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 [...]
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 [...]
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 [...]
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 [...]
Labour’s holiday tax ‘will make staycations more expensive’ May 13, 2026 A leading trade body has attacked the government’s plans to push through a so-called holiday tax, which it says will make Brits’ staycations more expensive. Labour unveiled an Overnight Visitor Levy Bill as part of the King’s Speech, which provides the legislative framework for mayors to be handed the power to impose a tourism tax [...]
Coty “Supercharge with AI” Enterprise Upskilling Program Wins Newsweek AI Impact Award May 13, 2026 Recognized in the "AI Workplace: Best Outcomes, Employee Engagement" category 3,500 employees trained in 100 days Doubled AI adoption across Coty
Compass Pathways Announces First Quarter 2026 Financial Results and Business Highlights May 13, 2026 FDA granted Compass NDA rolling submission and review request, based on strength of Phase 3 data CNPV awarded for COMP360 in TRD, further accelerating momentum 26-week (Part B) data from COMP006, expected in early Q3 2026 Final NDA submission on track for Q4, aligned with Company’s previously defined accelerated timing to be launch ready by end of year Successful financing and warrant exercises resulted in strong cash position of $466 million at end of first quarter, providing cash runway well beyond launch and into 2028
Volkswagen Golf R: RIP to the ultimate hot hatch? May 13, 2026 A decade ago, when its Mk7 predecessor roamed the roads, the Volkswagen Golf R faced a plethora of hot hatchback rivals. These included the Ford Focus ST and RS, Honda Civic Type R, Peugeot 308 GTI, Hyundai i30 N and Renaultsport Megane. All have since been quietly euthanised and not replaced. The venerable Audi RS3 [...]
Is the Morgan Supersport the coolest car on the planet? May 13, 2026 Morgan has revealed its most powerful production car to date: the new Supersport 400. Launched as the new flagship for the British marque’s model range, the Supersport 400 is intended to signal a new era for Morgan. Along with traditional sports cars, Morgan plans to build a series of bespoke and limited-production vehicles. Launched last [...]
Investing in space tech is the new frontier May 13, 2026 After SpaceX, more investors are looking to the stars. Maisie Grice talks to the co-founder of Seraphim Space Investment Trust about investing’s final frontier Twelve years ago, investing in space technology was perceived as science fiction, but Mark Boggett saw an opportunity. While some investment trusts had fund allocation to companies investing in the technology, [...]