FTSE 100’s Intertek rejects sweetened £10bn bid from EQT May 8, 2026 Board of the testing firm unanimous is saying 5,800p price tag ‘undervalues’ the group FTSE 100 constituent Intertek has rejected the latest bid for the testing company from Swedish private equity firm EQT, saying the £10bn, 5,800p-per-share offer “significantly undervalues” the group. Friday’s rebuttal was the third consecutive knock-back, following previous cash offers at 5,150p [...]
In defence of Bristol Bears CEO Tom Tainton’s rugby marketing comments May 8, 2026 “At Bristol Bears, we don’t call ourselves a rugby club. We are a marketing agency that plays rugby. Yes, our players have to be competent and able to deliver on the field, but if they are not bringing any value off the field, that genuinely factors into our recruitment conversations.” Those were the words of [...]
City calls on tech firms to tackle Britain’s fraud epidemic May 8, 2026 The City of London Corporation is calling on tech firms to help build a new digital identity verification network, designed to crack down on fraud and reduce the growing costs of financial scams. Under the plans, shared with City AM, consumers would verify their identity once with a trusted provider before reusing those credentials across [...]
Avantra 26 Reduces SAP Incident Resolution Times by 60% With New AI-Powered Intelligence May 7, 2026 New release transforms SAP incident response, turning hours of expert analysis into seconds with AI-powered insight
NEAM Limited Hires Giri Singh May 7, 2026 New England Asset Management Limited (NEAM Limited) announces that Giri Singh has joined NEAM Limited’s London Branch as Head of Business Development, Europe. He will be responsible for expanding the firm’s UK and European insurance asset management business. Graham Kirk, Managing Director, NEAM Limited commented, “We’re very excited to bring someone of Giri’s experience and [...]
Brent Hoberman: We need a ‘British dream’ – and more talented immigrants May 7, 2026 The UK needs to welcome many more business founders from abroad to rejuvenate the economy, one of Britain’s best-known entrepreneurs has said, as he issued a rallying cry to renew faith in the future of the country. In a wide-ranging speech at the City AM Awards ceremony at the Guildhall last night, Brent Hoberman, who [...]
Herald trust saved after Saba and Aberdeen ink deal May 7, 2026 Aberdeen and US activist hedge fund Saba have reached agreement for the Scottish investment juggernaut to manage Herald Investment Trust, ending a years-long arm wrestle over the trust’s future. In an eleventh-hour deal that will save Herald from being wound down, Aberdeen will recruit eight of the fund’s staff – including fund manager Katie Potts [...]
New London rooftop bar will be biggest ever with 1,000 capacity May 7, 2026 Getting a reservation at London’s most famous rooftop bars can be difficult, especially with the better weather. New London rooftop bar Freight Brixton will attempt to remedy that issue with room for 1,000 at the open-air venue. The bar will offer drinking, dancing and dining, with DJs spinning funk, jazz and soul tunes throughout the [...]
Kohort Closes $7 Million Series A Led by The Raine Group, Launching Full Suite of UA Agents May 7, 2026 Kohort today announced the completion of its $7 million Series A fundraising round to build user acquisition (UA) agents for mobile game studios. The round is led by The Raine Group, who invested in Kohort’s seed round. UA Agents: Context engineering meets signal engineering Kohort’s thesis is that in a world where every AI company [...]
Tony Travers: London local election result could trigger housebuilding slump May 7, 2026 The result of the forthcoming local elections could trigger a further slump in housebuilding in the capital as a shake-up in council composition obstructs development plans. Voters head to the polls in every London borough today, with polling suggesting Labour is on course to shed dozens of seats and lose its grip on the capital, [...]