Monzo and Revolut take banking battle to the playground April 1, 2026 Banks are turning their attention to the younger generation and in this week’s column Samuel Norman takes a look at the money to be made with Gen Alpha. The Tooth Fairy is losing her magic touch. After centuries of cultural dominance in the under-the-pillow money market, the primary dealer of calcium-for-cash faces a hostile takeover. [...]
UK business confidence plunges to another record low April 1, 2026 Business confidence in the future of the UK economy has plunged to another record low as directors fear the war will damage investment plans and increase costs, a leading survey has found. Research by the Institute of Directors recorded business confidence dropping to a net figure of -76 in March, compared to -63 in February. [...]
Tottenham Hotspur make £121m pre-tax loss despite Europa League win March 31, 2026 Tottenham Hotspur have announced a pre-tax loss of £121m for last season despite revenue increasing by seven per cent as they won the Europa League. Spurs, who are set to name Roberto de Zerbi as their new manager in a bid to stave off the threat of relegation, suffered a drop in media revenues as [...]
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 [...]