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Business

  • ‘Fibremaxxing’: How food manufacturers made fibre cool again

    March 12, 2026

    “Fibremaxxing,” the UK’s new healthy eating trend, erupted at the start of 2026, as fibre replaced protein as the go-to fashionable food. Previously mundane, bland foods like prunes and seeded bread surged in popularity, with posts with the hashtags “fibremaxxing” having been viewed more than 150m times on TikTok.  Sales of prunes increased 60 per [...]

  • Here we go again: Tube strikes to hit London from March to May

    March 12, 2026

    Fresh tube strikes are set to take place over a period of two months with businesses and commuters hit by union action on some of the busiest days of the week. RMT, the union representing London Underground staff, has announced that strikes will take place over 12 days between March and May, with both morning [...]

  • Estee Lauder sues Jo Malone

    March 12, 2026

    Beauty giant Estee Lauder has launched legal action against perfumer Jo Willcox (nee Malone) over her new perfume brand with Zara. Estee Lauder bought Malone’s self-named perfume brand and naming rights ⁠in 1999 for ‘undisclosed millions’. She stayed on as creative director until 2006, when she left her eponymous perfume brand. After a five-year legal [...]

  • M&G continues road to recovery as net inflows rise

    March 12, 2026

    M&G reported a reserve to outflows in its latest annual results after a return to growth in its Life business and asset management gained momentum. The investment manager reported net inflows of £7.8bn in the last financial year, up from net outflows of £1.9bn the prior year, which the company pinned on “challenging market conditions” [...]

  • Lloyds Bank investigating ‘technical glitch’ as users see rogue transactions

    March 12, 2026

    Lloyds Banking Group is looking into a “technical glitch” that left users of the bank’s app on Thursday morning seeing other users’ transactions on their mobile app. The group – which consists of Lloyds, Halifax and Bank of Scotland – responded to concerned customers on X in the early morning that it was looking into [...]

  • Here comes Elon: Tesla wins licence to supply electricity in Britain

    March 12, 2026

    Tesla has been granted approval to supply electricity to homes and businesses across the UK, opening the door for the electric vehicle giant to enter the country’s retail energy market. Energy regulator Ofgem confirmed on Thursday that Tesla Energy Ventures Limited, a subsidiary of Musk’s company, has been granted an electricity supply licence by the [...]

  • On the Beach shares tumble as it tears up guidance amid bookings slowdown 

    March 12, 2026

    On the Beach has torn up its guidance for the forthcoming year after warning that tensions in the Middle East have sparked a sharp slowdown in bookings. The online travel agent previously forecast pre-tax profit of between £39m and £43m. “Whilst the group has limited exposure to destinations in the Middle East, it has experienced [...]

  • Savills shares slide as Middle East war shakes property market

    March 12, 2026

    Shares in property giant Savills slid eight per cent as the Iran war shakes the confidence of the UK’s property market. The FTSE 250 firm’s share price fell by 7.98 per cent on Thursday to 922p, leaving the stock down six per cent in the year so far. Adam Vettesse, market analyst at eToro said [...]

  • Shawbrook shares dive after profit jump on bullish AI plans

    March 12, 2026

    Shawbrook Bank reported a jump in profit for the last year in its first set of first set of financial results since its landmark IPO in October. The London-listed bank reported a pre-tax profit of £340.5m, up from £293.8m the year prior as costs tumbled and the group’s loan book swelled. Still, the firm’s shares [...]

  • John Lewis reinstates staff bonus but remains ‘cautious’

    March 12, 2026

    John Lewis has returned its staff bonus after years of its suspension, as the retail titan turned a profit but remains “cautious” in a testing retail environment. The partnership, which also owns Waitrose, made a £134m profit in the year to January 2025, up six per cent from the year before, and notched growing sales [...]

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