Record Asset Management Enters New Phase of Growth September 2, 2026 Record Asset Management GmbH (“RAM”), a subsidiary of London-listed Record plc (“Record” or the “Group”), is pleased to announce that it is now operating cashflow positive, thereby marking a transition from its investment phase into a growth business within the Group, and a significant milestone towards sustainable profitability. RAM is the European asset management arm [...]
A Gulf Trade Agreement could accelerate UK data centre development September 2, 2026 A newly inked trade agreement between the UK and Gulf region offers tantalizing potential for collaboration as the race to build data centres heats up. Data centres, like Amazon warehouses before them, are simultaneously springing up everywhere, vital to current consumer and business trends, and wildly unpopular with the public. But despite these objections, the [...]
Labour calls for Mayor to explore London Stadium sale to West Ham September 2, 2026 Labour have called on Mayor Sadiq Khan to explore selling the London Stadium to West Ham United. Labour assembly member Bassam Mahfouz has written to Lord Khan urging him to relieve the London taxpayer of the £1.75bn burden of the existing deal between City Hall and the Championship football stadium. The long-term tenancy agreed by [...]
NYSE-listed Securitize offer football club shares on blockchain with Socios September 2, 2026 New York-listed tokenised asset firm Securitize is to offer shares in football clubs held on the blockchain in partnership with controversial fan token firm Socios. A “strategic partnership to develop regulated equity offerings involving minority interests in professional sports teams” was announced as the market opened in New York, with Securitize – which has $5bn [...]
Citi hit with £5m fine for violating UK sanctions on Russia September 2, 2026 Citi has been hit with a fine of nearly £5m after regulators found it violated the UK’s sanctions regime on Russia. The Wall Street giant’s London branch was found to have processed £19.7m in illicit transactions spanning 970 payments. The Office of Financial Sanctions Implementation (OFSI) ruled that, in one instance, Citi failed to freeze [...]
Ditch the ‘usual suspects’: Gov.uk founder urges Labour to look beyond Big Four consultants September 2, 2026 Labour has loudly pledged to slash taxpayer spending on external consultants. However, the founder of a City-based digital consultancy firm told City AM that the government still relies on private firms to plug operational gaps because the civil service previously “got rid of the wrong skills”. Ben Terrett, chief executive and founder of Public Digital, said the [...]
Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio September 2, 2026 Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves [...]
If Dublin can have Bloomsday, London should celebrate Pepys Day September 2, 2026 Friday marks the third year of Pepys Day, a celebration of the Great Fire of London's chief chronicler. Michael Mainelli explains why to care.
The Works secures heavyweight backing in activist investor row September 2, 2026 The Works has secured the backing of a pair of heavyweight shareholder proxies in the discount retailer’s boardroom tussle with an influential activist investor. The stationary and crafts retailer has been locked in a row with Kelso, a London-listed investment firm, since the investor sought to force a director onto its board. Institutional Shareholder Services [...]
Keir today, gone tomorrow: A London by-election may spell danger for Labour September 2, 2026 Holborn and St Pancras has been held by Labour for 43 years, but the rise of the Greens, and the thrill of a by-election, could spell trouble.