Chinese online retailer takes on Amazon March 16, 2026 Chinese retail giant JD.com has mounted a challenge to Amazon’s control of the home-delivery market with its UK launch of online shop Joybuy. The platform will offer big-name brands including Apple, Samsung and Lego and is taking on Amazon’s reputation for speedy delivery with its “Double 11” promise – meaning orders placed before 11am will [...]
Starmer: ‘Viable plan’ needed for Trump’s Strait of Hormuz request March 16, 2026 Sir Keir Starmer has said he is still in discussions to draw up a “viable, collective plan” with European allies in response to President Trump’s call for help in the Strait of Hormuz. In a press conference on Monday, the Prime Minister insisted that the country would “not be drawn into the wider war” in [...]
Rooftop hospitality at Cheltenham Festival after £100m Jockey Club deal March 16, 2026 The Jockey Club has agreed a £100m investment deal with Levy in a move that will see major upgrades to the Cheltenham Festival and Epsom Derby. The agreement, with the sport division of Compass Group, will span 20 years and see the Jockey Club seek to enhance the “spectator experience across their UK racecourses”. Chief [...]
Government overhauls FOS to curb ‘quasi-regulator’ role March 16, 2026 The government has announced the most significant overhaul of the Financial Ombudsman Service (FOS) since its inception. Following a public consultation held last year that sought views on how to address concerns, it was found that in a small but significant minority of cases, the FOS has acted as a ‘quasi-regulator’. As part of the [...]
Dragons Den star steps in to save Robert Dyas March 16, 2026 A former Dragons Den star has stepped in to “steady the ship” at a beloved high street hardware store as losses climb. Theo Paphitis, who owns a string of retailers, has installed himself as interim chief executive at Robert Dyas, as the home improvement and electrical appliance seller battles “testing times”. Paphitis bought the retailer [...]
UK banking sector faces ‘AI-washing’ legal warning March 16, 2026 The UK’s banking sector is facing a new wave of regulatory AI warnings as bullish lenders race to rapidly beef up their tech capacity. Rosehana Amin, cyber and litigation partner at Clyde & Co LLP, warned banks may face a significant legal liability over misleading markets over their use of AI. Speaking at the City [...]
Companies House admits security failure was live for six months March 16, 2026 A security vulnerability which allowed Companies House users to view and change other companies’ details without their consent was live for at least the past six months, the government registry has admitted. An investigation conducted by Companies House over the weekend has found that the security failure was introduced in an October 2025 update to [...]
New satellite rules could prove catastrophic for UK business March 16, 2026 Satellite interference rules are being rewritten. The risks for defence and UK business interests could be catastrophic, writes Mark Allatt.
Starmer urged to tighten law on Slapps following Mandelson scandal March 16, 2026 Sir Keir Starmer has been urged to tighten the law to prevent the powerful and wealthy from stopping stories about them, following the Lord Mandelson scandal. A dozen Labour MPs have written to the Prime Minister to ensure that strategic lawsuits against public participation, known as Slapps, is included in the King’s Speech in May. [...]
Will Thames Water’s latest rescue package pass muster? March 16, 2026 Thames Water’s latest rescue package has been designed to fend off the public’s criticism of the way the company has been mismanaged. In a statement, Thames Water said the new detail would comprise £6.6bn of new debt – including £3.3bn accessible on day one of the rescue plan being implemented – which will be provided [...]