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 [...]
Revolut takes step closer to US bank launch after clearing key regulatory hurdle September 3, 2026 Revolut has taken a step closer to launching a bank in the US after clearing a major regulatory hurdle. The Canary Wharf-based business has received conditional approval from the Office of the Comptroller of the Currency (OCC) for its American national bank charter. The UK’s biggest fintech is progressing its application with the Federal Reserve [...]
Grupo Salinas Selects Integral Digital to Power Coinpro’s Institutional Digital Asset Trading Desk September 3, 2026 COINPRO will use Integral’s technology to aggregate liquidity, automate pricing and support wholesale transactions between digital assets and fiat currencies
Tower of London curbs on skyscrapers ‘will cost City £1.2bn’ September 3, 2026 Plans to protect views of the Tower of London will cost the economy £1.2bn in lost economic output every year, the City of London Corporation has warned. Historic England, the government’s heritage watchdog, is battling to secure a “larger uninterrupted gap of clear sky” between the medieval prison and the cluster of skyscrapers on the [...]
My stressful night at London’s ultra luxe £1k a night hotel where I found glass in my food September 3, 2026 Glass in my food and someone else’s safe code sent to my room: The £1,000 a night Six Senses London wellness hotel that caused a night of anxiety. By Adam Bloodworth Six Senses’ new Bayswater hotel is one of only a handful in the capital that can command north of a grand per night, putting [...]
Why the smart money should be on rugby sevens September 3, 2026 Why should we be taking more notice of rugby sevens at the moment, asks former player Jim Hamilton. There are different versions of rugby, and while the 15-a-side game will always be my Everest, sevens offers something completely different. The sport is simple to follow, fast and incredibly athletic, and it allows individual personalities and [...]
Zack Polanski to stand in by-election for Keir Starmer’s seat September 3, 2026 Green Party leader Zack Polanski will stand to become an MP in the Holborn and St Pancras by-election after Sir Keir Starmer quit parliament. Polanski, who is currently a London Assembly member, is solidly backed by Green Party members to stand as the party’s candidate in what has historically been considered as a Labour safe [...]
Regit and City AM join forces to drive automotive engagement September 3, 2026 Digital garage platform Regit has announced a partnership with City AM to produce the publication’s motoring content and integrate digital ownership features. The arrangement aims to place automotive brands directly in front of the publisher’s senior corporate audience. City AM attracts 2.5m monthly readers, with 65 per cent operating in chief executive and senior executive [...]