Another Budget: Perceptions, Reality and Delay Sponsored Central London Alliance (CLA) examines whether the Budget has done anything to restore business confidence, encourage investment and put London on a path to sustainable growth. Purpose The ‘not another one!’ previous exclamations could reasonably have referred to yet another Prime Minister. Another Chancellor. Another Budget, the third under this Government. Or a signal that [...]
Mounjaro maker launches High Court action to block counterfeit drug sites Legal US pharma giant Eli Lilly has launched legal action in the London High Court to block black-market websites selling ‘fake versions’ of its medicine. Eli Lilly, the pharma giant behind the weight-loss drug Mounjaro, instructed American legal heavyweights Kirkland & Ellis to file a case in the English High Court, which appeared in the public [...]
House prices suffer biggest drop in three years Property House prices suffered their biggest fall in more than three years in October, with buyers’ confidence now in danger of slumping lower after Thursday’s interest rate hike. The average house price in the UK fell by 1.2 per cent to £296,285 in the 12 months to October, according to the Lloyds house price index. This [...]
CesiumAstro Secures $730 Million in Janus Henderson-Led Series D at a Valuation Above $4.5 Billion; Unveils Synchronicity Satellite Constellation Following Fully Successful Element-1 Mission November 5, 2026 More than $1.2 billion in capital announced in 2026 powers strategic acquisitions, on-orbit operations, next-generation space infrastructure, and global expansion.
Prothena Reports Third Quarter 2026 Financial Results and Business Highlights November 5, 2026 Net cash used in operating and investing activities was $12.0 million in the third quarter and net cash used in operating and investing activities was $8.9 million for the first nine months of 2026; quarter-end cash and restricted cash position was $272.2 million Novo recently presented post hoc analyses at the Heart Failure Society of America (HFSA) Annual Scientific Meeting from the coramitug Phase 2 trial which demonstrated a decrease of the inflammatory biomarker high-sensitivity C-reactive protein (hsCRP) in patients treated with coramitug as compared to an increase in patients on placebo, further supporting the potential of coramitug as a treatment for ATTR-CM Multiple research collaborations with industry partners ongoing to explore the potential of our CYTOPE® technology over the next 12 to 24 months
Titan SA: Nine-Month 2026 Results November 5, 2026 Strong nine-month sales expansion of 9%, attributed to growth in all regions and improved profitability in Greece, Southeastern Europe and the Eastern Mediterranean
Clean Food Group and Raven Botanicals Partner for World-First Commercial Launch of Fermentation-Derived CLEANOil™ in Skincare November 5, 2026 Clean Food Group Validates Strategy
Businesses face ‘sharpened scrutiny’ on cyber policies after fridge hacks November 5, 2026 Insurance underwriters will scrutinise businesses’ technology more closely when pricing future cyber policies following the wave of recent cyberattacks on European supermarkets. The attacks, which forced retailers in Sweden, Belgium, and Ireland to throw away large quantities of fresh and frozen food after refrigeration systems were switched into defrost mode, and affected a wave of [...]
As it happened: FTSE 100 rallies after Democratic sweep in midterms and oil retreats November 4, 2026 Welcome back to City AM‘s FTSE 100 liveblog. London’s blue-chip index has rallied into the afternoon while Wall Street also opened on the front foot after the midterm elections. Brent crude fell around $100 per barrel, extending the week’s decline as investors weighed up possible outcome of ongoing peace negotiations between the US and Iran. [...]
House prices set to fall until 2028, with London hit hardest November 4, 2026 House prices are not expected to recover from the UK’s property market slump until the second half of 2028, with London set to be the country’s worst-hit region. The average house price in the UK is set to fall by a further 1.5 per cent in 2027, according to new research from estate agency Savills, [...]