Billionaire Netflix co-founder Reed Hastings quits after earnings miss April 17, 2026 The billionaire co-founder and chair of Netflix has quit after the streaming giant’s weak financial outlook spooked the market. Reed Hastings, who co-founded Netflix 29 years ago, told investors he will not stand for re-election in June and will focus on philanthropy once he leaves the firm. The shock departure comes after the streaming giant [...]
The Yankee dabble in Prem Rugby is Dandy, but I don’t get it April 17, 2026 It is great to see that an American investor is set to take over Exeter Chiefs; it marks a new point of interest for Prem Rugby after Red Bull and Sir James Dyson from this side of the pond invested in Newcastle and Bath respectively. And we must not underestimate the power of US involvement [...]
FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz April 17, 2026 Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]
Shadow energy secretary: Reeves’ subsidies mean nothing without tax cuts April 17, 2026 It is the cost of systems, not electricity, that is driving up businesses' energy bills, writes shadow energy secretary Claire Coutinho.
Forget Oasis, dynamic pricing could be coming for your weekly shop April 17, 2026 The rise of big data means dynamic pricing is easier to implement. Paul Ormerod asks what this could mean for consumers's everyday shopping.
Can Volkswagen really pivot to defence? April 17, 2026 Can Volkswagen really pivot into defence? Saskia Koopman examines whether one of Europe’s great industrial names can reinvent itself for an era of rearmament. For most of its eight-decade history, Volkswagen has stood as a symbol of Europe’s industrial might – churning cars out at scale and underpinning entire regional economies. But at the company’s [...]
Iran war takes familiar toll on Britain’s punch-drunk farmers April 17, 2026 The Iran war has left farmers facing another round of brutal cost rises. With the scars wrought by the cost-of-living crisis only just beginning to heal, many are warning that something will have to give. The bucolic West Suffolk estate managed by farmer Andrew Blenkiron does not, on appearances, look like a scene ravaged by [...]
The £4.2m CMA sledgehammer over drip pricing that is totally out of proportion April 17, 2026 There’s a particular kind of institutional vanity that mistakes noise for impact. It’s particularly prevalent in Whitehall and abundant especially in those – like many in our government today – who have only ever worked in the bureaucratic state or legal profession. The CMA’s triumphant announcement this week — it’s very first fine under the [...]
Top Foreign Office civil servant ousted over latest Mandelson bombshell April 16, 2026 The top civil servant in the Foreign Office has been ousted after losing the confidence over Sir Keir Starmer and foreign secretary Yvette Cooper. Foreign Office permanent under-secretary Sir Olly Robbins has become the latest Westminster figure to lose their role to the Mandelson scandal after it had emerged the disgraced peer was denied clearance in [...]
UK suffered biggest unemployment surge in G7 April 16, 2026 UK unemployment rose at a faster pace than any country in the G7, the OECD has said, with a sharp rise in joblessness particularly damaging for the youngest people. Unemployment levels across the country rose sharply by 0.8 percentage points over the year to 5.2 per cent between the last three months of 2024 and [...]