Axel Springer strikes £575m deal to buy Telegraph titles March 6, 2026 German media giant Axel Springer has agreed a £575m deal to acquire Telegraph Media Group, ending years of uncertainty over the future ownership of one of Britain’s most influential newspaper publishers. The all-cash agreement will see the Berlin-based publisher – which owns Politico, Business Insider, Bild and Die Welt – take control of the Daily [...]
University spinouts boom as startups pull in billions March 6, 2026 Academics are increasingly going on to start their own start-ups, with a surge in spinouts, patents and investment pointing to the growing commercial impact of Britain’s research base. New figures seen by City AM show the number of UCL academics seeking to commercialise their research has jumped by more than 25 per cent since the [...]
Matalan gets £25m investment boost for store upgrades March 6, 2026 Clothing retailer Matalan has secured a £25m funding boost from its investors despite facing falling revenue and job losses last year, City AM can reveal. The firm’s core investor group – Invesco, Tresidor, Man Group and Napier Park – have committed the funding to accelerate the retailer’s plans to revamp its stores. The funding boost [...]
Royal London reports assets under management hitting record high March 6, 2026 Asset management giant Royal London reported assets under management reaching record highs in its latest annual results, boosted by buoyant equities market movements and a key acquisition. Assets under management (AUM) jumped to a record £199bn, up from £173bn the prior year, thanks chiefly to its recent acquisition Dalmore Capital, which brought in £6bn, and [...]
Treasury ignored DCMS gambling tax hike concerns before Budget raid March 6, 2026 Whitehall raised questions about the amount of money a gambling levy could raise before Chancellor Rachel Reeves pushed ahead with tax hikes in the Autumn Budget. A Freedom of Information request seen by City AM shows analysis by the Department of Culture, Media and Sport in response to proposals by the Social Market Foundation and [...]
How geopolitics is influencing investment March 6, 2026 The UK’s classification of AI as critical infrastructure is being paradoxically balanced by increasingly strict national security scrutiny on ownership, investment, and partnerships, introducing political risk into the innovation pipeline, says Claire Trachet Britain classified AI as critical national infrastructure last September, sitting it alongside defence, energy and telecommunications. At Davos this year, former UK [...]
‘You don’t need to be liked to be respected’: Advice for businesswomen from businesswomen March 6, 2026 The internet is full of generic business advice for wannabe entrepreneurs, but what about the specifics of being a woman in business?
Formula 1 presents creativity conundrum for brands and sponsors March 6, 2026 They know how to make noise in Formula 1. This week, motorsport’s premier championship explodes back into life across its ever-expanding media universe. Twenty-four high-glamour race weekends, driving peerless broadcast innovation. A mould-breaking, news-making Netflix docuseries. An official film starring Brad Pitt, the highest-grossing sports movie ever made and an Oscar nominee to boot. More [...]
Rain drives shoppers off high streets in blow to retailers March 6, 2026 This year’s record wet weather has kept Brits indoors and away from the high street, in a blow to retailers as they face growing costs. Retail footfall fell by 4.5 per cent in February year on year, down from January’s 0.6 per cent decrease, according to the British Retail Consortium (BRC). UK retailers are sounding [...]
Family businesses still face inheritance tax cliff edge March 6, 2026 Almost all of Britain’s family businesses still face major changes to inheritance tax despite a government concession to limit the damage of its decision to end the carve-out for family-run firms. According to a fresh poll, just one in 10 business owners believe they will not be affected by changes to inheritance tax first announced [...]