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Business

  • Reckitt: Durex condom maker strips back costs as profit inches up

    March 5, 2026

    Consumer goods giant Reckitt posted a bump to revenue in the last financial year as its cost overhaul strategy to focus on specific divisions ramped up. The blue-chip firm – which owns a massive portfolio of brands including Dettol, Durex, Lysol, Finish, Vanish, and Gaviscon – recorded a 5.2 per cent increase in revenue, driven [...]

  • Primark appoints Eoin Tonge as chief executive

    March 5, 2026

    Fast fashion juggernaut Primark has appointed a new chief executive, as the company looks to tighten its product offerings and bolster marketing firepower. Primark owner Associated British Foods (ABF) appointed Eoin Tonge permanent chief executive on Thursday, cementing him in the top job following his tenure as interim chief. Tonge has served as a director [...]

  • Taylor Wimpey profit halves as Budget impacts sales

    March 5, 2026

    The UK’s third-largest house builder saw its profits halve last year due to the cost of fire safety regulations and a regulatory settlement with the competition watchdog. Taylor Wimpey’s profit plummeted by 54 per cent to £146.5m despite revenue growing by 13 per cent to £3.8bn, in the financial year to December 2025. The group [...]

  • English rugby is on brink of seismic change. It mustn’t fumble at the try line

    March 5, 2026

    Ed Warner was part of the group that has recommended major changes to the way English rugby is governed. He explains why this is a generational opportunity. This is news overload time for English rugby. The men’s national team wilting twice in the Six Nations under weighty expectations, debate about the possible impact of head [...]

  • FTSE 100 Live: Airline shares fall after Wizz Air profit warning; Primark new boss

    March 5, 2026

    Good morning and welcome back to the City PM liveblog. Global markets returned to a touch of stability on Wednesday as energy prices retreated as investors awaited the latest on the events in the Middle East. The FTSE 100 ended the day 0.8 per cent higher at 10,567.65p – still far below it’s level at [...]

  • From power suits to prairie dresses: Don’t be fooled by the Trad Wife – she’s a Girlboss in disguise

    March 5, 2026

    The trad wife isn't a stay-at-home mum, she's a stay-at-home businesswoman. Don't be fooled by the dream she's selling, writes Anna Moloney.

  • Men taking parental leave holds the key to women’s advancement at law firms

    March 5, 2026

    In recent years, leading law firms have made concerted efforts to improve gender diversity in their ranks, but when it comes to real power, progress remains insufficient. Many of the top law firms have set targets for partnerships and leadership roles, aiming to fill at least 40 per cent of these positions with women by [...]

  • The cost of living crisis is the fault of the public sector, not billionaires

    March 5, 2026

    The Green's newest MP was quick to blame billionaires for the cost of living crisis. Has she looked at the public sector, asks Paul Ormerod.

  • Reeves is outrageously complacent on economic growth

    March 5, 2026

    The dust has settled on the Chancellor’s pointless Spring Statement and, if anything, it looks even worse in the rear-view mirror than it did in real time. Yesterday, top think-tanks and policy wonks chewed over the claims made by Rachel Reeves in her panglossian speech to MPs, and they don’t appear to be overly impressed. [...]

  • Exclusive: ‘Punchy’ £2.5m crowdfund to value Kane-backed Reflo at £25m

    March 5, 2026

    A “punchy” £2.5m crowdfunding round launched by Reflo, the apparel brand backed by footballers Harry Kane and Phil Jones, will value the sustainable sportswear firm at £25m, co-founder Rory MacFadyen has told City PM. The brand, which boasts the likes of England striker Kane and Formula 1 team Williams within its client roster, has announced [...]

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