Lansdowne Partners launches VC fund to scale UK innovation to global commercial success May 14, 2026 Lansdowne Partners has launched a venture capital fund focused on backing high potential UK companies emerging from the country’s world class university research base and start up ecosystem. The fund announces a first close of $150 million and will hold a second and final close in December, with indicated interest in excess of the fund [...]
Tormore Distillery’s renewed focus on fruit-forward whisky May 14, 2026 Whisky Business: City AM’s monthly look at the world of whisky. When it opened its doors in 1960, Tormore became one of the first new distilleries of the 20th century. Built by drinks conglomerate Schenley, it became known as the ‘pearl of Speyside’ thanks to its size and unique art deco design. Schenley wanted a showpiece, [...]
Revolut bags watchdog approval to beef up UK wealth offering May 14, 2026 Revolut has received the regulatory green light to bulk up its wealth management offering, marking one of its first major expansions in the UK after bagging its banking licence. The $75bn juggernaut’s trading arm has secured a Variation of Permissions from the City watchdog, which allows the firm to broadened the scope of regulated activities [...]
UK enjoyed surprise growth in March but economy ‘in for a rough ride’ May 14, 2026 The UK economy’s momentum continued as growth was higher than expected in March, official figures have shown, in what may precede months of expected gloom. The Office for National Statistics (ONS) has revealed that GDP growth was 0.3 per cent in March. This contributed to overall growth of 0.6 per cent in the first quarter. The [...]
Corona Global Named Most Valuable Beer Brand in Kantar BrandZ Rankings for Third Consecutive Year May 14, 2026 AB InBev Holds 8 of the Top 10 Most Valuable Beer Brands Globally
Labour has two visions for the economy, only one is even close to credible May 14, 2026 The Labour Growth Group is making the case for a capable state that builds while the Tribune Group is calling for fiscal rules, a wealth tax and unburdening themselves from the bond markets. Only one of these plans is serious, says Dr Valentin Boboc Following some disappointing local election results and building expectations of a [...]
Mark Kleinman: Could Wells Fargo bank on a megadeal with Barclays? May 14, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Could Wells Fargo bank on a mega-deal with Barclays? Now this really would liven up London’s M&A market. Since the turn of the year, the City rumour mill has persistently buzzed with talk of the biggest deal [...]
Labour ‘failing’ renters: Brits work for 133 days to pay landlords May 14, 2026 Today’s the day when Brits will finally stop working just to pay their landlords and start earning money for their own pockets, with 14 May the point in the year when the average tenant has brought in enough income to pay for a year’s accommodation. Known as the “cost of rent day”, it now arrives [...]
Housing market ‘still in grip’ of Iran war slump May 14, 2026 The UK housing market is “still in the grip” of an Iran war slump as higher mortgage rates and inflation fears weigh on buyer and seller demand. Brits are still holding back on buying homes as average house prices slip further, a market survey by the Royal Institution of Chartered Surveyors (RICS) has revealed. The [...]
King’s Speech: Under Labour, Britain looks like a bad bet May 13, 2026 Today’s King’s Speech offered no solutions, just a failing government doubling down on its mistakes, says Mel Stride The King’s Speech will not restore confidence. It will not tame inflation. It will not bring borrowing down. And it certainly will not convince markets that under Keir Starmer’s Labour, Britain has a government with a grip [...]