Mark Kleinman: Could Wells Fargo bank on a megadeal with Barclays? May 14, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Could Wells Fargo bank on a mega-deal with Barclays? Now this really would liven up London’s M&A market. Since the turn of the year, the City rumour mill has persistently buzzed with talk of the biggest deal [...]
Deliveroo takes on the high street in grocery push May 14, 2026 Deliveroo customers will soon be able to shop from multiple shops in a single order and add restaurant items after checkout, City AM can reveal, as the Doordash-owned giant attempts to elbow in on the high street. The takeaway giant’s first new feature, called Bundles, allows users to order from up to three supermarket or [...]
Uzbekistan national investment fund lists in London after $604m IPO May 13, 2026 Uzbekistan’s national investment fund has completed the country’s first ever public market debut, raising hundreds of millions of pounds at a valuation of £1.5bn, in London’s first major IPO of 2026. In an update on Wednesday, the National Investment Fund of the Republic of Uzbekistan (Uznif) confirmed it had completed its dual listing on both [...]
Trapstar: London clothing brand put up for sale on insolvency marketplace May 13, 2026 A London clothing brand that has been worn by the likes of Jay Z and Rihanna has been put up for sale on an insolvency marketplace, City AM can reveal. Trapstar, which sells luxury streetwear popular with young people, is seeking a buyer to help meet working capital challenges. The brand, which was founded in [...]
Paymentology Raises $175 Million co-led by Apis Partners and Aspirity Partners to Support Next Phase of Growth May 12, 2026 Paymentology, the leading global issuer-processor, today announced a $175 million investment co-led by Apis Partners (”Apis”), a private equity firm specialising in financial infrastructure and services, and Aspirity Partners (“Aspirity”), a pan-European Private Equity firm focused on Financial Technology & Services and Enterprise Technology & Connectivity Services. The investment will support Paymentology’s continued global expansion, [...]
Eon, Hometree strike deals to snap up parts of Ovo Energy May 11, 2026 Two arms of Ovo Energy have been snapped up by separate buyers, ending uncertainty over the retail energy giant’s future. German energy firm Eon is to acquire Ovo’s retail business, creating one of the UK’s biggest energy operators with around 10m combined customers, while Ovo’s Home Services arm, including Corgi Homeplan and Homepeat, is to [...]
London to be hit hardest as jobs market struggles through 2026 May 11, 2026 The jobs market is set to worsen throughout the year, with UK employment forecast to suffer a net loss of 163,000 jobs. That’s according to research from the ITEM Club, which has found that London is set to bear the largest absolute decline, shedding an estimated 25,000 positions as its retail and hospitality sectors slow. [...]
Arsenal Champions League final run banks £123m and sets up record revenue May 6, 2026 Arsenal’s run to the Champions League final has already banked the club more than £120m in prize money, paving the way for their highest-earning season ever. The north Londoners reached the final for only the second time in their history in Tuesday’s 1-0 win over Atletico Madrid, which clinched a 2-1 aggregate victory. And the [...]
London local elections 2026: Who will win in the borough of Camden? May 6, 2026 CLICK HERE to view all the latest London election results Sir Keir Starmer will be looking closely at how results pan out in his own backyard given his constituency in Holborn and St Pancras. Could the Greens or Lib Dems put Labour’s control under threat given the prominence of issues such as Gaza, planning and [...]
CoStar Data Shows Offices Leading UK Investment in Q1 2026 May 6, 2026 The office sector attracted the largest share of investment in the first quarter of 2026, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506436227/en/ Office investment reached £2.9 billion, accounting for 30% [...]