UK fintech Allica Bank looks to crack European market August 31, 2026 Allica Bank is laying the groundwork to expand into the European market after becoming one of the fastest-growing fintech unicorns in the UK. The small business lender has applied for a banking licence in Sweden initiating its first move into a new market beyond its homeland. The submission to the Swedish Financial Supervisory Authority, known [...]
Oil price climbs above $90 as Iran says US diplomacy ‘isn’t possible’ August 31, 2026 The price of oil is creeping higher after the US launched strikes at Iranian rocket launchers that were reportedly preparing to lay mines in the Strait of Hormuz. Brent crude – the international benchmark for oil prices – climbed towards $91 per barrel after strikes from the US marked the first exchange of fire in [...]
Scheffler dethrones Woods as PGA Tour all-time top earner after 26 years August 31, 2026 Scottie Scheffler has ended Tiger Woods’s 26-year reign at the top of the all-time PGA Tour prize money list after winning the season-ending Tour Championship. Scheffler’s three-shot victory at East Lake clinched the FedEx Cup and earned the world No1 $10m, taking the 30-year-old’s career total to more than $130m. Woods congratulated Scheffler in a [...]
Shein shapes up for cut-price IPO as dominance slows August 31, 2026 Shein will list in Hong Kong this week in a cut-price initial public offering following two previous failed attempts in London and New York. The Chinese retailer will begin trading in Hong Kong on Tuesday in a debut set to value the firm at around $27bn (£19.8bn), about a quarter of its highest private-market valuation. [...]
Jaguar reveals the Type 01’s screen-free interior August 31, 2026 Jaguar has revealed the interior of its new Type 01 electric GT ahead of its October debut, with a four-seat cabin, panoramic glass roof and technology designed to disappear into the car. Jaguar has revealed the interior of its new Type 01 electric GT, giving the clearest look yet at the car that will lead [...]
Prince Harry’s courtroom defeat could drive up legal insurance premiums August 30, 2026 Prince Harry’s High Court defeat to the owner of the Daily Mail could send legal insurance premiums soaring, experts have warned, after the Duke and six other high-profile figures were left on the hook for an uninsured bill of £19m. The Duke of Sussex, Sir Elton John and his husband, David Furnish, actresses Liz Hurley [...]
Xenom: Hyrox and CrossFit mash-up backed by tech moguls set for London bow August 28, 2026 Fresh from providing the backdrop to elite padel’s London debut, Kensington Olympia is playing host this weekend to another sport with a rising participation base: Xenom. Xenom has been dubbed “Hyrox for CrossFitters” – like Hyrox, it has a set format designed to test many of the attributes honed in CrossFit and other functional fitness [...]
Venture heavyweights denounce government’s £1bn scale-up fund plans August 28, 2026 The government’s flagship £1bn scale-up fund will miss out on top deals and chalk up poor performance for its pensioner investors should ministers select a traditional firm to manage it over a specialist venture capital shop, a group of the UK’s top early-stage investors has warned. The industry heavyweights, who between them are early backers [...]
Asda in ‘foothills of recovery’ as grocer returns to growth August 28, 2026 Asda has posted sales growth for the first time in more than two years, marking a “major milestone” in the turnaround led by Allan Leighton on his comeback at the grocer. The discount supermarket saw like-for-like sales excluding fuel grow by 0.2 per cent in the seven weeks to mid-August. Like-for-like food sales jumped by [...]
October Budget could be a ‘tipping point,’ Asda boss warns Burnham August 28, 2026 Andy Burnham’s first Budget in October could be a “tipping point” for British businesses and the economy, the chair of supermarket giant Asda has warned. Allan Leighton, who is attempting to push through a turnaround of the grocer, said it is “too early to tell” whether the government is committed to halting the rise of [...]