WWEX Group and Auctane Complete Merger, Creating Leading Logistics Provider ShipStation Global June 1, 2026 The combination creates the most comprehensive, AI-enabled logistics platform for small and mid-sized businesses
New mixed gender trophy introduced for coming Hundred season June 1, 2026 The Hundred will this season introduce a new team trophy as the franchise cricket tournament seeks to further expand its reach. The trophy, demonstrated at a kit launch at the Oval yesterday, will see men’s and women’s results combined, akin to a Formula 1 Constructors’ Championship that combines two driver performances. Fans will have the [...]
Inside Celonis, the German tech unicorn that won over a fifth of the FTSE 100 June 1, 2026 For a company valued at more than $13bn (£9.58bn), Celonis remains relatively unknown in Britain. Founded in Munich in 2011, the software company has become one of Europe’s most valuable private tech firms, with customers including AstraZeneca, ASOS, BMW and the UK Cabinet Office. The UK has become one of its three largest markets globally. [...]
Wise shares plummet as money transfer firm faces fraud investigation June 1, 2026 Shares in money transfer firm Wise have plummeted this morning as the fintech faces an investigation over allegations its accounts have been used for criminal activity. Prosecutors in Belgium opened an investigation last year after discovering Wise accounts had been flagged in hundreds of international criminal requests that spanned over 30 European countries. The transactions [...]
Deloitte and KPMG challenge PwC’s iron grip on FTSE 100 clients June 1, 2026 For the first time in nearly eight years, three of the Big Four giants, Deloitte, KPMG and PwC, are locked in a dead heat for FTSE 100 client dominance. A boardroom reshuffle has loosened PwC’s iron grip on clients from London’s blue-chip index, forcing a historic three-way tie at the top of the FTSE 100 [...]
UK music tech faces scale-up crunch as growth funding collapses June 1, 2026 Britain’s music tech sector is facing a scaling crisis, with funding for growth-stage firms collapsing by 90 per cent over the last five years despite the rapid rise of AI and growing investor interest in music licensing infrastructure. A new report from industry body Music Technology UK (MTUK) found investment into growth-stage music tech companies [...]
Neil Woodford criticises BP board for ousting ‘shouty’ chairman May 30, 2026 Once-renowned investment manager Neil Woodford has criticised the BP board for ousting its ‘shouty’ chairman after less than a year in post. Woodford called out the oil giant’s board for removing Albert Manifold after just eight months in the job, noting that he is the third chairman the company has been through in three years, [...]
Universal Music rejects Bill Ackman’s $65bn takeover bid May 30, 2026 Universal Music’s board has rejected billionaire Bill Ackman’s takeover proposal, arguing it “materially undervalues” the company and is ultimately not in the best interest of shareholders or artists. The company’s board unanimously rejected the $65bn (£48.3bn) proposal from Ackman’s Pershing Square Capital on Friday, as it offered to buy the world’s largest record company last [...]
IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC May 29, 2026 Transaction advances portfolio transformation, sharpens focus on higher-growth, higher-margin businesses, strengthens balance sheet, and enhances value creation for shareholders
Hutong looks to its roots with fiery Red Lantern Series at The Shard May 29, 2026 Hutong looks to its roots with fiery Red Lantern Series at The Shard Hutong is returning to the dish that first established the brand’s reputation with the launch of a new Red Lantern Series at The Shard. The Northern Chinese restaurant, located on the 33rd floor of London’s tallest building, has introduced six limited-edition dishes [...]