Healey moves to slash red tape and save firms £800m a year October 23, 2026 Chancellor John Healey has said a package to streamline regulation on reporting requirements as well as further tariff reductions will save businesses around £800m a year. In a pre-Budget announcement to offer “breathing space” to businesses, Healey confirmed that the government would make reporting requirements for firms and asset managers easier. The changes on reporting [...]
Bayern Munich valued at £3.1bn as German energy giant buys stake in Harry Kane’s club October 22, 2026 German football giants Bayern Munich have been valued at £3.1bn after taking minority investment from long-standing sponsor Viessmann Generations Group. Viessmann Generations Group has acquired 6.7 per cent of Bayern Munich AG, the commercial entity that houses the professional club and all its business operations, in a transaction local media reported as being worth €250m [...]
Government must cut red tape to fuel football stadium development October 22, 2026 Investing in a football stadium can be the difference between sinking and swimming and the government must play a role, writes Joseph Smith. It is fair to say that the Independent Football Regulator’s draft State of the Game report provides the most comprehensive analysis of English football’s finances to date. Published last week and open [...]
Cognitive Credit Announces $40 Million Strategic Growth Investment Led by Summit Partners to Scale Specialist Data and AI for Global Credit Markets October 22, 2026 Cognitive Credit, the leading provider of corporate credit data, analytics, and AI technology, today announced the completion of a $40 million strategic growth investment led by Summit Partners, with continued participation from ETFS Capital. Cognitive Credit’s suite of AI-powered workflow tools, built on a foundation of verified data, are purpose-built to help credit teams work [...]
The Capitalist: Lime ‘appreciates Medieval spirit’ of bike jousting trend October 22, 2026 Rumours, whispers and City gossip in this week’s edition of The Capitalist BAYEUX PLATFORMS TAPESTRY OF CRITICISM Titans of industry and finance gathered earlier this week at the British Museum for the CBI’s annual reception, with a glimpse of the famous Bayeux Tapestry acting as an incentive to RSVP. But The Capitalist’s eye was drawn [...]
LSEG to Acquire Octus, Creating Market Leader Across Public and Private Credit Solutions October 22, 2026 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION This Announcement contains inside information within the meaning of Article 7(1) of the assimilated Regulation No. 596/2014 as it forms part of the law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented.
Allegion (NYSE: ALLE) Reports Q3-2026 Financial Results October 22, 2026 High-Single Digit Revenue Growth, Strength in Americas Non-Residential; Raising Full-Year 2026 Outlook Quarterly Financial Highlights (All comparisons are year-over-year, unless otherwise noted) Net earnings per share (EPS) of $2.59, up 18.8% compared with $2.18; Adjusted EPS of $2.60, up 13.0% compared with $2.30 Revenues of $1,172.6 million, up 9.6% on a reported basis and up 7.2% on an organic basis Operating margin of 24.3%, compared with 21.8%; Adjusted operating margin of 24.7%, compared with 24.1%
Barclays to axe 5,000 jobs by end of year after banking on AI savings October 22, 2026 Barclays will wield the axe on some 5,000 jobs in its global headcount as the firm ramps up its cost-cutting targets and leverages artificial intelligence. The FTSE 100 bank’s reductions will cover five per cent of the group’s global workforce and are expected to be mainly concentrated in support functions, including developers. “They’re across the [...]
As Weil eyes a merger, who is a sizeable suitor? October 22, 2026 US heavyweight law firm Weil Gotshal and Manges is reportedly pursuing a merger with another law firm and is in active discussions, fuelling speculation across the legal sector about the likely contenders. Leadership at the New York-headquartered firm, renowned as a powerhouse in corporate restructuring, private equity, and mergers and acquisitions, reportedly told top partners [...]
The AI endgame? Intelligence for the rich, slavery for the rest October 22, 2026 AI means “intelligence” is now directly correlated with how much money you can spend on compute. What does this mean for meritocracy?