Exclusive: Inside the plan to keep the Welsh Rugby Union in check February 24, 2026 One of Wales’s leading business figures is rallying support for a committee that would hold the Welsh Rugby Union to account amid its biggest crisis of the professional era. The Welsh Rugby Union and embattled chairman Richard Collier Keywood are facing an Extraordinary General Meeting amid a legal row over plans to reduce the number [...]
Schroders: Mega mergers test tech more than balance sheets February 24, 2026 The real test of most recent mega mergers like Schroders’ takeover by Nuveen lies far from the dealing desks and investment committees – rather It sits inside the nooks and crannies of technology engine rooms that keeps the pulse of modern-day investing pumping, says Gus Sekhon The City loves nothing more than a takeover tale [...]
Revolut: Inside Nik Storonsky’s $75bn fintech empire still waiting for its crown February 24, 2026 In Revolut’s shiny new Canary Wharf headquarters, the command ‘Get Sh*t Done’ is bolted onto the walls. The unconventional office mantra is a stark reminder of co-founder Nik Storonsky’s acerbic, straight-talking manner that has kept the gas pumping at the UK’s most valuable fintech since it opened for business in 2015. “Whenever a target is set, [...]
Top entrepreneurs demand ‘radical reset’ in new campaign February 24, 2026 Britain is entrenched in a narrative of decline that can only be reversed with a radical political and cultural reset, a group of top entrepreneurs has warned at the launch of a campaign to improve the investment and trading environment for Britain’s fastest-growing companies. Spearheaded by Ovo Energy founder Stephen Fitzpatrick and Founders Factory chair [...]
Police arrest Lord Mandelson February 23, 2026 Peter Mandelson has been arrested on suspicion of misconduct in public office, weeks after the police launched an investigation into the former Labour peer over his relations with Jeffrey Epstein. The Met police said in a statement they had arrested a 72-year-old man in Camden. Mandelson was pictured being taken out of his house. A [...]
Nadhim Zahawi joins equity group piling £1bn into Mayfair hotels February 23, 2026 Former Tory chancellor Nadhim Zahawi has joined the board of an investment firm piling £1.1bn into two luxury Mayfair hotels. Evolution Investment Fund, based in the British Virgin Islands, has acquired a long leasehold interest in the London Marriott Hotel in Grosvenor Square and a luxury hotel development site in New Bond Street. The fund, [...]
KBRA Assigns Preliminary Ratings to Ares European Direct Lending CLO 2 Sarl February 23, 2026 KBRA UK (KBRA) assigns preliminary ratings to six classes of Notes issued by Ares European Direct Lending CLO 2 Sarl, a cash flow collateralized loan obligation (CLO) backed by a diversified portfolio of middle market corporate loans. This transaction is a multicurrency European middle market CLO. Ares European Direct Lending CLO 2 Sarl is managed [...]
Schroders chief executive vows to keep Cazenove Capital February 23, 2026 Schroders’ chief executive has vowed that the company will retain its wealth management business following its £9.9bn takeover by US fund manager Nuveen. Richard Oldfield’s pledge comes after days of speculation surrounding the future of the wealth manager, driven by minimal detail on how it would be integrated into the business in its announcement just [...]
Compass Pathways Announces Pricing of $150 Million Public Offering February 23, 2026 Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation, announced today the pricing of its public offering of 17,500,000 American Depositary Shares (“ADSs”) at a public offering price of $8.00 per ADS, each representing one ordinary share, and in lieu of ADSs, to certain institutional investors, pre-funded warrants [...]
Everbridge xMatters to Host London Event on the Future of Incident Management February 23, 2026 Everbridge, Inc., the global leader in High Velocity Critical Event Management (CEM) and national public warning solutions, will host an exclusive customer event on March 17 at the Churchill War Rooms in London, bringing together IT, DevOps, and operational leaders to discuss the evolving demands of modern incident management and operational resilience. This press release [...]