Citi hit with £5m fine for violating UK sanctions on Russia September 2, 2026 Citi has been hit with a fine of nearly £5m after regulators found it violated the UK’s sanctions regime on Russia. The Wall Street giant’s London branch was found to have processed £19.7m in illicit transactions spanning 970 payments. The Office of Financial Sanctions Implementation (OFSI) ruled that, in one instance, Citi failed to freeze [...]
Ditch the ‘usual suspects’: Gov.uk founder urges Labour to look beyond Big Four consultants September 2, 2026 Labour has loudly pledged to slash taxpayer spending on external consultants. However, the founder of a City-based digital consultancy firm told City AM that the government still relies on private firms to plug operational gaps because the civil service previously “got rid of the wrong skills”. Ben Terrett, chief executive and founder of Public Digital, said the [...]
North Highland Names Chris Kido Global Head of Life Sciences September 2, 2026 Kido brings more than 25 years leading business and technology strategy and transformation for pharmaceutical, biotech, and medical device companies
Silence Therapeutics to Participate in Three September Investor Conferences September 2, 2026 Silence Therapeutics plc (Nasdaq: SLN), a global clinical-stage biotechnology company developing novel siRNA (short interfering RNA) therapies, today announced that management will participate in the following conferences and invited investors to participate by webcast. Cantor Global Healthcare Conference 2026 Fireside chat on Wednesday, September 9, 2026 at 10:55 a.m. ET H.C. Wainwright 28th Annual Global [...]
Ipswich, Hull and Coventry follow Sunderland blueprint for Premier League survival September 2, 2026 Promoted teams have followed Sunderland’s example and gambled big money on staying up after Ipswich Town, Hull City and Coventry City all ended the transfer window among the biggest net spenders. Manchester City, Chelsea and Tottenham Hotspur might have led the way in gross outlay but in net terms many of the biggest spenders were [...]
Moving Forward in Oman: Orascom, Samih Sawiris and Muriya Keep Building September 2, 2026 Orascom and Muriya press ahead across Hawana Salalah, Jebel Sifah and the US$90M+ As Sodah Island, signalling long-term conviction in Oman’s future, in step with Vision 2040.
The Works secures heavyweight backing in activist investor row September 2, 2026 The Works has secured the backing of a pair of heavyweight shareholder proxies in the discount retailer’s boardroom tussle with an influential activist investor. The stationary and crafts retailer has been locked in a row with Kelso, a London-listed investment firm, since the investor sought to force a director onto its board. Institutional Shareholder Services [...]
‘Large tax hikes on the way’: How the global bond rout is boxing in Healey September 2, 2026 Chancellor John Healey is likely to roll-out “large tax hikes” at this year’s Budget due to a rout in global bond markets pushing up the cost of government borrowing, economists have said. A jump in the 10-year gilt yield to the highest level since August 2007 could “further erode” the £22.7bn level of fiscal headroom [...]
Poundland owners rush to sell discount retailer before Christmas September 2, 2026 The owners of Poundland are racing to find a buyer for the discount retailer ahead of the all-important Christmas trading period, having already received interest from suitors. Gordon Brothers, who bought Poundland only a year ago, have appointed advisors Alvarez & Marsal (A&M) to sound out interest in the company after several parties approached the [...]
Credo Technology: The next big opportunity in AI? September 2, 2026 Those looking for the next big thing in a crowded field should look at Credo Technology, the company that provides the connective tissue that knits together AI data centres, writes Abdullah Cheref By June 2025, everyone chasing the AI boom seemed focused on GPUs. I was more interested in what connected them. Those chips are [...]