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Business

  • Revolut ventures into Premier League with Manchester City deal

    February 13, 2026

    Fintech giant Revolut has ventured into the Premier League, signing a deal with Manchester City. The deal builds on an existing partnership with Manchester City Women, and will see Revolut’s logo appear below shirt numbers on the back of Pep Guardiola’s team’s shirts for the club’s cup competitions, starting at this year’s Carabao Cup final [...]

  • Tiger Woods and Rory McIlroy to launch new sports league with NFL

    February 13, 2026

    Tiger Woods, Rory McIlroy and their TMRW Sports venture are set to partner with the NFL to launch a flag football league in the US by 2028. TMRW Sports, which boasts a galaxy of star investors from sport, entertainment and high finance, has been selected to operate the flag football project, according to multiple reports [...]

  • One in three founders plan job cuts due to AI

    February 13, 2026

    A third of Britain’s scale-up founders are expected to cut jobs in the next year as AI adoption accelerates, new data suggests. A new report by Helm found 33 per cent of founders expect AI to lead job cuts in their business within the next twelve months. Nearly two-thirds, or 64 per cent, said they [...]

  • National League 3Up bid takes step forward and gains Nandy backing

    February 13, 2026

    Culture secretary Lisa Nandy has backed the National League’s 3Up campaign for a third promotion place into the English Football League (EFL). The EFL has come under increasing pressure to introduce a third promotion place from the National League and bring it in line with the system in place in the Championship, League One and [...]

  • Pay for Natwest’s top boss balloons to £6.6m as bonuses soar

    February 13, 2026

    The boss of Natwest has defended a bumper rise to his pay packet in the last financial year as the bank dished out the cash on employee bonuses. The group’s chief Paul Thwaite pocketed a £6.6m package, an increase of 33 per cent from £4.9m in 2024. “I recognize that senior roles in financial services [...]

  • Natwest hikes dividend after profit hits post-financial crisis high

    February 13, 2026

    Natwest laid out plans to splash the cash to shareholders in its full-year earnings report on Friday as the bank’s profit reached its highest since the 2008 financial crisis. The FTSE 100 banking giant – which returned to private ownership in the last year – recorded pre-tax profit of £7.7bn in 2025 financial year, up [...]

  • FTSE 100 Live: Natwest bumper dividend, stocks tick up

    February 13, 2026

    Good morning and welcome back to the City AM liveblog. The City was left stunned yesterday after Schroders entered into a surprise £10bn deal with Nuveen, which holds $1.4tn in assets, after speculation of a sale was rebuffed in July. Schroders Group chief Richard Oldfield had previously squashed rumours that the Schroder family, who control [...]

  • Two-job Townsend is on the brink but deserves break from Scotland fans

    February 13, 2026

    Scotland head coach Gregor Townsend may have played down rumours that he has agreed to take over as boss of Prem Rugby club Newcastle Red Bulls after the 2027 World Cup, but he currently advises the club south of the border on strategy and philosophy. So he’s well on his way, right? One thing is [...]

  • UK fintech Zempler Bank snapped up for less than half previous valuation

    February 12, 2026

    London-based fintech Zempler Bank has been snapped up by Nigeria’s biggest bank in a deal that has slashed the firm’s valuation, City AM can reveal. The small business lender – formerly known as Cashplus – has been acquired by The Access Bank UK with a price tag of around £3.45p per share. The sale represents [...]

  • Why KKR-Arctos is not just about private equity getting bigger

    February 12, 2026

    The announcement that US giant KKR has acquired Arctos Partners for a reported $1.4bn (£1bn) is a significant moment in both the sports investment and private equity worlds.  At first glance, the deal looks like a straightforward bet by KKR on the growing institutional appetite for sports assets. However, look closer and it says something [...]

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