Fermi rebuffs ousted chief’s bid to regain control of board May 6, 2026 Fermi has rebuffed a bid from its ousted chief executive to wrest back control of the data-centre giant by gaining a seat on its board. In a stock exchange filing on Wednesday, the embattled London-listed group accused its defenestrated co-founder, Toby Neugebauer, of trying to pack its board with apparatchiks to regain the reigns at [...]
Does a pint in London really cost £10? May 6, 2026 Recent reports of £10 pints in the capital will have caused many a punter to spit out their bitter in disbelief. Pint prices in London edge higher every year, but the once-distant prospect of paying double figures for a beer has already arrived, according to some reports. Stanley’s Rooftop Bar, perched above a four-star hotel [...]
Stormzy-backed Padel Social Club raises £5.5m to open three new sites May 6, 2026 Stormzy-backed Padel Social Club has raised £5.5m from new investors to open three new sites across London. It comes as the business prepares to add a total of 17 new courts at sites at the O2, in Kentish Town and Paddington this year. The fresh investment includes leading consumer investors Clark Group and Active Partners, [...]
Santander to axe TSB from British high street ending 215 year run May 6, 2026 Santander plans to erase the TSB brand from Britain’s high streets after more than two centuries, just one week after completing its takeover over the UK lender. The Spanish bank is gearing up to drop the brand and run the combined business as Santander UK, once the integration of the two businesses is complete, according [...]
Two million global airline seats cut as jet fuel shortage grounds travel May 6, 2026 Airlines are preparing to slash millions of seats from this month’s schedule, as the Middle East conflict and soaring jet fuel prices drive up costs ahead of the industry’s busiest travel season. Some 13,000 flights have been removed from May schedules worldwide, according to data from the aviation analytics company Cirium. Istanbul, one of the [...]
Forvis Mazars UK CEO: We have what others are trying to buy May 6, 2026 Forvis Mazars UK boss tells Maria Ward-Brennan that the firm’s integrated, global structure is what competitors are now trying to acquire through mergers and investments Forvis Mazars has built an integrated firm from the ground up, something others are now trying to purchase, says its UK chief executive, who added that building integration from scratch [...]
Supermarket inflation: Falling oil prices help keep costs down at the till May 6, 2026 Thank goodness for the price of oil. No, not Brent crude – the stuff that has sent costs at the pump up sharply since the outbreak of war in Iran – but cooking oil. A 500ml bottle of rapeseed oil fell by an average of 14 per cent between April and May across three supermarkets [...]
IGI Reports First Quarter of 2026 Unaudited Financial Results May 5, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the first quarter of 2026. Highlights for the first quarter of 2026 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended March 31, 2026 2025 Gross written premiums $197.2 $206.5 Net premiums [...]
London needs a real opposition, not a Labour/Green merry-go-round May 5, 2026 Voting tactically in the local elections just rewards the same old left wing cycle, says Sylbourne Sydial Alys Denby’s City AM article captures something we hear every day on the doorstep: many people in south-east London are tired of Labour and worried about the Greens. In Lewisham, that feeling is not abstract. Labour has dominated [...]
Corvera co-founder: Brits have it too comfortable May 5, 2026 The boss of Corvera has said Brits take a too comfortable, risk-averse approach after moving his AI startup from London to San Francisco. Corvera co-founder and chief executive Christopher Kong, an Oxford graduate who launched a fast-growing vegan food range before setting up the AI business in October last year, said he found it easier [...]