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Business

  • Labour will regret the Renters’ Rights Act

    May 1, 2026

    There were celebrations across the Labour frontbench as the Renters’ Rights Act came into force today. That won't last for long, writes Ben Hopkinson.

  • NBA-EuroLeague talks at an impasse, adding uncertainty to bidding process

    May 1, 2026

    With a former NBA man installed at the top of EuroLeague, conciliatory noises coming from both camps and fresh talks held this week about cooperation, the prospects of a peace deal between basketball’s two biggest club organisers looked to be better than ever. But following the meeting, at the headquarters of world governing body Fiba [...]

  • Petrol retailers vindicated after Reeves ‘profiteering’ claims

    May 1, 2026

    Petrol retailers have been vindicated of “price gouging”, pouring cold water on the government’s accusations of profiteering from the war in Iran. The Competition and Markets Authority (CMA) found that higher fuel prices in the UK were caused by the rising cost of oil, rather than by retailers expanding their margins to profit from the [...]

  • Death of Football Focus is a signal for every brand at the World Cup

    May 1, 2026

    Brands will spend fortunes on this summer’s World Cup but they should heed the BBC’s warning when scrapping Football Focus, writes Amar Singh. I grew up with Football Focus. Saturday lunchtime, Bob Wilson in a grey suit, grainy footage of some Division Two ground in the rain. It was the traditional seat-warmer for a weekend [...]

  • After Santander’s TSB takeover – who are the top players in UK banking?

    May 1, 2026

    Santander shocked the City last years after beating out its rivals to snap up TSB Bank. Now with the takeover complete, who are the major players in the sector? The near £3bn mega-merger of Santander and TSB has finally reached completion. And with it, Spanish-owned Santander is set to significantly beef up its UK presence [...]

  • UK manufacturing at four-year high but costs rise at pandemic pace

    May 1, 2026

    The UK manufacturing sector broke to a four-year record in April but the constraints triggered by the Iran war threatened to upend growth prospects. The latest Purchasing Managers Index (PMI) from S&P Global put the industry’s reading at 53.7 – its best since May 2022. This marked its sixth consecutive month above the neutral 50.0 [...]

  • Claire’s Accessories to launch UK high street comeback

    May 1, 2026

    Collapsed jewellery chain Claire’s Accessories will return to British high streets next month after its stores were shuttered only days ago, according to reports. The budget accessories retailer is set to launch 50 new stores on UK high streets, in a comeback staged by the owner of its European stores. Claire’s shut its remaining stores [...]

  • MJ Gleeson warns building cost inflation prompting ‘high caution’

    May 1, 2026

    Housebuilder MJ Gleeson has sounded the alarm over building cost inflation, prompting “higher than usual caution” over its finances. The London-listed firm said on Friday: “We have recently seen some softening in footfall and reservations, and limited increases in the cost of some materials.” The effective blockade to the Strait of Hormuz caused by the [...]

  • South East Water chair quits after damning report by MPs

    May 1, 2026

    The chair of South East Water has resigned with immediate effect after a damning report by MPs into supply issues facing the utilities business. Non-executive chair Chris Train has departed after tens of thousands of residents in Kent faced disruption to water supplies in November and December. In a statement South East Water said: “Board [...]

  • House prices rise in April as market proves ‘remarkable resilience’

    May 1, 2026

    House prices made a surprise jump in April, as the “remarkable resilience” of the UK’s housing market trumped the hit to consumer confidence caused by the Iran war. Annual house price growth in the UK climbed to three per cent last month, up from 2.2 per cent in March. National house prices grew by 0.4 [...]

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