Number of top rate taxpayers surges as frozen thresholds squeeze Brits April 29, 2026 The number of higher and additional rate taxpayers in the UK has soared since the start of the decade as frozen thresholds have dragged nearly two million into paying higher rates of tax despite not being classified as traditional high-paid professionals. According to the latest personal income statistics from HMRC covering the 2023/24 tax year, [...]
Trans-Atlantic bid for DCC sends £5bn energy firm to top of FTSE 100 April 29, 2026 London-listed sales and distribution services group DCC became the target of a new trans-Atlantic bid for a top-tier FTSE 100 firm on Wednesday, sending its shares soaring. The Dublin-based firm received an offer from famed US private equity house Kohlberg Kravis Roberts & Co, which linked up with Energy Capital Partners. DCC said it had received [...]
DP World Tour hits $300m sponsorship record after agreeing HCLTech deal April 29, 2026 DP World Tour sponsorship revenue is set to top $300m for the first time this year after the European professional golf circuit added HCLTech as a top-tier partner. The India-headquartered tech multinational has been named the tour’s official digital experience partner, with an initial focus on building a new website and app to improve fan [...]
Jet fuel shortage looms as government scrambles to secure supplies April 29, 2026 The government is scrambling to secure UK airlines’ emergency access to jet fuel as global shipments fall to their lowest level on record. Global shipments of jet fuel have fallen to their lowest level on record, as the blockage to the Strait of Hormuz threatens to suffocate supply to the world’s airlines. Under 2.3m tonnes [...]
UK cannot ‘outsource AI future’, says Netcompany boss April 29, 2026 The boss of Danish tech firm Netcompany has warned that Europe must build its own AI platforms, or risk handing control of its data to the US or China. André Rogaczewski, chief executive of Netcompany, told City AM that AI sovereignty is now a strategic issue for businesses and governments. “Technology is a battlefield”, he [...]
Creating space for culture in the Eastern City April 29, 2026 The Eastern City BID is delighted to announce the opening of Hypha x Eastern City Studios, a new gallery and events space at 130 Fenchurch Street. This previously empty retail unit has been transformed through a partnership with Aviva Investors and CO-RE, alongside specialist charitable partner Hypha Studios. The space will host a year-round programme, [...]
Newcastle United’s Saudi owners in town for stadium discussions April 29, 2026 Newcastle United’s Saudi Arabian owners are on Tyneside this week to discuss the future of St James’ Park and plans for a £100m boost. Whether the Premier League club redevelop their famous ground or build a new one in the adjacent Leazes Park remains a contentious point for the club’s ownership and fanbase. But a [...]
European Commission (EC) Approves Henlius and Organon’s POHERDY® (pertuzumab), the First Approved Biosimilar to PERJETA (pertuzumab) in Europe April 29, 2026 Shanghai Henlius Biotech, Inc. (2696.HK), and Organon (NYSE: OGN) today announced the European Commission (EC) has granted marketing authorization for POHERDY® (pertuzumab) 420 mg/14 mL injection for intravenous use, the first and only approved biosimilar to PERJETA (pertuzumab) in Europe, for all indications of the reference product.1 This press release features multimedia. View the full [...]
2026 World Cup prize money boosted as Fifa counts on $11bn revenue bonanza April 29, 2026 Fifa has topped up prize money for the 2026 World Cup after teams raised concerns about the cost of competing in a tournament that spans the US, Canada and Mexico. Football’s world governing body has approved an increase in total payouts from the $727m it announced in December to $871m, raising the guaranteed sum for [...]
Lloyds fires bank tax warning shot as industry ‘ripe for cash grab’ April 29, 2026 Lloyds Banking Group has warned the Treasury not to look at the banks for a tax raid as the industry sets its sights on booming profits in 2026. The FTSE 100 giant beat profit expectations by a cool £200m in the first-quarter after booking £2bn. This was also followed up by an upgrade to its [...]