Buy now, pay later providers set for £3bn hit in ‘regulatory reset’ February 11, 2026 Providers of buy now, pay later services are set to feel the crunch as the UK’s financial watchdog tightens its regulatory focus on the fast-growing industry. Merchants and lenders are set to take a combined hit of as much as £3bn following the regulation overhaul by the Financial Conduct Authority (FCA), according to its own [...]
UK fintech investment hits lowest since pandemic despite Revolut boost February 11, 2026 Investment into the UK’s fintech sector tumbled to a five-year low in 2025 even after a major boost from industry juggernaut Revolut. UK fintech received just shy of $11bn (£8bn) in investment in 2025, falling a fifth from the $13.4bn notched the year prior, according to new figures from KPMG. A hefty chunk of the [...]
KBRA Assigns Preliminary Ratings for RRE 28 Loan Management DAC February 10, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of notes and one Loan issued by RRE 28 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 28 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP (“RRAM UK” or [...]
Bar of the week: Why Three Sheets is a little slice of old Soho February 10, 2026 Three Sheets Soho | 13 Manette St, W1D 4AP This new column celebrates the great drinking holes of London, the pubs and bars that keep the capital lubricated despite the government’s best attempts to send them crashing out of business. Last week I profiled The rising Sun, the Victorian gin palace that claimed our Best [...]
City of London gives green light to controversial Liverpool Street plans February 10, 2026 The City of London Corporation has granted planning permission to Network Rail’s controversial redevelopment of Liverpool Street station, with councillors saying it will be a “modern temple of transport”. The proposals will help increase the capacity and accessibility of Britain’s busiest railway station, but objectors warned that the scheme was “unviable and undeliverable”. In total, [...]
Money Supermarket shares tumble to 13-year low on AI fears February 10, 2026 Shares in Money Supermarket have tumbled to their lowest in 13 years on renewed anxieties that advances in AI are eating into the value of price comparison sites. The FTSE 250 stock sunk as much as 13 per cent by mid-morning on Tuesday, before paring back losses later in the afternoon. Mony Group shares closed [...]
UK–GCC Strategic Dialogue 2026 Gains Momentum Under GCC Secretariat Patronage Ahead of Guildhall Forum February 10, 2026 UK–GCC Strategic Dialogue 2026 Gains New Momentum Under GCC Secretariat Patronage Expanded partnership base and growing roster of senior participants reinforce initiative ahead of Guildhall forum in April 2026. London, February 2026—The Business Year (TBY) today announced significant new developments for its UK–GCC Strategic Dialogue, including formal patronage from the GCC Secretariat and a strengthened [...]
Defence and AI drive Europe’s venture capital rebound February 10, 2026 European venture capital (VC) investment rose to €66bn (£57bn) in 2025, up five per cent year on year, as funding flowed into AI and defence tech, according to PitchBook data. The increase marks a post-pandemic high for the region, but reflects a narrowing of investor focus rather than a broad-based recovery. Large late-stage rounds in [...]
Dupont image rights row puts Toulouse in rugby spotlight again February 10, 2026 French rugby giants Toulouse are facing the threat of a second salary cap-related sanction after a media investigation into star player Antoine Dupont’s image rights payments. The so-called Le Petit General has been an integral part of France and Toulouse teams in recent years but is now at the centre of a storm, alongside Stade [...]
Allow pensions savings to go into housing deposits, says FCA chief February 10, 2026 The head of the financial watchdog has suggested that the UK should have the “contentious debate” about whether pension savings could be put towards housing deposits. Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), said there was greater scope for pension savings to support financial resilience, particularly among lower income households. “We have [...]