Sanctioned Russian oligarch’s charity launches legal action against Barclays March 30, 2026 The Potanin Foundation, a UK charity of its Russian sister organisation, the Vladimir Potanin Foundation, has launched legal action against Barclays Bank in London via advisory firm Forvis Mazars. Founded in 2006 by the former Deputy Prime Minister of Russia, Vladimir Potanin, the organisation has focused on education, culture, and philanthropy. The charity was intervened [...]
Starmer urges Brits to ‘act as normal’ as fuel shortage fears grow March 30, 2026 Sir Keir Starmer has urged Britons to “act as normal” despite energy chiefs’ warning that there could be fuel shortages within days. The Prime Minister’s spokesman said that the UK had a “resilient and diverse” supply of energy sources as he played down the prospect of a fuel crisis. “We will always plan for all [...]
China overtakes UK in AI talent race March 30, 2026 China is overtaking the UK in the global race for AI talent, as a growing share of the world’s leading researchers are trained and retained domestically rather than moving to Britain or Europe. Data cited by The Economist shows that at the 2025 conference on Neural Information Processing Systems, half of all presenting researchers began [...]
Exclusive: Mordaunt suggests only death of Brits would get UK to ‘wake up’ on defence March 30, 2026 Former defence secretary Penny Mordaunt has suggested that only the death of serving British soldiers would get the Prime Minister to “wake up” and fund extra defence spending. In an interview with City PM, the senior Tory figure said the current government’s spending plans for defence were “out of kilter” with reality given immediate threats [...]
Burford Capital shares crash after US court overturns $16bn Argentina ruling March 30, 2026 Shares in the dual-listed group Burford Capital have dropped nearly 50 per cent since a US court overturned a ruling in favour of Argentina, a blow to the litigation funder. The US Court of Appeals for the Second Circuit reversed the District Court’s previous ruling that found Argentina liable to pay $16bn to former shareholders [...]
White van men ‘bleeding cash’ in Iran war diesel chaos March 30, 2026 The country’s fleet of tradesmen are “bleeding cash,” with the Iran war’s fuel chaos pushing the price difference between petrol and diesel to its widest level in decades. A litre of diesel cost 179.9p on Sunday on average – up more than 35p since the Iran war started and 25p higher than petrol, according to [...]
Mortgage approvals bounce back after two-year low March 30, 2026 Mortgage approvals have bounced back after slumping to a two-year low last month, suggesting the property market was regaining momentum before the Iran war shocked global markets. The number of approved mortgages for house purchases increased to 62,600 in February, up from the two-year low of 60,200 in January, according to the Bank of England. [...]
Why high oil prices could plunge world into recession by the summer March 30, 2026 The world economy is heading for a “rare” recession in the middle of this year as a prolonged war seems likely amid the prospect of US troops heading to the Middle East. Economists have warned that activity will fall in the middle of the year if oil prices surge to $150 per barrel and remain [...]
Deloitte confirms tax head to replace Richard Houston March 30, 2026 Big Four giant Deloitte has selected Darren Graves to succeed Richard Houston, who is stepping up to lead the newly created Deloitte EMEA unit. Graves will be the next senior partner and chief executive from June, after winning a confirmatory vote by the firm’s partners. However, according to media reports, he was put forward as [...]
Wolff casts doubt on Horner plans to invest in Formula 1 team Alpine March 30, 2026 Mercedes boss Toto Wolff has called into question plans for Christian Horner to invest in Formula 1 team Alpine. Horner, former team principal of Red Bull, is understood to be part of one of four bids in the race to buy a 24 per cent stake in French team Alpine. Horner has spoken to former [...]
