Musaffa Expands Faith-Aligned Investing With Their Global Halal Investment Platform for US Markets February 26, 2026 Musaffa, a leading fintech platform dedicated to Shariah-compliant investment research and Islamic Finance Education, recently announced the launch of its Global Halal Investment Platform. This new platform provides 600,000+ Muslim investors across 200+ countries with expanded access to US capital markets via regulated and scalable trading and investment infrastructure while embedding Shariah compliance directly into [...]
Sainsbury’s could slash 300 jobs in head office shakeup February 26, 2026 Retail giant Sainsbury’s could axe up to 300 jobs as it overhauls its tech and head office teams across its supermarket and Argos operations. The grocery is restructuring its technology and data unit into one dedicated team for Argos and two for Sainsbury’s. The firm, which employs around 140,000 people, announced it would cut 3,000 [...]
Ocado boss: We were naive to accept orders but US firms should have worked harder February 26, 2026 After its share price tumbled on Thursday morning, the boss of Ocado was given the chance to evade the blame for shuttered warehouses and job cuts. The retail tech group’s financial results set out easing losses and slowly climbing revenue. But it was the plans to cut 1,000 jobs – mostly at the company’s Hertfordshire [...]
Financial Times lays off staff as chief executive warns of ‘need for change’ February 26, 2026 The Financial Times has completed a round of layoffs, City AM understands, as the London newspaper’s new chief executive told staff of “the need for change” as part of an internal restructuring. Around a dozen roles across the paper’s Product and Tech department have been axed following a consultation process, according to internal communications seen [...]
Vanquis boss defends scrapping dividend as bank swings to profit February 26, 2026 The boss of Vanquis Bank has said he makes no apologies for a “conservative” approach to capital distribution as he launched a staunch defence of the group’s decision to axe its dividend for the second consecutive year. Ian McLaughlin, who took the helm at Vanquis in August 2023, said the bank’s “number one priority” was [...]
Brits push down house prices to dodge mansion tax February 26, 2026 House sellers are already pushing sale values below £2m in a bid to avoid the coming “mansion tax” on expensive homes. The high-value council tax surcharge (HVCTS) is not due to be implemented until April 2028 but estate agents Hamptons have found Brits are already taking steps to avoid the levy. The “mansion tax” charge [...]
WPP shares plunge after turnaround plan targets £500m of savings February 26, 2026 WPP has promised to make £500m of cost savings by the end of 2028 as part of a root-and-branch turnaround plan after suffering a halving of profit. The FTSE 250 firm’s new boss Cindy Rose told reporters she had already “identified multiple initiatives” to deliver on its ambitious savings commitment to help turn around a [...]
VC boss Anu Adebajo: I was told to temper my ambition. I’m glad I didn’t listen February 26, 2026 We dig into the memory bank of the City's great and good. Today, Anu Adebajo, CEO of Newton Venture Program, takes us through her VC career.
How HSBC and Standard Chartered are riding high on Asia’s wealth February 26, 2026 London’s banking giants are circling the UK’s wealth management pie. But two other top lenders could be carving out a feast 6,000 miles away. HSBC and Standard Chartered posted hefty bumps to their wealth divisions, driven by a strategic focus on Asia and the Middle East. In financial results shared on Wednesday, HSBC revealed bank-wide [...]
NBA Europe an exciting opportunity for Super League Basketball, says chair February 26, 2026 The NBA’s creation of new teams in London and Manchester for its planned European venture is “an exciting opportunity” for Super League Basketball, says interim chair Sanjay Bhandari. The two teams are expected to play in both NBA Europe and SLB, the top-tier domestic competition, potentially offering a major boost to the profile of the [...]