Revolut facing extortion threat after hackers steal customers’ data September 14, 2026 A group of Revolut hackers are threatening to release stolen customer data unless they receive payment from the fintech, after the company inadvertently handed over a trove of users’ private information. The digital banking giant said over the weekend a “very limited” number of customers had been affected by an impersonation scam, which compromised data including [...]
Tech stocks slide as AI extinction warnings rattle markets September 14, 2026 Tech stocks tumbled across Asia and US futures pointed lower on Monday after some of the world’s most powerful AI bosses called for the industry to slow development over safety fears. The tech-heavy Nasdaq Composite dropped 1.6 per cent shortly after the opening bell, while the S&P 500 fell 0.7 per cent and the Dow [...]
Tennis elite pauses Grand Slam protest after achieving $30m prize money boost September 14, 2026 Top men’s and women’s tennis players including Jannik Sinner and Aryna Sabalenka have agreed to cease their public campaign for more prize money and power at Grand Slams. It follows agreement with organisers of the four majors to establish a Grand Slam Player Council and substantial hikes in payouts since the campaign began last year. [...]
Mike Ashley’s Frasers ousts Hugo Boss chairman September 14, 2026 Frasers Group, the retail empire run by Mike Ashley, has overthrown the chairman of Hugo Boss as it seeks control of the German fashion house. The UK fashion group, which owns Sports Direct, Jack Wills and Flannels, told investors on Monday that Stephan Sturm, chairman of Hugo Boss’ supervisory board, has agreed to step aside. [...]
Big Technologies founder talks collapse as profits rebound from boardroom battle September 14, 2026 Big Technologies’ bitter battle with founder Sara Murray has flared up again after settlement talks collapsed, overshadowing a return to statutory profit and a raised outlook at the electronic monitoring group. The AIM-listed company said on Monday that mediated discussions with Murray had ended without an agreement, meaning it would continue pursuing legal proceedings against [...]
Haigh and Healey to host business chiefs in Downing Street September 14, 2026 Louise Haigh and John Healey will lead meetings with top business chiefs in Downing Street this evening after Andy Burnham cancelled his official engagements following the death of his father. The First Secretary of State will host a roundtable with entrepreneurs, which is set to be followed by an evening drinks reception. The Chancellor and [...]
As it happened: FTSE 100 stocks led higher by software firms; oil at four-month high September 14, 2026 Welcome back to the City AM liveblog. The price of oil has smashed a four-month high following on from last week’s nine per cent rally. Brent crude – the international benchmark for oil prices – rose towards $108 per barrel on Monday morning following the news that Saudi Arabia had shut a major crude pipeline [...]
How much do regulations cost the average UK business in 2026? September 14, 2026 No one single regulation is responsible for businesses' current woes. The accumulation of taxes has become greater than the sum of its parts.
Athlos: Founders head to Downing Street as athletics meet eyes London future September 14, 2026 Reddit co-founder Alexis Ohanian will visit Downing Street as his all-female athletics event Athlos eyes a long-term future in London ahead of this week’s inaugural event in the capital. The track and field showcase, which began in 2024 and has been run thus far in New York, will head to Saracens’ Stone X stadium on [...]
Fintech leaders still back the UK. Don’t make them regret it September 14, 2026 Fintech is one of the UK’s great success stories. But there is a danger in assuming it will remain that way, writes Nick Murray-Leslie.