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Business

  • Trump tariffs: EU ‘has tools at disposal’ to hit back amid Greenland spat

    January 19, 2026

    The European Union has pledged it has the “tools” to hit back at the US after President Trump’s latest trade offensive amid the deepening Greenland crisis. In a daily briefing the European Commission’s deputy chief spokesperson and trade lead, Olof Gill, said “should the threatened tariffs be imposed, the European Union has tools at its disposal [...]

  • IMF: UK economy to lag behind growth of advanced economies

    January 19, 2026

    The UK economy is set to grow at a slower pace than the average across advanced economies in each of the next two years, the International Monetary Fund (IMF) has said, in a warning on the Labour government’s ability competitiveness against world powers.  The IMF has kept its UK growth figures for 2026 and 2027 [...]

  • Hundred: Barclays replaces Tyrrells as London Spirit front-of-shirt sponsor

    January 19, 2026

    Banking giant Barclays has replaced Tyrrells crisps as the front-of-shirt sponsor of Hundred franchise London Spirit as new investors flex their new-found power. The upmarket crisp’s parent firm KP Snacks signed a multi-year deal to sponsor the eight Hundred franchises, using brands such as Hula Hoops and Butterkist to occupy prime advertising real estate. But [...]

  • FTSE 100 Live: Gold soars as Trump’s tariffs threaten trade war

    January 19, 2026

    Good morning and welcome back to the City PM liveblog. It might be a new year but it’s the same issues controlling the global markets. The FTSE 100 closed last week one per cent higher than it started at 10,235.29p. But this came around 24 hours prior to President Donald Trump’s fresh tariff attack on [...]

  • UK economy ‘languishing’ behind peers as living standards stagnate

    January 19, 2026

    The Labour government risks leaving the UK economy falling further behind major trading partners, left-leaning economists have warned, as they urged Rachel Reeves to ramp up growth plans ahead of crucial meetings in Davos this week. A new report by the Resolution Foundation, the think tank where several current Treasury ministers brainstormed policies before becoming [...]

  • Reeves pulled out of ‘golden age for the City’ speech amid Trump tariff drama

    January 19, 2026

    Rachel Reeves pulled out of a major event at the Stock Exchange, scheduled for Monday morning, where she had been due to claim that her reforms to UK listing rules are “reinvigorating” Canada and ushering in a new “golden age” for the Square Mile. Reeves had been set to say: “Two years [...]

  • AI-enhanced deception: The audit industry’s next big test

    January 19, 2026

    The audit industry has been under the microscope over the past few years following a number of high-profile corporate collapses, prompting stricter measures to restore public trust. And with the rise of AI-driven fraud, auditors will be under more pressure than ever to adapt to an evolving risk environment. The Financial Reporting Council (FRC), the [...]

  • Richest women’s football teams 2026: Arsenal pip Chelsea and Barcelona

    January 19, 2026

    Arsenal have overtaken Barcelona Femeni to become the richest women’s football team in Europe, according to Deloitte’s latest annual rankings. Last season’s Champions League winners topped the list of women’s football clubs ranked by revenue for the first time, with Arsenal earning €25.6m (£21.5m) in 2024-25. Women’s Super League holders Chelsea are a close second [...]

  • Wetherspoon to reveal Christmas trading amid challenging backdrop for pubs

    January 18, 2026

    Pub giant JD Wetherspoon is set to shed light on how its customers fared over the key Christmas period amid a backdrop of rising costs for the sector. The value pub chain, which runs around 800 venues across the UK, will become the latest firm to reveal its latest trading performance when it updates shareholders [...]

  • Ministers to change UK merger rules in bid to speed up deals

    January 18, 2026

    Whitehall is preparing a fundamental reset of the UK’s merger control regime, as ministers seek to accelerate deal-making and strip back some red tape for businesses. The Department for Business and Trade is expected to outline plans this week that would significantly change how the Competition and Markets Authority (CMA) reviews takeovers and sector-wide competition [...]

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