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Business

  • Haleon takes hit from ‘weak cold and flu season’ but Sensodyne shines

    April 29, 2026

    After being spun out from GSK in the biggest London IPO in decades, City analyst are looking for more from the emblematic FTSE 100 consumer healthcare powerhouse with roots in a Lombard Street apothecary shop Fewer sniffles during the winter have sent a chill through sales volumes at Haleon, the FTSE 100 over-the-counter remedy maker. [...]

  • Newcastle United’s Saudi owners in town for stadium discussions

    April 29, 2026

    Newcastle United’s Saudi Arabian owners are on Tyneside this week to discuss the future of St James’ Park and plans for a £100m boost. Whether the Premier League club redevelop their famous ground or build a new one in the adjacent Leazes Park remains a contentious point for the club’s ownership and fanbase. But a [...]

  • Banning payment for order flow is an EU blunder the UK shouldn’t repeat

    April 29, 2026

    As the EU looks to impose a full ban of payment for order flow, Sylvain Thieullent argues why that would be misguided for the UK.

  • 2026 World Cup prize money boosted as Fifa counts on $11bn revenue bonanza

    April 29, 2026

    Fifa has topped up prize money for the 2026 World Cup after teams raised concerns about the cost of competing in a tournament that spans the US, Canada and Mexico. Football’s world governing body has approved an increase in total payouts from the $727m it announced in December to $871m, raising the guaranteed sum for [...]

  • Lloyds fires bank tax warning shot as industry ‘ripe for cash grab’

    April 29, 2026

    Lloyds Banking Group has warned the Treasury not to look at the banks for a tax raid as the industry sets its sights on booming profits in 2026. The FTSE 100 giant beat profit expectations by a cool £200m in the first-quarter after booking £2bn. This was also followed up by an upgrade to its [...]

  • Citadel founder questions understanding of private credit risks 

    April 29, 2026

    Hedge fund billionaire Ken Griffin has questioned whether wealthy individuals understand the risks that come with investing in private credit, as the industry wobbles under pressure from investors looking to pull money out. Griffin, who founded $67bn hedge fund Citadel and trading firm Citadel Securities, is the latest in a string of high-profile financial leaders [...]

  • Brits booking holidays last minute over Iran war fears, says Jet2

    April 29, 2026

    Budget airline Jet2 said Brits are leaving holiday bookings until the very last minute as the Iran war threatens to wreak havoc on summer tourism plans.  The UK’s third-largest package holiday provider said on Wednesday: “Since commencement of the conflict in the Middle East, the booking profile has become increasingly close to departure.” But the [...]

  • End of deadlock: Pension Schemes Bill to become law as government backs down

    April 29, 2026

    The Pension Schemes Bill is set to become law after the House of Lords agreed to final watering down plans from the government, ending the long-standing deadlock between the two houses. The legislation had run into multiple walls amid consistent back and forth between the lower and upper house, after neither side refused to back [...]

  • Airport warning over ‘full’ Heathrow as transfer traffic takes off on Iran war

    April 29, 2026

    London’s main gateway to the world and the UK’s busiest airport issued a forthright warning over its capacity on Wednesday, as war in the Middle East meant demand for flight transfers took off. “Heathrow is full”, said its chief financial officer, Sally Ding. She spoke out alongside the release of first-quarter numbers which revealed 18.9m [...]

  • Mercedes Benz joins legal battle over £9bn motor finance scheme

    April 29, 2026

    Mercedes Benz is confirmed to be among the four legal challenges lodged against the UK financial watchdog’s motor finance redress scheme. The financial services arm of the German car giant is set to challenge the scheme that puts the car finance industry on the hook for £9.1bn in compensation. The carmarker has thus far set [...]

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