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Pockit has raised £13.4m from shareholders as it seeks to plug growing losses following its acquisition of London fintech Monese. The firm, which offers pre-paid cards to customers without the need for a credit check, said it completed the raise in May 2026 from venture capital investor Concentric as well as Shore Capital-owned investment firm [...]

Tate & Lyle agrees £2.7bn takeover by US rival  The TimesTate & Lyle agrees £2.7bn takeover by US rival in new blow to FTSE  The GuardianTate & Lyle agrees to £2.7bn takeover from US rival Ingredion  Financial TimesTate & Lyle to be sold to US rival for £2.7bn  The TelegraphIngredion Is in Advanced Talks to Acquire Tate & Lyle for £2.7 billion  Bloomberg.com

Key PointsSocial Security may play an important role in your retirement finances.

Gabriel Zucman has told Zack Polanski’s podcast that wealth taxes don’t work – so why are they both so keen to bring them back? Asks Kristian Niemietz “The historical experience with wealth taxation, by and large, is a failure. Pretty big failure.” Who said that? Was it an economist from a Tufton Street think tank? [...]

Reporting ' inflation ', measured by word count, has been running at 27 per cent since 2019 in the FTSE 100 , according to the Quoted Companies Alliance.

It will see the FTSE 2500 ingredients firm, founded by the merger of two family-owned sugar business in Liverpool in 1921, leave the London stock market .

Keir Starmer to say ‘tech revolution must work for everyone’ in speech on AI – UK politics live  The GuardianKeir Starmer to give speech on AI and online harms for children  BBCEntry-level jobs support, AI bootcamps and tech training as government supports young people into the jobs of the future  GOV.UKStarmer offers unemployed AI-powered job centre  The TelegraphStarmer to Roll Out UK Job Center Tools to Beat AI Work Threat  Bloomberg.com

While SpaceX is getting most of the attention, other AI space stocks could have more long-term growth potential.

The boss of Santander has branded the UK’s tax regime on banks as making “no economic sense” as speculation mounts that the industry could be turned to for a quick cash grab if the Labour government lurches to the left. Ana Botín, the chief executive of the Spanish banking giant, has said the UK tax [...]

Oil spikes after fresh assault in Middle East – latest updates  The TelegraphStock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live  The GuardianOil prices jump after Iran missiles threaten fragile ceasefire  Financial TimesUS Stock Futures Drop After Tech Selloff, Oil Up: Markets Wrap  Bloomberg.comOil Surges After Hostilities Between Iran and Israel Escalate  The New York Times

It's important to know the ins and outs if you're about to embark on that next stage of life.

Nvidia chief executive Jensen Huang brushed off a significant market wobble stoked by growing concerns surrounding AI, hailing the widespread sell-off as a buying opportunity for investors in a technology which is just “beginning”. Huang’s intervention came as Asian markets tumbled during Monday trading, following the Nasdaq’s 4.2 per cent plunge on Friday – its [...]