Investec’s South Africa surge offsets cooling UK performance September 18, 2026 Investec doubled down on its full-year targets today after a surge in activity in South Africa helped offset a slump in the UK. The FTSE 100 lender projected earnings per share to land between 41.7p to 43.3p, a three per cent to seven per cent rise from the prior year. The growth projection was largely [...]
As it happened: Stocks slip as London’s rally loses momentum September 18, 2026 Welcome back to City AM‘s FTSE 100 liveblog. Stocks in London fell this morning as a three-day rally faded and erased much of the gains made following the Bank of England’s decision to hold interest rates yesterday. The FTSE 100 was trading down nearly one per cent at 12:50pm, dragged lower by falls for Shell [...]
Is Henry Pollock’s biggest problem Eddie Hearn? September 18, 2026 Henry Pollock’s first few months with Eddie Hearn’s Matchroom Talent Agency has felt less like a commitment to rugby union – and reaching the heights within the sport – and more like a scattergun approach to marketing a player in a way rugby players hadn’t experienced before. Except they have. Seeing Pollock in the front [...]
HSBC to lose £17m in Brewdog collapse September 18, 2026 HSBC is set to lose out on more than £17m as part of the administration of Brewdog, the craft beer firm which was sold to a US cannabis group earlier this year. The bank is set to suffer a shortfall of £16.8m from its debts to the collapsed brewer while its Equipment Finance arm is [...]
Cristiano Ronaldo can cash in from Saudi Pro League streaming initiative September 17, 2026 The Saudi Pro League is giving Cristiano Ronaldo another way to top up his £170m salary by incentivising players to promote livestreams of matches via social media. The SPL’s “Share and Earn” initiative will allow players and influencers to share links to broadcasts of the league, whose stars also include Sadio Mane, Gabriel Martinelli and [...]
Month-old Deepmind spinout nears $4bn on ‘future capability’ bet September 17, 2026 A British AI startup founded just last month by three former Google Deepmind researchers is nearing a $4bn (£2.9bn) valuation – despite having no product or website. Emulate is in advanced talks to raise as much as $700m in a seed funding round led by Index Ventures and Lightspeed Venture Partners in a deal that [...]
Celtic and when does financial prudence become sporting underinvestment? September 17, 2026 By most conventional measures, Celtic should be a model of how to run a football club. According to the club’s latest accounts, Celtic generated £143.6m of revenue and £33.9m of profit after tax, while finishing the year with £77.3m in cash. Shareholders have benefited too. According to FactSet, Celtic shares have appreciated approximately 153 per [...]
Next boss Wolfson tells Healey: ‘You can’t spend your way out of a crisis’ September 17, 2026 Lord Wolfson, Next’s chief executive, has urged Chancellor John Healey to cut spending at next month’s Budget, warning, “you can’t spend your way out of a funding crisis”. The retail boss has urged the government to clamp down on spending, avoid further tax hikes and slash planning red tape to boost economic growth. He told [...]
Beauty Tech shares glow as boss brushes off ‘cheap’ rivals September 17, 2026 Beauty Tech Group boss Laurence Newman has brushed off competition from ‘cheap beauty devices’ after the London-listed firm more than tripled its first-half profit. Shares in the owner of Currentbody Skin rose more than 13 per cent to 395p on Thursday after revenue climbed 44.3 per cent to £79.7m in the six months to June. [...]
Former Colombian President Iván Duque Appointed to Advance ICC and Carbon Measures’ Global Product-Level Carbon Accounting Initiative September 17, 2026 Duque will chair the ICC & Carbon Measures Technical Expert Panel Advisory Group, bringing policy, business and practitioner perspectives into the next phase of their work.