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Business

  • Women in their forties drove January pension contribution surge

    February 25, 2026

    Women paid more into their pensions than men in January 2026, with females in their 40s driving the surge. According to retirement firm Pensionbee, female customers contributed 104 per cent of the amount men contributed, despite only accounting for 42 per cent of total customers, and marked just the second time in the firm’s history, [...]

  • Revolut investors eye $100bn price tag in push for new share sale

    February 25, 2026

    Revolut is weighing a fresh secondary share sale in the second half of 2026 as investors at the fintech giant hope to secure the $100bn price tag ahead of its highly-anticipated public debut. The London-born digital bank is in early talks over a transaction that would give new investors the opportunity to buy into the [...]

  • Manchester United: Ratcliffe’s cuts take club from red to black

    February 25, 2026

    Manchester United CEO Omar Berrada has hailed the impact of Sir Jim Ratcliffe’s cost-cutting after the club reported only their second profitable quarter since 2023. Co-owner Ratcliffe’s slashing of hundreds of jobs at Old Trafford helped United to a pre-tax profit of £5.6m in the three months to 31 December, compared with a £34.5m loss [...]

  • John Lewis blames high costs as it axes build-to-rent venture

    February 25, 2026

    Retail giant John Lewis is to withdraw from its build-to-rent business in a shock U-turn on its diversification plans, after bemoaning high interest rates and a downturn in the London property market. John Lewis Partnership (JLP), which also owns Waitrose, took on management of around 1,000 homes in Bromley, West Ealing and Reading as part [...]

  • Microsoft hops on Lizzie line in search for new London HQ

    February 25, 2026

    Microsoft has hopped on the Elizabeth Line in its search for a new London headquarters, with the US tech giant eyeing up Paddington and Canary Wharf as potential homes. The tech firm needs upwards of 200,000 sq ft from its new office and is seeking advice from CBRE, according to the Financial Times. Office space [...]

  • St James’s Place offers up rewards of its turnaround to shareholders

    February 25, 2026

    St James’s Place roused shareholder spirits on Wednesday as the leading UK wealth manager reported funds under management hitting record highs coupled with rising payouts. Funds under management jumped 16 per cent to £220bn, up from £190.2bn the prior year. Gross inflows reached £21.9bn, a 19 per cent increase from £18.4bn, while net inflows increased [...]

  • Cyberattacks jump as AI targets weak security, says IBM

    February 25, 2026

    Cybercriminals are leaning harder on the simplest ways into company networks, and using AI tools to do it quicker, IBM has warned. In its 2026 X-Force Threat Intelligence Index published on Wednesday, IBM said it saw a 44 per cent rise in attacks that started by breaking into internet-facing systems, like public websites and online [...]

  • Starmer to consider ways to make student loans ‘fairer’

    February 25, 2026

    Sir Keir Starmer has suggested he was open to making the student loans system “fairer” after pressure from Tory leader Kemi Badenoch.  During Prime Minister’s Questions, Badenoch pressed Starmer on costly student loan repayments, which she suggested were at a “breaking point” for graduates.  The Tories have vowed to abolish real interest rates on plan [...]

  • Not-so-drastic Dave: Diageo boss defies expectations of slash-and-burn reign

    February 25, 2026

    ‘Drastic Dave’ Lewis, who gained a reputation for cost-cutting and ruthless rationalisation during his time at Unilever and Tesco, was more ‘demure Dave’ when announcing Diageo’s first results of his tenure as chief executive. The spirits giant has been struggling in recent years, with its share price down 22 per cent year-on-year – and Lewis’ [...]

  • Weight-loss drugs to slow supermarket sales

    February 25, 2026

    Weight-loss drugs are set to slim down supermarket sales in the UK as more Brits opt for diet-conscious shopping, a City broker has warned.  The growth rate of supermarket sales is expected to slow this year due to the increasing popularity of diet-suppressant jabs, population growth and falling food inflation, according to a note from [...]

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