Deliveroo and Darktrace top UK exits amid IPO draught October 30, 2025 Deliveroo and Darktrace have been named among the UK’s most successful tech exits in the latest ‘Founders Forum UK exit 50 report’, as the country faces ongoing challenges in retaining its high-growth firms. Founders Forum’s annual list, compiled with Tech Nation and HSBC Innovation Banking, ranks the 50 UK tech companies that have navigated scale-up [...]
Reeves may be forced to pay back £38,000 in rent after breach of housing rules October 30, 2025 Rachel Reeves may be forced to pay back tens of thousands in rent to her tenants after leasing her Southwark home without a license. Southwark’s rules on housing allow tenants to claim up to 12 months of rent if they’re a tenant of an unlicensed property. Given that Reeves has been renting out her £3,200-a-month [...]
Football M&A shake-up as investors swap mega-deals for lower league takeovers October 30, 2025 Football’s M&A market has seen a drop in mega-deals as investors have turned their attention to lower leagues, expanding multi-club networks and strategic minority acquisitions. A new report by independent consultancy Football Benchmark said its analysis of the 76 deals to take place so far this year reflected “a maturing market”. While recent years have [...]
Everton’s Hill Dickinson Stadium to host first non-football match October 30, 2025 Everton’s Hill Dickinson Stadium is gearing up to host its first non-football sporting event as the rugby league Ashes arrives on Merseyside. The 52,000 capacity Bramley-Moore Dock venue is the newest in the Premier League, hosting its first trial match in February, and will this weekend add a new sport to its roster. England head [...]
Shawbrook shares jump in biggest City IPO debut of the year October 30, 2025 Shares in specialist lender Shawbrook soared in early trading after the firm made its IPO debut in the City. The bank’s stock was up over six per cent in early trading to 393.43p. Shawbrook kicked off its London Stock Exchange float targeting a valuation just shy of £2bn with a listing price of 370p. “We [...]
The best cash bonus deals for switching current accounts October 30, 2025 UK banks and building societies are handing out hefty cash bonuses to entice customers to switch accounts, with Nationwide among the sweetest offers. The building society recorded 54,347 switches between April and June, largely driven by its £200 switch incentive. Its Fairer Share scheme, which offers a one off bonus payment of £100, was also [...]
Super-rich ditch London mansions for flats, developer says October 30, 2025 London’s super-rich are swapping mansions for pieds-à-terre as they seek to wind down their presence in the UK or exit altogether, one of the top developers in the capital has said. Alex Michelin, co-founder of Valouran, said many high net worth individuals (HNWIs) remained attracted to London but were scaling down their property investment to [...]
New 1,200-home neighbourhood unveiled in Elizabeth Line-linked Southall October 30, 2025 A new 1,200-home neighbourhood has been unveiled in Southall as the city continues to expand out along the Elizabeth line. Quarter Yards will deliver 1,273 new homes and over 105,000 sq ft of commercial space. Marcus Blake, managing director at one of the developers, St George, said he has seen “strong demand” for housing in [...]
Labour trails plans to fight cyberattacks October 30, 2025 The UK government is set to take further action to bolster national cyber resilience, City AM understands, as cybercrime continues to surge across the country. High-profile attacks on businesses, from smaller firms to major supply chains, have unveiled deep cracks and vulnerabilities in the economy. Tech secretary Liz Kendall told City AM: “We’re working really [...]
Monzo names new chief as London becomes top IPO choice October 30, 2025 Digital banking giant Monzo has tapped an Astrazeneca board member as its new chief executive as the firm lays the ground for a blockbuster public listing. The London-based fintech is set to replace TS Anil, who has led the bank for the last five years, with Diana Layfield. Anil will step down as part of [...]