Formula 1 chiefs cool speculation of 12th team on grid September 3, 2026 Formula 1 chiefs have cooled speculation that a 12th team could join the grid before the end of the decade. The global motor sport series saw the number of teams rise from 10 to 11 earlier this season when Cadillac joined the grid, and FIA chief Mohammed Ben Sulayem has previously said he is open [...]
Holiday Inn owner IHG urges Burnham to drop tourist tax September 3, 2026 The UK boss of Holiday Inn-owner IHG has urged Andy Burnham to drop plans for a tourist tax, which they said will deter tourists and investors from the country’s hospitality sector. Neetu Mistry, the hotel group’s UK and Ireland managing director, told City AM that she has directly warned the government against the policy, which [...]
Fulham owner Khan sees his £1bn stadium construction project take next steps September 2, 2026 Owner of Premier League club Fulham, Shahid Khan, is spending £1bn on a major stadium upgrade as he looks to expand his corporate offering. The Pakistani-American businessman, who is reportedly worth nearly $15bn, will see his team relocated by 150 miles while the works, which will be completed in time for the summer of 2028, [...]
Millions spent, reputations battered: Fraud watchdog, Dechert and ENRC legal war reaches an end September 2, 2026 Years of bitter litigation, millions of pounds in legal fees, and severe reputational damage: the disastrous, decade-long feud between a Kazakh mining giant, the Serious Fraud Office (SFO), and a heavy-hitting City law firm has finally ended with a confidential settlement. Mining firm Eurasian Natural Resources Corporation (ENRC) launched legal action against the law firm [...]
Gradiant Secures Major Water Contract for Hyperscaler AI Data Center Campus in West Texas September 2, 2026 New HyperSolved contract reinforces Gradiant's role as the water layer for AI data centers
Citi hit with £5m fine for violating UK sanctions on Russia September 2, 2026 Citi has been hit with a fine of nearly £5m after regulators found it violated the UK’s sanctions regime on Russia. The Wall Street giant’s London branch was found to have processed £19.7m in illicit transactions spanning 970 payments. The Office of Financial Sanctions Implementation (OFSI) ruled that, in one instance, Citi failed to freeze [...]
Ditch the ‘usual suspects’: Gov.uk founder urges Labour to look beyond Big Four consultants September 2, 2026 Labour has loudly pledged to slash taxpayer spending on external consultants. However, the founder of a City-based digital consultancy firm told City AM that the government still relies on private firms to plug operational gaps because the civil service previously “got rid of the wrong skills”. Ben Terrett, chief executive and founder of Public Digital, said the [...]
Silence Therapeutics to Participate in Three September Investor Conferences September 2, 2026 Silence Therapeutics plc (Nasdaq: SLN), a global clinical-stage biotechnology company developing novel siRNA (short interfering RNA) therapies, today announced that management will participate in the following conferences and invited investors to participate by webcast. Cantor Global Healthcare Conference 2026 Fireside chat on Wednesday, September 9, 2026 at 10:55 a.m. ET H.C. Wainwright 28th Annual Global [...]
KKR Expands Global Credit & Markets Platform with Senior Hires September 2, 2026 Appointments further strengthen KKR’s credit and capital markets capabilities in Europe
Can OSB’s new boss cut through the noise? September 2, 2026 A FTSE 250 bank has a new boss and plenty of challenges to confront . In this week’s column, Samuel Norman looks at what could be next for OSB. Enrique Labiano confronted a tricky inheritance when he got his feet under the desk on his first day at the helm of OSB on Tuesday. The [...]