The London Tunnels joins JP Jenkins after ditching Euronext February 25, 2026 The company behind plans to convert a set of secret Second World War tunnels beneath the City into a major new tourist attraction has today joined private securities venue JP Jenkins after quitting Amsterdam’s Euronext. The London Tunnels Ltd, which was set up in 2023, floated on the Dutch exchange in 2024 in a bid [...]
Ticketmaster lobbies for UK resale price cap as critics warn of market squeeze February 25, 2026 Ticketmaster and its parent company, Live Nation, have been lobbying in favour of the UK government’s proposed cap on ticket resale prices, City AM understands, as ministers prepare legislation aimed at curbing ticket touting. The Department for Business and Trade (DBT) is considering limiting resale prices to between zero and 30 per cent above face [...]
Wayve raises $1.2bn as self-driving firm gears up for robotaxi launch February 25, 2026 British self-driving car company Wayve has raised $1.2bn (£950m), ticking its valuation up to $8.6bn and marking one of the largest capital raises for a UK AI startup. The funding round was led by Eclipse, Balderton and Softbank Vision Fund 2, with new backing from investors like Ontario Teachers’ Pension Plan, Baillie Gifford, the British [...]
Third of London homes cheaper to buy than to rent as prices fall February 25, 2026 More than a third of London homes are now cheaper to buy than to rent as house prices in the capital shrunk in the last year. The proportion of London houses which are cheaper to buy with a mortgage has doubled since last year, from 18 to 36 per cent, while still lower than the [...]
Luxfer Delivers Strong Full-Year 2025 Profitability and Cash Generation February 24, 2026 Portfolio focus and favorable mix drive sustained profitability, enhanced adjusted earnings growth and strong cash flow generation Fourth Quarter 2025 Highlights* Net Sales declined 12.3% to $90.7 million from $103.4 million, while Adjusted Net Sales1 declined 5.5% Net Income of $0.1 million, compared to $3.3 million, and $0.12 per diluted share, with Adjusted Diluted EPS1 of $0.28 down 3.4% from $0.29 Adjusted EBITDA1 of $13.0 million, declined 5.8% Continued execution of previously announced operational excellence initiatives, including the Riverside and Powders Saxonburg centers of excellence, expected to drive improved efficiency and generate approximately $6 million of long-term annual savings Full Year 2025 Highlights* Net Sales declined 1.9% to $384.6 million from $391.9 million, while Adjusted Net Sales1 increased 2.5% Net Income of $13.1 million, or $0.48 per diluted share, compared to $18.3 million and $0.68 per diluted share, with Adjusted Diluted EPS1 of $1.11, up 12.1% from $0.99 Adjusted EBITDA1 of $51.9 million, up 4.2% Delivered strong free cash flow of $26.2 million, reducing net debt to $31.1 million Enhanced portfolio quality and strategic focus following completion of the Graphic Arts sale * Comparative information is relative to prior-year fourth quarter and full year; results exclude discontinued operations 1 Note: Adjusted results exclude Graphic Arts and 2024 legal fee recoveries
Alkermes to Present at the TD Cowen 46th Annual Health Care Conference February 24, 2026 Alkermes plc (Nasdaq: ALKS) announced today that management will participate in a fireside chat at the TD Cowen 46th Annual Health Care Conference on Monday, March 2, 2026 at 9:10 a.m. ET (2:10 p.m. GMT). The live webcast may be accessed under the Investors tab on www.alkermes.com and will be archived for 14 days. About [...]
Jets has Some Scope to land Nicholls tenth Greatwood gold February 24, 2026 AS WE march relentlessly towards the Cheltenham Festival there are only a couple of weekends left to fill the coffers before the greatest four days on turf. With jumps action from Newbury, Doncaster and Kelso, there’s plenty to get our teeth into this Saturday and I think I’ve spotted a few nice ante-post propositions. Trainers [...]
Nicky Henderson: It’s 50-50, everyday I change my mind on Constitution Hill February 24, 2026 NICKY Henderson is no closer to making a decision on the next step for stable star Constitution Hill following his brilliant Flat debut win at Southwell last Friday. With Constitution Hill set to school over hurdles tomorrow, Henderson said: “I promise you, it is 50-50. Every day, I change my mind, but I think we’ve [...]
HOLYWATER TECH’s My Drama Debuts Wild Silence With Maksim Chmerkovskiy, Marking First TV Celebrity Turn in a Vertical Series February 24, 2026 Wild Silence signals the beginning of Chmerkovskiy’s acting career and debuts exclusively on the My Drama app on February 27
Paul Nicholls: British trainers in “better place” heading into Cheltenham February 24, 2026 PAUL Nicholls is confident that British trainers can challenge Ireland’s dominance at this year’s Cheltenham Festival, with the Ditcheat-based trainer suggesting Britain are going into Cheltenham “in a better place than we’ve been for the last few years”. Ireland won the Prestbury Cup by a huge 20-8 margin last year, but Nicholls believes the likes [...]