Monzo snaps up UK mortgage broker in first major acquisition Fintech UK fintech Monzo has made its first major acquisition with a deal to snap up a digital mortgage broker in a bid bulk up its “all-in-one” superapp. The digital bank announced on Friday it had snapped up Habito, a fintech firm which uses tech to accelerate the home-buying process with free online advice. The deal [...]
Starling revs up Engine with City hiring spree Fintech Starling is motoring into 2026 with its foot firmly on the pedal, injecting a fresh pump of gas into the group’s technology arm. The UK fintech veteran is planning to shift its software-as-a-service (Saas) banking platform into top gear with a major hiring spree across London. The platform, known as Engine, is a subsidiary of [...]
Paragon Banking chief eyes acquisitions after capital boost Banking The boss of Paragon Banking Group has acquisitions in mind after the lender received a major tailwind from regulatory reforms this year. Nigel Terrington has said the loosening of banks’ capital requirement rules, known as MREL (minimum requirement for own funds and eligible liabilities), will open up further growth prospects for mid-cap lenders. The boss [...]
Princes shares jump as boss of tinned tuna giant eyes M&A spree November 11, 2025 The boss of Princes Group has laid the foundations for future deals after the firm’s admission to the London Stock Exchange helped build up its “firepower”. Simon Harrison, chief executive of Princes, said the listing marked a “milestone period” for the group and created “exciting opportunities to pursue value accretive mergers and acquisitions, in line [...]
Foreign takeovers risk turning UK into an ‘incubator economy’ September 15, 2025 The UK is facing a time crunch to avoid becoming an “incubator economy” as foreign takeovers continue to sweep the London market. A collection of top venture capital investors and founders have called for crucial reforms to the markets ecosystem with a focus on pensions and the IPO environment. The reforms, as outlined in a [...]
UK fintech holds European crown but UAE threat looms September 11, 2025 UK fintech maintained a heavy level of activity in the first half of 2025 but faced new threats from growing financial hubs. Over 70 significant acquisitions of smaller rivals or complementary businesses were reported in the UK and Europe over the half. This represented a 50 per cent bump on acquisitions compared to the previous [...]
Foreign takeovers to propel UK M&A volumes above £50bn September 3, 2025 UK markets are bracing for a major bump in mergers and acquisitions with the total value of deals expected to top £50bn in 2025. Fresh data from the Office for National Statistics showed the value of domestic deals jumped to £3.4bn in the second quarter, up £600m from the first three months of the year. [...]
End of Windows 10 support will trigger wave of upgrades, Westcoast says August 18, 2025 A withdrawal of support for Windows 10 is likely to trigger a rush to upgrade systems before the deadline, the UK’s biggest IT supplier has said as it posted a jump in sales. The Windows 10 operating system, which was introduced by Microsoft in July 2015, will no longer be supported from October 14 2025 [...]
Spectris bidding war intensifies as KKR submits fresh offer August 5, 2025 The private equity bidding war for precision instrument business Spectris has stepped up a gear after New York-based KKR stepped in with a fresh offer that values the business at £4.8bn. The offer of 4,175p per Spectris share outflanks a fresh offer made by Boston-based Advent of 4,100p per share on Friday, and represents a [...]
Auction Technology Group shares tumble after debt-fuelled acquisition of Chairish August 4, 2025 Shares in Auction Technology Group tumbled on Monday after the firm added to its debt pile with the acquisition of furniture marketplace Chairish in a $85m (£64m) deal. The London-listed company said it had extended its revolving credit borrowing capacity to $275m alongside the deal, which was funded by a combination of cash and debt. [...]