Former JPMorgan investment banker launches European sports fund January 22, 2026 A former JPMorgan investment banker has teamed up with the former managing director of Eurosport to launch a new European sports fund. Athvance Capital has launched as a “European investment platform fully dedicated to unlocking long-term value across the global sports industry”. Capital, according to the firm, has already been deployed across Padel Copa as [...]
Nigel Farage: Reform will tax the banks even if they don’t like it January 22, 2026 Nigel Farage has confirmed Reform will slap a tax on the UK’s banking giants in the latest dramatic escalation of his party’s tensions with the City. Speaking at the World Economic Forum in the Davos, Farage said: “This will be tough for banks to accept but I am sorry – the drain on public finances [...]
Total UK government borrowing beats OBR forecast January 22, 2026 UK government has already borrowed more this year than the Office for Budget Responsibility forecast, official data has revealed, wrapping up a difficult 12 months for Rachel Reeves as she grapples with keeping public finances safe from further shocks. The Office for National Statistics (ONS) estimated public sector borrowing to have been £11.6bn over the [...]
Trowers & Hamlins partner Sara Bailey: I was told I was ‘too Yorkshire’ January 22, 2026 Sara Bailey, senior partner at Trowers & Hamlins, takes us through her career in law in this week's Square Mile and Me.
I Squared Announces Launch of Radiant Energy Solutions January 22, 2026 I Squared Capital (“I Squared”), a leading global infrastructure investment manager, announced today the launch of Radiant Energy Solutions (“Radiant”), an investment from I Squared’s Middle East infrastructure strategy, which is focused on targeting transformational, mid-market investments in the region. Reflecting I Squared’s platform-building approach of starting with a core initial investment and scaling over [...]
King’s Cross retail sales boom as reinvention continues January 22, 2026 King’s Cross retail sales rose by double digits last year as the zone’s reinvention attracts significant retail and leisure investment. Total sales across the King’s Cross estate climbed by 13.5 per cent year on year, with retail sales up by 16 per cent and food and drink sales also climbing by 10 per cent. [...]
UK bank ramps up fight for savers after rebrand January 22, 2026 The battle to bank Britain’s savers has ramped up with the arrival of a new name, set to challenge ‘easy access’ incumbents such as JP Morgan’s Chase, Goldman Sachs’ Marcus and fintechs like Oaknorth. The former UK arm of Jamaica National Group, previously dubbed JN Bank UK, has revamped its operations after being sold in [...]
Gen Z office worker confidence crisis leads to uptick in AI use January 22, 2026 Britain’s youngest office workers are increasingly turning to AI to complete everyday tasks despite fears the technology could soon wipe out their roles. Gen Z reported feeling intense pressure to come across as more qualified than they feel upon entering the workforce, leading many to exaggerate on their CV, while over 65 per cent turn [...]
Live sport credited for Netflix subscriber surge as sign-ups hit 325m January 21, 2026 Netflix has credited its investment in live sport for a surge in sign-ups as quarterly revenue rose to beyond $12bn. Results for Q4 saw income rise by nearly 30 per cent $2.4bn while subscriber numbers jumped to 325m. Netflix was the exclusive global broadcaster of the bout between influencer Jake Paul and former world heavyweight [...]
Coffee and sugar drive surging food inflation January 21, 2026 Sharp increases in the cost of coffee and sugar are behind the high rate of food inflation which is one of the drivers of the surprise inflation rise. The cost of food increased at a rate of 4.5 per cent in the year to December, overshooting the overall inflation rate of 3.4 per cent by [...]