AI powerhouses are betting on London’s future August 3, 2026 London is a truly global city with a world-leading financial sector, a sophisticated and mature technology ecosystem, and the infrastructure to support growth at scale – and with these major recent AI office signings, we are seeing the city endorsed by the businesses shaping frontier technology, says Mike Wiseman In my experience, the property market [...]
India’s £300m Commonwealth Games dress rehearsal for 2036 Olympics August 3, 2026 The next Commonwealth Games in Amdavad will have a budget double the size of Glasgow’s in what will be seen as a dress rehearsal for an Olympic Games in India. The largest city in Gujarat, also known as Ahmedabad, will host the next edition of the Games, which nearly went under when Durban and Victoria [...]
Reform’s Richard Tice under parliamentary investigation August 3, 2026 Reform UK deputy leader Richard Tice is facing a probe from the parliamentary standards watchdog for failing to declare an interest in a debate. Daniel Greenberg, the parliamentary standards commissioner, confirmed a probe was opened on the 28th July but did not share further details about the scope of the investigation. Tice claimed it relates [...]
3 ways AI is rewriting the rules of private equity August 3, 2026 For private equity firms looking to exit investments, the rules of M&A have changed. Successful exits now depend on three things: proving AI resilience,running smarter sale processes and taking a more pragmatic approach to valuation. Earlier this year, the sharp sell-off in software stocks, dubbed the “SaaSpocalypse”, exposed how quickly AI can reshape company valuations. [...]
Astrazeneca share price tumbles on $400bn megamerger talks August 3, 2026 Astrazeneca’s share price slumped sharply on Monday as investors baulked at a potential $400bn megamerger with US rival Bristol Myers Squibb. Shares in the UK drugmaker slid six per cent in early trading to 11,866p after the Financial Times reported it has been holding talks regarding a potential tie-up with the US group in recent [...]
Staveley planning ‘big property play’ as she closes in on West Ham stake August 3, 2026 Amanda Staveley says she is planning a “big property play” in English football as the former Newcastle United closes in on a deal to buy a stake in West Ham United. Staveley, her husband Mehrdad Ghodoussi, and others have agreed to buy a 25.1 per cent stake in the Hammers, who were relegated to the [...]
Historic French Luxury Leather Goods House Moreau Paris Sold to Leading Manufacturer August 3, 2026 ASTEREN announces that the Paris Commercial Court has approved the acquisition of Moreau Paris, one of France’s most prestigious luxury leather goods houses, by Cardinal Invest, owner of the French luxury manufacturer Groupe Lécuyer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803029803/en/ The transaction concludes a competitive international sale process conducted under [...]
Chrysalis marks down Starling stake again and reduces Klarna holding August 3, 2026 Chrysalis Investments has slashed the price tag of its Starling stake for the second straight quarter. The British investment trust marked down the value of its holding in the digital bank by five per cent to £356m in the second quarter. This helped contribute to an overall drop of 2.35p per share in Chrysalis’ net [...]
Global advisory giant Brunswick explores capital raise August 3, 2026 City PR and advisory heavyweight Brunswick is reportedly weighing up a fresh cash injection via a sale of a stake in the firm, setting the stage for a punchy windfall for its top executives. Five years after securing a £500m valuation following the sale of a 10.7 per cent stake to US private bank BDT [...]
Astrazeneca explores $400bn megadeal with US rival August 3, 2026 Astrazeneca is exploring a $400bn (£300bn) merger with US rival Bristol Myers Squibb, in a deal that would create one of the world’s largest pharmaceutical groups. The FTSE 100 giant has held talks with the US group in recent months about a possible tie-up, according to reports in the Financial Times. Talks could lead to a [...]