It’s time savers benefited from Britain’s scale-up success September 16, 2026 Growth in every postcode won’t help Brits if the proceeds are invested abroad, says Saul Klein As a serial entrepreneur, operator and investor I’ve noticed that Britain has a habit of talking itself down, even when the evidence tells a different story. Across the UK, from King’s Cross to our regional innovation clusters, we have [...]
Chemify Becomes the First Chemistry Hyperscaler with £22 Million in Grants from Scottish Enterprise and the UK Government September 16, 2026 Next-generation Chemifarm more than doubles Chemputation capacity, enabling hyperscale chemistry and materials discovery New Chemify Genesis system enables world-model-guided chemical design and closed-loop discovery Series B extension and grants bring total funding to ca. £110 million ($150 million)
Wandsworth Council plans 94 per cent tax rise after Rayner’s cuts September 16, 2026 Wandsworth Council has announced taxes will rise by 94 per cent for Band D residents after local leaders hit out at the government for cutting funding by £84m a year. The local authority, regularly dubbed Margaret Thatcher’s favourite council because of its historically low-levels of council tax, will make Band D council taxpayers stump up [...]
BGC Group raises record amounts at charity day amidst decline in corporate giving September 16, 2026 BGC Group raised a record $16m globally for its annual BGC Charity Day last week, bringing the firm’s total to $250m over the fundraiser’s 22-year history. Established in memory of the 658 colleagues at Cantor Fitzgerald, BGC Group’s former parent company, who lost their lives on 9/11, the day invites global entertainment and sport celebrities [...]
Aqara Announces the Availability of The Spatial Multi-Sensor FP400, Offering Advanced Spatial Intelligence for Smart Homes September 16, 2026 Aqara, a global leader and pioneer in IoT, today announced the release of the Spatial Multi-Sensor FP400. The FP400 is designed to bring precise, spatial intelligence to homes without sacrificing the privacy typically compromised by smart cameras. Rather than simply detecting motion or presence, the FP400 enables homes to better understand occupancy, movement, and context [...]
WH Smith warns on profit again as discounting hits margins September 16, 2026 WH Smith has cut its profit target again after warning that intense discounting and “inflation headwinds” are hitting its bottom line. The convenience retailer had initially told investors it could make as much as £105m in pre-tax profit this year, before slashing the target to between £75m and £90m. On Wednesday, the group reduced its [...]
Barratt Redrow shares soar after UK’s biggest housebuilder trims targets September 16, 2026 Shares in Barratt Redrow soared after the housebuilder, the UK’s largest, trimmed its targets to deal with the “challenging” outlook that has faced the sector since the Iran war broke out. The FTSE 100 housebuilder said it is cutting back on spending and slashing costs to keep up with the surging building costs and slump [...]
As it happened: FTSE 100 rises after inflation jump; oil supply in focus September 16, 2026 Welcome back to the City AM liveblog. UK inflation has seen a fresh spike to 3.1 per cent in August, up from 2.9 per cent the month prior. The fresh print comes as Brent crude – the international benchmark for oil – holds around the $108 per barrel mark, near four-month highs. Industry data managed [...]
Clean up or lawyer up: The FCA’s culture war gets real September 16, 2026 With the City watchdog empowered to penalise non-financial misconduct and fresh off a win at the Upper Tribunal, lawyers now expect to be flooded with work from businesses that are grappling with the focus on culture, as bullying, harassment, and serious misconduct are no longer just HR matters, writes Maria Ward-Brennan. The Financial Conduct Authority [...]
Shadow Chancellor: 200,000 jobs have already been lost under Labour September 16, 2026 Labour’s economic policies are damaging the UK economy and driving up unemployment – only Conservatives can restore growth, says Andrew Griffith If the UK economy were a malfunctioning car, the dashboard would be lit up like a Christmas Tree. This morning’s labour market figures are the latest set of accounts for Labour’s economy, and I [...]