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 [...]
Angela Rayner and Andy Burnham criticise pub tax raid February 12, 2026 Two prominent potential leadership challengers to Sir Keir Starmer have attacked the government’s tax regime for putting hospitality businesses, and particularly pubs, under serious pressure. Angela Rayner acknowledged that the hike to the minimum wage has put pressure on hospitality businesses, and said that the government needs to “start relieving” the sector. Starmer’s former deputy [...]
The unlikely City florist that once served the royals February 12, 2026 The City's oldest florist may not look like much anymore, but it once was the top choice for royal weddings from Diana to the Queen.
City stunned by Nuveen’s £10bn swoop on Schroders February 12, 2026 City analysts were stunned by Thursday morning’s announcement that Schroders has entered into a surprise £9.9bn deal with Nuveen, which holds $1.4 trillion in assets, after speculation of a sale was rebuffed in July. Schroders Group CEO Richard Oldfield squashed rumours that the Schroder family, who control almost half of the company’s shares, were eyeing [...]
Manchester United owner Ratcliffe may face FA charge over immigrants rant February 12, 2026 Manchester United co-owner Sir Jim Ratcliffe could face a Football Association charge over his widely-criticised comments that the UK has been “colonised by immigrants”. Prime Minister Sir Keir Starmer and the Mayor of Greater Manchester Andy Burnham have already condemned Ratcliffe’s remarks and now the FA is set to examine whether they have brought the [...]
SFO drops former AIM London Mining bribery case after decade-long probe February 12, 2026 The Serious Fraud Office (SFO) officially dropped all charges against the former executives of London Mining, a decade after launching its probe into alleged bribery and corruption. The SFO launched an investigation in 2016 into London Mining Plc regarding alleged bribery to secure favourable treatment in Sierra Leone between 2009 and 2014. Former CEO Graeme Hossie, CFO Rachel [...]
Investors shun short-term gains amid market volatility February 12, 2026 UK retail investors are turning away from short term trading in favour of increased portfolio diversification, in a bid to weather ongoing market volatility. Over the past two years investors have become significantly diversified, increasing allocations across all major asset classes, according to the latest retail investor survey from Etoro. In particular, overseas-listed equities saw [...]
Most people have no idea how good AI is – and they’ll be the first to go February 12, 2026 A viral post from an AI investor warns most people have no idea how good AI is, or how quickly it will come for their jobs. Will it come for mine? Maybe. A couple of weeks ago I looked at the essay written by Anthropic’s co-founder in which he expressed his fears that humanity won’t [...]
Fashion bosses back AI as their staff fear for their jobs February 12, 2026 Scroll through LinkedIn and you will see fashion bosses talking up AI as the next industry growth lever. But turn to their teams, and the picture becomes less rosy. A Vogue Business survey of over 300 fashion professionals found 43 per cent feel ‘positive’ or ‘very positive’ about AI’s future impact on their careers. Thirty [...]
The Capitalist: White Lotus chateau bans freebie-greedy journalists February 12, 2026 Journos snubbed by White Lotus chateau, a love letter from PRs and new City signage; catch up on the latest gossip in The Capitalist.