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Business

  • Reeves vows ‘greater support’ for poorer Brits as Iran oil island hit

    March 14, 2026

    Chancellor Rachel Reeves has suggested poorer households will receive “greater support” in an energy subsidy package as oil supply worries intensified after a key Iranian island was attacked.  Reeves has said she “found the money” to announce a support package for people not supported by the energy price cap, including rural communities which use heating [...]

  • Arsenal: Leading the digital charge as well as the Premier League

    March 14, 2026

    If Arsenal lift the Premier League trophy this season, it won’t just be a victory on the pitch; the club could also win the race to redefine how fans engage with football online. Arsenal are building a quiet revolution, investing in digital platforms that house ticketing, merchandise and original content to pull fans deeper into [...]

  • Nine in ten hospitality job switchers quit the sector 

    March 13, 2026

    Nine in ten workers in hospitality and tourism quit the sector altogether when they switch jobs, as the hiring “churn” drives costs and dampens the industry’s productivity. As many as 87 per cent of hospitality and tourism workers who quit jobs end up leaving the industry for good, while the exit rate stands at 82 [...]

  • Older Brits avoid investing over fears of losing money

    March 13, 2026

    Older Brits are swerving the stock market over fears of losing capital despite growing warnings that people are approaching retirement without sufficient funds. Baby Boomers and Gen X admitted that they avoided investing and kept money in savings accounts, claiming the potential risk of losing capital over rides boosting wealth, according to the latest survey [...]

  • KSI, Dagenham and Redbridge and the rise of the passion investor in sport

    March 13, 2026

    KSI’s move into football club ownership at Dagenham and Redbridge reflects the rise of “passion investors”, writes Stuart Pinnington of investor services firm IQ-EQ. Last week, YouTuber-turned-influencer KSI announced he had acquired a minority stake in non-league side Dagenham and Redbridge. Known to many football fans for his “Race to Division 1” Fifa video game [...]

  • What happens now after Lloyds Bank’s tech disaster?

    March 13, 2026

    Customers at Lloyds Banking Group were sent into panic on Thursday morning after a number of users opened their mobile app to find rogue transactions that did not belong to them. Screenshots quickly flooded social media with many of the bank’s 28m customers describing their horror at seeing up thousands of pounds of bizarre payments. [...]

  • Drill in Britain’s biggest oil field or risk energy crisis, Make UK tells Ed Miliband

    March 13, 2026

    Drilling at Britain’s biggest undeveloped oil field must urgently be approved to avert a looming energy crisis, the UK’s manufacturers’ lobby group has told Ed Miliband. Make UK, which represents thousands of manufacturers from food producers to steelmakers, said the energy secretary must give the green light to production at Rosebank in the North Sea [...]

  • Lord Roborough refused to stay at Odey Asset Management over ‘lack of trust’

    March 13, 2026

    Lord Roborough, a former partner at Odey Asset Management (OAM), has rejected claims made by Crispin Odey that the City watchdog directly pressured the firm’s executives to find against him. In a legal battle against the Financial Conduct Authority (FCA), disgraced financier Odey claims the OAM executive committee was subject to “undue pressure from the FCA” [...]

  • Petrol retailers pull out of Reeves meeting over ‘abuse’ of staff

    March 13, 2026

    Petrol retailers have pulled out of a meeting with Chancellor Rachel Reeves, claiming the government’s warnings against “price gouging” have led to forecourt staff being abused.  The head of the Petrol Retailer’s Association (PRA) called off the meeting at late notice on Friday, after Reeves’ office allegedly refused to hold the tete-a-tete behind closed doors.  [...]

  • Businesses ‘yearning for stability’ says UK bank chief

    March 13, 2026

    Businesses are “yearning” for stability, according to a top banking chief executive, as the turmoil in the Middle East threatens to upend the global economy. Ian Corfield, the boss of London-listed Secure Trust Bank, told City PM: “I think the reality is that even before things kicked off a month ago, obviously nerves were increasing. [...]

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