John Lewis boss takes 20 per cent pay rise as retailer cuts jobs April 9, 2026 The new chairman of John Lewis took a pay rise and bonus despite the retailer cutting thousands of jobs. Jason Tarry saw his basic pay rate increase by 21 per cent and took a two per cent bonus, despite his firm slashing more than 3,000 jobs last year. Tarry took the reins of the John [...]
ITV and BBC staples part of sport radio station backed by Zac Goldsmith April 9, 2026 ITV and BBC staples Mark Pougatch and Sonja McLaughlan are part of the sports radio station backed by a multi-million pound investment by Tory peer Zac Goldsmith. Goldsmith and his brother, Ben, are major investors in Track Radio, which will launch next month. ITV Sport regular Pougatch and BBC Six Nations specialist McLaughlan have been [...]
Kanye is awful but so is meddling in private enterprise April 9, 2026 Kanye West's actions are deplorable, but if Wireless wanted to platform him that's their business risk to take, writes Joseph Dinnage.
JP Morgan and Goldman Sachs to lead Wall Street profit haul on back of Iran war April 9, 2026 Top Wall Street banks are tipped to reveal huge profit growth next week amid firm investment banking activity and soaring trading volumes on the back of volatility in the Middle East. Goldman Sachs will issue the starting gun on US banks earnings season on Monday, where boss David Solomon has already teased a boom in [...]
‘Dragged out of the dark ages’: Investment industry welcomes risk warnings review April 9, 2026 The UK investment industry has welcomed the findings of the Risk Warnings Review, emphasising the need to remove the extremes-focused view on investing. The review, a study commissioned by the Chancellor as part of the Leeds Reforms, found that consumers’ perception of risk has seriously hindered investing in the UK, with the state of risk [...]
Bill Ackman in talks to launch fund in bid to pounce on investor complacency April 9, 2026 Bill Ackman is reportedly in talks to launch a new fund in an attempt to copy the success of doomsday trades the investor made during the covid pandemic. The billionaire hedge fund manager’s investment company Pershing Square would use the fund to make “asymmetric” trades aimed at profiting by betting against the leading market narratives, [...]
Co-op merger to bring huge shakeup to retail and funeral giant April 9, 2026 The Co-op Group is preparing to takeover the Southern Co-op, in a merger which would bring a major shakeup to the retail and funeral giant in its bid to move on from a crushing cyber attack. The deal would see the group snap up around 300 food stores, funeral branches and Starbucks coffee shops. The [...]
Brewdog: Co-founder James Watt ‘terminated’ as director April 9, 2026 Brewdog co-founder James Watt has been “terminated” as director of the craft beer firm after its sale to a US cannabis giant. Watt established the brewing company with schoolmate Martin Dickie in 2006 but resigned as a company director on 24 March, according to Companies House filings. Brewdog kickstarted the UK’s craft beer craze but [...]
Ceasefire hangs in balance after Iran shuts Hormuz April 9, 2026 Hopes of an extended deescalation in the Middle East remain hanging by a thread, after Iran shut the vital Strait of Hormuz shipping lane in response to a round of Israeli strikes on Lebanon. Oil tankers have been barred from passing through the narrow stretch of water responsible for carrying over a fifth of seaborne [...]
BDO culls senior partners to clear path for younger staff April 9, 2026 Leading mid-tier advisory firm BDO is set to cut around 6 per cent of its total partner headcount, targeting older partners. The firm is set to axe 31 partners, mainly older staff who were expected to retire soon, or hires from rivals, as it seeks to open space for younger staff, according to the Financial [...]