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Business

  • Goldman Sachs raises oil price forecast as war disruption rages on

    April 27, 2026

    Goldman Sachs has raised its oil price forecast as disruption to energy production in the Gulf rages on amid the Middle Eastern conflict. The investment bank’s commodity analysts now project that Brent crude will trade at roughly $90 per barrel in the final three months of the year, up from a prior projection of $80. [...]

  • FTSE 100 banks £16bn payday to face economic reality check

    April 27, 2026

    Provisions for sour loans threaten to take a bite out of profit growth as Barclays kicks off FTSE 100 banks earnings season next week whilst economic tensions loom over the wider financial industry. UK banks will give a snapshot of the gathering tensions in the economy next week as the nation’s top lenders update the [...]

  • Rachel Reeves plots ‘growth push’ as Labour set for bruising elections

    April 27, 2026

    Rachel Reeves is plotting another “growth push” as the Labour party prepares itself for a potentially bruising defeat in the local elections. The Chancellor is set to unveil a new push for fiscal discipline, a closer relationship with the EU and planning reforms in a bid to ease the nerves of the party. The forthcoming [...]

  • FTSE 100 Live: Stocks dip as oil prices surge to three-week high

    April 27, 2026

    Good morning and welcome back to the City AM liveblog. There’s set to be little relief in markets this morning as investors return from the weekend to oil hitting a three-week high. The price of Brent crude – the international benchmark for oil prices – rose two per cent to over $107 on Monday morning. [...]

  • Four Champ Rugby clubs in talks with new investors

    April 27, 2026

    Nearly a third of Champ Rugby clubs are having conversations with potential new investors, as the wider game looks to capitalise on the incoming franchising of Prem Rugby. Although details are still to be finalised, the English top flight is set to steamroll into an expansionist league much like those seen in North America. Red [...]

  • Lady Mayor: ‘Lawless London’ narrative is risking vital global deals

    April 27, 2026

    Misperceptions of London as dangerous and unwelcoming are sending the wrong signals to vital partners like India, writes Susan Langley.

  • Government is not lacking in nuclear ambition – so why is nothing happening?

    April 27, 2026

    If you were to go by ministerial speeches, nuclear is at the heart of Britain's energy ambitions. So why is nothing happening?

  • Tories pledge to scrap mandatory time off for union reps

    April 27, 2026

    The Conservative Party has pledged to scrap the legal requirement for employers to offer paid time off for union representatives. Tory shadow business secretary Andrew Griffith will announce the policy on Monday, which he says will free up taxpayer cash to be spent on cutting NHS waiting lists and filling potholes. Union reps are currently [...]

  • Government urged to reform ‘growth killer’ business rates

    April 27, 2026

    Britain’s largest industry body has called on the government to urgently reform business rates, which it says is a “growth killer”. The Confederation of British Industry (CBI) has said the government should keep its manifesto pledge to reform the business rates system as a matter of urgency.  Business rates is a tax determined by the [...]

  • Guaranteed hours rules would threaten jobs, government warned

    April 27, 2026

    Four leading trade bodies have warned the government that new rules around guaranteed hours would increase unemployment and prevent young people from entering the jobs market. The industry bodies have raised concerns over Labour’s guaranteed hours policy, a part of the Employment Rights Act which became law in December. The British Retail Consortium, Food and [...]

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