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      Monzo in talks over £10bn sale to Nubank in blow to IPO hopes

      The valuation would cement Monzo's status as one of Britain's biggest tech start-ups.

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      AI and politics will never destroy the beauty of supporting clubs like Bournemouth

      Empty stadium seating with UEFA Europa League logos on a large screen and Swissquote branding.

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      Two countries, one holiday: Turkey’s glitzy Bodrum and Greece’s unbuttoned Kos

      Woman in a straw hat and swimwear relaxing under a wooden pergola on a sandy beach in Bodrum, Turkey.

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  • Gail’s to open 40 bakeries after creating 500 jobs

    Retail

    Bakery chain Gail’s is to open 40 new sites by the end of February after creating almost 500 jobs during its latest financial year. The London-headquartered business said the new locations will all be open by 28 February, 2026, and it has plans to launch similar numbers “going forward”. The expansion comes after Gail’s opened [...]

    Screenshot displaying a news article draft with empty title, general category, and no tags, dated November 30, 2025.
  • ‘The AI bubble won’t pop’, says Bain & Company tech expert

    Tech

    Despite mounting speculation of a possible ‘AI bubble‘, a senior Silicon Valley investor has told City AM that some concerns may be overblown. Anne Hoecker, Silicon Valley partner at Bain & Company and head of the company’s global tech practice, told City AM on Tuesday: “When people say a bubble, it feels like something that’s [...]

    HAMBURG, GERMANY - JUNE 07: A "Mistral" supercomputer, installed in 2016, at the German Climate Computing Center (DKRZ, or Deutsches Klimarechenzentrum) on June 7, 2017 in Hamburg, Germany. The DKRZ provides HPC (high performance computing) and associated services for climate research institutes in Germany. Its high performance computer and storage systems have been specifically selected with respect to climate and Earth system modeling. With a total of 100,000 processor cores, Mistral has a peak performance of 3.6 PetaFLOPS. With a capacity of 54 PBytes, its parallel file system is currently one of the largest in the world. The DKRZ's robot-operated tape archive has currently a capacity of 200 petabytes and allows for long-term archiving of climate simulations such as those carried out with respect to reports by the Intergovernmental Panel on Climate Change. (Photo by Morris MacMatzen/Getty Images)
  • Chemring shares jump after Bain Capital makes bid

    Markets

    Bain Capital, one of the world’s largest private equity firms, has reportedly launched a takeover bid for defence group Chemring. Sky News’ Mark Kleinman first reported that Bain has made at least one proposal to acquire the FTSE 250 group, which is used by Elon Musk’s SpaceX Shares in Chemring jumped as much as 13 [...]

    Shares in Chemring bounced after takeover rumours emerged.
  • Kantar: Private equity groups circle media research firm

    November 17, 2024

    Private equity bidders are reportedly interested in buying TV ratings data business Kantar Media in a development which could pave the way for a multibillion-pound sale of the wider Kantar Group.

  • Bain Capital reportedly weighing sale of Direct Line rival esure

    September 16, 2024

    Private equity giant Bain Capital is reportedly considering selling British motor and home insurer esure in the latest sign of M&A in the sector.

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