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Business

  • Scandal rocks Czech football on eve of Republic of Ireland World Cup play-off

    March 24, 2026

    Czech football has reportedly been rocked by the biggest match-fixing scandal in its history on the eve of the national team’s World Cup play-off with the Republic of Ireland. Following a three-year investigation involving Interpol, Europol and Uefa, dawn raids are said to have taken place this morning targeting almost 50 players, officials, clubs and [...]

  • Bank of London hit with £2m fine for ‘misleading’ watchdog

    March 24, 2026

    The Bank of London has been slapped with a hefty fine from the banking watchdog after “misleading” the regulator and “failing to act with integrity”. The embattled fintech and its parent company Oplyse Holdings are on the hook for £2m after the watchdog found it failed to be open regarding its capital position. It marks [...]

  • UK recession is ‘real possibility’ as Reeves meets City analysts 

    March 24, 2026

    The UK economy faces a “real possibility” of falling into a recession, a City economist has warned, as Chancellor Rachel Reeves and pensions minister Torsten Bell met with gilt analysts to discuss the shock from the war in the Middle East.  The Chancellor invited top economists from firms key to the gilt markets to the [...]

  • ‘Crossroads’: Oil prices hold firm as markets sour on Trump’s peace talks

    March 24, 2026

    The price of oil held firm on Tuesday morning as markets faced a “crossroads” following the latest bait-and-switch from President Trump amid the crisis in the Middle East. Brent crude, the international benchmark for oil, broke $100 again in early trading in Asia after a four per cent gain. Prices have dipped a touch but [...]

  • Coe urged to stand for London Mayor in move that could hit Manchester United

    March 24, 2026

    Lord Coe has been urged to challenge Sadiq Khan in the race to be London Mayor in a move that could cast doubt on his ability to help Manchester United build their new stadium. Two-time Olympic champion and former Tory MP Coe is the current president of World Athletics, but is being urged to take [...]

  • Fevertree takes Environment Agency to court over green packaging tax

    March 24, 2026

    Fevertree has launched a legal challenge against the Environment Agency over its application of a sustainability packaging tax, which is charged on glass bottles. The premium drink mixer brand claims the glass used in some of its products should be classified as non-household packaging and be exempted from the Extended Producer Responsibility (EPR) levy, and [...]

  • S4 Capital sales fall as tech clients divert cash to AI build-out

    March 24, 2026

    Sir Martin Sorrell’s S4 Capital has been hit with sliding sales as its biggest clients spend less on advertising and more on building AI. The digital advertising group behind Monks reported revenue of £754.8m for 2025, down 11 per cent from £848.2m a year earlier. Net revenue fell 10.8 per cent to £673m, reflecting weaker [...]

  • Wall Street private credit fears grow as Apollo blocks withdrawals

    March 24, 2026

    Wall Street’s private credit crisis has spread further as further asset management giants blocked withdrawals from flagship funds. Apollo Global Management became the latest shadow bank to cap redemptions from one its biggest private credit funds after investors tried to pull $1.6bn (£1.1bn) over the last three months, as investor worries over the $3 trillion [...]

  • Kingfisher: B&Q owner sales dragged down by weakness in overseas brands

    March 24, 2026

    B&Q owner Kingfisher saw the success of its UK brands dragged down by struggles overseas, as sales in France and Poland took a dip. The FTSE 100 firm suffered falling sales in its French Castorama (-2.2 per cent) and Brico Depot (-2.3 per cent) brands and in Poland (-1.1 per cent), while sales grew by [...]

  • Revolut profit booms after poaching record customers from high street banks

    March 24, 2026

    Revolut revealed a major boom in its bottom line on Tuesday morning after the fintech giant poached a record amount of customers from its high street rivals. The $75bn digital banking titan posted a 57 per cent surge in group-wide profit to £1.7bn. It came as retail customers expanded by a record 16m as the [...]

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