Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation August 5, 2026 The billionaire founder of Revolut is set to see his wealth balloon following reports of a pay package that would land him a major stock windfall if the fintech reaches a $500bn valuation. The digital bank, which is currently undergoing a secondary share sale seeking to value the firm at $115bn, is in discussions to [...]
Everfox Reaffirms Commitment to UK Armed Forces Covenant August 5, 2026 Company’s Pledge Follows on Heels of Receiving Defence Employer Recognition Scheme Silver Award
How padel courts became a must-have for upscale hotels and members’ clubs August 5, 2026 Professional padel is having its moment in the London sun this week as the capital plays host to an event on the top-tier Premier Padel tour for the first time. The driving force behind its recent stratospheric growth not just in the UK but across Europe, the Middle East and North America, however, is its [...]
Moove Raises $250 Million at $2.1 Billion Valuation to Scale the Global Infrastructure Layer for Autonomous Mobility August 5, 2026 Led by Mubadala Investment Company "Mubadala", and co-led by Woven Capital (Toyota) and Ion Pacific, the Series C accelerates Moove’s global infrastructure platform for autonomous mobility as the market shifts from breakthrough technology to scaled deployment. $250 million Series C values Moove at $2.1 billion, cementing its position as the category defining infrastructure company for the autonomous mobility economy Moove is building the core operating layer for autonomous mobility globally through integrated fleet management, robotics-first depot infrastructure, and 24/7 operations Through its partnership with Waymo, Moove is already a leading third-party autonomous vehicle fleet manager, with operations live or announced across Phoenix, Miami and London Moove’s autonomous strategy is grounded in five years of building and operating mobility infrastructure at scale, from an initial launch of 76 vehicles in Lagos to approximately 42,000 vehicles across 29 cities (13 countries) and achieving an ARR of $420 million
FTSE 100 Beazley profit plunges as war roils insurance market August 5, 2026 FTSE 100 insurer Beazley said war and rising global risks were hitting the insurance market as it revealed that its profit more than halved in the first half of 2026. The insurer reported a pre-tax profit of $237.7m (£176.6m) for the first half of 2026, a 53 per cent fall from the $502.5m reported in [...]
‘Grinding it out’: Ibstock swings to loss and cuts dividend amid building slump August 5, 2026 One of the UK’s biggest brickmakers has bemoaned a ‘challenging’ housebuilding market as it slashed its dividend and swung to a loss. Leicestershire-based Ibstock, which is London’s second most shorted stock with a reported short interest of 12.9 per cent, posted a loss of £27m for the first six months of the year, down from [...]
Where are Andy Burnham’s economic advisers? August 5, 2026 Andy Burnham’s allies boasted that highly-regarded economists had been lured as advisers. Mauricio Alencar and Ali Lyon report on the non-appointments of some of Britain’s best economists – and what the Prime Minister and Chancellor’s new teams look like. In the end, all it took was a few rumours. In the weeks leading up to [...]
Gary Lineker forks out £10k to save England World Cup dream August 5, 2026 Gary Lineker and a group of private backers have come to the rescue of the England men’s amputee team while the Football Association refuses to fund them. The governing body stopped its financial support in 2006 and, despite now backing seven para teams, still excludes the amputee side. The England team, Nations League winners in [...]
Heineken-owned pubs group faces probe over eviction threat August 5, 2026 One of the UK’s biggest pub chains is facing a potential probe by the UK’s pubs watchdog after it threatened to evict one of its London tenants. Star Pubs, which operates more than 2,000 sites across Britain and is owned by Dutch brewing titan Heineken, has been told it will be referred to the Pubs [...]
Dante Mayfair at Claridge’s review: How about a five-martini dinner? August 5, 2026 How many martinis is too many? Adam Bloodworth works that out over dinner at the new Claridge’s restaurant, Dante Mayfair An obvious question comes to mind when thinking about the new restaurant at Claridge’s: Why? Why has a quintessentially British hotel invited a restaurant from New York to open a permanent venue on their premises? [...]