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Business

  • Who is John Ternus? The man stepping into Tim Cook’s giant shoes at Apple

    April 21, 2026

    Fifteen years ago, Tim Cook inherited a $350bn tech company that had just lost one of the most celebrated chief executives in corporate history. On Monday, he handed it on worth $4 trillion. Cook will step down as Apple’s chief executive on 1 September 2026, with John Ternus, the company’s hardware engineering chief and a [...]

  • England’s Women’s T20 World Cup matches to be free to watch

    April 21, 2026

    All of England’s Women’s T20 World Cup matches will be free to watch after broadcaster Sky Sports opened up access to this year’s event. England’s opening match against Sri Lanka, as well as each of the home nations’ opening group matches and the Lord’s final, will be broadcast free-to-air on Sky Mix, which is accessible [...]

  • Brentford FC recruits Indeed as shirt sponsor in multi-year deal

    April 21, 2026

    Jobs website Indeed will become Brentford FC’s new shirt sponsor next season when the Premier League’s ban on betting brands takes effect, the club have announced. Indeed, which is already the west London team’s training kit partner, will replace Hollywoodbets on the front of the men’s, women’s and academy matchday shirts in a multi-year deal. [...]

  • Baroness Karren Brady steps down as West Ham United vice-chair

    April 21, 2026

    Baroness Karren Brady has ended a 16-year tenure as vice-chair of West Ham United with the club under threat from relegation. The 57-year-old, who was paramount in the London club’s move from Upton Park to the London Stadium, has the role she held alongside joint-chair David Sullivan, ending a 40 year professional relationship between the [...]

  • S&U takes ‘Margaret Thatcher’ approach as profit swells

    April 21, 2026

    Specialist lender S&U recorded a major bump to profit in the last year as the bank said it was following the teachings of former Prime Minister Margaret Thatcher. The London-listed bank – which was founded in 1938 and once known as Sports and Utilities – posted a pre-tax profit of £31.8m in the year ending 5 [...]

  • THG defies retail gloom with best quarter in five years

    April 21, 2026

    THG shares rocketed on Tuesday as the firm shrugged off wider gloom in the retail market after delivering its best quarterly performance in five years. The Manchester-based beauty and nutrition e-commerce firm posted revenue growth of 7 per cent for the first quarter of 2026, adding that growth was only “modestly impacted” by disruption in [...]

  • Saba Capital will likely gain “effective control” of IEM after tender offer

    April 21, 2026

    Investment trust Impax Environmental Markets have acknowledged Saba Capital is likely to have “effective control” following the completion of its exit tender offer, as the US hedge funds looks to oust the board. In response to a letter sent to the board by Saba, Impax Envrionmental Markets (IEM) confirmed its exit tender offer remained on [...]

  • Job vacancies fall to lowest level in five years

    April 21, 2026

    The UK jobs market took a turn for the worst as job vacancies fell to their lowest level in nearly five years, according to official figures. The Office for National Statistics (ONS) said the number of vacancies fell by an estimate of 29,000 in the three months to March. It is the lowest level of [...]

  • Associated British Foods shares slide as £10bn Primark spin-off confirmed

    April 21, 2026

    FTSE 100 titan Associated British Foods has confirmed plans to spin off clothes retailer Primark, signalling a dramatic change in direction for the food and retail firm. Shares in the firm slid more than six per cent on Tuesday’s open, leaving the stock down 16 per cent in the year so far. The market had [...]

  • FTSE 100 Live: Stocks flat as Trump’s deadline looms; Job vacancies shrink; Primark gets spin-off

    April 21, 2026

    Good morning and welcome back to the City AM liveblog. New unemployment figures this morning have showed an unexpected twist where the joblessness rate slipped under the five per cent mark. But this was accompanied by a blow to the market with the number of vacancies fell by an estimate of 29,000 in the three [...]

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