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 [...]
HMV shuts flagship Oxford Street store just three years after comeback October 12, 2026 HMV is set to close its flagship Oxford Street store just three years after its comeback to the location where it was founded more than a century ago. The music and entertainment retailer said the site will shut its doors in March next year, blaming a doubled rent bill and the cost of “substantial” renovations. [...]
Britain’s biggest bingo chain explores sale despite tax raid threat October 11, 2026 The owner of the UK’s biggest bingo hall operator is exploring a sale of the company, even as gambling bosses warn a huge tax raid could threaten the industry. Asset manager ICG has appointed bankers to advise on discussions with potential buyers for Buzz Bingo, it is understood. The Nottingham-based chain is looking for a [...]
Airtel Money shares muted in biggest London IPO in five years October 9, 2026 Airtel Money shares were muted after the firm it kicked off trading on the London Stock Exchange in the largest initial public offering in the City for five years. The mobile payments firm has priced its shares at £1.96 apiece, which hands it a price tag of around £5.3bn. Existing shareholders, which include the Qatar [...]
Ascensia Announces Strategic Partnership with Sava for Innovative Microsensor Technology October 9, 2026 Ascensia Diabetes Care, a global diabetes care company and subsidiary of PHC Holdings Corporation (TYO 6523), today announced a strategic partnership with venture-backed health technology startup Sava Technologies to support the introduction and future commercialization of its innovative wearable microsensor. The partnership comprises an exclusive commercialization and distribution agreement, initially in Europe, and a concurrent [...]
Central London Alliance Summit to bring London’s business and political leaders together to debate the future of the capital October 8, 2026 Business leaders, policymakers, entrepreneurs and leading voices from across London’s economy will come together on 14 October for the Central London Alliance Summit 2026, to debate the opportunities and challenges shaping the capital’s future. The Central London Alliance Summit 2026 will bring together hundreds of business leaders, policymakers, innovators and industry experts for a full [...]
Asos hackers duped employee in data breach October 8, 2026 The hackers behind a threat to leak Asos customer data duped an employee by posing as a “trusted contact,” the fast-fashion group has said. An unknown group shocked Asos’ millions of customers on Tuesday when they published a push notification on the online retailer’s app, claiming to have hacked into the company and threatening a [...]
Deloitte hit with £11m fine after missing £30m taxpayer fraud at UK transport giant October 8, 2026 Big Four giant Deloitte has been fined £11m for failing to raise concerns about fraud in its statutory audits of the transport business, the Go-Ahead Group (GAG), which operates multiple train services across the UK. The Financial Reporting Council (FRC) said on Thursday the fine, which was discounted to £6.05m for early admission and co-operation, [...]
Shein UK revenue hits £2.5bn despite IPO woes October 7, 2026 Fast-fashion giant Shein took in more than £2.5bn in UK revenue last year as it tightens its hold on British shoppers despite its IPO woes. The e-commerce firm generated £2.58bn in revenue in 2025, newly published accounts show, as its pre-tax profit widened by 18 per cent to £45m. Proof of Shein’s growing presence in [...]
Billionaire Weston family buys Boots for $9bn October 7, 2026 The billionaire Weston family has struck a deal to buy Boots for nearly $9bn, scuppering hopes that the high street giant could return to the London Stock Exchange. Wittington Investments, the holding company for the Westons’ Canadian operations, said on Wednesday it will buy Boots from its private equity owners, Sycamore Partners. The deal brings [...]