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Business

  • Andy Haldane: My mission to ignite Britain’s animal spirits

    March 31, 2026

    As the Bank of England’s chief economist, Andy Haldane had a front row seat to the maladies of UK’s sluggish economy. After a four-year stint running the RSA, he is back as president of the British Chambers of Commerce, and tells Ali Lyon business is still taxed mindlessly, over regulated, and far too risk averse. [...]

  • Motor finance compensation to ‘to fire starting gun’ on banking M&A

    March 31, 2026

    The financial watchdog’s long-awaited motor finance redress scheme is predicted to “fire the starting gun” on a wave of deals throughout the banking sector. The Financial Conduct Authority (FCA) launched the final rules for its redress programme on Monday, with the bill for lenders expected to come in at just north of £9bn, down from [...]

  • Energy price cap set to jump as consumers brace for soaring bills

    March 31, 2026

    The Ofgem energy price cap is expected to leap by 18 per cent after June as households brace for the impact of spiralling oil and gas prices.  Energy consultancy firm Cornwall Insight has forecast the average annual energy bill to be set by the regulator Ofgem at £1,929 in July.  It would represent a £288 [...]

  • LeBron, McIlroy, Ronaldo in $575m Whoop raise at $10bn valuation

    March 31, 2026

    LeBron James, Rory McIlroy and Cristiano Ronaldo are among a group of athletes part of a $575m raise that values wearable technology firm Whoop at $10.1bn. The Series G funding round, raising over $500m, is led by the likes of the Audi Formula 1 investors Qatar Investment Authority and Saudi Aramco Oil Pipelines stakeholders the [...]

  • Britain’s most AI-exposed sectors foot biggest tax bill

    March 31, 2026

    The UK sectors most exposed to artificial AI are concentrated in the same parts of the economy that generate the bulk of tax revenues, according to government and industry data. A 2026 assessment from the UK government shows AI is most applicable to tasks involving data processing, analysis and routine cognitive work, activities concentrated in [...]

  • More harm than good? Minimum wage hikes kick in from April

    March 31, 2026

    With April approaching plenty of conversations have focused on the end of the tax year, with people scrambling to utilise their ISA allowances, but the month also brings about a pay rise for millions of Brits – and increased costs for employers. The national minimum wage will increase from 1 April, with Chancellor Rachel Reeves [...]

  • Charging for museums will erode Britain’s soft power

    March 31, 2026

    Ending free museum access would see some of Britain's most coveted institutions fade to irrelevance, writes Benji Wiedemann.

  • Reeves summons supermarket bosses again after snub

    March 31, 2026

    Rachel Reeves has summoned supermarket bosses for a Downing Street meeting on Wednesday after being snubbed last week.  The new meeting will be attended by executives at Sainsbury’s and Tesco but bosses at Asda, Aldi and John Lewis will miss out, supposedly due to diary clashes. The Chancellor hastily invited grocery executives to a meeting [...]

  • Unilever freezes hiring as Iran war poses ‘significant challenges’

    March 31, 2026

    FTSE 100 giant Unilever has placed a global freeze on hiring for at least three months as the Iran war wreaks havoc on global supply chains and fuel prices. The London-based business, which owns Dove soap and Hellman’s mayonnaise, told staff the ban on hiring will affect “all levels” of recruitment and was taken in [...]

  • World Cup: No Plan B if Iran don’t show up, insists Fifa boss Infantino

    March 31, 2026

    Fifa president Gianni Infantino insists there is “no Plan B” if Iran do not take their place at the World Cup but ruled out moving their games from the US to Mexico. Iran’s participation has been in serious doubt since the US and Israel began a military offensive on the country in late February. Iranian [...]

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