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Business

  • City fears Rayner’s rise as she warns Starmer that Labour is ‘running out of time’

    March 18, 2026

    Angela Rayner’s ascendancy to the Labour leadership has been flagged as a risk for public finances as the former deputy prime minister said the party was “running out of time”.  At a rally on Tuesday night, Rayner suggested that Labour was viewed as representing “the establishment” and said the party’s survival was “at stake”.  She [...]

  • Bar of the week: Flipdog, the Shoreditch spot stoking its cocktails with a hot poker

    March 18, 2026

    Hot pokers and experimental cocktails? Thanks very much, says Anna Moloney in her write up of new Shoreditch hotspot Flipdog.

  • Ramsdens shares rocket as pawnbroker cashes in on gold boom

    March 18, 2026

    Shares in pawnbroker Ramsdens rocketed as it looked poised to take advantage of gold prices, inflated by the Iran war, by taking as much as £28m this year. The firm’s share price soared by more than ten per cent on Wednesday, to 404p, leaving it up more than four per cent in the year so [...]

  • Treasury reforms to banks ombudsman threaten independence, MPs warn

    March 18, 2026

    The Treasury’s reforms to the banks ombudsman threaten to upend the body’s independence, a group of influential MPs have warned. The government revealed its overhaul proposals for the financial ombudsman service (FOS) on Tuesday in a bid to curb concerns it had behaved as a “quasi-regulator”. But a fresh letter to City minister Lucy Rigby [...]

  • City AM Awards 2026: Meet the Finalists

    March 18, 2026

    And the nominees are…. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of the UK’s most prominent business leaders, known for his straight talking and punchy views across a range of topics including UK entrepreneurship, the business environment, capital markets and, of course, energy. In August [...]

  • Wetherspoon sales could turn flat as cost pressures brew

    March 18, 2026

    Never known to shy away from calling out the issues that push up the price of a pint, JD Wetherspoon boss Tim Martin looked to be setting expectations at the weekend when he warned the war in Iran will hit punters in their pockets.  The UK’s best-known pub chain will announce its half-year finances on [...]

  • Senegal to fight ‘iniquitous and unprecedented’ Afcon decision at CAS

    March 18, 2026

    Senegal’s football association has vowed to launch a legal challenge at the Court of Arbitration for Sport against the decision to strip it of the Africa Cup of Nations (Afcon) and hand the title to Morocco. Two months after Senegal beat the hosts 1-0 in a controversial final, the Confederation of African Football (CAF) announced [...]

  • Nocturne: Why elite cycling is returning to City’s streets

    March 18, 2026

    We are excited to be bringing cycling back to the Square Mile with The City of London Nocturne this June. Raising money for Great Ormond Street Hospital, this is a new event which takes inspiration from the original Smithfield Nocturne, which I was fortunate to organise for a decade, finishing in 2017. The return of [...]

  • Diploma: Shares in FTSE 100 giant boom after profit upgrade

    March 18, 2026

    Shares in specialist tech supplier Diploma boomed on Wednesday morning after the group slapped a hefty upgrade on its financial targets for 2026. The firm’s stock was up as much as 15 per cent on open to 5,771.06p. It came as the FTSE 100 giant said it expects revenue growth to come in at nine [...]

  • Ex Titan Wealth chief executive is back to tackle the market once more

    March 18, 2026

    The former chief executive of Titan Wealth has launched a new wealth management business in a bid to modernise the traditional market. Derek Miles, who is also the former chief executive of Aspira, launched Nine Edge Wealth on Wednesday with co-founder Kyle Augustin, who was previously chief executive at Fintel IQ. Jo Blake, also formerly [...]

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