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      War of words erupts after Saba wins trust shareholder showdown

      Boaz Weinstein of Saba Capital focuses on investment trusts strategy, highlighting financial acumen and market analysis.

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Business

  • Carabao Cup: Energy drink’s lager set for UK after deal extension

    March 16, 2026

    Energy drink Carabao has extended its sponsorship of the League Cup through until the end of the decade in a deal that will see the UK launch of Carabao Lager. Manchester City and Arsenal clash in Sunday’s Carabao Cup final at Wembley with the match’s title sponsor agreeing a further two-year deal with the EFL [...]

  • Labour’s inheritance tax reforms face legal test as farmers argue unlawful consultation

    March 16, 2026

    The UK government is set to defend its inheritance tax raid on agricultural assets and family firms in the High Court this week. The proposed changes to agricultural property relief (APR) and business property relief (BPR) represent one of the biggest shifts in UK inheritance tax (IHT) policy in decades. After a year of protests [...]

  • 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.

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