Ex-Lush chief’s lawyers hike costs to ensure their AI model isn’t trained by juniors June 16, 2026 Lawyers for the former chief executive of cosmetics giant Lush, Andrew Gerrie, have hiked their fees ahead of a trial this month, partly as they will not allow junior staff to train their AI model, City AM can reveal. A court heard this morning that Gerrie’s legal team from Brown Rudnick have pushed up a [...]
AIRS Medical Welcomes Strategic Growth Investment from TA Associates to Accelerate Global Growth in AI-Powered MRI Solutions June 16, 2026 Investment supports global expansion and continued innovation in AI-powered MRI technologies that help healthcare providers improve imaging efficiency, increase capacity and expand patient access
Brits urged to back UK pubs during World Cup amid booking surge June 16, 2026 Brits have been urged to support their World Cup team by getting down to the local pub amid a four-fold increase in bookings for England games. The UK hospitality sector is set for a 42 per cent sales boost across the group stages of the World Cup – with kick-off times in the US, Canada [...]
Clearlake Capital Closes on $14.8 Billion to Capitalize on AI-Driven Transformation and Continue Sector-Focused Investment Strategy June 16, 2026 Fund VIII Reflects Strong Global Investor Support for Clearlake’s Integrated Platform, Operational Value-Creation Model, and AI-Enabled Investment Approach
Co-Op and Next among firms launching workplace savings scheme June 16, 2026 A new employer-led coalition designed to help workers build emergency savings and boost financial resilience has launched, urging employees to save regularly in order to avoid unexpected financial storms. The National Coalition for Workplace Savings was launched on Tuesday, representing firms across a range of sectors including retail, hospitality and transport, all urging employees to [...]
Lyft bets black cabs and robotaxis can share London’s streets June 16, 2026 Lyft is preparing to bring Chinese robotaxis to London and believes autonomous vehicles will grow the capital’s transport market rather than replace its drivers. The Uber rival has claimed the arrival of self-driving vehicles would create a “hybrid network” of robotaxis and human drivers, as the American mobility giant expands its presence across Britain through [...]
Associated British Foods toasts approval for £75m Hovis takeover June 16, 2026 FTSE 100 giant Associated British Foods has been given the green light for a £75m takeover of Hovis, creating the UK’s biggest bread brand. Associated British Foods (ABF) has been cleared to snap up Hovis after the competition watchdog accepted that the foods giant would likely exit the bakery sector in Great Britain and Northern [...]
Record number of central banks plan to increase gold holdings amid global volatility June 16, 2026 A record number of central banks are expected to increase their gold holdings over the next 12 months as global volatility continues to rock markets. Nearly 90 per cent of reserve managers anticipate central bank holdings to continue rising in the wake of the precious metal becoming the top reserve asset, overtaking US government treasuries, [...]
Bank of England should hold interest rates, City AM Shadow MPC says June 16, 2026 The Bank of England should hold interest rates as inflation could stay above three per cent for several months, top economists have said. City AM’s Shadow Monetary Policy Committee, a group of leading economists who have provided responses independently of their respective organisations, said interest rates should be kept at 3.75 per cent. Economists warned [...]
AviadoBio Expands vMiX™ Precision Gene Silencing Platform Exclusive License Agreement with King’s College London Beyond Neurological Diseases to All Human Therapeutic Areas June 16, 2026 vMiX™ is a vectorized RNA interference (RNAi) platform combining knockdown, cell-specific expression with the flexibility to target multiple genes Update follows recent positive AVB-406 preclinical data presented at ASGCT, supporting the broad therapeutic potential of the vMiX platform including initiation of clinical trials in 2026