Businesses shed staff at ‘fastest rate since February’ December 3, 2025 Businesses laid off staff at the fastest rate in nine months as growth in the UK economy suffered a “renewed slowdown”, new data has indicated. S&P Global’s purchasing managers’ index (PMI) for November suggested growth marginally changed over the month, with researchers pointing the finger at pre-Budget speculation keeping bosses on edge. The composite PMI [...]
LumRisk Announces Strategic Reset and USD 5 Million Capital Commitment to Accelerate Its Transformation Toward an AI-Driven QIS and Multi-Asset Platform December 3, 2025 LumRisk today announced a major milestone in its evolution, with the approval and implementation of a comprehensive corporate reset. This includes the restructuring of legacy obligations and the reinforcement of the company’s balance sheet. These measures establish a strong foundation for a new phase of accelerated global growth across LumRisk’s core domains: Quantitative Investment Strategies [...]
Taiho Oncology Europe announces the launch of Lytgobi®▼ (futibatinib) in the United Kingdom for eligible adult patients with a previously treated subtype of locally advanced or metastatic cholangiocarcinoma1 December 3, 2025 Lytgobi (futibatinib) marks the first medicine launched by Taiho Oncology Europe in the UK2
Forget retail stores – watch collectors now hang at the clubhouse December 3, 2025 Just past De Beers on London’s Old Bond Street lies an anonymous-looking door. Look through to the lobby beyond it and you’d be forgiven for thinking it was an office block where boring admin-y things happen. In fact, if you take the lift up, the doors open to reveal a calm, cream space. To your [...]
The Debate: Should you get drunk at the Christmas work party? December 3, 2025 Should you get drunk at the Christmas work party? It's a question as old as time. We get the case for and against in this week's Debate.
Coremont Secures $40M Strategic Investment from Funds Managed by Blue Owl to Accelerate Innovation in Portfolio Analytics December 3, 2025 Coremont, a leading provider of real-time, multi-asset class portfolio management software and analytics, today announced a $40 million strategic growth investment from funds managed by Blue Owl Capital (NYSE: OWL), a leading asset manager with $295 billion in assets under management. The investment recognizes Coremont’s position as a critical infrastructure partner to asset managers, hedge [...]
Ramify Partners with ROYC to Enrich its Private Markets Offer Under Its Own Brand December 3, 2025 ROYC, the market-leading European B2B platform for sourcing, structuring, and distributing private-market investments, and Ramify, the next-generation private wealth management platform based in France, today announced a strategic collaboration enabling Ramify to broaden its private-markets offering through a curated range of high-quality private-market funds and programs. The partnership enables Ramify to distribute, and scale modern [...]
‘Why I’ve spent £50m to take my company global’ December 3, 2025 The chief executive of a travel company has revealed why he has decided to spend £50m on acquiring a Canadian counterpart. Steve Byrne, who leads Manchester-based Travel Counsellors, told City AM how his firm’s first international deal to buy The Travel Agent Next Door (TTAND) will help boost its growth on top of its planned [...]
Sheffield Wednesday: Joint bid could win £30m fight for crisis-hit club December 3, 2025 A number of the six bidders for Sheffield Wednesday are considering joining forces as competition to buy the Championship club hots up. Administrator Begbies Traynor has set an initial deadline of this Friday to begin exclusive negotiations with a preferred bidder, but with a number of credible offers on the table that timeline is likely [...]
Bank of England sounds alarm on leveraged hedge fund bond bets December 3, 2025 The Bank of England has sounded the alarm on international hedge funds snapping up record levels of UK government debt, warning that their highly leveraged bets leave Britain increasingly exposed to a bond market meltdown. In its biannual Financial Stability Report, the central bank said the large share of UK government debt held by risk-seeking asset [...]