Frank McCourt-backed Premier Jumping League raises £37m from first team sale June 29, 2026 The Premier Jumping League has raised $50m (£38m) from the first sale of a team in the new showjumping competition backed by former LA Dodgers owner Frank McCourt. The team, which will be one of 16 in the PJL when it launches next year, has been bought by US investor and racing driver Jason McCarthy. [...]
InvestEco Sustainable Food Fund IV Holds a Final Close With Total Commitments of C$106M June 29, 2026 InvestEco Capital is pleased to announce the final close of the InvestEco Sustainable Food Fund IV. This fund will continue InvestEco’s work of investing in high-growth food companies that promote health and sustainability in the food sector. The Fund closed with total commitments of C$106M, the largest InvestEco fund to date. Investors include Farm Credit [...]
Streeting tax policies could cost the Treasury nearly £8bn June 29, 2026 Adopting Wes Streeting’s plans to hike capital gains tax could cost the Treasury billions of pounds and lead to a reduction in retail investment, new analysis suggests. Last month, Streeting, who is reportedly in the running to succeed Rachel Reeves as Chancellor should Andy Burnham enter No 10, proposed that capital gains tax (CGT) should [...]
‘Anti-growth’: Labour blocks City of London skyscraper plans June 29, 2026 The government has been branded “anti-growth” by the City of London Corporation after a minister blocked plans to build tall buildings near the Tower of London. In a letter to planning chiefs, the housing minister Matthew Pennycock said the authority for the Square Mile should not be able to go ahead with its skyscraper plans [...]
Sky owner Comcast announces plan to split June 29, 2026 Comcast, the US media behemoth which owns Sky TV, has announced plans to split in two. The deal comes just as Sky is agreeing terms of a multi-billion-pound acquisition of part of ITV, which would unite the UK’s biggest pay-TV provider with the channels and streaming platform of its dominant free-to-air service. London traders looked unperturbed at [...]
How the SpaceX IPO revealed a ‘back door’ into Britain’s capital markets June 29, 2026 The UK’s public offer platform regime was rolled out as part of a package of reforms designed to get capital flowing into British companies. Now SpaceX has used it to raise funding in the biggest IPO of all time – in New York. Maisie Grice asks whether the changes are working as intended. In January, [...]
Kolibri Global Energy Inc. Provides Strategy Update and Higher 2026 Forecast June 29, 2026 All amounts are in US$
Legado and Amiqus Partner to Streamline Regulated Onboarding in UK Financial Services Sector June 29, 2026 A new partnership between two of Scotland’s fastest-growing fintechs is set to simplify the regulated onboarding of clients and customers for financial services firms as the sector faces increasing pressure to implement digital infrastructure to meet compliance requirements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260629106849/en/ Legado and Amiqus have formed a [...]
British American Tobacco rolls out plan for thousands of job cuts in AI streamlining June 29, 2026 British American Tobacco is to cut thousands of jobs in the latest sign of artificial intelligence transforming outsourcing initiatives at some of the City’s biggest names. The FTSE 100 firm expects to cut 5,500 jobs by the end of the year, it said in a statement on Monday. Alongside the cuts, 3,500 more jobs will [...]
UK firms ‘bracing for change’ as Trump revives tariff threat over Big Tech tax June 29, 2026 Donald Trump’s latest threat to impose 100 per cent tariffs on countries with digital services taxes has renewed concerns among British exporters, with business groups warning that a trade dispute over Big Tech could end up costing manufacturers billions. The US president said on Friday that any country imposing a digital services tax on American [...]