Gianluca Cerri MD is an emergency medicine physician whose career has been shaped by high-pressure decision making, operational discipline, and long-term thinking. Born in Milan, Italy, he built his medical training in the United States, where he developed a reputation for calm leadership in complex clinical environments. He completed medical school at Louisiana State University from 1993 to 1997, followed by internal medicine residency from 1997 to 2000. In 2000, he served as Chief Resident...
BGF has reported a strong year of investment and exit activity in 2025, underpinned by landmark portfolio realisations, robust trading performance and continued backing for founders across the UK and Ireland. The growth capital investor returned more than £600 million during the year, delivering a money multiple of over 2x, and paid a £75 million dividend to shareholders. The performance was driven by a series of high-profile exits, led by the sale of OrganOx, which...
One in three graduates who are out of work and claiming benefits say poor health is preventing them from finding employment, as new analysis highlights mounting concern over the value of some university degrees and the UK’s approach to skills training. Research by the Centre for Social Justice (CSJ) shows that 707,000 graduates are now claiming benefits, a 46 per cent increase since 2019. Of those, around 240,000 cited health problems as the main reason...
Jaguar is reportedly exploring a potential U-turn on its commitment to become an all-electric car brand, amid concerns over EV demand and lingering backlash to its controversial rebrand. According to sources cited by the Sunday Times, Jaguar has instructed engineers in the UK to explore the development of a petrol-electric hybrid powertrain that could be offered alongside its forthcoming electric models. The move would represent a significant shift from the company’s stated ambition to sell...
Synthesia has raised $200 million (£146 million) in fresh funding in a round led by Google Ventures, pushing the London-based company’s valuation to $4 billion and cementing its position as one of the UK’s most valuable artificial intelligence businesses. The investment marks a sharp step up from Synthesia’s previous £146 million Series D round in January 2025, which valued the company at $2.1 billion, highlighting the speed at which the business has scaled amid the...
Gold surged past $5,000 an ounce for the first time on Monday as investors piled into safe-haven assets amid a weakening dollar, renewed currency market volatility and escalating geopolitical tensions. The price of the precious metal climbed 1.7 per cent to $5,075.97 an ounce, extending a rally that has gathered pace this year as markets grapple with political uncertainty and shifting global power dynamics. Silver also surged, jumping 5 per cent to a fresh record...
Poundland has closed 149 stores and cut 2,200 jobs as part of a sweeping turnaround plan aimed at stabilising the business after a period of heavy losses and declining sales. The discount retailer said the closures mark the final phase of a restructuring programme launched last year, following a collapse into the red that was blamed on weak trading conditions and an unpopular overhaul of its clothing ranges. Poundland was bought for £1 from Pepco...
Scarlett Johansson and Cate Blanchett are among hundreds of actors, musicians and writers backing a new campaign accusing artificial intelligence companies of unlawfully exploiting creative work to train their systems. The campaign, titled “Stealing Isn’t Innovation”, launched on Thursday with the support of around 800 creative professionals, including the band R.E.M. and bestselling author Jodi Picoult. In a joint statement, the signatories accuse technology companies of using copyrighted material “without authorisation or regard for copyright...
The government has made a £25 million investment in Kraken Technologies in a bid to persuade the fast-growing artificial intelligence business to list in London rather than New York. The investment, made by the British Business Bank, is the state lender’s largest direct commitment to a single company to date and forms part of Kraken’s wider $1 billion funding round ahead of its demerger from Octopus Energy. Ministers hope the backing will help anchor the...
The Bank of England is accelerating the expansion of its Leeds operation as part of a wider drive to cut costs, reduce headcount and overhaul its London estate. Under new plans approved by the Bank’s court of directors, half of all external recruitment will now be based in Leeds, as governors push to meet a long-standing commitment to station 500 staff in the city by 2027 – roughly one in ten of the Bank’s total...
