CAB Payments rejects ‘highly opportunistic’ Helios takeover bid February 2, 2026 London fintech CAB Payments has pushed back against another takeover proposal from African-focused private investment giant Helios. The firm – which was behind the “worst IPO of the year” in 2023 – has said the increased takeover proposal from a consortium led by Helios Investment Partners was “highly opportunistic” and undervalued the company’s future. Helios [...]
Bank of England’s Breeden warns on rivals overtaking UK on innovation February 2, 2026 The Bank of England’s lead for fintech policy and digital currency has laid out a sweeping vision for the UK’s next generation of payments infrastructure amid a rallying cry for the UK to not lag behind its peers. Sarah Breeden, a rate-setter at the central bank and the deputy governor for financial stability, said the [...]
EY avoids judgment in £2bn case as Alvarez & Marsal reach ‘confidential agreement’ February 2, 2026 The mammoth legal fight against the Big Four giant EY over its auditing of a former London-listed health giant that collapsed amid fraud allegations has been withdrawn following a settlement. Private hospital operator NMC Health Plc collapsed in April 2020 after being placed into administration, and was delisted from the London Stock Exchange in the [...]
Alex Yee: Why Britain’s fastest marathon runner is sticking with triathlon February 2, 2026 Alex Yee insists he will keep following his heart and return to his first love, triathlon, despite the financial possibilities opened up by his breakthrough marathon performance last month. The two-time Olympic champion in swim-bike-run clocked 2:06:38 in Valencia in December, the second fastest 26.2-mile time by a Briton, behind only Sir Mo Farah. Yee [...]
Keir Starmer is scared to death of Andy Burnham February 2, 2026 Blocking Andy Burnham from standing in the Gorton and Denton by-election shows Starmer is a weak leader whose time in Downing Street will soon be over, says Sacha Lord We are witnessing the beginning of the end of Starmer’s short stint as PM. How is it possible, that someone with such a stomping majority, has [...]
The City is leading the charge against fraud February 2, 2026 Fraud now accounting for 44 per cent of all UK crime, but the City is fighting back, says Chris Hayward Last week marked a generational milestone for policing – and one we must get right. In publishing her long-awaited White Paper, home secretary Shabana Mahmood set out a blueprint to modernise policing in England and [...]
K2 International Expands Financial Lines Capabilities with Acquisition of Rising Edge’s Management Liability Business February 2, 2026 Transaction establishes new division, K2 Executive Risk Limited, led by Yoel Brightman
Pepper Advantage Closes Computershare Deal February 2, 2026 Pepper Advantage, a leading international credit management and technology firm backed by J.C. Flowers & Co., today announces the closure of its acquisition of Computershare’s UK mortgage servicing business, Computershare Loan Services. The strategic acquisition increases Pepper Advantage’s assets under management (AUM) in the UK to around £50 billion and its global AUM to €75 [...]
Urban Pubs and Bars defies hospitality gloom with doubling of profit February 2, 2026 One of London’s biggest pub chains has defied hospitality gloom after posting a more than doubling of profit. Urban Pubs and Bars, which operates more than fifty venues across the capital including The Wren in Bank, the Commercial Tavern in Spitalfields and the Punch Tavern in Fleet Street, saw pre-trax profit climb to £1.7m for [...]
CBI board member Peter Hogg to lead Arcadis’ UK and Ireland business February 2, 2026 The CBI’s senior council chair, Peter Hogg, has been appointed as Arcadis’ country director for the UK and Ireland, City AM can reveal. Hogg is a 28-year veteran of the global design and consultancy firm and will succeed Simon Bimpson, with a focus on leveraging Arcadis’ position in sustainable design to deliver infrastructure that improves [...]