Peter Mandelson should return five-figure payoff after being sacked, says minister February 8, 2026 A Cabinet minister and key ally of the Prime Minister has said Peter Mandelson should return the payoff he bagged after being sacked as the UK’s ambassador to the US. Work and Pensions Secretary Pat McFadden told Sky News Mandelson should “give [the payoff] back or give it to a charity, perhaps one involving violence [...]
NatWest nears £2.5bn Evelyn Partners takeover February 7, 2026 NatWest Group is closing in on a £2.5bn takeover of Evelyn Partners, in what would be its biggest corporate acquisition since the bank’s taxpayer bailout in 2008. NatWest Group is in advanced talks to buy the wealth manager from its private equity owners, Sky News reported on Saturday, after seeing off competition from Barclays in recent days. An announcement [...]
Car finance compensation could be the spend signal that boosts the economy February 6, 2026 When consumers receive cash that corrects a past wrong, they use it to replace cars, clear household bills, book holidays and support small businesses. That spending ripples through the economy far faster than most top-down interventions, says Brandon Lewis When bankers were finally forced to confront the true scale of the Payment Protection Insurance (PPI) [...]
Introducing RAVE Aerospace: A New Name, Built on a Legacy of In-Flight Innovation February 5, 2026 Kingswood Capital Management completes acquisition of Safran Passenger Innovations and unveils the new RAVE Aerospace name, reflecting the company’s strong heritage of innovation and positioning it for the next phase of growth
Mark Kleinman: South East Water’s excuses have run dry February 5, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column South East Water’s excuses have run dry How the water industry could do with the raising of a Mervyn King eyebrow. While governor of the Bank of England in 2012, Lord King defenestrated Bob Diamond as [...]
Barclays and Natwest set for bidding war in race to beef up wealth arms February 4, 2026 Barclays and Natwest are set for a bidding war as the banks prepare to make their play to snap up Evelyn Partners amid the race to beef up wealth management arms. The blue-chip lenders are both gearing up to table offers of over £2bn for the London-based wealth manager. A successful takeover would help enhance [...]
Shell chief reportedly set for £4.5m pay boost February 4, 2026 The boss of Shell will reportedly receive a multimillion-pound remuneration incentive, with the firm poised to reveal a new boardroom pay policy. According to reports, the firm’s chief executive Wael Sawan would pocket at least £4.5m more each year. Sky News‘ Mark Kleinman has reported that investor sources have revealed a long-term incentive stock reward [...]
The best picks for the Ultimate Valentine’s Weekend February 3, 2026 The secret to a truly romantic Valentine’s Day isn’t just the destination, but the unforgettable moments and meaningful experiences you share. With the holiday falling on a weekend this year, London is brimming with exceptional options for every kind of couple. Whether you’re seeking high-energy fun or a sophisticated escape, Central London Alliance has curated [...]
Why has no one in the Cabinet run a business? February 3, 2026 It is in all our interests that politics remains an attractive proposition for people who have worked in business writes Kiki McDonough.
‘They don’t bring anything’: World Cup boycott talk rebuked by Fifa chief Infantino February 2, 2026 Fifa president Gianni Infantino has rubbished talk of nations staging a boycott of the 2026 World Cup over President Trump’s US administration. The debate has gathered momentum in recent weeks, with Infantino’s predecessor Sepp Blatter endorsing calls, following Trump’s attempts to annex Greenland. A close ally of Trump, the Fifa chief argued that sport should [...]