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Business

  • WFH requests could go to tribunal under Labour’s employment reforms

    February 23, 2026

    Lawyers are warning that Labour’s plans to make flexible working the default could place additional legal and administrative burdens on British businesses. Under the proposed changes employees would be able to appeal an employer’s decision to refuse a flexible working request more easily through the Employment Tribunal. Lawyers at TWM Solicitors explained that the employer’s [...]

  • Inside Sarah Ferguson’s £100k-a-week rehab with lakeside apartment and round-the-clock therapy

    February 23, 2026

    As Sarah Ferguson checks out of the world's most expensive rehab, we revisit what makes Paracelsus a perfect retreat for the disgraced.

  • Novo Nordisk shares tumble after drug trial falls short

    February 23, 2026

    Shares in Danish drug giant Novo Nordisk have shed more than a sixth of their value after poor drug trial results sparked an investor selloff.  The firm behind weight-loss drugs Ozempic and Wegovy saw its shares tumble by 16.7 per cent to 257.23 Danish Krone on Monday morning after trials of its new obesity shot, [...]

  • Brewdog: HSBC could seize brewery if no buyer found 

    February 23, 2026

    Brewdog’s sprawling Scottish brewing estate could be seized by HSBC if the craft beer firm fails to find a buyer to steady its finances.  Brewdog has agreed for its debts to be secured against its brewery in Ellon, Aberdeenshire, meaning it could lose its huge brewing estate if it cannot pay up.  Co-founder James Watt [...]

  • Nadhim Zahawi joins equity group piling £1bn into Mayfair hotels

    February 23, 2026

    Former Tory chancellor Nadhim Zahawi has joined the board of an investment firm piling £1.1bn into two luxury Mayfair hotels.  Evolution Investment Fund, based in the British Virgin Islands, has acquired a long leasehold interest in the London Marriott Hotel in Grosvenor Square and a luxury hotel development site in New Bond Street.  The fund, [...]

  • Schroders chief executive vows to keep Cazenove Capital

    February 23, 2026

    Schroders’ chief executive has vowed that the company will retain its wealth management business following its £9.9bn takeover by US fund manager Nuveen. Richard Oldfield’s pledge comes after days of speculation surrounding the future of the wealth manager, driven by minimal detail on how it would be integrated into the business in its announcement just [...]

  • Mexico 2026 World Cup games in doubt after drug lord killing sparks violence

    February 23, 2026

    Fifa’s World Cup games from Mexico have been plunged into uncertainty amid fears for the safety of visitors following the killing of drug cartel boss “El Mencho”. Mexican army troops fatally wounded El Mencho – real name Nemesio Ruben Oseguera Cervantes – in an operation that killed seven people in the western state of Jalisco [...]

  • ‘Trust me’: Jamie Dimon to defend JP Morgan’s $2bn-a-week bill

    February 23, 2026

    Jamie Dimon is set to defend JP Morgan’s $2bn-a-week cost bill today as analysts and shareholders gather for the banking giant’s annual investor day. The bank chief – generally considered to be the world’s most influential banker – unveiled higher-than-expected plans for 2026 spend at the beginning of the year. JP Morgan told markets spending [...]

  • UK tech faces hiring crunch despite AI visa push

    February 23, 2026

    Applications from overseas tech workers wanting to move to the UK have dropped significantly, adding to concerns over talent shortages in one of the economy’s faster growing sectors. New data by accountancy firm RSM UK found the number of international workers applying for a UK visa to work in tech dropped 11 per cent from [...]

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