ILiAD Biotechnologies Announces $115M Oversubscribed Series B Financing to Advance BPZE1 Pertussis Vaccine February 10, 2026 Financing round led by RA Capital Management Proceeds to support Phase 3 development of BPZE1 with pivotal study to begin in 2026
BP shares down: What is going on at the oil giant? February 10, 2026 Once-dominant energy giant BP is running on empty as it curbs shareholder payouts and unveils fresh attempts to bolster its balance sheet. The London-based oil baron announced in its final results on Tuesday that it has suspended its share buyback programme and increased its cost-cutting goal as it looks to reverse its fortunes in the [...]
Kingswood Capital Management Enters Into a Definitive Agreement to Acquire Coveris’ Paper Unit, Rebrands as Paragon Print and Packaging February 10, 2026 Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has entered into a definitive agreement to acquire Business Unit Paper (“BU Paper”) from Coveris, a global manufacturer of paper and plastic packaging solutions. As part of the transaction, BU Paper will be rebranded Paragon Print and Packaging (“Paragon”), restoring the unit’s [...]
Barclays boss calls for political ‘stability’ as banker’s pay packet swells to £15m February 10, 2026 The boss of British banking giant Barclays has called for “stability” across the political landscape as the Labour government’s future faces uncertainty. CS Venkatakrishnan, the bank’s chief executive who is known as Venkat, faced questions on the turmoil in Number 10 after Barclays published its full-year earnings report. “From the point of view of businesses [...]
Dunelm eyes store expansion as Brits get the blues February 10, 2026 Dunelm is eyeing a major expansion of its store estate as the furniture and homeware store looks to claw more market share from rivals. Chief executive Clo Moriarty, who joined the firm from Sainsbury’s in October, told City AM the FTSE 250 firm had “identified a suite” of new locations and intends to “go after [...]
‘Crown jewel’ of Olympic Games memorabilia put up for sale at auction February 10, 2026 An ultra-rare winners’ medal from the first modern Olympic Games in Athens in 1896 is set to be sold at auction in Denmark next month. The silver gong – gold medals were only introduced in 1904 – is believed to be the world’s oldest Olympic medal and has an estimated value of 200,000–300,000 Danish kroner [...]
Barry Connell: I’m not going to big up my horses anymore, apart from Marine Nationale February 10, 2026 THERE aren’t many trainers like Barry Connell; a former hedge fund manager who used to combine his job with riding out six days a week. Born close to Leopardstown in south Dublin, Connell was in his 30s before he learned to ride, yet he notched over 30 winners in the UK and Ireland before taking [...]
Love, Actually… Comes With a Back-Up Plan: 30m Brits Saving for a Break-Up February 10, 2026 Brits over 25 hold more than £140bn in hidden break-up funds More than 17 million people (31%) are hiding a savings account from their partner An estimated 23 million adults (43%) are actively adding to their ‘independence funds’
Educating builders: Teaching entrepreneurship is good for the economy February 10, 2026 By Eduard Panteleev, Co Founder & Co CEO of ANNA Money One of the biggest issues with how we talk about business in the UK is that we rely on definitions that don’t make sense in real life. Take “small and medium-sized enterprises”, or SMEs, the term used to describe businesses with fewer than 250 [...]
FTSE 100 Live: BP tumbles on buyback suspension, Barclays profit boost February 10, 2026 Good morning and welcome back to the City AM liveblog. It was a rocky day for bond markets on Monday as political jitters rippled through the City. The 10-year gilt yield – a key benchmark for the government – rose as much as 10 basis points to 4.62 per cent following news that Scottish Labour [...]