RAC slams brakes on blockbuster London IPO September 22, 2026 The RAC has slammed the brakes on its £5bn London listing in favour of a private deal, landing another blow against the UK’s ailing public markets. Britain’s oldest breakdown recovery service has begun working on a deal which would see private equity backer CVC Capital Partners remain a major investor while other shareholders exit the [...]
The Greenland question has been settled – now what? September 22, 2026 Now the Greenland deal has landed, it is worth taking stock of how we got here and what Burnham should aim for next, writes Michael Martins.
How does a brand agency build a league identity like Ultimate Sevens from scratch? September 21, 2026 Brentford’s Gtech Community Stadium will be centred around a different kind of ball on Thursday when the Ultimate Sevens rolls into town for its inaugural finals day. Backed by BIA Sports Group – the owners of Premier League club Sunderland – the Ultimate Sevens is brand new, and with it comes six teams that have [...]
Howard Buffett to succeed father Warren as Berkshire Hathaway chair September 18, 2026 Berkshire Hathaway has named Howard Buffett as chair as his father Warren Buffett steps down after six decades at the helm of the conglomerate. Howard’s elevation comes as billionaire Warren moves into the role as chairman emeritus of the company, according to a letter published to shareholders on Friday. The elder Buffett will also remain [...]
Mark Kleinman: Joined-up government? Not on this evidence September 17, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Joined-up government? Not on this evidence How about this for joined-up government? The chancellor of the exchequer until a couple of months ago corralled the City this year into an expensive industry-funded campaign to promote the virtues [...]
London house price slowdown worsens as luxury areas lose value September 16, 2026 House prices losses in London accelerated in June as the capital’s most sought-after postcodes shed value again. The average house price in London dropped by 3.3 per cent in July to £550,000, worse than June’s 2.5 per cent fall, according to the Office for National Statistics (ONS). The capital’s most affluent postcodes have suffered sharp [...]
Haldane warns Burnham on ‘tax-and-spend socialists with better TikTok videos’ September 16, 2026 Former Bank of England chief economist Andy Haldane has warned Prime Minister Andy Burnham that markets believe he is presiding over a “traditional tax and spend socialist government with better Tiktok videos”. Haldane, who advised Burnham before he returned to Westminster earlier this year, said the government’s “Achilles’ heel” was its inability to cut public [...]
Can cautious Wolfson keep stunning Next shareholders? September 16, 2026 Lord Simon Wolfson has become a shareholder darling over his 25 years in charge of Next. Felix Armstrong asks whether he can keep on surprising them. Few companies listed on the London Stock Exchange are more bound up with the personality of their chief executives than Next. Lord Simon Wolfson, the long-time boss of the [...]
Luxury gym chain Third Space muscles up with record revenue ahead of potential sale September 15, 2026 Luxury gym operator Third Space has grown its turnover by more than a third, topping £100m for the first time, as City workers flock to the upmarket health club. The gym provider notched a 36 per cent bounce in revenue to £135m in the year to December 2025, while its pre-tax profit rose by more [...]
Top UK banks to raise £50m to build payments network September 15, 2026 Britain’s biggest banks are set to kick off a fundraising campaign that will pave the way for a domestic payments alternative to Mastercard and Visa. The UK Payments Delivery Company (PDC) is launching an equity capital raise as part of a new model from the Bank of England, aligning with the Treasury’s National Payments Vision, [...]