Quantum and AI drive UK startup funding to $7.8bn in 2026 April 14, 2026 UK startup funding jumped to $7.8bn (£6.2bn) in the first quarter of 2026, as a surge in quantum computing investment and mega-rounds powered the strongest start to a year since 2022. New data from HSBC Innovation Banking and Dealroom shows venture capital investment rose 60 per cent year on year, pointing to renewed confidence in [...]
Morgan Stanley and Goldman Space X IPO plan to curb post-float selloff April 14, 2026 The Wall Street banks elected to work on Space X’s anticipated listing are drawing up plans to curb a post-IPO slump that could have detrimental effects to its valuation. Advisers on the deal are exploring whether insiders and early investors could be allowed to sell shares before the standard 180-day lock up has passed, according [...]
IMF: Middle East war risks sparking government debt doom loop April 14, 2026 Ballooning levels of government debt have left the global economy dangerously exposed to the aftereffects of the Middle East war, according to the International Monetary Fund (IMF), which warned a fresh wave of inflation could trigger a historic bond crisis. In its latest Financial Stability Report, the financial body said that countries’ inability to rein [...]
New EU entry system hits Brits — But what are your rights? April 14, 2026 Days into the European Union’s new Entry/Exit System (EES), British passengers are facing severe delays, resulting in missed flights, but with the Summer season around the corner, warnings that trying to pass the border may become more costly. The new EES obliges non-European Union nationals, including Britons, who enter the Schengen free travel zone to [...]
IMF slaps UK with biggest growth downgrade of any G7 country April 14, 2026 The UK economy has suffered the biggest growth forecast downgrade of any country in the G7 in the International Monetary Fund’s spring economic outlook report, dealing a blow to Chancellor Rachel Reeves as she struggles to overcome setbacks sparked by the Iran war. Growth this year was revised down by 0.5 percentage points as trade [...]
Trump-linked crypto firm Nexo in Fifa World Cup deal with Messi’s Argentina April 14, 2026 Donald Trump-linked crypto firm Nexo has announced a sponsorship deal with Lionel Messi’s Argentina ahead of this summer’s Fifa World Cup. The digital wealth platform will be the Argentine Football Association’s official digital asset partner when they attempt to defend their title at the tournament in the United States, Canada and Mexico. The deal bolsters [...]
Entrepreneurs’ livery company to host scale up showcase at London Stock Exchange April 14, 2026 Canada’s Worshipful Company of Entrepreneurs is set to host an investor showcase for scale-ups at the London Stock Exchange. The livery company, headed by former Lord Mayor Alastair King, aims to connect more than 120 investors with 14 of the UK’s most promising scale-up firms. In June, the group is set to [...]
‘Complex risks’: Jamie Dimon strikes cautious tone as JP Morgan profit beats target April 14, 2026 JP Morgan boss Jamie Dimon struck a cautious tone on Tuesday as the Wall Street bank revealed a major bump to its bottom line on the back of a boom in investment banking. The US banking giant recorded a net income of $16.5bn in the first-quarter, up 13 per cent from the same period in [...]
Procook sales surge as young Brits get taste for dinner parties April 14, 2026 Procook has toasted surging sales as the kitchenware retailer cashed in on young Brits’ growing appetite for hosting dinner parties. The London-listed firm posted sales of £85.5m for the year to end March, a rise of just under a quarter on the previous year and ahead of market expectations of £83.5m, after demand outperformed the [...]
Axel Springer’s Telegraph takeover given government green light April 14, 2026 The years-long saga over the Daily Telegraph’s ownership is poised to reach a conclusion, after the government announced it had approved Axel Springer’s offer for the broadsheet newspaper. The German publishing giant, which owns Politico, Business Insider and the Bild tabloid, said on Tuesday that Britain’s Department for Culture, Media and Sport had given it [...]
