Avantia, Hoxton Ventures’ Portfolio Company, Acquired By Carta May 13, 2026 Acquisition Marks Major Milestone for AI-Native Legal-Tech Pioneer and Early Hoxton Investment
Labour’s holiday tax ‘will make staycations more expensive’ May 13, 2026 A leading trade body has attacked the government’s plans to push through a so-called holiday tax, which it says will make Brits’ staycations more expensive. Labour unveiled an Overnight Visitor Levy Bill as part of the King’s Speech, which provides the legislative framework for mayors to be handed the power to impose a tourism tax [...]
Super League set for crunch NRL investment talks at Magic Round in Brisbane May 13, 2026 Super League chiefs will hold crunch talks with NRL counterparts early next week in Australia as investment into England’s top flight rugby league competition nears. Rugby Football League interim chief Rhodri Jones and RFL chair Nigel Wood are heading to the NRL’s Magic Round in Brisbane before the next discussions on Monday. Australian rugby league [...]
Compass Pathways Announces First Quarter 2026 Financial Results and Business Highlights May 13, 2026 FDA granted Compass NDA rolling submission and review request, based on strength of Phase 3 data CNPV awarded for COMP360 in TRD, further accelerating momentum 26-week (Part B) data from COMP006, expected in early Q3 2026 Final NDA submission on track for Q4, aligned with Company’s previously defined accelerated timing to be launch ready by end of year Successful financing and warrant exercises resulted in strong cash position of $466 million at end of first quarter, providing cash runway well beyond launch and into 2028
Options Announces Appointment of Patrick Collins to Vice President, Platform Security May 13, 2026 Options Technology, the leading provider of trading infrastructure and market data solutions, today announced the appointment of Patrick Collins to the position of Vice President, Platform Security. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260513034332/en/ Since joining Options as a graduate in 2017, Patrick quickly progressed to a cyber security engineer before [...]
Uzbekistan national investment fund lists in London after $604m IPO May 13, 2026 Uzbekistan’s national investment fund has completed the country’s first ever public market debut, raising hundreds of millions of pounds at a valuation of £1.5bn, in London’s first major IPO of 2026. In an update on Wednesday, the National Investment Fund of the Republic of Uzbekistan (Uznif) confirmed it had completed its dual listing on both [...]
King’s Speech: Red tape to be cut to help Britain host Euros and World Cup May 13, 2026 Hosting the Fifa World Cup, Olympics and Euros will become easier after the government promised to legislate to cut the red tape hindering major sports events. A new Sporting Events Bill will deliver a set framework which can be applied to major sporting events and is hoped to keep Britain an attractive – and reliable [...]
London-listed defence contractors shed light on impact of wartime economy on City firms May 13, 2026 Two major London-listed defence companies shed fresh light on the sector’s performance during the current bout of geopolitical turmoil on Wednesday, offering insight into the reach of the war time economy into the City. FTSE 100 constituent Babcock International made it onto the top-tier share index’s leaderboard after it unveiled plans to return £200m to [...]
Labour leadership turmoil to cost Reeves up to £12bn May 13, 2026 Labour’s political infighting could cost Chancellor Rachel Reeves up to £12bn, analysis by a Wall Street bank has suggested. Hot-tempered bond markets and stunted growth – a consequence of further political instability – would knock around £12bn off the Chancellor’s fiscal headroom, Goldman Sachs warned. While the £12bn hit to public finances would not erase [...]
Investing in space tech is the new frontier May 13, 2026 After SpaceX, more investors are looking to the stars. Maisie Grice talks to the co-founder of Seraphim Space Investment Trust about investing’s final frontier Twelve years ago, investing in space technology was perceived as science fiction, but Mark Boggett saw an opportunity. While some investment trusts had fund allocation to companies investing in the technology, [...]