Businesses ‘yearning for stability’ says UK bank chief March 13, 2026 Businesses are “yearning” for stability, according to a top banking chief executive, as the turmoil in the Middle East threatens to upend the global economy. Ian Corfield, the boss of London-listed Secure Trust Bank, told City AM: “I think the reality is that even before things kicked off a month ago, obviously nerves were increasing. [...]
Britain and America must shape the rules for digital assets together March 13, 2026 Digital assets are not just a fintech trend, they are changing how value is created, exchanged and settled in the global economy, says Lord Kulveer Ranger The race to shape the rules for digital assets is no longer theoretical — it is already underway, and it is moving fast. Across the world, governments are beginning to [...]
Revolut to IPO above $100bn, says former licence boss March 13, 2026 The man who steered Revolut’s pursuit of banking licences in its early stages has said he expects the fintech giant to make its public debut with a price tag north of $100bn. In an exclusive video interview with City AM, Will Mahon-Heap, the former head of international and authorisations at Revolut, said: “I think it [...]
Iran war ‘heavily’ affecting property confidence, developer says March 13, 2026 Property developer Berkeley Group has said the Iran war is “weighing heavily” on market confidence and could push up inflation. The FTSE 100 firm told shareholders on Friday: “The emerging situation in the Middle East is weighing heavily on risk sentiment and we await to see the impact of this on the market.” “While reaffirming [...]
WATCH: From phone business to coffee giant – how Grind carved out a niche March 12, 2026 As retail coffee prices rise and consumer spend declines, the UK’s coffee industry has never been more competitive. US tariffs on coffee-producing countries, hedge fund speculation on commodity prices and increases in business taxes have created a challenging environment. So how has one independent, South London producer managed to beat the odds and find its [...]
Fourth Appoints Veteran Product Leader Scott Collison as CEO March 12, 2026 Fourth, a leading provider of workforce and inventory management solutions for the hospitality industry, today announced the appointment of Scott Collison as Chief Executive Officer. A proven builder of enterprise software platforms with more than two decades of experience scaling technology companies, Collison will lead Fourth into its next phase of AI-led product innovation for [...]
Richmond council to consider Lime’s future in contract vote March 12, 2026 Richmond councillors will next week decide whether to force Lime out of the borough’s booming e-bike market, City AM understands, as riders are mobilised ahead of a crunch committee meeting that could reshape cycling across southwest London. Emails seen by City AM show Lime users have been invited to attend Monday evening’s transport and air [...]
Baseimmune Announces Strategic Expansion into Fibrosis with Lead Program Targeting Idiopathic Pulmonary Fibrosis (IPF) March 12, 2026 Baseimmune unveils a new multi-pathway immunotherapy strategy, applying its computational protein design platform to develop next-generation therapies for fibrosis. Fibrosis is driven by complex and redundant biological pathways, limiting the effectiveness of single-target approaches. Baseimmune uses advanced computational protein design to target multiple pro-fibrotic pathways simultaneously. Initially focused on IPF, where approved single-target therapies only slow lung function decline. Fibrosis pipeline advancing toward proof-of-concept efficacy readouts in 2026 and 2027. Assembled world-class Scientific Advisory Board: John Cijiang He, Scott L. Friedman, Toby Maher, Paul Noble, and Joel Rurik.
Man City Puma kit deal helps UK sponsorship market hit £5bn March 12, 2026 Manchester City’s Puma kit extension helped the UK sponsorship market top £5bn in 2025, up over 10 per cent on 2024. City signed a record-breaking 10-year kit partnership extension last year which could be worth around £100m per season. It, combined with other sponsorship activity across the UK saw the sector grow 10.5 per cent [...]
Hundred auction: Welsh Fire spend big, Coles lands £390k contract March 12, 2026 Welsh Fire were the big spenders in the morning session of The Hundred auction, splashing £540,000 on Joe Root and Jordan Cox. Wicket-keeper-batter Cox – who was the leading run scorer in last year’s Hundred competition – fetched the highest price before the lunch break, being snapped up by the Cardiff-based franchise for £300,000. Former [...]