Burnham backs higher defence spending but rules out ‘crude’ welfare cuts July 2, 2026 Andy Burnham has called for the country to trust him with the public finances stable as he pledged to “take responsibility” for funding Keir Starmer’s controversial Defence Investment Plan. Burnham, who is all-but-certain to enter Number 10 in fewer than three weeks, hit out at “narratives” about him, in a radio interview with LBC which [...]
The Capitalist: Colonel Carns hosts delulu dinner for leadership bid July 2, 2026 Al Carns thinks he's still in with a shot, the Chancellor practices her times tables and City AM get sporty; catch up on the latest gossip.
KBRA Assigns Preliminary Ratings to Morglas ABS 2026-1 PLC July 2, 2026 KBRA UK (KBRA) assigns preliminary ratings to seven classes of notes to be issued by Morglas ABS 2026-1 PLC (Morglas 2026-1), a UK consumer loan ABS backed by a static pool of unsecured, fixed rate, fully amortising personal loans originated by Admiral Financial Services Limited (AFSL). Morglas 2026-1 will issue multiple classes of notes totalling [...]
Thin end of the wedge? LLPs brace for major tax overhaul July 2, 2026 The maths genius behind trading firm XTX, Alex Gerko, stands high in the rankings of Britain’s top taxpayers, having paid more than £330m to HMRC last year. For good measure, he also handed out more than £150m to charities and good causes in 2025, focusing on education and supporting talented math graduates to pursue PhDs [...]
Fitzdares Sign Up Offer August – Fitzdares Review UK July 1, 2026 Fitzdares stands out as one of the UK’s premier modern and inclusive online sports betting sites. It offers an excellent combination of competitive odds and comprehensive sports coverage, making it an ideal choice for both sports enthusiasts and bettors. We have thoroughly reviewed the Fitzdares welcome bonus for new sign-ups and examined their key betting [...]
Nations Championship: Monzo makes first move into rugby, with Allianz and ITV July 1, 2026 Monzo have broadened its sponsorship portfolio, joining Allianz in sponsoring ITV’s coverage of rugby union’s Nations Championship competition. The challenger bank and insurance giant have each signed deals with the free-to-air broadcaster to be part of the channel’s coverage of the inaugural inter-hemispheric tournament. It is Monzo’s first step into rugby union and comes after [...]
UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle July 1, 2026 Hedge fund Bluecrest Capital Management, founded by the UK’s wealthiest financier, said the UK is no longer “a serious contender” as a place to do business after it lost a £200m battle with the tax man, in a ruling that could now leave the wider hedge fund and professional services industries facing a hefty bill. The [...]
Cardo AI Emerges as the Defining ABF Specialist in Chartis Research’s 2026 Global Rankings July 1, 2026 Cardo AI, the technology platform purpose-built for asset-backed finance and private credit, today announced it has been recognised in two Chartis Research STORM reports, ranking 19th in BuySideRisk 50 and 25th in QuantTech 50, among the most authoritative independent assessments of risk technology vendors globally. In the BuySideRisk 50, Cardo AI climbed 13 places from [...]
MDOTM Raises $27M Growth Equity Round Led by Expedition Growth Capital as AI Adoption Permeates the Asset and Wealth Management Industry June 30, 2026 The funding will accelerate international expansion and hiring across AI research, engineering, product, sales and client solutions Sphere, MDOTM’s AI investment platform, now supports more than $100 billion in assets across 60+ financial institutions, including Morgan Stanley, Amundi and Zurich Bank With fee compression and demand for personalization rising, firms are adopting Sphere to manage thousands of portfolios at scale
Algoma Central Corporation Announces Refinancing of Long-Term Debt June 30, 2026 Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading provider of marine transportation services, today announced that it has completed an amendment and expansion of its senior secured financing facilities. Proceeds from the expanded financing facilities will be used to repay the Bank Revolver (as defined below), to finance the Company’s investment opportunities, and [...]