GSK to acquire US biotech group for $2.2bn January 20, 2026 FTSE 100 giant GSK has reached an agreement to acquire US based biotech group Rapt Therapeutics. The deal values the company, which develops therapies for treating people with inflammatory and immunologic diseases, at $2.2bn (£1.6bn), and marks the first major deal for new GSK chief executive Luke Miels, coming just weeks after he took charge [...]
Office demand outstrips construction as new starts plummet January 20, 2026 New London office construction starts have fallen to their lowest level since 2004, just as businesses up their demand for workspace, says Joanna Hodgson On a frosty Wednesday last week, the famed panoramic view from north London’s Alexandra Palace, featuring a host of landmarks including the Shard and HSBC Tower, had an abundance of cranes [...]
US tax consultancy faces $12bn threat, but AI could deliver $19bn in gains January 20, 2026 New research suggests AI could drive a $7bn (£5.2bn) net increase in the US tax consulting industry if firms shift focus from routine compliance to high-value advisory. The report from Source Global Research revealed that despite the potential threat to revenue, over half of all US tax services are expected to be significantly powered by [...]
Amentum and Rolls-Royce SMR Partner on Building First Small Modular Reactors in the UK and Czech Republic January 20, 2026 Amentum (NYSE: AMTM), a global leader in advanced engineering and technology solutions, has been selected as the program delivery partner for the first deployments of the Rolls-Royce Small Modular Reactor (SMR). In the UK, Rolls-Royce SMR will deliver up to 1.5GW of low-carbon energy to the grid, supporting the UK’s net zero goals and creating [...]
Australian Open’s One Point Slam shows that merit still makes the best stories January 20, 2026 The Australian Open officially got under way this week, but the most talked-about moment of the year’s opening tennis slam may already be behind us. Before a ball had been struck in the main draw, a little-known tennis coach from Sydney, Jordan Smith, walked away with A$1m after winning the One Point Slam — a [...]
UK businesses should prepare for ChatGPT ads now January 20, 2026 ChatGPT ads have not reached the UK yet, but your business should act like they have, writes Paul Armstrong.
Financial services are not prepared for AI risks January 20, 2026 The Bank of England, the FCA and the Treasury must be proactive in protecting the system against this rapidly developing technology’s potential worst-case scenarios. If not, they are exposing the stability of the UK’s financial system to significant risks, says Meg Hillier It feels like discussion and debates about the AI revolution have reached fever [...]
Independent Football Regulator will use statutory powers to open club books January 20, 2026 The Independent Football Regulator says it will use statutory powers to open the books and assess the balance sheets of clubs across the English pyramid. The government quango, which has been up and running in its own right since November, has today published the proposed scope of its first in-depth analysis of men’s professional football [...]
Reeves to overhaul visa system for talented migrants in Davos pitch January 20, 2026 Chancellor Rachel Reeves is set to talk up new visa schemes aimed at highly-skilled migrants working in tech in a pitch to business leaders and top researchers gathered at Davos. Reeves is set to talk up the Labour government’s new immigration policies as she hopes to get the attention of some of the world’s richest [...]
Greg Jackson: London IPO a ‘no brainer’ if capital flows reverse January 19, 2026 Octopus chief Greg Jackson has said choosing London as the destination for the blockbuster IPO of tech spin-off Kraken would be a “no brainer” if the exchange maintains its world-leading performance in 2025 and demonstrates it can lure fresh capital into the UK. In the biggest signal yet that the firm may select London over [...]