Natwest hires top tech talent amid UK innovation push October 9, 2025 NatWest had doubled down on its support for the UK’s high-growth and innovation economy with two senior strategic hires in its newly formed venture banking team. Greg Brown has joined as head of venture capital coverage, and Kim Martin has stepped in as head of venture and growth finance, reflecting the bank’s renewed push to [...]
Tottenham owner’s £100m injection shows commitment, says club October 9, 2025 Tottenham Hotspur’s owner, the Lewis family trust, has injected £100m in a move the club says underlines its long-term commitment to Spurs. The extra cash will “further strengthen the club’s financial position and equip the club’s leadership team with additional resources to continue the focus on driving long-term sporting success,” Tottenham added. “This additional capital [...]
Saudi bigwig Turki Alalshikh hints at Manchester United investment October 9, 2025 Saudi bigwig Turki Alalshikh has hinted at the potential of fresh investment into Premier League club Manchester United. A cryptic message on X, formerly Twitter, overnight suggests the club is in the “advanced stage” of finding new capital, just 18 months since Sir Jim Ratcliffe purchased nearly 30 per cent of the Red Devils. The [...]
Burnley owners vow to run Espanyol separately after £113m takeover October 9, 2025 Burnley’s owners insist they will run Espanyol independently after completing a takeover of the Barcelona-based LaLiga club. Velocity Sports Partners, the investment arm of Burnley owner ALK Capital, confirmed today it has acquired Espanyol from Chinese businessman Chen Yansheng’s Rastar Group in a deal reported to be worth €130m (£113m). “Football has always belonged to [...]
Anthropic: UK staff get eye-watering sums at AI giant October 9, 2025 US AI giant Anthropic is paying its UK staff eye-watering financial packages as it attempts to build a foothold in this country. The business, which only launched in the UK at the start of 2023, increased its headcount from six to 43 in 2024 while its staff costs rocketed from £3.6m to £24m. Its wage [...]
Del Boy billionaire’s empire returns to profit after rescue deals October 9, 2025 The retail empire owned by the so-called ‘Del Boy billionaire’ and behind The Range and Wilko, returned to the black before rescuing the Homebase brand, it has been revealed. Chris Dawson’s Norton Group Holdings has reported a pre-tax profit of £10.5m for the year to 2 February, 2025, new accounts filed with Companies House show. [...]
Lloyds Bank set to increase motor finance provisions October 9, 2025 Lloyds Banking Group said on Thursday morning it would “likely… be required” to hike its motor finance provisions following further updates on the regulatory redress scheme. The FTSE 100 banking titan – which owns the UK’s largest motor finance lender Black Horse – currently leads the pack for £1.2bn in provisions. The Financial Conduct Authority [...]
FTSE 100 Live: Lloyds and HSBC stock tumble drags index into red October 9, 2025 Good morning from the City AM liveblog team. While the FTSE has been on a tear since the start of the year, there’s no denying that the glittering allure of gold is the real asset that investors can’t turn their eyes away from. A flurry of political drama across several major economies has reignited fears [...]
Off the menu: Domino’s is UK’s most shorted company October 9, 2025 Delivery franchise Domino’s Pizza is the UK’s most shorted public company despite the beleaguered franchise having launched a major buyback to prop up its share price last month. The FTSE 250 constituent’s shares are already languishing at a 10-year low as the firm battles to fend off a litany of headwinds including rising labour costs [...]
The Capitalist: Tories disco through decline, trouble at Harper Collins and Mishcon’s ‘party from hell’ October 9, 2025 Tory Conference, chaos at Harper Collins and Mishcon de Reya's "party from hell"; catch up on the latest gossip in this week's The Capitalist.