Millions spent, reputations battered: Fraud watchdog, Dechert and ENRC legal war reaches an end September 2, 2026 Years of bitter litigation, millions of pounds in legal fees, and severe reputational damage: the disastrous, decade-long feud between a Kazakh mining giant, the Serious Fraud Office (SFO), and a heavy-hitting City law firm has finally ended with a confidential settlement. Mining firm Eurasian Natural Resources Corporation (ENRC) launched legal action against the law firm [...]
Labour calls for Mayor to explore London Stadium sale to West Ham September 2, 2026 Labour have called on Mayor Sadiq Khan to explore selling the London Stadium to West Ham United. Labour assembly member Bassam Mahfouz has written to Lord Khan urging him to relieve the London taxpayer of the £1.75bn burden of the existing deal between City Hall and the Championship football stadium. The long-term tenancy agreed by [...]
Burnham refuses to rule out more borrowing and blames Tories for debt crisis September 2, 2026 Andy Burnham has refused to rule out borrowing more and raising taxes to fund his government’s spending plans, as he blamed the UK’s vulnerability to a global bond rout on the Conservatives. Speaking at his first Prime Minister’s Questions, Burnham said spiralling debt costs in the UK, which have hit near two-decade highs in recent [...]
Citi hit with £5m fine for violating UK sanctions on Russia September 2, 2026 Citi has been hit with a fine of nearly £5m after regulators found it violated the UK’s sanctions regime on Russia. The Wall Street giant’s London branch was found to have processed £19.7m in illicit transactions spanning 970 payments. The Office of Financial Sanctions Implementation (OFSI) ruled that, in one instance, Citi failed to freeze [...]
iXie Launches Game Lifter, the Agentic Production Layer for Game Studios September 2, 2026 Debuting with agentic QA and LiveOps, Game Lifter lets studios ship at full capacity within their own firewall, with humans always in the loop.
North Highland Names Chris Kido Global Head of Life Sciences September 2, 2026 Kido brings more than 25 years leading business and technology strategy and transformation for pharmaceutical, biotech, and medical device companies
Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio September 2, 2026 Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves [...]
‘Large tax hikes on the way’: How the global bond rout is boxing in Healey September 2, 2026 Chancellor John Healey is likely to roll-out “large tax hikes” at this year’s Budget due to a rout in global bond markets pushing up the cost of government borrowing, economists have said. A jump in the 10-year gilt yield to the highest level since August 2007 could “further erode” the £22.7bn level of fiscal headroom [...]
MEX Exchange, part of MultiBank Group, Strengthens Global Operations and Technology Leadership with Three Senior Promotions September 2, 2026 Jeremy Pearce and Beth White promoted to regional COO roles, with James Longo named CTO
Euromonitor Introduces Passport Intelligence Through Microsoft 365 Copilot September 2, 2026 Euromonitor connects Passport to Microsoft 365 Copilot so clients can query trusted market insights through AIMCP integration connects Copilot to Passport market knowledge, helping organisations bring trusted market intelligence into their workflowOrganisations get clear, sourced answers from Euromonitor’s proprietary market research platform, Passport, while avoiding hallucinations