Britain is missing out on pharma investment thanks to medicine rationing December 3, 2025 A subtle version of fiscal drag has seen the amount the NHS is prepared to spend on treatments reduce in real terms, meaning patients are missing out on life-saving treatment and the economy is missing out on investment, says Gareth Lyon The UK government has spent decades testing the limits of just how far industry [...]
Rugby league club Salford Red Devils liquidated after 150 years December 3, 2025 Super League club Salford Red Devils have been liquidated, ending the club’s 152-year existence, amid debts of £4m. The club was wound up at a hearing at the Insolvency and Companies Court of the Royal Court of Justice in London on Wednesday morning after four adjournments at previous hearings. Salford Red Devils were taken over [...]
LumRisk Announces Strategic Reset and USD 5 Million Capital Commitment to Accelerate Its Transformation Toward an AI-Driven QIS and Multi-Asset Platform December 3, 2025 LumRisk today announced a major milestone in its evolution, with the approval and implementation of a comprehensive corporate reset. This includes the restructuring of legacy obligations and the reinforcement of the company’s balance sheet. These measures establish a strong foundation for a new phase of accelerated global growth across LumRisk’s core domains: Quantitative Investment Strategies [...]
TITAN Honored With ESG Transparency Award 2025 for Excellence in Disclosure December 3, 2025 TITAN Group (Brussels:TITC) has been recognized for setting a benchmark in transparent ESG reporting, earning the prestigious ESG Transparency Award 2025 from the EUPD Group, Europe’s leading market research institute. This marks the second consecutive year TITAN has received this distinction, with its score rising from 89% to 95%, reinforcing its reputation for openness, accountability, [...]
Toyota warns of ‘challenging road ahead’ after profit falls £100m December 3, 2025 The UK manufacturing arm of Toyota has warned “the road ahead may be challenging” after its profit slumped by more than £100m during its latest financial year. The division of the Japanese giant said the “uncertainties of the automotive industry and infrastructure to support vehicle type” were the main factors behind its pessimism. However, Toyota [...]
Powervault: London Mayor-backed Tesla battery rival collapses December 3, 2025 Battery storage firm Powervault, which had been tipped to become the UK rival to Tesla, has collapsed into administration, City AM can reveal. The London-based company, which had been backed by the Mayor of London’s Greater London Investment Fund as well as the British Business Bank, has appointed administrators Menzies to oversee its wind-down, according [...]
Record £60m day at Tattersalls December Mares Sale December 3, 2025 Sales totalling £60m saw the Tattersalls December Mares Sale break the European auction record for the highest grossing day of horse sales. Barnavara became the highest priced filly in the world this year when Sugar Whiskey Trading beat off rivals to realise a winning bid of 4.8m guineas (£5m), while Porta Fortuna was sold to [...]
Coremont Secures $40M Strategic Investment from Funds Managed by Blue Owl to Accelerate Innovation in Portfolio Analytics December 3, 2025 Coremont, a leading provider of real-time, multi-asset class portfolio management software and analytics, today announced a $40 million strategic growth investment from funds managed by Blue Owl Capital (NYSE: OWL), a leading asset manager with $295 billion in assets under management. The investment recognizes Coremont’s position as a critical infrastructure partner to asset managers, hedge [...]
The 68p lawsuit that threatened to upend the British bond market December 3, 2025 In 2023, the Financial Conduct Authority set out to modernise the bond market. A noble ambition. But as many seasoned City execs will tell you, noble ambitions from regulators don’t always work out how they were intended. The FCA proposed to introduce what’s known in industry jargon as a consolidated tape – a system which [...]
Meet the hip young watch collectors blazing a fresh trail December 3, 2025 Go to most watch collector hangouts and you’ll be faced with a gang of 50-something-year-old men who love nothing more than to obsess over rare references. I know that because I’m one of them. Well, I’m slightly younger, but you get my point. As far as most people are concerned, that’s what a watch collector [...]