Latest News

Anthropic files for IPO


By Goran Nastic

Anthropic, the maker of Claude, has on Monday officially filed its public IPO paperwork with the US Securities and Exchange Commission and plans to list on Nasdaq under the ticker ANT


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For most employees, pension saving happens in the background. Contributions are paid in each month, but few people make an active investment choice.


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Healey unveils AI investment package ahead of Budget

The UK Government has unveiled a package of AI investments ahead of the Budget, aimed at supporting domestic AI companies and expanding AI skills across the country

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Airtel Money delivers strong growth in first results since London IPO

Airtel Money reported a 25.1% increase in constant-currency revenue to $830m in the six months to 30 September, in its first results since listing in London earlier this month

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OneAdvanced appoints Emma Brown as CFO to drive AI-led growth

SaaS provider OneAdvanced has appointed Emma Brown as CFO, tasking the experienced software executive with leading its financial and commercial strategy as it expands its AI-powered software business

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Debenhams returns to profit after five years

Online retailer Debenhams Group reported its first pre-tax profit in five years and expects to be almost debt-free by year-end.

The company, formerly known as boohoo, reported a pre-tax profit of £28.3m for the six months to 31 August, compared with a £17.9m loss a year earlier

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Evoke revenue falls following shop closures

Evoke has reported that its group revenue fell by 7% year-on-year to £406m in Q3, following the closure of 270 retail shops and “particularly customer-friendly sports results” at the start of the football season

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Anthropic and Hg team up to launch European AI consultancy

AI developer Anthropic is expanding deeper into the corporate services market through a new European consultancy backed by UK private equity firm Hg, as demand grows for practical support in deploying AI across businesses

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Sainsbury’s raises profit outlook despite slowing sales growth

Sainsbury’s has raised its full-year profit guidance after reporting higher sales and underlying operating profit in the first half, driven by continued grocery volume growth and cost savings

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Fintel acquires Mortgage Brain Holdings

Fintel has announced the acquisition of Mortgage Brain Holdings as it looks to strengthen its software and data division and expand its presence in the mortgage market

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Barclays to cut 5,000 jobs in AI transformation

Banking giant Barclays has unveiled plans to cut around 5,000 jobs this year, roughly 5% of its global workforce, linked to linked to AI-driven efficiency measures, which overshadowed a strong rise in third-quarter pre-tax profit and £500m share buyback

The job cuts are expected to fall mainly on support and operational functions, including technology-related roles

Rentokil launches $200m buyback with CFO stepping down

Rentokil Initial has approved a $200m share buyback and reaffirmed its full-year profit guidance after delivering 3.4% organic revenue growth in the third quarter, while announcing that CFO Paul Edgecliffe-Johnson will step down in January 2027
Mobico shares soar after board backs potential takeover

Shares in FTSE 250 transport operator Mobico Group jumped 34% on Wednesday after the company formerly known as National Express revealed it had received a potential takeover approach from a consortium backed by its largest shareholder
LSEG acquires Octus for $3.5bn

London Stock Exchange Group (LSEG) has agreed to acquire the provider of credit intelligence, data and workflows, Octus, for just over $3.5bn


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