Three amazing winter breaks to escape London this January December 16, 2025 Three winter breaks to book to escape dreary January I will be clear from the get-go. I hate the cold. Anything below 20 degrees and I start to shut down. How I’ve lasted 36 years in the UK is a miracle, but at least London has its own microclimate thanks to all those skyscrapers. Out [...]
Monzo boss was ‘pushed out’ over IPO dispute December 16, 2025 The boss of digital bank Monzo is said to have been pushed out from the top role following a dispute with the company’s board over a potential stock market listing. TS Anil, Monzo’s chief executive of the last five years, is said to have been at odds with the fintech’s board ahead of his surprise [...]
US puts UK tech deal on ice after Budget digital tax move December 16, 2025 Washington has paused the flagship US-UK tech pact just weeks after Rachel Reeves doubled down on Britain’s digital services tax in her Autumn Budget, sharpening fears that the levy has become a pressure point in wider trade talks with Trump’s administration. The so-called Tech Prosperity Deal, unveiled during Trump’s state visit back in September and [...]
KKR and Premialab Announce A $220m Strategic Investment To Power Next Phase Of Global Growth December 16, 2025 Premialab, a global provider of data, analytics and risk management solutions for quantitative investing, today announces a significant $220m growth investment from funds and accounts managed by KKR, a leading global investment firm. Under the terms of the agreement, KKR will lead a significant growth investment alongside existing investor Balderton. Founded by Adrien Géliot and [...]
Private landowner sends Lime an £8k bill as e-bike row escalates December 16, 2025 A London property firm has invoiced Lime nearly £8,000 for removing, storing and returning dockless e-bikes left on its private land, City AM understands, amid struggles to contain the capital’s bike clutter problem. Russell Gray, director of property firm Shiva Ltd, personally returned around ten Lime bikes to the firm’s depot on Thursday, handing staff [...]
‘Picking winners? This is about backing champions’ – Reform’s Zia Yusuf on a radical approach to business December 16, 2025 Reform has by any measure enjoyed an incredible 2025. But for much of the poll-topping year, its economic vision has remained an unknown entity. Ali Lyon met policy chief Zia Yusuf to hear, for the first time, his party’s plans for Britain’s flatlining economy and the millions of businesses in it. Zia Yusuf is feeling [...]
Reform government would partially nationalise Rolls-Royce through ‘strategic stake’ December 16, 2025 A Reform government would partially nationalise Rolls-Royce as a quid pro quo for helping it ramp up its small modular reactor (SMR) nuclear programme “as fast as it possibly can”, its policy chief has said. In a wide-ranging interview setting out his party’s plans for the UK economy, Zia Yusuf told City AM that Reform [...]
Starling revs up Engine with City hiring spree December 16, 2025 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 [...]
Winston & Strawn and Taylor Wessing UK to Combine, Creating a Premier Transatlantic Law Firm December 15, 2025 Winston Taylor to build on shared vision and culture in establishing a transatlantic powerhouse for major litigation, critical transactions, strategic IP, and private wealth
Marathon Asset Management Provides Junior Capital Financing to EXALTA Group December 15, 2025 Marathon Asset Management (“Marathon”), a leading global credit manager with more than $24 billion of assets under management, is pleased to announce the closing of a junior capital financing to EXALTA Group (“EXALTA” or the “Company”), a portfolio company of Montagu. Marathon led the financing that supported the formation of EXALTA through the strategic merger [...]