UK economy grew 1.4 per cent in 2025 March 31, 2026 The UK economy grew 1.4 per cent in 2025, official data has shown as data analysts nudged up the estimate for the year. The Office for National Statistics has confirmed that the UK economy grew more than originally thought but growth slowed down radically as the year passed. It found that GDP increased by 0.1 [...]
Princes Group signals price hikes as Middle East conflict piles pressure on costs March 31, 2026 Tinned tuna giant Princes has signalled a potential hike in prices, as the conflict in the Middle East continues to pile pressure on business costs. The Liverpool-based owner of Branston and Flora, noted that it could raise prices where needed to offset cost pressures from rising fuel, transport and plastic packaging costs caused by the [...]
Lloyds and Close Brothers shares rally as banks ‘assess’ impact of motor finance redress March 31, 2026 Shares in UK motor finance lenders had a volatile opening this morning as markets digested the final rules of the financial watchdog’s industry-wide redress scheme. Lloyds Banking Group – the owner of the nation’s largest motor finance lender Black Horse – crept up over one per cent in early trading to tip over the 92p [...]
Raspberry Pi shares soar as revenue set to surge past expectations March 31, 2026 Shares in Raspberry Pi jumped early on Tuesday morning after the mini computer seller said its revenue was set to surge past market expectations. The London-listed business said its full-year profitability is anticipated to be in-line with market estimates, with revenue “materially higher.” Pre-tax profit increased 63 per cent to $26.5m, as revenue grew 25 [...]
Fuel crisis grounds thousands of flights as Iran war sends oil prices soaring March 31, 2026 Thousands of flights have been cancelled, and more are planned, as global airlines struggle with surging fuel costs in the wake of the war in Iran. According to data by aviation analytics company Cirium, more than one in 20 flights scheduled to take off on Monday were cancelled. Jet fuel, which is generally more expensive [...]
Exclusive: Databricks commits $850m in vote of confidence for UK tech March 31, 2026 Databricks is pouring more than $850m (£644m) into the UK over the next three years, City AM understands, in a major vote of confidence in Britain’s position as a European AI hub. The US data and AI group said it would quadruple its London office footprint with a new 137,000 sq ft headquarters in Fitzrovia, [...]
House prices pick up but property outlook remains ‘clouded’ March 31, 2026 House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]
Heathrow to remain world’s most expensive airport March 31, 2026 Heathrow is poised remain the most expensive airport in the world, under plans submitted by the the UK’s aviation watchdog which permit the hub to raise its passenger fee despite a frenzied lobbying effort from the airline industry. The Civil Aviation Authority has proposed lifting the maximum charge on carriers by 40p to an average [...]
FTSE 100 Live: Stocks inch up; Fuel shortage fears hit airlines; Unilever nears food deal March 31, 2026 Good morning and welcome back to the City AM liveblog. Oil prices are on track for its biggest monthly gain on record for March following the outbreak of war in Iran. It comes as the war in Iran continues to cause ripples through the market, with Brent crude – the international benchmark for oil prices [...]
As KPMG looks to cut hundreds of staff, expect more layoffs at the Big Four March 31, 2026 The Big Four giants, after hitting pandemic-era highs, are currently navigating a perfect storm of challenges: a harsher market, a surge in AI investment and a stagnant economy. These pressures are forcing firms to take a pair of shears to their workforces as the industry’s traditional “attrition model” fails to keep pace with reality. Over [...]