Revolut to IPO above $100bn, says former licence boss March 13, 2026 The man who steered Revolut’s pursuit of banking licences in its early stages has said he expects the fintech giant to make its public debut with a price tag north of $100bn. In an exclusive video interview with City AM, Will Mahon-Heap, the former head of international and authorisations at Revolut, said: “I think it [...]
Ambassador Suzuki: Britain and Japan are partners for security and prosperity March 11, 2026 Japan remembers the vital assistance and friendship Britain gave after the devastating earthquake 15 years ago today. Together our countries will face the global challenges of today, says Hiroshi Suzuki Today marks 15 years since the 2011 Great East Japan Earthquake and tsunami, which claimed over 19,700 lives and left over 2,500 people still unaccounted [...]
Kwasi Kwarteng: Labour ‘at risk’ without more tax rises amid bond jitters March 9, 2026 The government risks being plunged into crisis unless it prepares for another bruising round of tax hikes to cover sharp rises in energy subsidies, former chancellor Kwasi Kwarteng has warned. In an interview with City AM, Kwarteng said taxes could be put up as soon as November if the government pushes ahead with proposals for [...]
Oil importing markets’ share prices slide amid Iran energy crisis March 9, 2026 Oil importing markets across Asia and Europe suffered a sharp stock sell-off in early morning trading, after crude oil prices rocketed to their highest levels in four years amid the US-Israel war with Iran. The price of oil breached the $100 (£74.90) mark for the first time since the 2022 energy crisis, which was triggered [...]
Abramovich to fight UK Government over funds from £2.5bn Chelsea sale March 9, 2026 Former Chelsea owner Roman Abramovich has vowed to fight the UK Government if it follows through with a threat to seize the proceeds from his £2.5bn sale of the club. Prime Minister Keir Starmer warned Abramovich late last year that “the clock is ticking” on his pledge to donate the funds to victims of the [...]
Chinese-owned UK chipmaker still awaiting sale after government order March 9, 2026 More than a year after ministers ordered the sale of a Chinese-owned British semiconductor company on national security grounds, the deal has yet to materialise. Glasgow-based Future Technology Devices International (FTDI) remains majority owned by a Chinese state-backed consortium, despite the cabinet office directing investors to divest their stake in November 2024. The company was [...]
Fifa’s credibility is shot because it can’t decide what it wants to be March 6, 2026 Does Fifa want football to be pure sporting competition floating serenely above politics, or a global force for peace? Its current approach is dumbing down, writes Matt Readman. On 21 June 1998, Iran faced the United States at the Fifa World Cup in what was billed as the most politically charged football match in history. Fifa later declared it the match that “football [...]
How geopolitics is influencing investment March 6, 2026 The UK’s classification of AI as critical infrastructure is being paradoxically balanced by increasingly strict national security scrutiny on ownership, investment, and partnerships, introducing political risk into the innovation pipeline, says Claire Trachet Britain classified AI as critical national infrastructure last September, sitting it alongside defence, energy and telecommunications. At Davos this year, former UK [...]
English rugby is on brink of seismic change. It mustn’t fumble at the try line March 5, 2026 Ed Warner was part of the group that has recommended major changes to the way English rugby is governed. He explains why this is a generational opportunity. This is news overload time for English rugby. The men’s national team wilting twice in the Six Nations under weighty expectations, debate about the possible impact of head [...]
On this day: the nationalisation of the Bank of England March 1, 2026 The Bank of England Act 1946 came into effect 80 years ago today, formalising a compact and a degree of cooperation between the Bank and the Treasury which had been developing for years, writes Eliot Wilson The Bank of England is the second-oldest central bank in the world. Only the Sveriges Riksbank in Stockholm, which [...]