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Business

  • Caxton extends losses as Iran war slams markets

    March 25, 2026

    London based hedge fund Caxton Associates has extended its losses as the Middle Eastern conflict continues to impact global markets. The fund’s losses rose by more than $1.3bn (£971.1m), with its $9bn macro fund, which is run by chief executive Andrew Law, is down 15 per cent this month to 20 March, according to two [...]

  • London Marathon could have 100,000 runners in 2027

    March 25, 2026

    Over 100,000 people could take part in the 2027 London Marathon amid reported plans to stage the major running race over two days. The London Marathon, a staple of the sporting calendar in the capital, could be split over two days from 2027 in what the Guardian reports is being dubbed the Double London Marathon. [...]

  • IAG and Ryanair ‘best equipped’ to manage airlines’ fuel rationing

    March 25, 2026

    Ryanair and British Airways owner IAG are the two carriers best equipped to manage the crisis unfolding in the in the Middle East, according to a top investment bank which warned that potential supply rationing of jet fuel “could not be ruled out”. In a note published on Wednesday, Panmure Liberum said the pair of [...]

  • Blackrock boss Larry Fink says AI will boost trade jobs

    March 25, 2026

    Society needs to rethink its view of careers as AI reshapes the job market, Blackrock chief Larry Fink has said, warning that skilled trades like plumbing and electrical work will become more valuable while some office roles decline. In an interview with the BBC, the asset manager boss claimed the US had “overdid” its push [...]

  • NS&I under fire for ‘short-changing’ bereavers

    March 25, 2026

    The UK’s state-owned savings giant is facing mounting backlash over its handling bereaved families’ savings. National Savings and Investments (NS&I) – formerly called the Post Office Savings Bank – has faced criticism for leaving families of deceased savers forced to call in lawyers to claw back their rightful cash. The Treasury-backed vehicle, which holds around £250bn [...]

  • Arm moves into chips as boss says firm will deliver silicon

    March 25, 2026

    Arm boss Rene Haas said the company will begin delivering its own chips as it unveiled its first in-house processor, marking a major shift for the UK tech firm. “With today’s announcement, we’re expanding the Arm compute platform to include delivery of production silicon with our Arm AGI CPU,” Haas said. The Cambridge-based company revealed [...]

  • Crispin Odey accused of ‘trying to manipulate’ a woman he assaulted

    March 25, 2026

    Crispin Odey has been accused of “trying to manipulate” a woman into silence, after the financial regulator alleged that the disgraced financier tried to discourage her from giving a full account of her experience with him. In text messages shown in court sent to a woman, Odey said: “Really sorry… the FCA is pursuing a [...]

  • Starmer says he doesn’t hold power to approve North Sea projects

    March 25, 2026

    Sir Keir Starmer has said he doesn’t hold legal powers to approve fresh exploration of North Sea oil and gas fields, with the decision falling in the hands of net zero secretary Ed Miliband. Starmer said current legislation determined that a quasi-judicial decision relating to cases for more gas extraction at Shell’s Jackdaw site and [...]

  • Tennis stars Sinner, Draper and Sabalenka turn up heat on Grand Slams

    March 25, 2026

    Tennis stars including Jannik Sinner, Britain’s Jack Draper and Aryna Sabalenka have turned up the pressure on Grand Slam chiefs to agree to prize money increases and other reforms. Most of the top 10 from the men’s ATP and women’s WTA rankings are lobbying the Slams to raise the proportion of tournament revenue allocated to [...]

  • Tories would welcome Claire Williams to party after former F1 owner’s comments

    March 25, 2026

    The Tories would welcome former Formula 1 team owner Claire Williams into their ranks after she expressed an interest in a political career. Williams, who once ran the eponymous Formula 1 team, which she sold for $150m in 2020, told City AM that she would be interested in going into politics once her child had [...]

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