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Powerlist 2026: Full list of º£½ÇÊÓƵ's most influential Black people
Black Communities
The annual rankings celebrate Black excellence across various industries and sectors
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Natwest shares rocket over 5% after cost-cutting plan delivers strong profit growth
By City AM
Natwest reported a major increase in third-quarter profit with the bank also upgrading its income target for the full year. Its shares were more than five per cent higher as markets opened.
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Bank of England finance chief named most influential black Briton
Black Communities
Afua Kyei is at the top of the Powerlist 2026
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Steven Bartlett steps down from director role at Diary of a CEO maker
By City AM
The entrepreneur and former Dragons' Den star is no longer a director of the company behind his Diary of a CEO podcast, according to a new filing with Companies House
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Bank of England slammed for 'racist' internship scheme that only accepts black candidates
By City AM
The Bank of England has been criticised for an internship scheme that is only open to candidates of "black or mixed black heritage" and whose household income is below £50,778 a year
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Netflix shares fall 7% as Brazil tax charge hits Q3 earnings
By City AM
Netflix reported revenue of $11.2bn, up 17 per cent year-on-year, and operating income of $3.2bn, up 12 per cent, but a $619m tax charge in Brazil slashed EPS to $5.87.
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Allica Bank to announce third acquisition as it eyes £1bn lending goal
By City AM
The digital bank has snapped up London-based fintech Kriya, which specialises in embedded finance and business loans.
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Barclays shares rise as bank unveils new buyback plans after income surge
By City AM
The FTSE 100 lender netted £7.2bn in total income, breezing past as internal analyst consensus of £7bn. The figure was also up nine per cent year-on-year.
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Playtech shares tumble as firm embroiled in US lawsuit over 'smear campaign'
By City AM
Playtech shares have tumbled after it emerged the gambling software firm had become embroiled in a US defamation lawsuit
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Supeme Brands, owner of Supreme vapes, buys Slimfast in £20m deal
By City AM
The deal will see the owner of Supreme vapes venture further into the health and wellness market
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Planning approved for 1,700 homes on site of London shopping centre
By City AM
The huge redevelopment proposal for Lewisham shopping centre was given the green light last night, paving the way for hundreds of new homes to be built in the area
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IG Group sells small exchange to Kraken for £75m, bolsters crypto trading capabilities
By City AM
The sale of Small Exchange Inc. to Payward Inc., the parent company of Kraken, will see the digital broker pocket a post-tax gain of £73.3m and boost its regulatory capital resources by £22.7m
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Nestle to axe 16,000 global jobs in cost-cutting drive over next two years
Food and Drink
Swiss giant with operations around º£½ÇÊÓƵ said it wanted to focus on being a more efficient organisation, including automating more of its work processes
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Dazn to launch new subscription product for pay-per-view events
By City AM
Dazn will next month announce full details of its new premium subscription product which will include all pay-per-view events
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Satsuma appoints Playtech's Andrew Smith as CFO for Bitcoin treasury strategy
By City AM
The provider of bitcoin custody and treasury services named its new chief financial officer on Tuesday
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Silver prices hit first record in 45 years as short squeeze adds to rally
By City AM
Silver prices hit their first all-time high in over 45 years on Tuesday, as a short squeeze added momentum to a year-long rally spurred by investor fears over government debt levels and sticky inflation.
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Salesforce strengthens ties with OpenAI and Anthropic for enterprise AI ambitions
By City AM
The software giant is doubling down on its partnerships with AI heavyweights like OpenAI and Anthropic to power its own AI ambitions
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Graham Norton pay packet slashed as production company says show 'can't compete'
By City AM
The presenter's production company has seen its revenue and profit fall in 2024
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Royal Mail fined £21m by Ofcom for failing to meet delivery targets
By City AM
It is the third time in three years that Royal Mail has been fined by Ofcom for missing its delivery targets
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Close Brothers slams FCA over motor finance scandal as it hikes provisions by £135m
By City AM
The FTSE 250 lender, which had previously set aside £165m, hiked its provisions by a further £135m following the Financial Conduct Authority outlining details of its industry-wide redress scheme last week
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Dubai chocolate and cola bottle Jaffa Cakes help boost McVitie’s owner Pladis as it posts record £3.2bn revenue
Food and Drink
Group also owns brands including Jacob's, Carr's and Godiva chocolate
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Shawbrook confirms £50m IPO plans for London Stock Exchange November listing
By City AM
The banking group is targeting a listing in early November 2025 and expects to raise 50 million in net proceeds through new shares
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Lloyds Banking Group boosts motor finance provisions by £800m, shares rise despite regulatory challenges
By City AM
The FTSE 100 banking giant - which owns the º£½ÇÊÓƵ's largest motor finance lender Black Horse - had sent aside £1.2bn in provisions. The extra provision takes the total to just short of £2bn.
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The Savoy Hotel's losses widen as it sheds jobs and starts major renovation project
By City AM
The five-star London hotel has posted a pre-tax loss of £19.6m for 2024, having also lost £17.5m in 2023.
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