UK banks fear a ‘disaster’ with Ed Miliband as Chancellor June 24, 2026 City banks are fretting over the prospect of Ed Miliband as Chancellor as Andy Burnham mulls who he will give the keys to Number 11. The banking industry is bracing for a shake-up at the Treasury and fears it could be hit with a fresh raft of taxes under a new Chancellor while key deregulatory [...]
London fund manager Redwheel taps bankers for £150m sale June 24, 2026 London-based fund manager Redwheel has called in bankers to run a potential sale process which could value the company at more than £150m, City AM can reveal. Redwheel, which manages around $22bn for clients across four equity and bond strategies, has recently begun working with London-based advisers at BNP Paribas to review its options after [...]
GoldenSource Unveils Next-Generation AI-Powered Data Intelligence Platform for Financial Services June 23, 2026 Built for capital markets, GoldenSource Scout closes the AI trust gap to drive enterprise intelligence and efficiency
The next Prime Minister can change the conversation on the fiscal rules June 23, 2026 Since the defenestration of Liz Truss, the OBR has become an obsession in British politics. It need not be this way. Independent fiscal institutions are supposed to inform politics, not rule it. Other countries use them as sources of transparency, not as judge, jury and executioner, says Helen Thomas The next Prime Minister and Chancellor [...]
CRH to Acquire Arcosa; Leading U.S. Provider of Aggregates and Critical Infrastructure Products for $8.5B June 22, 2026 Strengthens CRH as the #1 infrastructure player in North America and reinforces CRH as the leader in U.S. aggregates Acquisition is highly complementary, advancing CRH’s strategy to build an aggregates-led, connected portfolio aligned with growing infrastructure megatrends Transaction expected to be accretive(1) to earnings, margin and cash flow in the first 12 months post-completion, demonstrating CRH’s ongoing commitment to accelerating growth through value-creating capital allocation CRH to host investor call today at 8:30 a.m. Eastern Daylight Time
ICON selects Microsoft as a preferred technology partner to power AI-enabled clinical development June 22, 2026 ICON plc (NASDAQ: ICLR) today announced that it has selected Microsoft as a preferred technology partner – further advancing ICON’s previously announced plan to invest in digital innovation and AI over the next three years. This partnership incorporates an enterprise-wide deployment of Microsoft 365 Copilot along with an enterprise-grade cloud, data and AI infrastructure to [...]
PwC UK chief swipes global role in international shake-up June 19, 2026 The UK boss of PwC has been appointed to head up a larger role in the Big Four firm’s global network as the consultancy looks to centralise decision-making and reshape its international executive structure. Marco Amitrano will take up the new position on 1 July in addition to his current post leading the professional services [...]
GoldenSource and InvestOps Research Reveals Weak Data Foundations Are Putting AI Outcomes at Risk, Slowing Growth and Costing Investment Managers Billions June 17, 2026 GoldenSource today announced the release of a new report with InvestOps Insights, The Basis Point Blind Spot: How Weak Data Failures Quietly Undermine Performance, Growth, and AI Ambitions. Produced in partnership with InvestOps Insights and informed by 100 global buy-side firms, the report highlights a growing industry challenge: firms do not have an AI model [...]
‘Fantasy land’: AO World boss blasts Labour over employment costs June 17, 2026 The boss of AO World has hit out at the government after it shifted hundreds of jobs to South Africa in a bid to dodge soaring employment costs. John Roberts, chief executive of the electrical retailer, claimed the UK’s political class lives “in an economic fantasy land” and blasted Labour for forcing his company to [...]
Inaction on abusive legal actions is a SLAPP in the face June 16, 2026 Everybody should have the protection they need to speak to truth to power. That’s why we must reform Strategic Lawsuits Against Public Participation, abusive legal actions used by powerful or wealthy individuals or organisations to stifle critical speech, say Baroness Stowell and John Whittingdale Like many others, we watched the King’s Speech last month with [...]