Monzo ditches US operations after boardroom reshuffle April 1, 2026 UK fintech Monzo has abandoned its ambitions to expand into the US after ailing efforts to crack the market. The digital bank is set to close its accounts for existing customers by June, whilst new customers will stop being on-boarded. The move to shutter US operations will lead to the axing of around 50 employees. [...]
Topps Tiles shares tumble as it unveils plans to shut over 20 stores April 1, 2026 Topps Tiles shares tumbled on Wednesday after the DIY staple unveiled plans to shut more than 20 stores as it wrestles with weak demand and rising inflation. The Leicester-based business said it intends to shutter 23 stores by the end of its financial year as part of a series of “self help measures” as it [...]
FTSE 100 Live: Stocks boom as Trump signals end to Iran war; Starmer eyes closer ties to EU April 1, 2026 Good morning and welcome back to the City AM liveblog. President Trump has made his clearest indication yet that the war in Iran might soon come to a close, saying the US will “leave” Iran in “two to three weeks” when they are certain the regime will not be able to build a nuclear weapon [...]
The Debate: Is M&S’s boss right, should CEOs stay switched on while on holiday? April 1, 2026 M&S CEO says work-life balance is overrated, but is he right? We hear the case for and against bosses fully logging off in the Debate.
Family-run construction firms pushed ‘to brink’ by inheritance tax April 1, 2026 Family-run construction firms are being pushed to the brink of insolvency by reforms to inheritance tax which undermine Labour’s housebuilding target, a trade body has warned. Plant-hire firms – which provide machinery and services to the construction sector – are almost always family run and are being forced to scale back by inheritance tax changes, [...]
Gen Z still wants ESG April 1, 2026 There's still a case for purpose over profit, not least because our Gen Z business successors are demanding it, writes Natasha Frangos.
Is AI slowing your business down? April 1, 2026 Plenty of companies have now completed their AI experimentation stage. It's the need to now commit that's slowing them down.
Reeves must listen to supermarkets rather than lecture them April 1, 2026 Supermarkets begin preparing for Christmas at least six months before the anticipated peak of customer demand hits around December 23. Catering for this entirely predictable surge is in itself an astonishing commercial and logistical feat, but a little over six years ago the UK’s supermarkets were in the midst of an unprecedented challenge. As pandemic [...]
Chief executives blame sleepless nights on their own senior team April 1, 2026 An angry board, a languid share price, mutiny in the junior ranks. All things you would expect the fiduciary-responsibility-bound chief executives of major listed companies to worry about. But new research suggests bosses at the helm of the world’s largest firms have a more immediate source of sleepless nights: their own leadership team. According to [...]
FTSE 100 suffers worst month since Covid as Iran war rages on April 1, 2026 The FTSE 100 suffered its worst month since the coronavirus in March, after the United States’ war in the Middle East sparked a historic market reaction that has seen government borrowing costs sprial and oil prices subjected to their largest single-month jump on record. Despite a relief rally on Tuesday, London’s blue-chip index fell more [...]