Starmer drama: Traders bet against UK as short-selling on pound and banks surges May 14, 2026 Traders are betting against the UK as the political storm in Westminster continues to send jitters through asset markets. The pound has tumbled to a two-week low against the dollar, clinging onto the $1.35 mark on Thursday morning. Meanwhile, figures from IG revealed that short-positioning on the pound-dollar, a bet that the price will further [...]
Crispin Odey settles sexual assault claims ahead of trial May 14, 2026 Former hedge fund tycoon Crispin Odey has settled a string of sexual assault allegations brought against him just weeks ahead of a trial that was due next month. Odey had faced five personal injury claims against him brought by women who accused him of sexual assault. But he has settled four of the claims before [...]
Tanium’s Converge World Tour Returns to London to Explore the Future of Autonomous IT May 14, 2026 Flagship European event brings together IT and security leaders for keynotes, real-world customer insight and the first European showcase of Tanium Atlas
Lansdowne Partners launches VC fund to scale UK innovation to global commercial success May 14, 2026 Lansdowne Partners has launched a venture capital fund focused on backing high potential UK companies emerging from the country’s world class university research base and start up ecosystem. The fund announces a first close of $150 million and will hold a second and final close in December, with indicated interest in excess of the fund [...]
European Aerospace, Defense Firms Advance Modernization May 14, 2026 Companies innovate with AI and new approaches to engineering and operations, ISG Provider Lens® report says
German football giants plan biometric stadium entry in place of tickets May 14, 2026 Borussia Moenchengladbach are planning to become one of the first European football clubs to use biometric access technology in place of tickets. An increasing number of US sports venues now offer facial recognition or palm vein scanning as a way of speeding up entry and even buying food and drink or merchandise. In the few [...]
Tormore Distillery’s renewed focus on fruit-forward whisky May 14, 2026 Whisky Business: City AM’s monthly look at the world of whisky. When it opened its doors in 1960, Tormore became one of the first new distilleries of the 20th century. Built by drinks conglomerate Schenley, it became known as the ‘pearl of Speyside’ thanks to its size and unique art deco design. Schenley wanted a showpiece, [...]
Charging up: National Grid to invest a further £70bn into energy networks May 14, 2026 National Grid has confirmed its commitment to invest an additional £70bn across the next five years into energy networks across the UK and US, as it continues its pivot towards becoming a net-zero energy system. The FTSE 100 company doubled down on its ambition to invest in energy infrastructure in its latest financial results, which [...]
Burberry swings back to profit after cost-cutting regime May 14, 2026 Burberry has returned to profit as it hails a “meaningful inflection point” in its turnaround, following drastic job cuts and savings drives. The FTSE 100 fashion house took £49m in pre-tax profit in the year to March, marking a recovery from its £66m pre-tax loss in the year prior. The brand has pivoted towards “timeless [...]
Fifa’s World Cup model is grotesque and will drive away credible future hosts May 14, 2026 The FA and other potential future World Cup hosts should take Fifa to task over an event model that makes no sense for rational bidders, says Ed Warner. Great news! It’s just got cheaper to get to the World Cup. NJ Transit has slashed the price of a return train from Penn Station to the [...]