Investment trust rejects hedge fund assault ending Saba saga January 20, 2026 Shareholders of a major investment trust have roundly rejected a move by hedge fund tycoon Boaz Weinstein’s Saba to force through a radical shake-up of its leadership and investment philosophy. At a crunch Requisitioned General Meeting, Edinburgh Worldwide Investment Trust (Ewit) investors representing some 93 per cent of shares – excluding those held by Saba [...]
Dispatch from Davos: This is Trump’s town January 20, 2026 President Trump may be yet to touch down, but his presence can be felt everywhere in Davos, writes Zaki Cooper.
High Court showdown over alleged ‘procedural irrationality’ in Gatwick runway £2.2bn approval January 20, 2026 The Secretary of State has been accused of reaching “inherently contradictory and irrational” conclusions by finding Gatwick’s second runway would have a “significant adverse effect” on the climate, the High Court heard this morning. The transport secretary, Heidi Alexander, greenlit plans for Gatwick Airport’s second runway, the Northern Runway, in September. This was “the largest [...]
Independent to run London Standard newspaper January 20, 2026 Independent Media is poised to run the digital and commercial operations of the London Standard, little more than a year after the freesheet pared back its print operation to focus on a weekly edition. Staff were informed in a memo circulated on Tuesday that the Lord Evgeny Lebedev-owned Standard was “in the process of negotiating [...]
Boycott 2026 World Cup over Greenland, European countries told January 20, 2026 European countries should consider a boycott of the 2026 World Cup over US president Donald Trump’s attempts to seize Greenland, say senior football figures in Germany and France. The US is set to stage the lion’s share of this summer’s tournament, which it is co-hosting with Canada and Mexico, including all knockout games from the [...]
Commonwealth Games chiefs defend move from BBC to TNT Sports January 20, 2026 Commonwealth Games chiefs have defended the multi-sport event’s move to TNT Sports, which ended a 70-year partnership with the BBC as chief broadcaster. The state broadcaster had held the rights to the coverage since the 1954 edition, then known as the British Empire and Commonwealth Games, in Vancouver. But the BBC’s 18-Games run will come [...]
Andrew Bailey: Muted response to Trump does not bring ‘assurance’ January 20, 2026 Bank of England governor Andrew Bailey said the “muted” market response to President Trump’s latest tariff threats did not bring any assurance over global financial stability. Bailey on Tuesday morning suggested that President Trump’s tariffs on the UK and major European economies would not be a “trigger” for a financial breakdown. During a Treasury Committee [...]
Manchester Basketball to rival Man City and United for NBA Europe franchise January 20, 2026 The owners of Manchester’s Super League Basketball team are in talks over a bid, backed by private equity or sovereign wealth, for the city’s planned NBA Europe franchise. President Ben Pierson told City PM that their experience in operating professional teams in Manchester and neutrality to its partisan football scene could be assets in the [...]
2026 could be crisis year for UK’s graduate workforce January 20, 2026 This year could become a graduate abyss for the UK job market if AI skill shortages are not tackled, writes Rod Flavell.
Kings Cross spinout district could create 20,000 new jobs January 20, 2026 The innovation district around Kings Cross and Euston has the potential to grow into the UK's version of Kendall Square, writes Geraint Rees.
