Rocco Forte: Inheritance tax grab has endangered my family firm March 25, 2026 With luxury outposts across Europe, and plans to expand to the Gulf, Rocco Forte Hotels has become one of Britain’s most successful hospitality exports. But after being hit by a wave of damaging policies – including a potentially existential inheritance tax crackdown – he tells Ali Lyon, he is more disillusioned with Britain now, than [...]
RAC could jump-start London’s IPO engine with bumper £5bn float March 24, 2026 London’s IPO market could soon come motoring back, led by a bumper £5bn float from RAC as the roadside assistance firm defies market uncertainty to press ahead with its listing plans. The West Midlands-based business, founded in 1897, has reportedly held preliminary meetings with prospective investors and fund managers, in the clearest sign yet that [...]
Compass Pathways Announces Fourth Quarter and Full-Year 2025 Financial Results and Business Highlights March 24, 2026 COMP360 is the first classic psychedelic1 to consistently achieve a highly statistically significant result and clinically meaningful effect in treatment resistant depression (TRD), with a generally well-tolerated and safe profile Across three large trials in TRD, including two positive Phase 3 studies, COMP360’s differentiated profile is redefining rapidity and durability for TRD patients and demonstrating a consistent level of clinical effect that has never been achieved before Compass will meet with the FDA to confirm alignment on a rolling submission and review, and expects to complete the NDA submission in Q4 Compass is rapidly advancing commercial readiness plans and expects COMP360 will fit seamlessly across diverse healthcare settings at launch Phase 2b/3 trial in PTSD initiating, following FDA acceptance of IND application Successful $150 million financing in February and exercise of $200 million in warrants extends cash runway into 2028
TPG and Allianz Lead USD 350 Million Strategic Investment in Cambridge Mobile Telematics to Accelerate AI-Driven Road Safety March 24, 2026 Partnership to Expand Global Road Safety Platform and Real-Time AI Risk Models Accompanied by New Long-Term Commercial Agreements Between Allianz and CMT
OCTO and Volkswagen Group Info Services AG Form Partnership for Fleet Data Integration March 24, 2026 The partnership enables secure integration of vehicle data from six Volkswagen Group brands into OCTO’s platform, strengthening fleet data services across the European Union and supporting utilization, maintenance and geo-location use cases without additional hardware.
Everest Announces Agreement to Sell Canadian Retail Insurance Operations to The Wawanesa Mutual Insurance Company March 23, 2026 Everest Group, Ltd. (“Everest” or “the Company”) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced that it has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada (“Everest Canada”), to The Wawanesa Mutual Insurance Company (“Wawanesa”). “This transaction represents a strong outcome for both organizations, [...]
Government borrowing costs set for worst month since Liz Truss March 23, 2026 The government’s short-term borrowing costs were on course to have their worst month since Liz Truss’s ignominious mini-Budget, until the news of United States’ talks with Iran led traders to unwind bets future interest rate hikes. The two-year gilt yield jumped by eight basis points on Monday morning, meaning the interest rate on the government’s [...]
Starr Completes Acquisition of IQUW Group March 23, 2026 Creates a stronger, more diversified global specialty platform
FICO UK Credit Card Market Report: January 2026 March 23, 2026 Persistent financial pressures evident as customers reduce spend and focus on paying credit card bills, but missed payments remain high
Pagefield owner PPHC ramps up political consultancy with WPI acquisition March 23, 2026 AIM-listed consultancy firm PPHC has ramped up its politics offering after acquiring government relations business WPI Strategy. Founded in 2014, WPI turns over around £2.5m per year and counts the likes of London City Airport, Microsoft, Pension Insurance Corporation, and Vodafone Three among its clients. The company, which counts a number of former Labour advisers [...]