City sizes up mystery Mahmood July 17, 2026 Executives and business groups have begun sizing up Shabana Mahmood and her past policy positions as they search for ways to engage the woman tipped to become Andy Burnham’s Chancellor next week. The emergence of Mahmood, who hails from the right of the party and cracked down on immigration in her role as home secretary, [...]
Tiktok ‘confident’ ahead of Ofcom child safety probe July 16, 2026 Tiktok has insisted it is “confident” it complies with the UK’s Online Safety Act (OSA) after Ofcom launched an investigation into whether the platform is doing enough to stop children accessing harmful content. The watchdog is looking into whether Tiktok’s age verifictions meet the legal requirement to be “highly effective” at identifying child users after [...]
Burnham set for crunch decision on JP Morgan’s £10bn tower July 16, 2026 Andy Burnham’s government will face a crunch decision on the future of JP Morgan’s flagship tower in Canary Wharf as it weighs whether to uphold a major tax break for the project despite opposition from industry groups. The next Chancellor will serve as the final arbiter on the framework of a business rates exemption for [...]
Modon Holding and Nammos Hotels & Resorts Bring Nammos Ras El Hekma to Egypt’s North Coast July 16, 2026 Developed in partnership with Nammos Hotels & Resorts, the landmark Mediterranean destination will bring together branded residences, a luxury resort, restaurant and beach club, retail village, and signature dining and wellness experiences to Egypt for the first time.
Elliptic Launches Next-Generation Continuous Monitoring, Giving Crypto Compliance Teams a Live View of Customer Risk Without the Flood of Alerts July 16, 2026 The only monitoring solution on the market that detects the full range of risk-changing events, not just label changes, and lets teams configure alerts to only what matters, cutting manual rescreening and alert triage by up to 75%
Starmer’s final act will expose firms to more bogus equality claims July 16, 2026 In his final days, Keir Starmer has opened the door to employees being able to challenge pay differences between entirely different jobs if predominantly staffed by people of different races, and a tribunal determines those – entirely different jobs – to be of ‘equal value’. says Tom Harwood As Keir Starmer bows out after two [...]
The Capitalist: A Reeves speech or swan song? Dispatch from Mansion House July 16, 2026 Summer evenings with Rachel Reeves, Geoff Hurst and Keval Joshi; catch up on the latest gossip in this week's The Capitalist.
Options Technology Appoints Stephen Dorrian from Cboe Global Markets as Senior Vice President of Enterprise Data July 16, 2026 Options Technology, the leading provider of high-performance trading infrastructure and market data solutions, today announced the appointment of Stephen Dorrian as Senior Vice President, Enterprise Data. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260716325084/en/ Stephen joins Options from Cboe Global Markets, where he served as Head of Market Data and Access Services, [...]
Fourthline and Veridas Join Forces to Fight Identity Fraud with a Global Identity Platform July 16, 2026 Founded in Europe, now with global reach: backed by European investors and bringing bank-grade European compliance standards to markets worldwide Customer Value: A streamlined, end-to-end user experience that protects identity across the entire customer lifetime and helps customers grow revenue safely and compliantly. The Expected Result: Fourthline and Veridas are joining forces to create a global bank-grade identity platform: sovereign AI, modular compliance, and proprietary anti-fraud and biometric technology across Europe, Latin America, and the US. One trusted partner for end-to-end KYC, AML, and Identity compliance. Terms of Deal: Following completion of the merger, Veridas shareholders (including BBVA) will continue as shareholders in the combination, and the transaction will be partially funded by existing Fourthline investor Finch Capital and new investors including Rabo Investments, the captive investment arm of Rabobank. Expected close is in the second half of 2026, pending customary closing conditions including applicable regulatory approvals.
PwC slapped with multi-million fine for audit failures at FTSE 100 firm Babcock July 16, 2026 Big Four giant PwC and a former partner have been fined over £5.5m for the audit failures of London-listed engineering giant Babcock International. The Financial Reporting Council (FRC) issued disciplinary action against the firm and its audit partner, John Waters, following numerous serious audit breaches during the financial years 2019 and 2020 audits of the [...]