Ridgeview Partners Announces Recommended Acquisition of Pinewood Technologies Group plc August 19, 2026 Ridgeview Partners LLC (“Ridgeview”), a growth-oriented technology private equity firm, today announced that U.K. Piston Bidco Limited (“Bidco”), a newly-formed company indirectly owned by entities administered by Ridgeview, has reached an agreement with the board of directors of Pinewood Technologies Group plc (“Pinewood.AI” or the “Company”), the leading cloud-based, AI-first, full-service technology provider to automotive [...]
Mbappe-backed brand set for London store in Harrods August 19, 2026 A firm which counts Kylian Mbappe as one of its shareholders will this week open a store at London shopping stalwart Harrods. German technology firm Loewe – which counts Mbappe’s family office as minority stakeholder – will have a space at the Brompton Road department store as the firm looks to expand its footprint. Chief [...]
Incoming FRC chair sits on board of construction group facing criminal probe August 19, 2026 The woman in line to become chair of the Financial Reporting Council (FRC) sits on the board of a company currently under criminal investigation, City AM can reveal. Dame Jayne-Anne Gadhia was named by the government last month as the next chair of the accounting watchdog and is set to take over in September when [...]
OKX Card Usage Surges Across Europe as Crypto Moves Into Everyday Spending August 19, 2026 OKX Card purchase volume rises 280% year over year as European customers increasingly use digital assets for groceries, transport and other everyday expenses
Inflation leaps to 2.9 per cent in blow to Burnham August 19, 2026 Inflation has leaped up following the reset of the energy price cap, official data has revealed, marking the likely beginning of a long run of increases in price growth. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation [...]
Twomey’s Trean the bet in the Acomb August 18, 2026 DAY ONE’s Group Three Acomb Stakes (2.25pm) is the first pattern contest of the week, and is set to see a field of 11 runners going to post. Ballydoyle, unsurprisingly, have the current favourite in the form of Haffner who arrives having just been touched off in the Group Two Vintage Stakes at Goodwood. He [...]
Diageo boss ‘drastic’ Dave Lewis eyes £20m pay deal as 2,000 jobs slashed August 18, 2026 Diageo boss Sir Dave Lewis could take home as much as £20m in pay for the next year, it has emerged, while the drinks giant sheds 2,000 staff. The chief executive of the Guinness and Smirnoff maker could make as much as £20m in the year to June 2027, though he is more likely to [...]
Five tracks that could host Formula 1 in coming years August 18, 2026 Any country that is any country wants to be part of a coveted club, to be a host of a Formula 1 race weekend. The 2026 season would have seen 21 countries sharing 24 races – altered to 23 races in 20 countries due to the conflict in Iran – meaning a smidge over 10 [...]
Law firm at centre of BHP mammoth lawsuit sued by its own funder August 18, 2026 City law firm Pogust Goodhead is facing an £84m lawsuit from its own funder over a dispute related to its high-profile case: the record-breaking group action against mining giant BHP. The firm, formerly known as PGMBM, recently secured a major victory in one of the largest legal actions ever heard in the English courts. Last [...]
KX Appoints James Hollands as Chief Revenue Officer, Strengthening Capital Markets Leadership Team August 18, 2026 KX, the data intelligence platform built for capital markets, today announced the appointment of James Hollands as Chief Revenue Officer (CRO). His appointment builds upon a series of strategic executive additions that strengthen the company’s capital markets expertise as financial institutions accelerate investment in AI, real-time data, and next-generation market infrastructure. Hollands joins KX following [...]