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Business

  • OBR warns inflation could exceed three per cent if Iran crisis continues

    March 10, 2026

    Inflation is set to jump back up above three per cent if the rise in oil prices is sustained, a government watchdog has warned, amid fears the energy crisis in the Middle East could drag on. The Office for Budget Responsibility (OBR)’s David Miles said the current rise in oil and gas prices would add [...]

  • Waterstones to book chairman as London listing gains pace

    March 10, 2026

    Bookselling titan Waterstones is on the hunt for a chairman as it picks up the pace on its rumoured London listing.  Elliott Management, the activist equity firm which owns Waterstones, has hired headhunters at Russell Reynolds Associates to draw up a list of candidates to join the bookseller’s board. This is the latest signal that [...]

  • £9bn World Cup too big to be derailed by Middle East conflict, says Fifa chief

    March 10, 2026

    Fifa has ruled out the prospect of the escalating conflict in the Middle East posing a threat to this summer’s World Cup and is still hopeful that Iran will take up their place. The US and Israel’s attacks and Iran’s retaliatory strikes have caused huge upheaval in the region just three months out from the [...]

  • AI minister defends billions amid ‘phantom funding’ scrutiny

    March 10, 2026

    Britain’s multi billion-pound push to build sovereign AI capacity will inevitably include projects that are still taking shape rather than fully deployed capital, the UK’s AI minister told City AM, as scrutiny intensifies over the government’s headline investment figures. Kanishka Narayan, who was appointed as AI and online safety minister last September, said the scale [...]

  • Odey described as a ‘sex pest’ by former hedge fund chief executive, court told

    March 10, 2026

    Disgraced hedge fund manager Crispin Odey was called a “sex pest” and a “sociopath” by former Odey Asset Management chief executive, a court was told on Tuesday. Tim Pearey said in an interview with the Financial Conduct Authority: “I think he’s a sex pest I’m afraid… I think he’s got a real problem. “I think [...]

  • Is AI destroying SaaS?

    March 10, 2026

    In a world where generative AI can increasingly do the work, what will happen to Saas, asks Shamillah Bankyia.

  • Land development transparency plans ‘solve problem that doesn’t exist’

    March 10, 2026

    The government has been accused of offering a solution to “a problem that doesn’t exist” over an initiative requiring landowners to publicly declare options over land.  The new policy, set to be unveiled by planning minister Matthew Pennycook on Monday, is intended to help small and medium-sized (SME) housebuilders by boosting transparency. The government hopes [...]

  • Tottenham Hotspur Women MD: ‘We want to be challenging for the WSL’

    March 10, 2026

    You could be forgiven for thinking that it’s all doom and gloom at Tottenham Hotspur, but there is a good news story unfolding in N17. While the men’s team toil to stay in the Premier League as their mortal enemies from down the road close in on the title, Spurs Women are on a gloriously [...]

  • Edinburgh Worldwide seeks to end Saba standoff with tender offer

    March 10, 2026

    The board of Edinburgh Worldwide Investment Trust has offered shareholders an exit plan in its bid to bring an end to its 16-month battle with Saba Capital. It is proposing a tender offer for up to 100 per cent of its share capital after the Board said it had “exhausted every reasonable and equitable solution [...]

  • Qplay’s JP Jenkins debut marks lacklustre launch for Pisces

    March 10, 2026

    Roll the dice. Make your move. Prove you’re the smartest. But hurry – the clock’s ticking. That is the opening of a video ad for Outsmarted, a board game owned by Qplay, which is set to be the first company to list on London’s new Pisces private market. It might have also described the fierce [...]

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