Novo Nordisk shares tumble after drug trial falls short February 23, 2026 Shares in Danish drug giant Novo Nordisk have shed more than a sixth of their value after poor drug trial results sparked an investor selloff. The firm behind weight-loss drugs Ozempic and Wegovy saw its shares tumble by 16.7 per cent to 257.23 Danish Krone on Monday morning after trials of its new obesity shot, [...]
Premier League clubs face unlicensed gambling firms ban February 23, 2026 Premier League clubs could be banned from being sponsored by a plethora of betting firms as the government looks to crack down on illegal gambling. Despite a voluntary move by Premier League clubs to remove gambling and casino sponsors from the front of shirts from next season, those brands can move to sleeves and maintain [...]
Brewdog: HSBC could seize brewery if no buyer found February 23, 2026 Brewdog’s sprawling Scottish brewing estate could be seized by HSBC if the craft beer firm fails to find a buyer to steady its finances. Brewdog has agreed for its debts to be secured against its brewery in Ellon, Aberdeenshire, meaning it could lose its huge brewing estate if it cannot pay up. Co-founder James Watt [...]
Nadhim Zahawi joins equity group piling £1bn into Mayfair hotels February 23, 2026 Former Tory chancellor Nadhim Zahawi has joined the board of an investment firm piling £1.1bn into two luxury Mayfair hotels. Evolution Investment Fund, based in the British Virgin Islands, has acquired a long leasehold interest in the London Marriott Hotel in Grosvenor Square and a luxury hotel development site in New Bond Street. The fund, [...]
Schroders chief executive vows to keep Cazenove Capital February 23, 2026 Schroders’ chief executive has vowed that the company will retain its wealth management business following its £9.9bn takeover by US fund manager Nuveen. Richard Oldfield’s pledge comes after days of speculation surrounding the future of the wealth manager, driven by minimal detail on how it would be integrated into the business in its announcement just [...]
Mexico 2026 World Cup games in doubt after drug lord killing sparks violence February 23, 2026 Fifa’s World Cup games from Mexico have been plunged into uncertainty amid fears for the safety of visitors following the killing of drug cartel boss “El Mencho”. Mexican army troops fatally wounded El Mencho – real name Nemesio Ruben Oseguera Cervantes – in an operation that killed seven people in the western state of Jalisco [...]
‘Trust me’: Jamie Dimon to defend JP Morgan’s $2bn-a-week bill February 23, 2026 Jamie Dimon is set to defend JP Morgan’s $2bn-a-week cost bill today as analysts and shareholders gather for the banking giant’s annual investor day. The bank chief – generally considered to be the world’s most influential banker – unveiled higher-than-expected plans for 2026 spend at the beginning of the year. JP Morgan told markets spending [...]
UK tech faces hiring crunch despite AI visa push February 23, 2026 Applications from overseas tech workers wanting to move to the UK have dropped significantly, adding to concerns over talent shortages in one of the economy’s faster growing sectors. New data by accountancy firm RSM UK found the number of international workers applying for a UK visa to work in tech dropped 11 per cent from [...]
Trump’s tariff decisions send shockwaves through the markets February 23, 2026 Global assets and markets have once more found themselves reeling from the aftershocks of Trump’s tariffs decision, after his weekend announcement sent investors scrambling. The US president announced a 15 per cent blanket tariff on Saturday in rebuttal to the Supreme Court striking down his signature economic policy. Bitcoin suffered a sharp selloff on Monday [...]
The Works shares jump after activist investor ups stake February 23, 2026 Shares in The Works jumped on Monday morning after a well-known small cap activist investor upped its stake in the retailer. The high street staple, which has more than 500 stores across the UK, had been trading with a market cap of just £20m despite turning over more than £250m annually. According to activist investor [...]