Jeito Capital Bolsters Its Leadership Team With the Appointment of Elaine Caughey, MBA, as Partner, Business Development and Investor Relations, and Sarah Shackelton, MPA, as Partner, Talent May 5, 2026 Highly experienced partners bringing 25+ years of leadership across top-tier life-sciences investment fund, pharma and Biopharma companies, driving accelerated portfolio development With leadership experience at Blackstone Life Sciences (Deputy Chief Operating Officer), Biogen, (NASDAQ: BIIB), and public and private Biopharma companies (including Kymera Therapeutics (NASDAQ: KYMR) and Cygnal Therapeutics), Elaine Caughey will support portfolio companies in strengthening operational execution, defining robust market access pathways, and enhancing their strategic value through business development support, including partnerships and acquisition transactions. She will also draw on her knowledge of the investment ecosystem to strengthen relationships with investors for both Jeito funds and its portfolio companies Sarah brings deep strategic expertise from senior roles at leading Biopharma investment firms - including as Partner, Marketing and Talent at Abingworth and as Chief Talent Officer at Oxford Science Enterprises - and top executive search firms including Coulter Partners and Spencer Stuart. She will focus on building exceptional senior leadership teams and boards across Jeito and its portfolio, attracting the high calibre talent that powers company acceleration and scale
Channel 4 puts HQ up for sale as London footprint shrinks May 5, 2026 Channel 4 has formally placed its long-standing Horseferry Road headquarters on the market, as the broadcaster presses ahead with a major overhaul of its London footprint under new chief executive Priya Dogra. The move marks the broadcast giant’s latest step in a long-term transformation strategy designed to modernise the organisation, cut costs and reflect changing [...]
Local growth is not a zero-sum game May 5, 2026 Hubs like Oxford and Cambridge don't operate in isolation. Nurturing their growth will benefit Liverpool, Manchester and Sheffield too.
London Marathon ballots entries double in two years to record 1.34m May 5, 2026 The London Marathon has broken its own world record for applications after demand more than doubled in just two years. A total of 1,338,544 people entered the ballot for next year’s London Marathon, which opened just before this year’s race nine days ago. That number represented an 18 per cent year-on-year increase and more than [...]
Elon Musk settles lawsuit over Twitter takeover for $1.5m May 5, 2026 Tech tycoon Elon Musk has finally put one of his longest-running legal battles to rest after reaching a $1.5m (£1.2m) settlement with the US regulator. The US Securities and Exchange Commission (SEC) filed a civil lawsuit against the billionaire, alleging violations of securities laws in the run-up to his 2022 purchase of Twitter. Musk, who [...]
Palantir revenue rockets past forecasts May 5, 2026 Revenue at Palantir rocketed past analyst forecasts as the AI-powered firm ramped up commercial and government deals. The US tech firm posted revenue of $1.6bn (£1.2bn) in the first three months of the year, above investor expectations of $1.5bn and 85 per cent ahead of last year. The firm upped its revenue guidance to $7.6bn [...]
Vodafone takes full control of Three in £4.3bn deal May 5, 2026 Vodafone is to take full ownership of Vodafone Three for £4.3bn in the latest twist in the blockbuster merger between two of Britain’s largest mobile networks. The FTSE 100 telecoms giant said it will buy out the 49 per cent stake held by CK Hutchison, the Chinese owner of Three, to give it full control [...]
HSBC profit drops after Iran war and private credit charges bite May 5, 2026 HSBC missed its profit target in the first quarter of the year after the blue-chip lender booked a mammoth credit charge. The FTSE 100 giant – which boasts a huge £230bn market cap – recorded a pre-tax profit of $9.4bn (£6.5bn), missing the $9.6bn pencilled in by analysts. This figure is also down $100m on [...]
FTSE 100 Live: Gilt yields surge over Starmer fears; Intel, Pinterest shares rocket May 5, 2026 Good morning and welcome back to the City AM liveblog. Gilt yields have risen to their highest rate in nearly thirty years, as markets weigh up the prospect of an ousted Keir Starmer and lurch to a more left-wing government that might follow. The yield on 30-year government bonds rose 11 basis points on Tuesday [...]
Outernet CEO: Profiting from art shouldn’t be shameful May 5, 2026 The stigma of 'selling out' is unhelpful and outdated. Art and commerce have always coexisted, writes Outernet CEO Philip O'Ferrall.