final act as Chancellor before Andy Burnham is made Prime Minister next [...]