Vodafone says UK merger is ‘ahead of plan’ as boss bets on mega multi-brand strategy May 12, 2026 Vodafone said it is “building momentum” as the telecoms behemoth pushes further into the British market following its £4.3bn VodafoneThree deal and signs of stabilisation in Germany. The FTSE 100 telecoms group reported better-than-expected annual revenue of €40.4bn (£35bn) for the year to March, up from €37.4bn last year. Meanwhile, pre-tax profit slipped slighty to [...]
Voters – and markets – fear a lurch to the left under new Labour PM May 12, 2026 A majority of voters are worried that a change of Labour leadership would drag the government further left, as support grows for lower taxes and less public spending. The latest City AM/Freshwater Strategy poll of UK voters, conducted after the devastating council election results for Labour, also found 29 per cent of voters preferred Manchester [...]
Barclays and Lloyds shares sink as political storm puts banks in tax sights May 12, 2026 The UK’s banking giants led a major sell-off across the FTSE 100 this morning as a combination of political hazards hit the London stock market. Barclays was the top faller on the index shortly after market open, shedding over four per cent to 410.65p. Natwest was not far behind, also losing over four per cent [...]
Paymentology Raises $175 Million co-led by Apis Partners and Aspirity Partners to Support Next Phase of Growth May 12, 2026 Paymentology, the leading global issuer-processor, today announced a $175 million investment co-led by Apis Partners (”Apis”), a private equity firm specialising in financial infrastructure and services, and Aspirity Partners (“Aspirity”), a pan-European Private Equity firm focused on Financial Technology & Services and Enterprise Technology & Connectivity Services. The investment will support Paymentology’s continued global expansion, [...]
TCW Expands Global Fixed Income Platform with Launch of Global Bond UCITS Fund May 12, 2026 TCW, a premier global asset management firm, today announced the launch of the TCW Global Bond Fund, a subfund of TCW Funds, a Luxembourg-domiciled UCITS (the “Fund”), expanding the firm’s UCITS fixed income offerings and maximizing use of TCW’s full range of global bond capabilities. The Fund provides actively managed exposure to global fixed income [...]
AMP IT Announces New Funding Round to Scale Its Private EV Charging as a Service in Switzerland and Beyond May 12, 2026 AMP IT, a Geneva-based energy and mobility company, today announced the successful completion of a new funding round to accelerate the deployment of its private EV charging and energy management platform across Switzerland and international markets. Founded in 2021, AMP IT develops, finances, installs, and operates smart EV charging infrastructure for residential buildings, commercial real [...]
Exclusive: Ultimate Sevens franchise rugby project to announce Reebok deal May 12, 2026 The Ultimate Sevens franchise project will today announce Reebok as its title kit sponsor, City AM can reveal. The project – dubbed by some as the R360 of the rugby sevens world – will launch on Thursday with teams and players confirmed in London. The long-term plan will see franchises sold off, similar to other [...]
Netmore Announces Strategic Collaboration with Green Frog Asset Management and Sensational Systems to Deliver Smart Gas Metering Solution May 12, 2026 Fully managed AI-driven solution to be showcased at All Energy Expo 2026
SES Delivers Robust Q1 2026 Results & Reiterates Full-Year Outlook May 12, 2026 SES S.A. announces financial results for the three months ended 31 March 2026. Q1 2026 Performance (€ million) Q1 2026 as reported (1) Q1 2025 as reported (1) ∆ At constant FX (2) Q1 2025 like-for-like(3) ∆ At constant FX (2) Average €/$ FX rate 1.18 1.04 1.04 Revenue 847 509 +80.5% 909 [...]
Local elections were a death knell for two-party politics May 12, 2026 An era is distinctively over, but what takes its place, both in terms of who will lead the country and in the direction they will take, is far from clear, says Matthew Lesh “The old world is dying,” the Italian Marxist Antonio Gramsci said, “and the new world struggles to be born.” Last week was [...]