UK government slashes corporate red tape, cutting paperwork ‘longer than The Hobbit’ September 7, 2026 Ministers have announced sweeping reforms to corporate reporting, aiming to save businesses over £450m annually by ditching “Hobbit-length” paperwork. Under the overhaul, small and medium-sized enterprises (SMEs), including local family firms, will be exempt from certain reporting forms and audits, aiming to save businesses thousands of pounds and hours of administrative work. The Department for [...]
LR Health & Beauty Strengthens Its Management Team With Martin Lipp as New Chief Financial Officer (CFO) September 7, 2026 The LR Health & Beauty GmbH, Europe’s leading social commerce company for high-quality nutritional supplements and beauty products, is strengthening its management team: effective 7 September 2026, Martin Lipp takes over as Chief Financial Officer (CFO) and joins the Executive Management Team. In his new role, Martin Lipp will be responsible for Global Controlling & [...]
KBRA Assigns Preliminary Ratings to BUMPER BE GREEN 2026-1 September 7, 2026 KBRA Europe (KBRA) assigns a preliminary rating to the Class A notes to be issued by Bumper BE NV/SA, acting on behalf of its compartment named “Compartiment No.3” (BUMPER BE GREEN 2026-1), a Belgian operating auto lease ABS transaction. Credit enhancement consists of subordination, excess spread and cash reserves. BUMPER BE GREEN 2026-1 will be [...]
UK jobs seekers rise despite recovery in permanent hiring September 7, 2026 Rising redundancies and heightened employment insecurity drove a sharp increase in UK job seekers in August despite the permanent hiring market showing its first signs of recovery in nearly four years. Total staff availability rose at its fastest rate in three months as Brits hunting for roles flooded the market. This influx was triggered by [...]
City of London’s Rolls-Royce limo converted to electric power September 7, 2026 The City of London Corporation’s official limousine, a 1973 Rolls-Royce Phantom VI, has been converted into an electric vehicle. Commissioned by Alderwoman Dame Susan Langley DBE, the 697th Lord Mayor of the City of London, the battery-powered limousine is part of a plan to make the Corporation ‘net zero’ by 2027. Oxfordshire-based Electrogenic was handed [...]
Trans charity ‘misleading employers’ with company guidelines, campaigners claim September 7, 2026 The equalities watchdog is investigating guidance to employers by a charity devoted to trans inclusion in business, after a feminist pressure group claimed they were “entirely counter to the law”. In a letter to the boss of the Equality and Human Rights Commission seen by City AM, Sex Matters alleges that Trans in the City [...]
Beer, kits, hospitality and stadia can take Women’s Super League to greater heights September 5, 2026 Bigger crowds and greater matchday revenue are just some of the growth opportunities for the WSL as the new season begins, says Sarah Rock. This weekend marks the return of the Women’s Super League, with last night’s opening fixture between London City Lionesses and Manchester United featuring one of the league’s biggest name signings to [...]
McGill and Partners staff to benefit from EQT’s $2bn insurance broker deal September 4, 2026 Speciality London-based reinsurance broker McGill and Partners has agreed to a $2bn (£1.48bn) investment by private equity giant EQT. Founded in May 2019 by industry titans Steve McGill and John Lloyd, the firm handles high risks for corporate and institutional clients. In seven years, the broker has grown revenues to more than $250m and expanded [...]
EQT to acquire McGill and Partners, a leading specialty (re)insurance broker for USD 2.0 billion, from Warburg Pincus September 4, 2026 Warburg Pincus and McGill and Partners have reached an agreement with EQT that will see Warburg Pincus sell its majority stake to EQT McGill and Partners founders, management team and colleagues will re-invest alongside EQT, retaining a meaningful ownership stake in the firm going forward as they continue to serve clients globally Maintains commitment to firm’s independent model and culture of ownership, developed organically since its founding in 2019 EQT will partner with Steve McGill and the management team to accelerate organic growth, including via talent recruitment, further development of technology and data capabilities, and expansion of innovative digital solutions
Jenrick refuses to rule out bank tax September 3, 2026 Reform UK’s Treasury spokesman refused to rule out a banking tax mooted by the party’s leader Nigel Farage, who said he would hit lenders because he didn’t “like” them. Speaking at a Reform conference event organised by City industry representatives, Jenrick said the party had not committed to banking taxes. However, the party’s economic chief [...]