Housing market struggles for momentum as Iran war looms March 12, 2026 The UK housing market is struggling for momentum as uncertainty caused by the Iran war prompts banks to hike mortgage rates and pull deals. New buyer inquiries weakened in February as 26 per cent of property professionals reported a fall in interest, up from 15 per cent in January, according to the Royal Institution of [...]
Revolut is now a bank. Raise a glass to this stellar British success story March 11, 2026 It has been a painfully long wait for Revolut. But at last, the patience of Europe’s most valuable fintech has paid off. Its British banking licence has arrived. This is the final step in Revolut’s decade-long journey to become a fully-fledged bank. That means it is no longer – by any yardstick – a startup. [...]
House of Lords warns ministers’ pension power grab ‘dangerous and unjustified’ March 11, 2026 A member of the House of Lords has described the reserve power in the Pension Schemes Bill as “dangerous and unjustified” as ministers face intense scrutiny over the detail of their overhaul of the pensions system. Speaking in the House of Lords during an urgent question session, Baroness Stedman-Scott, a Conservative member, called out the [...]
Haringey peddles two-bike model after Richmond Lime snub March 11, 2026 Haringey has handed Forest and Lime a new four-year dockless e-bike contract, doubling down on a two-operator model just as Richmond moves in the opposite direction and edges towards pushing Lime out. The north London borough’s cabinet this week approved the appointment of two operators for an initial two-year term from 1 April 2026, with [...]
Standard Chartered evacuates Dubai offices amid Iran war March 11, 2026 London-headquartered Standard Chartered has begun to evacuate staff from its offices in Dubai following the latest escalations in the war in the Middle East. The FTSE 100 giant boasts a large presence in the region as part of international expansion efforts across the United Arab Emirates but has now found itself caught in the growing [...]
Mandelson wanted a near £550,000 payout – and got £75,000 March 11, 2026 Peter Mandelson demanded a £547,201 payout for the remainder of his time as UK ambassador to the US after being sacked, with a settlement of £75,000 being agreed with the Foreign Office, official documents have shown. In the first tranche of documents to be released by the government relating to Mandelson’s time as ambassador, it [...]
Hundred auction: Wong and Cortneen-Coleman get 700 per cent pay rises March 11, 2026 Rising stars of English cricket Dani Gibson, Issy Wong and Tilly Cortneen-Coleman have cashed in after attracting some of the biggest bids in the inaugural auction for The Hundred. Sunrisers Leeds secured the signing of all-rounder Gibson, 24, for £190,000, making her the most expensive Englishwoman in Britain’s first auction in a major sport. Pace [...]
Fuel duty rise ‘under review’ as Iran war response sparks tensions March 11, 2026 Sir Keir Starmer has said a rise in fuel scheduled for September is “under review” hours after Rachel Reeves hinted an energy support package could be drawn up. Starmer said fuel duty would remain frozen until September and the policy would be kept “under review in light of what’s happening in Iran” when he was [...]
Gen-Z swaps pints for gym memberships, fitness boss claims March 11, 2026 Gen-Z fitness fanatics are opting for gym memberships over pints as social media trends drive young Brits to socialise at the pull-up bar rather than the nightclub bar, the boss of The Gym Group has claimed. Will Orr, chief executive at the only London-listed gym provider, told City AM his gyms have seen a surge [...]
New digital V levels aim to bridge Britain’s AI skills gap March 11, 2026 The government’s new digital V-level is meant to solve two problems at once: the confusion of England’s post-16 qualifications system, and the growing mismatch between what young people learn and what employers now need. From 2027, ‘digital’ will be one of the first three V-level subjects offered alongside education and early years, alongside finance and [...]