UK launches £500m Sovereign AI fund as Kendall backs ‘British winners’ April 16, 2026 The UK government has unveiled a £500m push to scale domestic AI firms, as ministers step up efforts to anchor the next wave of tech firms on home soil amid growing competition. Tech secretary Liz Kendall is set to launch the new Sovereign AI Unit in London on Thursday, casting it as a central pillar [...]
KBRA Assigns Preliminary Ratings to Harvest Funding PLC April 15, 2026 KBRA UK (KBRA) assigns preliminary ratings to seven classes of notes issued by Harvest Funding PLC, a static RMBS securitisation backed by a seasoned non-conforming portfolio of United Kingdom (UK) residential mortgage loans, comprising performing, in-arrears and past-term exposures. The portfolio aggregates to £2.0 billion of first lien loans which are secured by owner occupied [...]
London Lions CEO: We’d love to be in NBA Europe but we have a reason to exist anyway April 15, 2026 London Lions CEO Lenz Balan on the club’s NBA Europe ambitions and the challenges of making British basketball financially sustainable. “I’m, like, an irrational optimist,” says London Lions CEO Lenz Balan as he explains why he views the impending arrival of an NBA Europe team on his patch as an opportunity, not a threat. The [...]
Wayve lands AMD, Arm and Qualcomm cash as UK self-driving push gathers pace April 15, 2026 British autonomous driving firm Wayve has secured a further $60m (£44.2m) from chip giants AMD, Arm and Qualcomm Ventures, as it pushes to get its AI driving software into production vehicles. The fresh backing adds more heavyweight silicon names to Wayve’s investor roster and comes just weeks after the London-based company raised $1.2bn at a [...]
Talon.One Releases Integration With Adobe Experience Platform to Power Real-Time Loyalty and Promotions for Enterprise Brands April 15, 2026 Native integration connects Talon.One’s advanced incentives engine directly with Adobe Real-Time CDP and Adobe Journey Optimizer Partnership brings loyalty to life for enterprise brands, enabling brands to close the loop between customer engagement and transaction
Options Announces Major Enhancements to its State-of-the-Art Monitoring and Alerting Tool – AtlasVision April 15, 2026 Options Technology (Options), a leading provider of financial services infrastructure, today announced major enhancements to its cutting-edge, real-time monitoring and alerting tool – AtlasVision. AtlasVision provides unparalleled transparency across the Atlas product suite, offering deep visibility into AtlasFabric, AtlasFeed, and AtlasEnterprise, delivering real-time insights into market data routing and latency, live circuit updates, and automated [...]
CoStar Data Shows London Office Construction at Record High as NYC Sees Sharp Decline April 15, 2026 The gap between office construction volumes in London and New York City reached a record high in the second half of 2025, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260415582253/en/ Over [...]
Wall Street banks’ $40bn haul overshadowed by economic threats April 15, 2026 Wall Street’s top banks are toasting a record revenue haul this week, but industry chiefs also struck a note of caution after bumper profits were driven by market volatility. JP Morgan led the pack with a net income of $16.5bn in the first-quarter of the year, up 13 per cent from the same period in [...]
Russell set to join Pollock after London meetings with Matchroom April 15, 2026 Scotland rugby star Finn Russell has held talks with Matchroom about following England’s Henry Pollock in signing for the multi-sport promoters’ new talent agency. Northampton Saints back-row Pollock joined the Eddie Hearn-run talent roster after the promoter made comments about the untapped potential of rugby during the Six Nations. In subsequent interviews, Hearn – whose [...]
Franco Manca shuts 16 restaurants, blaming ‘disproportionate’ taxes April 15, 2026 Franco Manca has taken aim at “disproportionately high” taxes facing the hospitality sector after the pizza parlour shut 16 restaurants in a structural overhaul. The privately-owned restaurant chain said it is suffering from high VAT and “significant” hikes to national insurance and minimum wages, with the site closures to cost hundreds of jobs. The move [...]