Visa and Mastercard are facing the prospect of a cap on so-called interchange fees charged on transactions made between the UK and continental Europe. The… Read More »Visa and Mastercard facing UK cap on ‘unduly high’ fees
The private equity firm which has backed Ovo Energy and the maternity wear chain Seraphine is in advanced talks to acquire a big stake in… Read More »Mayfair in talks about £100m Trusted Housesitters deal
The fund management group founded by Martin Gilbert, the City veteran, is in talks to absorb parts of the firm jointly founded by Sir Jacob… Read More »Gilbert’s AssetCo in talks to absorb parts of Rees-Mogg firm
The misuse of copyrighted music by artificial intelligence companies could exploit musicians, a former executive at a leading tech startup has warned. The technology is… Read More »Misuse of copyrighted music by AI companies ‘could exploit artists’
New immigration rules could prevent universities from hiring the best international talent and send a message that the UK is “closing ranks”, higher education leaders… Read More »Universities warn new immigration rules show Britain is ‘closing ranks’
A British-based buyout firm and an Italian food manufacturer are vying for control of Princes Foods, one of Britain’s biggest tinned produce brands. Sky News… Read More »Epiris and Newlat in battle for tinned food giant Princes
The investment management firm co-founded by Tory MP and former business secretary Sir Jacob Rees-Mogg is to be wound down. Somerset Capital Management is understood… Read More »Rees-Mogg’s investment management firm to shut
Adverts for three airlines have been banned by a regulator for giving consumers a misleading impression of their environmental credentials. The Advertising Standards Authority (ASA)… Read More »Airlines criticised over adverts that contained ‘misleading’ environmental claims
Prominent angel investors including Lord Rose, the former Marks & Spencer boss, and the ICAP founder Lord Spencer have taken a shine to Sunsave, a… Read More »Angel investors take shine to solar subscription service Sunsave
Rishi Sunak has suggested more tax cuts are on the way because the economy has “turned a corner”. The prime minister told reporters that while… Read More »Sunak suggests more tax cuts on the way – but refuses to commit to triple lock election pledge