Mercury13 acquires Bristol City as fund expands into English football September 18, 2025 Women’s football investment fund Mercury13 has entered the English market, acquiring a majority stake in second tier Bristol City Women. The Juan Mata and Giorgio Chiellini-backed investment vehicle is adding to its portfolio, which counts FC Como Women as its crown jewel, by forging a presence in the West Country. The deal, subject to league [...]
Losses almost tripled at Sale Sharks owner’s £1bn empire before takeover September 18, 2025 Losses at the empire built up by Simon Orange, the self-made millionaire who co-owns rugby union side Sale Sharks, almost tripled in the year before being taken over. Cheshire-based CorpAcq counts more than 40 businesses as part of its portfolio including the likes of Cotton Traders but does not include the Prem Rugby club. The [...]
Will Shu quits as Deliveroo CEO after denying he planned to leave September 18, 2025 The CEO of Deliveroo, Will Shu, has announced his decision to step down from the company he co-founded in 2013, just months after the company denied he had any plans to leave. In February, after growing speculation Shu was preparing to exit the tech business later in the year, Deliveroo issued a statement in which [...]
Was Trump right about “horrible” and “lousy” Battersea? September 18, 2025 Donald Trump may well swing by the new US Embassy in Nine Elms during the state visit, so does he still hate it? President Trump, on his September U.K. visit, will possibly swing by the US Embassy, the imposing glass block located in Nine Elms, between Vauxhall and Battersea Power Station. What would be interesting [...]
Mounjaro sales help almost double Ely Lilly’s UK turnover September 18, 2025 The sale of weight loss drug Mounjaro has boosted the UK turnover of pharmaceuticals giant Eli Lilly by 90 per cent during its latest financial year, it has been revealed. The division of the US group has posted a turnover of £889m for 2024, according to new accounts filed with Companies House. The new total [...]
The “Living Bridge”: Cultivating a new golden era in UK-India relations September 18, 2025 The India Business Group (IBG), an independent strategic advisory company, was established in 2014 by Amarjit Singh to foster the special relationship between India and the UK. The founder and CEO of the India Business Group is a commercial solicitor by background and set up the organisation after observing a palpable interest from UK small [...]
Labour’s AI ambitions will clash with its housebuilding targets September 18, 2025 It was all smiles on Tuesday as Chancellor Rachel Reeves became the latest PPE grad politician to don her PPE robes, in a visit to a construction site in Waltham Cross where she unveiled Google’s new data centre. The opening was a moment of celebration, as Google announced another £5bn investment into the UK, a [...]
The great big merger: Chasing elite status in the legal world September 18, 2025 The ever-evolving legal market continues to expand, particularly when it comes to law firm names, which have become longer as a result of a flurry of recent mergers. The ambition to join the ‘Global Elite’ continues to drive change, as two major firms have recently followed A&O Shearman’s lead by merging with New York law [...]
Health-conscious Brits lead Dash Water to record-breaking summer September 18, 2025 Health-conscious Brits are expected to have helped sales surge by almost half at soft drink brand Dash Water thanks to a record summer. The business, which is based in London, has revealed its revenue is forecast to jump by 45 per cent in 2025 to £42m. The business, which is based in London and was [...]
What the US tech investments tell us about the UK’s public markets September 18, 2025 There was some debate in the City AM newsroom on Tuesday over which story should grace the front page yesterday. On the one hand, news of £30bn worth of tech investment offered the kind of optimism we’re always looking out for, but on the other hand news came that global fund managers were pulling out [...]