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      The FCA has been urged to show change in its motor finance redress scheme.

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Business

  • The Capitalist: RAC is not a roadside assistance firm

    March 26, 2026

    Breakdown…in comms The Capitalist was shocked this week after being approached by a spokesperson for RAC, telling City AM off for referring to the company as a roadside assistance firm in a recent story. RAC is not, in fact, a roadside assistance firm, said the spokesperson, who was from PR company Brunswick. Which is funny, [...]

  • US ambassador: UK’s closer ties with EU are a problem

    March 26, 2026

    Britain pursuing closer ties with the European Union will “not be viewed favourably” in the White House if it in any way affects the trading relationship between the UK and US, Washington’s ambassador to the UK has warned. Warren Stephens said that the government’s recent decision to adopt over 70 European rules onto the UK [...]

  • Why Westminster’s finest keep ending up on Big Tech’s payroll

    March 26, 2026

    There is a sense of irony in that the employees Silicon Valley’s tech giants most want to hire, are actually the ones who spent years in the public sector trying to work out what to do about them. Nick Clegg, who served as deputy Prime Minister sat through more than one anxious Whitehall discussion about [...]

  • Sports hospitality giant chaired by England cricket chief launches £350m plan

    March 26, 2026

    Sports hospitality giant Levy has launched a new umbrella brand for its portfolio of businesses, Lyvera, as part of ambitious plans to double turnover to £350m by 2028. Lyvera will incorporate Keith Prowse, Gullivers Sports Travel, The Experience Golf, Lime Venue Portfolio, Events International, the Venues Collection and recent acquisition the iLuka Collective. Levy, which [...]

  • 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 [...]

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