Hugh Osmond-backed restaurant group snaps up pubs to launch new brand March 6, 2026 The restaurant group backed by British businessman Hugh Osmond has bought four pubs for more than £11m as it launches a new brand. London-listed Various Eateries has bought the four sites – in the Cotswolds, Berkshire, Surrey and Hampshire – from Grosvenor Pubs and Inns for £11.5m. The group said “premium” pubs with rooms remain [...]
Grounds for expansion: Airwallex’s Europe chief bets on London in licence pursuit March 6, 2026 As payments giant Airwallex laid out plans to double down on Europe, they turned to a man with experience at a multi-billion dollar deposit holder. The $8bn cross-border specialist was looking for someone to steer the ship amid expansion plans across Europe but in that endeavour didn’t poach a veteran of Wall Street or the [...]
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 [...]