Herald trust saved after Saba and Aberdeen ink deal May 7, 2026 Aberdeen and US activist hedge fund Saba have reached agreement for the Scottish investment juggernaut to manage Herald Investment Trust, ending a years-long arm wrestle over the trust’s future. In an eleventh-hour deal that will save Herald from being wound down, Aberdeen will recruit eight of the fund’s staff – including fund manager Katie Potts [...]
New London rooftop bar will be biggest ever with 1,000 capacity May 7, 2026 Getting a reservation at London’s most famous rooftop bars can be difficult, especially with the better weather. New London rooftop bar Freight Brixton will attempt to remedy that issue with room for 1,000 at the open-air venue. The bar will offer drinking, dancing and dining, with DJs spinning funk, jazz and soul tunes throughout the [...]
Grosvenor estate: Ministers don’t get ‘basic economics’ May 7, 2026 The Duke of Westminster’s multi-billion pound estate has chided ministers for failing to grasp “basic economics” in their bid to tackle the housing crisis. Mark Preston, who represents the business interests of Hugh Grosvenor, the seventh Duke of Westminster and owner of a Mayfair property empire, said the government risks choking housing supply if it [...]
Silence Therapeutics Highlights Recent Business Achievements and Reports First Quarter 2026 Financial Results May 7, 2026 Phase 2 SANRECO trial of divesiran, a first-in-class siRNA for polycythemia vera (PV), on-track for topline results in August 2026
Tony Travers: London local election result could trigger housebuilding slump May 7, 2026 The result of the forthcoming local elections could trigger a further slump in housebuilding in the capital as a shake-up in council composition obstructs development plans. Voters head to the polls in every London borough today, with polling suggesting Labour is on course to shed dozens of seats and lose its grip on the capital, [...]
Titan SA: Trading Update – First Quarter 2026 May 7, 2026 Very strong start to the year with sustained robust profitability growth
Apis Partners Announces Final Close of $1.23 Billion Fund III, Double its Predecessor May 7, 2026 Fund III closes 23% above target, more than double Fund II Around 50% of capital raised from existing LPs increasing commitments Fund III to invest in tech-enabled financial infrastructure and services companies across Europe and growth markets
This accidental Finnish defence startup can teach the UK some lessons May 7, 2026 The UK is home to some of the world's most significant defence companies, but also its most inefficient procurement systems, writes Eliot Wilson.
How are prediction markets like Polymarket more accurate than Wall Street analysts? May 7, 2026 Prediction markets like Polymarket are more accurate than Wall Street analysts in forecasting corporate earnings, but it's not for the reason you think.
Local elections 2026: City awaits ‘significant’ event for Labour leadership May 7, 2026 City giants have warned today’s local elections will be “significant” for market pricing, with traders keeping a close eye on possible leadership moves made by the likes of Angela Rayner and Andy Burnham. Several financial behemoths have lined up to warn investors that results across the country over the coming days could be unusually important [...]