Aldi boss wades into supermarket ‘price-gouging’ row August 16, 2026 The boss of Aldi has waded into the bitter row over whether supermarkets are profiteering off of struggling customers as he backed a government crackdown on “rip-off” discounts. Giles Hurley, the chief executive of the discount grocer, said the government is “right” to take on misleading discounts and promotions “in their work to tackle cost [...]
Silence Therapeutics Announces Closing of Upsized Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional ADSs August 14, 2026 Silence Therapeutics plc, (Nasdaq: SLN), (“Silence” or the “Company”), a global clinical-stage biotechnology company developing novel short interfering RNA (“siRNA”) therapies, today announced the closing of its previously announced underwritten public offering of 14,907,407 American Depositary Shares (“ADSs”), each representing three ordinary shares of £0.05 each in the capital of the Company, in the United [...]
Lexus ES 350e Review: Is this the best electric executive car? August 14, 2026 For business leaders, corporate decision-makers and high-income professionals, an executive car needs to do more than take the scenic route through total chaos. It needs to make the journey easier, writes motoring journalist Tim Barnes-Clay. That could mean quietly hoovering up motorway miles between meetings, providing a comfortable haven while crossing London, or giving you [...]
Anthropic subscriptions overtake OpenAI in the UK, fresh data suggests August 14, 2026 Spending on Anthropic subscriptions has overtaken OpenAI in the UK for the first time, fresh data suggests, as the firm’s focus on enterprise customers helped boost its revenues. Anthropic accounted for as much as 54 per cent of all UK business spending on AI firms in the three months to July, compared to just 27 [...]
London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard August 13, 2026 Following the huge success of Central London Alliance’s 3×3 basketball activation in Paternoster Square, London Sports Festival is taking its programme of sport, participation and community into its next chapter, with pickleball and jumbo volleyball coming to the City of London Corporation’s Guildhall Yard in the Culture Mile next week. The new activation will once [...]
Legora eyes $10bn funding valuation four months after last raise August 13, 2026 AI legal tech firm Legora is eyeing a new funding round as it aims for a $10bn valuation, nearly double the $5.6bn it raised in April. The Stockholm-based startup, which creates AI tools for law and professional services firms and corporate in-house legal teams to draft and review documents, is reportedly in the early stages of [...]
Citi Investor Services Wins US$380 Billion Middle Office Mandate from Aegon Asset Management August 13, 2026 As Citi realizes opportunities with asset managers globally, the mandate underscores Citi’s ambitions to scale growth on Aladdin Highlights: Citi Investor Services has won a US$380 billion mandate from Aegon Asset Management, expanding a 20-year relationship and underscoring its strategy to realize opportunities with asset managers globally Citi has extended the breadth of its middle office offering to include full Investment Book of Record (IBOR) services, trade management and settlement and performance measurement via Aladdin Accounting services To support these enhanced capabilities, Aegon Asset Management's operations employees based in Budapest, Hungary have transferred to the Citi Solutions Centre in Budapest, bringing valuable expertise and continuing to grow their careers within Investor Services
Stamp duty on shares is ‘biggest handbrake’ says UK bank chief August 13, 2026 The boss of a London-listed bank and former Labour party donor has called for stamp duty on shares to be ditched in the Autumn Budget to boost trading from retail investors. Ian Corfield, the boss of Secure Trust Bank, told City AM one of the firm’s “biggest challenges is trying to generate liquidity into the [...]
Vibes matter with tax, so here’s how Healey can deliver a feel-good Budget August 13, 2026 We may think it is easy to try to predict how a major tax announcement may impact sentiment based on whether it’s a give or a take. but the evidence shows, there’s no clear correlation between tax cuts and positive reaction, or tax rises and negativity, says Tim Sarson I’ve just come back from a [...]
Moody’s Corporation Elects Keith Demmings to Board of Directors August 12, 2026 Moody’s Corporation (NYSE:MCO) today announced that Keith Demmings has been elected to the Company’s Board of Directors, effective November 1, 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260812902420/en/ Mr. Demmings, 54, currently serves as President and Chief Executive Officer of Assurant, Inc., a publicly traded company that safeguards and services connected [...]