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Business

  • Satisfaction: Mick Jagger prevails in bid to block Battersea tower

    May 15, 2026

    Rock star Sir Mick Jagger has won a two-year planning battle to block a controversial 29-storey tower in Battersea, proving you can get what you want.  The Rolling Stones frontman had been joined by a host of stars including guitarist Eric Clapton, actress Felicity Kendall and comedian Harry Hill in opposing the development.  A planning [...]

  • M&S eyes up Brits’ weekly shops as food arm set to expand

    May 15, 2026

    Marks & Spencer has not been shy over its ambition to conquer the British weekly shop, and the retail giant is nearing a crucial update on its foray into the UK’s fiercely competitive grocery market. M&S Food accounts for more than half (54 per cent) of the retailer’s revenues, and its recent warehouse expansions suggest [...]

  • Top UK business groups pledge to combat rise of antisemitism

    May 15, 2026

    More than 40 of the UK’s leading business organisations have issued a joint statement rallying against antisemitism, stating is has reached a level that requires “specific attention”. An open letter signed by the likes of from the British Chambers of Commerce, the CBI, and the Federation of Small Businesses calls for business leaders across the [...]

  • Burnham return attempt ushers new borrowing cost record

    May 15, 2026

    Manchester mayor Andy Burnham’s attempt to return to parliament has alarmed traders as gilt yields reached another 28-year high, beating last week’s high. Burnham overcame the first hurdle on his path towards becoming Prime Minister after Josh Simons, the MP for Makerfield, announced he would resign on Thursday night to let the Manchester mayor try [...]

  • What does new City minister Rachel Blake have in store for the Square Mile?

    May 15, 2026

    The Westminster drama has hit the City in more ways than one. After Wes Streeting’s resignation triggered a mini-reshuffle, Felix Armstrong and Samuel Norman take a look at what the new City minister might have in store. In just under two years, the City has its fourth minister. Tulip Siddiq resigned in January 2025 after [...]

  • On this day in 1940: McDonald’s is born in a strange kitchen in California

    May 15, 2026

    On this day in 1940, Mac and Dick McDonald opened an octagonal kitchen in San Bernardino and changed food forever, writes Eliot Wilson.

  • Allica lands £350m in British Business Bank scheme aimed at fintechs

    May 15, 2026

    Allica Bank has bagged lending backing from the UK’s state-owned economic development bank, in a scheme designed to bolster high-growth challengers that lend to small businesses. The London-based fintech – which sealed its status as a $1bn unicorn earlier this year – has landed £350m in the British Business Bank’s ENABLE Guarantee scheme, City PM [...]

  • Watchdog rules Heathrow third runway could be built by rival bidder

    May 15, 2026

    Heathrow will lose its decades-old monopoly over building and operating new projects at the airport under new proposals tabled by the aviation watchdog, paving the way for a rival operator to build the third runway and new terminal. As part of a review of the airport’s red tape conducted by the Civil Aviation Authority, the [...]

  • British Gas to cough up £20m for ‘unfair treatment’ of vulnerable customers

    May 15, 2026

    British Gas is set to cough up £20m after the watchdog closed an investigation into the energy giant and found it “fell short in its treatment of an unacceptable number of vulnerable customers”. The investigation looked into British Gas’ treatment of customers who had prepayment meters (PPMs) installed without permission, with consumers set to benefit [...]

  • David Beckham becomes Britain’s first billionaire sportsman

    May 15, 2026

    David Beckham has become Britain’s first billionaire sportsman after his wealth doubled in the last year, according to the Sunday Times Rich List. The former captain of the England football team and his wife, Victoria Beckham, are now estimated to be worth almost £1.2bn. Beckham has benefited from the surging valuation of Inter Miami, the [...]

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