Why has no one in the Cabinet run a business? February 3, 2026 It is in all our interests that politics remains an attractive proposition for people who have worked in business writes Kiki McDonough.
Exclusive: Olympian Matt Richards launches sports-tech platform Sponza February 3, 2026 Double Olympic champion swimmer Matt Richards has launched a new business that will help thousands of athletes find commercial backers. Sponza, Richards told City AM, has raised a six-figure sum at a seven-figure valuation ahead of its launch this week. The sports tech platform will allow athletes to connect with brands, with the aim of [...]
Disney streaming gains momentum as Hollywood pressure builds February 2, 2026 Disney beat Wall Street expectations in its latest quarter, buoyed by an unexpected improvement in its streaming business, despite rising costs hitting the entertainment industry. The media giant reported adjusted earnings per share of $1.63 for its first fiscal quarter, ahead of estimates of around $1.56. Revenue rose five per cent year on year to [...]
CAB Payments rejects ‘highly opportunistic’ Helios takeover bid February 2, 2026 London fintech CAB Payments has pushed back against another takeover proposal from African-focused private investment giant Helios. The firm – which was behind the “worst IPO of the year” in 2023 – has said the increased takeover proposal from a consortium led by Helios Investment Partners was “highly opportunistic” and undervalued the company’s future. Helios [...]
GB Snowsport chief: City execs should sponsor Winter Olympics athletes, and go skiing with them February 2, 2026 “If you know our British world champions, put up your hands,” GB Snowsport chief executive Vicky Gosling said at the organisation’s annual corporate bash last year. No one raised their hands. “And it’s really sad,” she tells City AM, “because [despite] no snow and mountain ranges, we have unbelievable talent.” Team GB head to the [...]
Wellcome Awards £5.3m Grant to Wysa February 2, 2026 Funding for digital mental health intervention for adolescent girls in India
Sussex CCC forced to prove financial stability after ECB loan February 2, 2026 Sussex County Cricket Club will need to prove their financial stability to the England and Wales Cricket Board after entering into an agreement with cricket’s governing body. The three-year financial framework agreement will see the county receive a points deduction ahead of the 2026 season, a suspended fine of £100,000, and a further suspended points [...]
‘Well done Petey’: Epstein advised Mandelson on $6m Deutsche Bank role February 2, 2026 Peter Mandelson sought advice from convicted paedophile Jeffrey Epstein on a possible job offer worth up to $6m from Deutsche Bank as part of a joint campaign to land the former business secretary lucrative roles in finance after Labour lost the 2010 election, newly released emails show. According to messages published by the US Department [...]
EY avoids judgment in £2bn case as Alvarez & Marsal reach ‘confidential agreement’ February 2, 2026 The mammoth legal fight against the Big Four giant EY over its auditing of a former London-listed health giant that collapsed amid fraud allegations has been withdrawn following a settlement. Private hospital operator NMC Health Plc collapsed in April 2020 after being placed into administration, and was delisted from the London Stock Exchange in the [...]
Alex Yee: Why Britain’s fastest marathon runner is sticking with triathlon February 2, 2026 Alex Yee insists he will keep following his heart and return to his first love, triathlon, despite the financial possibilities opened up by his breakthrough marathon performance last month. The two-time Olympic champion in swim-bike-run clocked 2:06:38 in Valencia in December, the second fastest 26.2-mile time by a Briton, behind only Sir Mo Farah. Yee [...]