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Business

  • Legora lands Nvidia backing as Jude Law fronts campaign

    April 30, 2026

    AI legal tech firm Legora has secured fresh backing from Nvidia as part of a $50m (£37m) funding extension that pushes its valuation to $5.6bn. The Stockholm-based startup said the extension takes its total Series D round to $600m, with Nvidia’s venture arm NVentures and Atlassian joining as new corporate investors. Additional backing came from [...]

  • After a ‘stunning’ update, what does the future hold for long-suffering BP?

    April 30, 2026

    BP wowed shareholders with its first quarter results – doubling profit and bolstering its balance sheet. But with an activist breathing down its neck, its new boss Meg O’Neill isn’t out of the woods yet, writes Ali Lyon As she sat down to pen her first email to BP’s 100,000 staff, Meg O’Neill opted against [...]

  • Big Bash League set for split as states reject Hundred-style sell-off

    April 30, 2026

    Cricket Australia will explore a partial sell-off of the Big Bash League after objections from some states forced it to shelve plans to seek investors in all eight teams. Queensland Cricket joined NSW Cricket in opposing proposals to copy the England and Wales Cricket Board’s sale of 49 per cent stakes in The Hundred franchises. [...]

  • Bank of England signals interest rate hikes ahead despite April hold 

    April 30, 2026

    The Bank of England has all but confirmed that interest rates will be hiked in the coming months as oil prices have shot up, despite opting to hold them in a meeting on Thursday.  The Bank’s Monetary Policy Committee warned interest rates could climb back to 5.25 per cent from the current level of 3.75 [...]

  • Little Moons founder Vivien Wong: Building a London factory was one of our best decisions

    April 30, 2026

    Each week, we dig into the memory bank of the City's great and good. Today, Little Moons founder Vivien Wong takes us through her career.

  • LIV Golf hires restructuring experts as Saudi Arabia PIF ends funding

    April 30, 2026

    LIV Golf have hired restructuring specialists to a newly established board of directors as the Saudi Arabian Public Investment Fund plans to halt its investment in the rebel league. Eugene Davis and Jon Zinman, described by the breakaway leagues as “seasoned experts in complex transactions, turnarounds, and restructurings” will come into LIV Golf as it [...]

  • ‘Disappointing day’: Edinburgh Worldwide admits defeat to Saba Capital

    April 30, 2026

    Edinburgh Worldwide Investment Trust had conceded defeat to Saba Capital, bringing its 17-month long battle with the US hedge fund to an end. In its annual general meeting (AGM) update released on Thursday morning, the investment trust admitted that it expects that there will be “insufficient votes” in favour of the resolutions relating to the [...]

  • Buses, shoes and air ambulances: The F1 tech influencing everyday life

    April 30, 2026

    F1 may have been away from our screens for over a month, but its technology has been all around us. Matt Hardy digs deeper. Ever sat on the famously busy – and traffic heavy – 149 bus route from London Bridge to Edmonton Green, the one that weaves its way through the City before heading [...]

  • Lloyds shares upgraded to ‘Buy’ after interest rates tailwind

    April 30, 2026

    Analysts at UBS slapped a ‘Buy’ rating on shares in Lloyds Banking Group as the financial services giant looks to receive a bump to its bottom line from the elevated interest rate path. Jason Napier, analyst at UBS, said: “Given the tailwinds from rate hedges… we see strong future momentum in profits as a relatively [...]

  • Lazard to purchase Campbell Lutyens in bumper $575m deal

    April 30, 2026

    Lazard has reached an agreement to buy private capital advisory group Campbell Lutyens in a $575m (£426.3m) deal in a bid to become a global powerhouse in one of the most important areas of Wall Street dealmaking. The 178-year-old investment bank’s existing private capital advisory team and London-based Campbell Lutyens will merge to create a [...]

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