Has AI broken the old VC model?
A spate of mega-IPOs triggered by the AI boom is stretching the feast-or-famine industry dynamic to an extreme
UK
Is England right to introduce a tourism tax?
Bath in Somerset is a favourite with tourists. Denny Friday Studio/ShutterstockSupporters tend to call it a “visitor levy”. Detractors prefer to call it a “tourist tax”.
Turkish authorities rush to stem fallout from stock market scandal
Funds frozen or liquidated and 38 people referred to prosecutors as regulators move to restore calm
Revolut planning dual listing in New York and London
Fintech’s chief executive says US market offers greater liquidity and more institutional investors
UK lenders raise mortgage rates as inflation fears intensify
Banks and building societies have added to recent rate increases across their-fixed rate home loans under market pressure
Lax Deutsche Bank controls enabled banker to embezzle €600,000, court finds
Former private banker at flagship branch handed two-year suspended sentence
Wall Street warns trading boom is losing steam
Revenue growth slows after record-breaking bonanza in second quarter
The private equity hand rolling up the Algarve
London lawyer Neel Sachdev’s side quest exemplifies the transformation of Big Law
St James’s Place looks smartly attired for the AI wealth party
Wealth manager should soon be able to focus on growth rather than historic issues
Thousands of Barclays staff revolt against three-day office mandate
Push for bank to grant exemptions for employees with longer commutes and one-off payments to cover rise in workers’ costs
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