Meet the winners of the Santander X UK Awards 2026 October 1, 2026 Santander’s flagship entrepreneurship competition, the Santander X UK Awards, gives university ventures, startups and SMEs the chance to pitch for a share of £150,000 in equity-free funding. Some 90 businesses were shortlisted across three categories this year, before being narrowed down to nine finalists. The judging panel included Baroness Nicky Morgan, Google’s Adam Khalifa and [...]
Aldermore puts jobs at risk in retreat from invoice finance market October 1, 2026 Aldermore is weighing a round of layoffs as it consults on plans to scale back its invoice finance business ahead of a sale, City AM can reveal. The Reading-headquartered lender is discussing plans to shrink its invoice finance division and slash the amount of customers it serves in the market, sources told City AM. The [...]
On this day: Concorde first breaks the sound barrier October 1, 2026 On this day, the 1st October, in 1969, Concorde first showed off its real party trick - breaking the sound barrier, writes Eliot Wilson.
Accenture shares surge as consulting giant shrugs off worst of AI fears October 1, 2026 Shares in consulting giant Accenture surged on Thursday after the firm topped its own revenue targets and shrugged off the worst fears of an AI-induced slowdown. The New-York listed consultant said fourth-quarter revenues rose by six per cent to $18.7bn [£14.1bn], outpacing its own target of between $17.7bn [£13.4bn] to $18.4bn [£13.9bn]. Wall Street analysts had [...]
Hundreds of investors hit Home REIT with High Court claims October 1, 2026 Hundreds of current and former shareholders in Home REIT have launched High Court proceedings against the scandal-hit property firm in a bid for compensation, accusing it of misleading investors and negligently misrepresenting its operations as a company. Over 800 shareholders have hit the former London-listed social housing company with a claim for losses they allege [...]
Ratcliffe’s INEOS calls on Labour to reopen North Sea drilling October 1, 2026 The chemical group owned by billionaire Jim Ratcliffe has urged the government to reopen the North Sea for drilling as it lashes out at its latest energy cost scheme for businesses. INEOS, which was founded by Ratcliffe in 1998, said Labour’s British Industrial Competitiveness scheme (BICS) fails to address UK industries relying “far more heavily [...]
Blue on blue: Tory infighting erupts over triple lock pension petition October 1, 2026 Infighting across Tory circles has broken out after the party published a petition claiming Labour had pledged to “cut” the state pension following its triple lock reforms. At this week’s party conference, Prime Minister Andy Burnham announced he would reform the triple lock pension if Labour remained in power after the next election. The state [...]
Manchester City appointed new CFO just days before Premier League guilty verdict October 1, 2026 Manchester City appointed a new chief financial officer, Claire Catlin, just days before it emerged they had been found guilty in the Premier League’s biggest ever disciplinary case, City AM has learned. Catlin joined the leadership of the club’s parent City Football Group from service station group Moto after being approved as an officer by [...]
FTSE 100 suffers worst single-day sell-off since May as banks brace for tax raid October 1, 2026 The FTSE 100 has suffered its biggest single-day drop since May as European markets are hit by a continent-wide rout in the bond markets, which has pushed western government borrowing costs to multi-decade highs. London’s blue-chip index dropped by two per cent in early trading, erasing all its gains from the third quarter in a [...]
Lloyds CMO: Uncertainty is the price of an interesting career October 1, 2026 We dig into the memory bank of the City's great and good. Today, Suresh Balaji, chief marketing office at Lloyds, takes us through his career.