The big problem with UK investment trusts March 27, 2026 UK investment trusts are one of the most important parts of our capital markets, but the sector is grappling with a big valuation problem.
Lone Star Funds Completes Acquisition of Alliance Ground International March 26, 2026 Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XII, L.P. has completed the acquisition of Alliance Ground International (“AGI”), a leading North American airport services provider. “We are excited to partner with the AGI management team to drive the business forward,” said Donald Quintin, Chief Executive Officer of Lone [...]
The Capitalist: RAC is not a roadside assistance firm March 26, 2026 Breakdown…in comms The Capitalist was shocked this week after being approached by a spokesperson for RAC, telling City AM off for referring to the company as a roadside assistance firm in a recent story. RAC is not, in fact, a roadside assistance firm, said the spokesperson, who was from PR company Brunswick. Which is funny, [...]
US ambassador: UK’s closer ties with EU are a problem March 26, 2026 Britain pursuing closer ties with the European Union will “not be viewed favourably” in the White House if it in any way affects the trading relationship between the UK and US, Washington’s ambassador to the UK has warned. Warren Stephens said that the government’s recent decision to adopt over 70 European rules onto the UK [...]
Why Westminster’s finest keep ending up on Big Tech’s payroll March 26, 2026 There is a sense of irony in that the employees Silicon Valley’s tech giants most want to hire, are actually the ones who spent years in the public sector trying to work out what to do about them. Nick Clegg, who served as deputy Prime Minister sat through more than one anxious Whitehall discussion about [...]
Golden Table Tennis Takes Over London to Celebrate the Sport’s Centenary Homecoming March 26, 2026 Central London is set to shine this spring as ten striking gold table tennis tables appear across the capital as part of London Sports Festival, celebrating the centenary year of the ITTF World Team Table Tennis Championships Finals as its return to the capital 100 years later. Delivered in partnership between Central London Alliance and [...]
NBA Europe: GBBL boss Marshall Glickman in bid for London franchise March 26, 2026 Marshall Glickman, the US basketball supremo behind the aborted GBBL project, is part of one of the bids for a London franchise in NBA Europe, City AM understands. Multiple sources said Glickman, formerly an executive in the NBA and acting CEO of EuroLeague, was attached to an offer for the team set to be established [...]
Kickstart North Sea production to dodge Iran fallout, Serica warns March 26, 2026 Serica Energy has urged the government to prioritise domestic production in the North Sea, as oil and gas supplies continued to be held in the Strait of Hormuz amid the Iran war in its latest annual results. Serica noted that confidence in the UK North Sea sector had been “eroded” and while the government has [...]
London and New York in tight race to be world’s top financial hub March 26, 2026 London and New York are locked in a tight-race in the fight to become the world’s most dominant financial hub. The latest Global Financial Centre’s Index from Z/Yen showed both cities retained their respective spots in new rankings, with each of their scores inching up by a singular point. New York topped the list at [...]
THG shares soar as it swings back to profit in ‘coming of age moment’ March 26, 2026 THG shares soared on Thursday after the e-commerce firm swung back to profit, with pre-tax earnings exceeding market expectations. The London-listed beauty and nutrition retailer posted profit after tax of £54.1m for 2025, turning around a loss of £326m the previous year, helped along by pocketing £103m from the sale of ingredients business Claremont in [...]