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Business

  • NS&I set to fork out millions over huge missing savings scandal

    March 26, 2026

    National Savings and Investments (NS&I) is set to fork out millions of pounds to customers following a missing savings scandal. The government-backed bank is expected to pay out to customers who claim there have been failures in managing their money, with failings dating back years, according to reports in The Telegraph. The bank has been [...]

  • Apple’s new ID checks dubbed as ‘ransomware’ as UK rollout begins

    March 26, 2026

    Apple is rolling out mandatory age verification checks for iPhone and iPad users in the UK, prompting criticism from privacy campaigners who have likened the move to ‘ransomware’. The changes introduced by the latest iOS update will require users to confirm they are over 18 to access certain apps and services. Those who do not [...]

  • NBA Europe: GBBL boss Marshall Glickman in bid for London franchise

    March 26, 2026

    Marshall Glickman, the US basketball supremo behind the aborted GBBL project, is part of one of the bids for a London franchise in NBA Europe, City AM understands. Multiple sources said Glickman, formerly an executive in the NBA and acting CEO of EuroLeague, was attached to an offer for the team set to be established [...]

  • Is Rachel Reeves actually to blame for the ‘Truss crash’?

    March 26, 2026

    After years of blaming the 'Truss crash' on tax cuts, Rachel Reeves has finally gestured to the real problem – her own instinct to overspend, writes Tom Harwood.

  • UK economy set for second lowest growth in G7 – OECD

    March 26, 2026

    The UK economy is set to suffer the second lowest growth and second highest level of inflation in the G7, the OECD has predicted, in a damning set of forecast revisions for the Labour government and the Bank of England.  Growth in the UK will slow to around 0.7 per cent, according to the OECD, [...]

  • Kickstart North Sea production to dodge Iran fallout, Serica warns

    March 26, 2026

    Serica Energy has urged the government to prioritise domestic production in the North Sea, as oil and gas supplies continued to be held in the Strait of Hormuz amid the Iran war in its latest annual results. Serica noted that confidence in the UK North Sea sector had been “eroded” and while the government has [...]

  • London and New York in tight race to be world’s top financial hub

    March 26, 2026

    London and New York are locked in a tight-race in the fight to become the world’s most dominant financial hub. The latest Global Financial Centre’s Index from Z/Yen showed both cities retained their respective spots in new rankings, with each of their scores inching up by a singular point. New York topped the list at [...]

  • Co-op takes £126m knock from cyber attack as boss quits

    March 26, 2026

    Retailer Co-op has slumped to a £126m loss as it reels from the cyber attack which cost the firm nearly £300m last year, as its chief executive quit. The grocery chain is preparing to slash costs in the coming year, as it plans to cut £200m of spending in 2026.  Co-op’s cyber attack in April [...]

  • THG shares soar as it swings back to profit in ‘coming of age moment’

    March 26, 2026

    THG shares soared on Thursday after the e-commerce firm swung back to profit, with pre-tax earnings exceeding market expectations. The London-listed beauty and nutrition retailer posted profit after tax of £54.1m for 2025, turning around a loss of £326m the previous year, helped along by pocketing £103m from the sale of ingredients business Claremont in [...]

  • Next: Iran war costs retailer £15m and could push up prices

    March 26, 2026

    High street giant Next has said it will take a £15m hit from the soaring air freight and fuel prices caused by the Iran war, as it races to make savings elsewhere to offset the costs.  The FTSE 100 firm said it expects the conflict to constrain its growth in the Middle East, which accounts [...]

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