Goldman and Intel back $5.4bn AI video startup August 17, 2026 Goldman Sachs and Intel have backed AI video maker Higgsfield in a $400m (£295m) funding round that has more than quadrupled the two-year-old company’s valuation since January. The fresh funding values the startup at $5.4bn, up from $1.3bn just eight months ago, as investors pile into companies looking to turn generative AI into products businesses [...]
JP Morgan boss issues bank tax warning to John Healey August 17, 2026 The boss of JP Morgan has issued a bank tax warning to John Healey as the Chancellor gears up to deliver his first Budget in October. Jamie Dimon, who has led Wall Street’s biggest bank since 2006, held a call with Healey on Thursday where the bank chief emphasised “getting public policy right” as crucial [...]
Activist investor accuses The Works chair of working from home – in New Zealand August 17, 2026 The activist investor locked in a boardroom battle with The Works has accused its chair of switching his residence to New Zealand and dialling in to crucial meetings. Kelso, a London-listed investment fund, is pushing to appoint a director of its choosing to the discount retailer’s board, but The Works has slapped down the move, saying it [...]
New Premier League rules could see £11bn invested into new stadiums August 17, 2026 Alan Sendorek explains why we are seeing a third revolution of football stadium development on these shores. The third football stadium revolution in England is underway. At least two-thirds of Premier League clubs, and a substantial number lower down the pyramid, have either recently completed a major stadium upgrade or have one planned. Everton and [...]
Back bookshops in bid to rebuild high streets, Burnham urged August 16, 2026 Leading authors have called on Andy Burnham to roll out emergency support to the UK’s small bookshops as part of his pledge to save Britain’s high streets. The bestselling writers, along with 200 booksellers, have written to the Prime Minister, urging him to set out a business rates relief package for bookshops as they contend [...]
Silence Therapeutics Announces Closing of Upsized Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional ADSs August 14, 2026 Silence Therapeutics plc, (Nasdaq: SLN), (“Silence” or the “Company”), a global clinical-stage biotechnology company developing novel short interfering RNA (“siRNA”) therapies, today announced the closing of its previously announced underwritten public offering of 14,907,407 American Depositary Shares (“ADSs”), each representing three ordinary shares of £0.05 each in the capital of the Company, in the United [...]
Lexus ES 350e Review: Is this the best electric executive car? August 14, 2026 For business leaders, corporate decision-makers and high-income professionals, an executive car needs to do more than take the scenic route through total chaos. It needs to make the journey easier, writes motoring journalist Tim Barnes-Clay. That could mean quietly hoovering up motorway miles between meetings, providing a comfortable haven while crossing London, or giving you [...]
Why did Pinterest choose Oxford Street for its new HQ? August 14, 2026 Pinterest is not a bricks and mortar business, nor is it explicitly a retail one. So why choose Oxford Street for its slick new home?
KSI to stream Dagenham and Redbridge games to his 19m YouTube followers August 14, 2026 Influencer KSI has secured permission to stream some Dagenham and Redbridge matches on his YouTube channel this season in a bid to grow the club’s popularity. KSI – 33-year-old Londoner Olajide Olatunji – acquired a stake in the sixth tier National League South club earlier this year shortly after they were taken over. The deal [...]
Reading FC bidder banned by financial watchdog for forging £170m bond portfolio August 14, 2026 Former Reading FC bidder Paul Taylor has been fined almost half a million pounds and banned from working in financial services for lying about his wealth. The Financial Conduct Authority issued the punishment today after finding Taylor guilty of using forged documents that purported to show he owned bonds worth around €200m (£171m). Taylor attempted [...]