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Business

  • Constitution Hill flat racing switch helps horse racing attendances surge

    April 20, 2026

    Former Champion Hurdle winner Constitution Hill’s shift to the flat has been cited for an increase in horse racing attendances across the UK. Nearly 700,000 people attended a British racecourse in the first quarter of 2026, up nearly five per cent on last year and up on 2024. With hard numbers fueled by a huge [...]

  • ‘Disgraceful’: Khan and RMT in tube strike deadlock ahead of disruption

    April 20, 2026

    Sadiq Khan and Transport for London are at loggerheads with a major transport union, with tube strikes all but confirmed to take place between Tuesday and Friday this week.  Talks between representatives ahead of strikes beginning at 12pm on Tuesday 21 April are at an impasse, with union leaders blaming TfL bosses for failing to [...]

  • Chip makers and defence contractors power profit upgrade for London tech stock Renishaw

    April 20, 2026

    London-listed engineer Renishaw upped its profit guidance on Monday, sending its shares to the top of the FTSE 250, helped by demand from defence contractors and chipmakers. The Gloucestershire-based precision tech firm is known for its precision equipment used in the lithography process of making microprocessors. On Monday, it pointed to “a substantial expansion” of [...]

  • Revolut’s blockbuster IPO is two years out, says Nik Storonsky

    April 20, 2026

    The boss of Revolut has ruled out a public listing for the next two years in a move that extends the Treasury’s timeline to shore up one of Europe’s most-desired IPO prospects. Nik Storonsky, the straight-talking founder of Revolut, said a public debut was “two years away”. “We’re a bank, and for a bank, it’s [...]

  • Airfares, petrol pumps, rent: Inflation to jump due to Iran war

    April 20, 2026

    Inflation is expected to jump to 3.3 per cent as the first effects of the war in Iran will be recorded in a new set of data.  The Office for National Statistics (ONS) is expected to reveal that inflation inched up in the year to March due to soaring fuel prices and tremors across financial [...]

  • ‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats

    April 20, 2026

    The price of oil has been driven higher by the latest round of escalations in the Middle East renewing fears of a drastic global energy shock. Brent crude – the international benchmark for oil prices – jumped over six per cent on Monday morning to over $96. It follows a weekend of tensions where shipping [...]

  • DP World Tour events become first in sport to use Amazon Leo satellites

    April 20, 2026

    Golf’s DP World Tour is to become the first live sport organiser to use Amazon Leo, the tech giant’s pioneering low-Earth orbit satellite broadband network.  The European-based circuit will rely on Amazon Leo rather than miles of temporary fibre at tournaments to ensure more reliable high-speed internet connectivity essential for live scoring, broadcasting and commercial [...]

  • Unemployment to peak at 5.8 per cent as jobs market faces ‘biggest hit’ since pandemic

    April 20, 2026

    Britain is set to be “pushed to the brink of a technical recession” in the coming year as the economic fallout of the war in Iran dampens growth prospects and sends unemployment soaring. The latest Item Club report sees the UK economy flatlining in the second and third quarters as it digests the consequences of [...]

  • Rachel Reeves to meet Lloyds and Natwest chiefs over Iran war

    April 20, 2026

    Rachel Reeves has called in the bosses of Britain’s top banks for a summit this week to discuss the economic impact of the war in Iran. The Chancellor has invited executives from Barclays, HSBC, Lloyds, Natwest, Santander UK as well as the UK’s biggest building society Nationwide for a meeting this Wednesday. The meeting – as [...]

  • FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession

    April 20, 2026

    Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a fresh round of volatility. The mood ended last week on a high following the re-opening of the Strait of Hormuz but that sentiment was quickly squashed over the weekend as tensions renewed. Shipping in the Strait of [...]

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