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Business

  • Historians won’t care about Starmer’s international diplomacy

    April 15, 2026

    When future historians explain why Keir Starmer's premiership fell apart, they'll look at domestic issues, not international diplomacy.

  • The rollercoaster ride for creditors chasing bankrupt theme park investor

    April 15, 2026

    It was billed as Britain’s answer to Disneyland Paris.  Unveiled in 2012, plans for the vast 900-acre theme park in Kent dazzled locals with boasts of building Europe’s largest indoor water park, a host of Mission Impossible-themed rollercoasters and the creation of 27,000 jobs. Hollywood giant Paramount ramped up the excitement, announcing it would be [...]

  • Tesco nears crucial update as Iran war threatens food inflation

    April 15, 2026

    As the bosses of the country’s biggest supermarkets crowded into the chancellor’s office earlier this month, no voice will have been as loud as that of Ken Murphy, chief executive of Tesco.  Rachel Reeves summoned grocery executives to discuss how the Iran war will impact Brits’ weekly shops, and Tesco’s results tomorrow will pull back [...]

  • Reform UK lead slips as Labour jumps after Iran war criticism

    April 15, 2026

    Reform UK’s polling lead slipped in April as Sir Keir Starmer’s criticism of the war in Iran helped mount a slight comeback, fresh data has shown.  Reform UK remained top of the party rankings for voter intentions in new research by City PM/Freshwater Strategy. Nigel Farage’s party lost four points in April as around 26 [...]

  • Clearbank deposits balloon amid growth at Revolut and Coinbase

    April 15, 2026

    The banking backbone behind the likes of Revolut and Coinbase has recorded a surge in deposits and revenue as client activity hit record levels Clearbank, which launched in 2017 to provide banking infrastructure and embedded services to challengers, posted a 65 per cent jump in deposits in 2025, reaching £17.8bn. The growth came as the [...]

  • Aldi snaps up abandoned London psychiatric hospital to turn it into supermarket

    April 15, 2026

    Aldi has snapped up an abandoned London psychiatric hospital, City PM can reveal, in the latest sign discount supermarkets are getting increasingly creative in their search to acquire land to expand their UK footprint. The German grocer, which has over 1,000 stores in the UK but hopes to increase this by as many as 500, [...]

  • Why Nationwide’s £7m boss was worth splashing the cash for

    April 15, 2026

    Nationwide splashed the cash on it’s top boss, Debbie Crosbie, in this week’s column Samuel Norman asks if they got their monies worth. Nationwide has been proclaimed Britain’s best bank. The UK’s largest building society – which is, in fact, not a bank due its status as a mutual – has been handed the crown [...]

  • Help to buy scheme had ‘limited impact on social mobility’

    April 15, 2026

    Previous help-to-buy schemes did little to improve social mobility and mainly benefited high earners, the government has been warned, as it mulls reviving the programme. Help-to-buy, which offered equity loans to first-time buyers, had a “limited impact on social mobility,” the Institute for Fiscal Studies (IFS) has said.  The government is reportedly considering revising help-to-buy, [...]

  • Tory councillors pledge to ban smartphones in classrooms ahead of local elections

    April 14, 2026

    Conservative council candidates at next month’s local elections have vowed to enforce a ban on students using smartphones in a new policy that could test Labour’s grip over education across the country.   The Tories have doubled down on their calls for a national ban on smartphones in classrooms by getting local council candidates on board [...]

  • PwC moves to unify global services as AI reshapes consulting sector

    April 14, 2026

    Big Four firm PwC is drawing up a blueprint to standardise its consultancy services across its global business, as the sector faces mounting pressure from the rapid rise of AI. As businesses continue to invest in AI, the cracks in what this will mean for broader businesses are starting to show, with layoffs being blamed [...]

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