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As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace Replace Reeves if Starmer goes, voters tell Labour Right to Buy has been a huge success, of course the left hates it Regional bond revolution risks making Britain more unequal and less prudent Labour may not agree with Blair, but the public does… The world can’t keep consuming more than it produces If performance matters more than privilege then prove it Wayve: London robotaxis will make passengers forget there’s no driver Mandelson Files add insult to injury, but the patient was already beyond saving Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion Pension master trusts join forces to tackle outdated transfer systems Iran ‘pulls out of talks with US’ and threatens to strike Israel Anthropic files for IPO as race with OpenAI heats up ‘Be more Trumpian’ – Mandelson discussed dire economy and ‘lack of verve’ with key Starmer ally Deloitte UK appoints first chief AI officer in drive for ‘AI-enabled’ services Private credit is crowded — but disciplined capital still knows where to look Squash players turn to social media to cash in on LA Olympic Games opportunities Interactive Brokers Integrates AI into Client Portfolios – Informed by Agentic Technology, Controlled by the Client WWEX Group and Auctane Complete Merger, Creating Leading Logistics Provider ShipStation Global Sadiq Khan: London tech boom can weather ‘dizzying’ AI risks New mixed gender trophy introduced for coming Hundred season Labour voters lead AI adoption as public remains split on impact North Highland Names Anthony Shaw Global Chief Executive Officer Vyond Appoints SaaS Industry Veteran Scott Ernst as Chief Executive Officer Winston Taylor Completes Historic Transatlantic Combination M&S chief’s pay slashed by £3m after cyberattack turmoil Inside Celonis, the German tech unicorn that won over a fifth of the FTSE 100 Stop and think before asking for a bigger salary Brits back Blair’s growth calls – yet are squeamish over welfare cuts Number of claims management firms halves after FCA clampdown Richard Desmond hit with £40m bill over ‘fanciful’ lottery feud Pub bosses warn tax hikes driving youth unemployment crisis UK manufacturing survives Iran war impact Labour sheds union member support to Reform, poll shows Private equity-backed Ryan triumphs in bidding for European tax adviser Svalner Atlas Wise shares plummet as money transfer firm faces fraud investigation KBRA Releases Research – European Fibre ABS: From Build-out to Securitisation Everbridge Expands Presence in Germany with New Munich Office Iran war triggers slump in selfies, ME Group warns Landlords rush to protect income over Renters’ Rights Act fears Ascensia Diabetes Care Expands CONTOUR® Portfolio with CONTOUR®COMFORT Pen Needles to Bring Greater Stability and Control to the Everyday Injection Experience Corient Completes Acquisitions of Stonehage Fleming and Stanhope Capital Group; Global Assets Surpass US$500 Billion Autobrains and Uber to Launch Agentic AI Robotaxi Program in Munich built on NVIDIA DRIVE Hyperion Easyjet fires back at ‘highly opportunistic timing’ as Castlelake weighs takeover bid House prices fall again as property market ‘deteriorates’ Exclusive: Roland Garros star and ATP chief in £450,000 tennis fund raise Milburn NEET review: Anger crackles from the page but will Labour act? 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And they
Matt Hardy · 2026-06-16 · via City AM

 |  Updated: 

GettyImages 2281266932 showing a diverse group of professionals in a business meeting discussing strategic plans.
Royal Ascot, the greatest flat racing festival in horse racing, is underway

Royal Ascot, the greatest flat racing festival in all of horse racing, is underway and thousands of punters have dressed to impress at the Berkshire course.

There are over 100 runners across Tuesday’s seven races, with over £2.75m in prize money on offer to the top performers.

Racegoers must adhere to the strict Royal Ascot dress code, with top hats and tails for the gentlemen in the Royal Enclosure, and fascinators mandatory for the ladies – even if Ladies Day is not until Thursday.

Over the festival of the festival, which features 35 races over five days through to Saturday, over 300,000 fans are set to attend with the course set to serve over 38,000 hospitality covers. It is seen as one of the world’s premier flat racing festival meets and sits alongside the likes of the Grand National and Cheltenham Festival on the pedestal of high quality British horse racing.

Royal Ascot 2026: Day One - Racing
ASCOT, ENGLAND – JUNE 16: King Charles III and Queen Camilla arrive in the Royal procession on Day One during Royal Ascot 2026 at Ascot Racecourse on June 16, 2026 in Ascot, England. (Photo by Steve Bardens/Getty Images for Ascot Racecourse)

Royal Ascot: They’re off!

It was described to City AM by Ascot Racecourse chief executive Felicity Barnard as the Best of Britain.

“You must come for a festival, which is the world’s best horse racing and a tapestry of experience,” she said. “[There will be] 100 different music acts, 38,000 hospitality covers, and international horse racing, the likes of which you will never see anywhere else.”

Racegoers Attend Day One Of Royal Ascot
ASCOT, ENGLAND – JUNE 16: Racegoers take a selfie photograph as they arrive at Ascot Racecourse on June 16, 2026 in Ascot, England. Royal Ascot is Britain’s most prestigious flat racing festival, the 2026 meeting features 35 races over five days, including eight premier Group 1 contests, with a record-setting total prize pot of £19.4 million. (Photo by Carl Court/Getty Images)

She added: “We are a moment in time in the British summer, and it’s not to be missed. I honestly think it is like nowhere else in world sport. And I would say that very confidently.

“We see it as a responsibility, not only in racing but in world sport, to put on an incredible [offering] of world-class sport, all things Britain – a melting pot of the best that we can really show.”

Royal Ascot 2026: Day One - Racing
ASCOT, ENGLAND – JUNE 16: Fashion on day one during Royal Ascot 2026 at Ascot Racecourse on June 16, 2026 in Ascot, England. (Photo by Alan Crowhurst/Getty Images for Ascot Racecourse)

Day one schedule:

  • Queen Anne Stakes (2.30pm)
  • Coventry Stakes (3.05pm)
  • King Charles III Stakes (3.40pm)
  • St James’s Palace Stakes (4.20pm)
  • Ascot Stakes (5.00pm)
  • Wolferton Stakes (5.35pm)
  • Copper Horse Handicap (6:10pm)
Racegoers Attend Day One Of Royal Ascot
ASCOT, ENGLAND – JUNE 16: A racegoer in fancy headwear arrives at Ascot Racecourse on June 16, 2026 in Ascot, England. Royal Ascot is Britain’s most prestigious flat racing festival, the 2026 meeting features 35 races over five days, including eight premier Group 1 contests, with a record-setting total prize pot of £19.4 million. (Photo by Carl Court/Getty Images)