Monzo in talks over £10bn sale to Nubank in blow to IPO hopes Fintech Digital bank Monzo is in early discussions over a sale to Brazilian fintech giant Nubank, in a move that could crush hopes of the British firm listing on the London Stock Exchange. The UK fintech has been approached by US-listed Nu Holdings and is understood to have tapped bankers at Morgan Stanley and Qatalyst to [...]
AI and politics will never destroy the beauty of supporting clubs like Bournemouth Sport Business A record transfer window, club investments at ever increasing valuations and the same unpredictability of results on the football pitch. Was it ever thus? And will it ever change? The memories sport creates are at the heart of what makes it so special. Taking a step back, next year will mark 30 years since I [...]
Arsenal, Liverpool, Man Utd and Spurs could claim damages from Manchester City Sport Business Arsenal, Liverpool, Manchester United and Tottenham Hotspur could claim damages from Manchester City after they were found guilty of 114 counts of breaching Premier League rules. All four clubs formally retained the option to bring a claim against Manchester City back in 2024, when an independent commission hearing into 115 charges was in progress, in [...]
Andrew Bailey sends warning as officials say interest rate hikes ‘increasingly likely’ September 25, 2026 Bank of England governor Andrew Bailey has said that it will become “harder” to leave interest rates on hold if energy prices remain higher for longer. At an event in Oxford on Friday, the Bank of England chief indicated that interest rates would have to be raised from 3.75 per cent if oil and gas [...]
VW-backed car hire giant plunges to £43m loss as tax hikes bite September 25, 2026 One of the UK’s biggest car hire businesses has taken aim at government tax hikes after it plunged to a £43.2m loss. Europcar UK, which is backed by German carmaker VW, recorded a profit of £7m in 2024 but its fortunes went into reverse gear a year later amid rising costs and weak demand. Europcar [...]
‘Knock that dead’: Burnham rules out calling early election September 25, 2026 Andy Burnham has said the next election will be in 2029 as he ruled out an early snap vote during interviews with local broadcasters. In an interview with ITV North West and Yorkshire, Burnham confirmed that the next General Election would take place at the end of this parliament. Reports suggested that Number 10 was [...]
‘Last days of the honeymoon’: Anxious bosses prepare charm offensive at Labour conference September 25, 2026 Ahead of the Labour Party Conference on Sunday, and one month away from the Budget, businesses are feeling nervous, write Mauricio Alencar and Felix Armstrong Stepping onto an early-morning Avanti West Coast train from London Euston is now a familiar feeling for the Prime Minister. Andy Burnham is set to make the journey more regularly [...]
Court fast-tracks Victoria’s Secret PINK brand clash with London shirtmaker September 25, 2026 Lingerie giant Victoria’s Secret has secured a fast-tracked trial in the High Court in London in October to determine whether a London-based shirtmaker breached a legal contract with the lingerie seller over its ‘PINK’ trademark. The case stems from a High Court settlement between the two retail firms in 2015, in which the court ruled [...]
Premier Inn’s German expansion not a mistake, Whitbread tells activist investor September 25, 2026 Premier Inn owner Whitbread has been forced to defend its expansion into Germany after the activist investor seeking to gain a board seat cast significant doubt over the move. The FTSE 100 hospitality giant, which also owned Beefeater and Brewers Fayre, first expanded into Germany in 2014 and now operates 75 Premier Inn hotels in [...]
Met Police set to probe itself over ‘Putney Pusher’ suspect’s death September 25, 2026 The Metropolitan Police is set to probe its own handling of the arrest of the man, now dead, suspected of pushing a woman in front of a bus on Putney Bridge in 2017, after an assessment by the police watchdog. The police were referred to the Independent Office for Police Conduct (IOPC) following the death [...]