Battersea Power Station nears completion with £280m new loan October 13, 2026 The developers behind Battersea Power Station have secured a new £280m refinancing as the £5bn regeneration project nears its final stage. The Battersea Power Station Development Company secured the new loan from the group of lenders which have backed the project since it began in 2012, including London-listed Standard Chartered, Malaysian bank CIMB, Singaporean financial [...]
Lone Star Announces Sale of IKB Deutsche Industriebank AG to Crédit Agricole October 12, 2026 Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XI, L.P. has signed an agreement to sell IKB Deutsche Industriebank AG (“IKB”), a leading provider of banking services and financing for small- and medium-sized enterprises in Germany, to Crédit Agricole. Founded in 1924 and headquartered in Düsseldorf, IKB specializes as [...]
‘Slow-moving tsunami’ – IMF warns AI could hit 60 per cent of jobs in advanced economies October 12, 2026 AI’s impact on employment “is a slow-moving tsunami, but a tsunami nonetheless”, the head of the International Monetary Fund (IMF) has warned, as the technology threatens to reshape six in ten jobs across advanced economies. Kristalina Georgieva, managing director of the IMF, said AI could affect 40 per cent of jobs worldwide, rising to 60 [...]
Anthropic offers £145k for London personal assistant amid AI agent boom October 12, 2026 The company behind one of the world’s most advanced AI assistants is offering £145,000 for a human one in London, as tech giants continue to rely on people for jobs their own tech promises to automate. Anthropic, the developer of Claude, is recruiting an administrative business partner in the capital, despite developing AI tools capable [...]
Manchester City need a nine-year sanction, says architect of Premier League October 12, 2026 Alex Fynn, who helped formulate the Premier League, discusses the Manchester City case, how it has affected Arsenal and his new book on the north London club. Integrity appears to be the watchword in much of the discourse around Manchester City and the biggest scandal in the history of the Premier League. Only one, at [...]
Bank of England targeted in inflation installation stunt October 12, 2026 The Bank of England has been targeted in an inflation installation stunt in the centre of the City of London. Over the weekend, a satirical art piece appeared across the road from the central bank’s office on Threadneedle Street. A black Canon printer, sitting atop a decorative silver-beaded pedestal surrounded by a stream of banknotes, [...]
Trading Central Expands UCITS ETF Range to U.S. and Global Equities October 12, 2026 Three funds powered by TC Quantamental Rating® are now available to brokers and distributors across Europe.
LIV Golf players to be banned from DP World Tour and Ryder Cup October 12, 2026 Players who sign up to play on a resurrected LIV Golf tour will be prohibited from competing on the DP World Tour or in the Ryder Cup, its European chiefs have said. The rebel golf league has secured funding from BC Partners to exit bankruptcy proceedings after Saudi Arabia’s Public Investment Fund pulled its backing [...]
AI minister warns of ‘inevitable’ cyber attack on UK as he tells labs to ‘be honest’ October 12, 2026 Britain cannot rely on tech giants to police their own AI systems, the government has warned, as ministers prepare new measures to protect businesses and national security from increasingly powerful artificial intelligence. AI minister Kanishka Narayan warned that a major AI-powered cyber incident hitting the UK is “inevitable” as he called for a national effort [...]
London’s new front door for growth opens in the Square Mile. October 12, 2026 While the Square Mile is smaller than many parks, you might be surprised to know it supports 676,000 jobs and generates over £109bn of economic output a year [ONS]. Indeed, national growth happens when businesses choose to invest, when talent chooses to come in, when visitors choose to spend time, and when places make it [...]