Sky Sports sign £1bn Formula 1 deal to freeze out Netflix and Apple May 6, 2026 Sky Sports have moved to secure Formula 1 rights in a £1bn deal that freezes out Netflix and Apple. The rights upgrade sees the partnership between the British broadcaster and global motorsport series extend an existing deal that already ran to 2029 through to 2034. Sky became the home of Formula 1 in 2019. The [...]
Griffin’s Citadel to swerve New York after mayor’s wealth tax campaign May 6, 2026 Hedge fund juggernaut Citadel has diverted investment earmarked for New York to its Miami headquarters, founder Ken Griffin has said, after the city’s socialist mayor filmed a video promoting a new ‘pied a terre’ wealth tax outside the billionaire’s $285m penthouse. Griffin told CNBC that because of mayor Zohran Mamdani’s social media clip, his $67bn [...]
Fifa defends World Cup ticket prices: ‘We had to apply market rates’ May 6, 2026 Fifa president Gianni Infantino has defended the price of tickets at this summer’s World Cup, insisting football’s world governing body “had to apply market rates”. Tickets for the tournament are the most expensive in its history and have triggered a wave of criticism, including a formal complaint from a fans’ group to the European Commission. [...]
FTSE 100 banks are facing £2.5bn of headwinds – HSBC and Barclays are in the firing line May 6, 2026 The FTSE 100’s Big Five banks toasted a healthy profit stash in the first-quarter, but, says Samuel Norman, storm clouds are gathering on the horizon for the sector. The London market’s five biggest banks swallowed a bitter cocktail of economic risks in the first three months of the year leaving a bumper cash haul overshadowed [...]
City watchdog probes Mastercard, Visa, Paypal for alleged anti-competitive conduct May 6, 2026 The City watchdog has confirmed it is investigating a trio of payments giants over alleged anti-competitive conduct. The Financial Conduct Authority (FCA) will probe Mastercard, Paypal and Visa under the Competition Act 1998 regarding its suspected conduct related to the “funding and usage” of Paypal’s digital wallet. Paypal’s digital wallet is an app-based system that [...]
Options Technology Appoints Larry Leibowitz as Chairman of The Board May 6, 2026 Options Technology, the leading managed IT services and technology solutions provider, today announced Larry Leibowitz to Chairman of its Board. Leibowitz, who joined the Board in June 2023 as an independent director, assumes the Chairmanship as Options continues to accelerate its growth across key financial centres worldwide. This press release features multimedia. View the full [...]
WH Smith successor to shut 150 stores in ‘aggressive’ restructuring May 6, 2026 The owner of WH Smith’s former high street stores is set to shut as many as 150 of them as part of an “aggressive” overhaul which will put jobs at risk. Modella Capital bought the stationer’s 480 high street stores for £40m last year, and is now set to shut more than a quarter of [...]
Cinema chain Vue eyes blockbuster £1.5bn sale or listing May 6, 2026 Vue is bringing in bankers to oversee a float or sale which could value the cinema titan at as much as £1.5bn, according to reports. The British cinema chain, helmed by Canadian founder Tim Richards, has been interviewing banks in recent days as it pencils in the formal appointment of advisors later this year. Vue [...]
CellCentric Announces Oversubscribed $220 Million Series D Financing to Advance Pivotal Trials of Inobrodib in Multiple Myeloma May 6, 2026 Proceeds to support registration-enabling trials, DOMMINO-1 and DOMMINO-2, and continued development of the first-in-class p300/CBP inhibitor Financing led by Venrock Healthcare Capital Partners, with participation from Fidelity Management & Research Company, Sofinnova Partners and HBM Healthcare, alongside existing investors RA Capital Management, Forbion, Pfizer, Avego BioScience Capital and American Cancer Society BrightEdge
Who Gives a Crap: The toilet roll tycoon making a splash May 6, 2026 Simon Griffiths founded Who Gives a Crap toilet paper with the philanthropic aim of ensuring everyone has access to a clean toilet. He has raised £11m so far, but Griffiths tells Felix Armstrong that’s not nearly enough “I was always an entrepreneurial kid at school,” Simon Griffiths says, as he explains the complex process of [...]