James Watt, co-founder of Brewdog, has been terminated as director following the craft beer firm's acquisition by US cannabis giant Tilray, marking his complete exit from the company he helped establish in 2006.
John Lewis Partnership CEO Jason Tarry's salary increased 21% to £1.2m while the retailer eliminated 3,300 jobs, but workers received their first annual bonus in four years.
Moelis & Company's European head, Jeroen van Slingelandt, is leaving the investment bank to start his own venture, marking a significant leadership change in the firm's European operations.
NatWest Group has hired George Rodolakis from Jefferies to lead its financial sponsors team, aiming to boost its advisory services for private equity and investment firms.
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Global M&A activity surged 27% year-on-year, reaching a trillion dollars in Q1 2026, as dealmakers navigate tariffs, AI, and Middle East instability with more selective strategies.
Hedge fund Pershing Square proposes a cash and stock deal to buy Universal Music Group, home to Taylor Swift and Drake, valuing the company at €55bn and moving its listing to New York.
Major proxy adviser Glass Lewis recommends voting against BP's new chair after climate resolution exclusion, as the oil giant shifts focus back to fossil fuels amid transparency concerns.
A Blackstone and Tinicum consortium has agreed to acquire FTSE 250 engineer Senior for £1.3bn, highlighting private equity's growing interest in UK aerospace and defence supply chains amid rising global demand.
Goldman Sachs' flagship private credit fund reported less than 5% investor withdrawals in Q1 2026, avoiding the redemption gates that have trapped rivals like Apollo and Blackstone amid sector-wide scrutiny.
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Billionaire investor Bill Ackman's Pershing Square has made a $63.5bn offer to acquire Universal Music Group, aiming to move its listing from Amsterdam to New York.
Virgin Money's CEO Chris Rhodes will retire in September 2026 as Nationwide completes the legal consolidation of its £2.9bn acquisition, creating the UK's second-largest retail banking provider.
Edinburgh Worldwide Investment Trust chair Jonathan Simpson-Dent leads a campaign urging the Financial Conduct Authority to tighten rules protecting trusts from aggressive activist campaigns, following repeated challenges from hedge fund Saba Capital.
Major Wall Street banks have granted substantial pay increases to their investment banking leaders following a year of strong performance and record-breaking deals.
Beechbrook Capital faces millions in write-offs after Give Me Cosmetics enters administration, highlighting broader private credit market jitters amid investor withdrawals and economic pressures.
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JPMorgan Chase has appointed a new head for its European equity capital markets division, with a strategic focus on regaining its top position in the region's competitive financial landscape.
JP Morgan CEO Jamie Dimon's annual shareholder letter advocates for strengthening US economic ties with allies while subtly criticizing Trump's tariff policies and foreign approach.
Dozens of UK companies may lose their B Corp ethical certification following a major standards overhaul by B Lab. The new rigorous process requires meeting non-negotiable standards across seven categories, with third-party audits verifying compliance.
London algorithmic trading firm XTX Markets, founded by billionaire Alex Gerko, faced a corporation tax bill exceeding £500m in 2025, accounting for 0.7% of UK's total receipts.
Private equity acquisitions plummeted by over a third in Q1 2026 as market turmoil from Middle East tensions and AI's threat to software businesses stifles dealmaking activity.
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Kasey Grelle, 41, founder and CEO of Aux Insights, died in a tourist truck accident in Nicaragua. Her 11-year-old son Julian suffered severe injuries. The family faces financial strain as a GoFundMe raises over $310,000.
Shirine Khoury-Haq received a £2 million exit package after stepping down as Co-op Group CEO following a difficult year marked by financial struggles and strategic challenges.
Edinburgh Worldwide Investment Trust has proposed a tender offer after years of pressure from activist investor Saba, marking a potential end to one of Britain's oldest investment funds.
Elon Musk is requiring banks involved in SpaceX's massive IPO to purchase subscriptions to Grok AI, creating a unique distribution channel while raising capital for the space company's historic public offering.
A British intern suffered life-changing injuries, including a double amputation, after a Michelin-star chef drove over him twice in Antwerp. The chef received a suspended sentence.
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Morgan Stanley has appointed a new head for its German operations, while law firm Linklaters expands its partnership team in a strategic move to strengthen European presence.
Brevan Howard, a major hedge fund, is providing Abu Dhabi-based employees with the option to temporarily relocate as the conflict in the region continues, highlighting financial sector adaptations.
Christopher Joell-Deshields, former CEO of Pride in London, has been dismissed after allegations he spent £7,125 of volunteer vouchers on luxury goods like Apple products and perfume.
Robert Bush pleaded guilty to preventing lawful burial of 30 bodies and fraudulently giving families wrong ashes while stealing from charities in a shocking Hull funeral home case.
Italian regulators have imposed an eight-figure fine on Revolut for misleading customers about fees and investment terms, with the fintech giant planning to appeal the decision.
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The Financial Reporting Council has closed its investigation into KPMG's audit of gambling giant Entain, deciding against enforcement action following review of evidence.
