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Business

  • Motor finance compensation scheme set to fuel even more legal action

    March 31, 2026

    The City watchdog has revealed its long-awaited motor finance redress scheme, but despite the bill for lenders coming in lower than predicted the scandal is not going away any time soon, as further legal action is expected. After a 2024 legal case ruled that car sales firms couldn’t lawfully receive commissions from finance firms unless they had [...]

  • Bedford Blues chief: Champ Rugby clubs are investment opportunities

    March 31, 2026

    When the RFU Council approved plans that would ringfence Prem Rugby for a number of years and create what many described as a franchise league, it is fair to say there were critics. And there still are, with many of them within the second-tier Champ. But Prem Rugby may not be a closed shop forever, [...]

  • Roblox rival Rec Room to shut down after losses

    March 31, 2026

    A major rival to Roblox is shutting down after failing to turn its large user base into a profitable business, 10 years after its launch. Rec Room said it will close on June 1, despite having attracted more than 150 million players and creators and reaching a valuation of $3.5bn (£2.65bn) at its peak. In [...]

  • Awful April: brace for a wave of stealth tax rises

    March 31, 2026

    April is upon us and the new tax year will usher in a range of tax hikes, despite the absence of any headline rate rises, with frozen thresholds, shrinking allowances and tighter reliefs set to hit families, workers and savers. The harsh impact will also be felt as Brits are hit with a wave of [...]

  • CMA launches investigation into Microsoft amid cloud contract crackdown

    March 31, 2026

    The UK’s competition watchdog has launched a new probe into Microsoft’s business software ecosystem, as part of a wider push to loosen the grip of Big Tech on cloud, and boost competition for British firms. The Competition and Markets Authority (CMA) said it will open a strategic market status investigation in Microsoft’s suite, including Windows, [...]

  • PWR rugby opens door to British and Irish league

    March 31, 2026

    Top flight English rugby could become a British and Irish league after Professional Women’s Rugby launched a tender process for potential new teams. The PWR, seen as the most advanced women’s rugby competition in the world, features nine English teams but could see that number rise after inviting expressions of interest from Wales, Scotland and [...]

  • Marmite maker Unilever creates food empire in $45bn merger

    March 31, 2026

    Unilever has sealed a $45bn merger of its food brands with US spice and seasoning giant McCormick, forging a $60bn food empire in which the London-based firm holds a majority stake. Unilever and its shareholders will own 65 per cent in the new body, with the firm receiving $15.7bn (£11.6bn) in cash and the equivalent [...]

  • Trump tells Starmer to ‘go get your own oil’

    March 31, 2026

    President Donald Trump has told Sir Keir Starmer that the UK will have to “fight for yourself” as the US would not provide any support in fuel supplies. In another threat targeted at Starmer posted on his own social media platform, the US president mocked the UK’s struggles in obtaining jet fuel because of a [...]

  • Michele Kang committed to funding London City Lionesses after £10.6m loss

    March 31, 2026

    London City Lionesses chiefs insist Michele Kang will continue to fund the club’s growth after they posted a £10.6m loss for the 2024-25 season, when they won promotion to the Women’s Super League. US billionaire Kang, who also owns French side OL Lyonnes and NWSL team Washington Spirit, injected £12.5m into London City Lionesses via [...]

  • German backers of Olympia redevelopment add new £500m investment

    March 31, 2026

    The German investors behind the redevelopment of Kensington’s Olympia exhibition centre have committed an additional £500m as the consortium refinances the project. Deutsche Bank AG will hand a £900m loan to the consortium behind the project, which includes German pension fund Bayerische Versorgungskammer and insurer Versorgungskammer Bayern. The project is one of London’s biggest regeneration [...]

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