Natwest makes first VC fund bet in push to back British tech September 23, 2026 Natwest has made its first direct investment into an independently managed venture capital fund, joining a push by some of Britain’s biggest financial institutions to funnel more domestic money into UK tech companies. The banking giant is investing across top venture capital firm Phoenix Court’s Localglobe, Latitude and Solar funds, which back companies from their [...]
Financial literacy teaches young people to have aspiration, says Barings boss September 23, 2026 Financial literacy is crucial to teach young people to have aspiration about their future prospects, a senior leader at one of the world’s biggest investment firms has told City AM. Martin Horne, Co-Head of Global Investments at alternative asset manager Barings, said young people are able to have a much better understanding of how to [...]
Is Carney’s European dream pure fantasy? September 23, 2026 Canadian Prime Minister Mark Carney is making a bold punt for European "integration", but it risks being a fairytale, writes Tim Focas.
Manchester United losses increase despite Ratcliffe cost-cutting and record revenue September 23, 2026 Manchester United have reported a financial loss for a seventh consecutive year despite Sir Jim Ratcliffe’s drastic cost-cutting. Net losses increased from £33m to £43m for the year ending June 2026, even though club revenue increased slightly to a new record £678m. The results relate to a season in which United sacked manager Ruben Amorim [...]
The Debate: Should Borough Market allow franchising? September 23, 2026 Bakery Bread Ahead claims it is being booted out of Borough Market for being "too successful" but should the market encourage expansion?
Private equity firm Pollen Street weighs sale September 23, 2026 Private equity firm Pollen Street is weighing a sale and has begun talks with potential suitors, the company confirmed today, in what could be the latest of a wave of takeovers to hit the London Stock Exchange this year. The London-listed investment house, which counts lenders Shawbrook and Bunq among its portfolio, said its board [...]
UK to champion global AI rulebook during G20 presidency September 23, 2026 Andy Burnham has said governments, not tech companies, must make the biggest decisions about AI, as he pledged to put AI regulation at the heart of Britain’s G20 presidency. The Prime Minister used his first address to the United Nations General Assembly to call for a single set of global standards governing frontier AI, including [...]
Ukraine hits out at EU decision to unsanction former Arsenal owner Usmanov September 23, 2026 Ukrainian officials have hit out at a European Union decision to remove former Arsenal co-owner Alisher Usmanov from its sanctions list. The Uzbek-born oligarch, who once owned around a third of the current Premier League champions, was stripped of his sanction status alongside Mikhail Fridman – a prominent Russian financier – after a successful lobbying [...]
Co-op blames job cuts on Labour national insurance raid September 23, 2026 Co-op group has slashed its headcount this year to handle the added costs of Labour’s national insurance raid, its chief executive has revealed, saying the tax hikes had pushed the retailer to invest in more automation. The group, which runs life insurance and funeral businesses as well as its grocery arm, said on Wednesday that [...]
The business case for international aid spending September 23, 2026 UK development spending is good for British business. I know, I've seen it first hand, writes Co-op policy director Paul Gerrard.