Can vapes save Imperial Brands? April 14, 2026 Twenty years ago, tobacco companies were among the top performers on the London Stock Exchange, driven by consistent cigarette demand and aggressive global expansion. But the attitude towards smoking has since shifted, with the numbers of smokers in the UK dropping off the back of campaigns, the rise of vaping and public health policies. In [...]
From Jaffa Cakes to National Insurance: How to fix Britain’s mad tax system – according to the experts April 14, 2026 In its latest report, the OECD scolded the UK for its illogical and growth-impeding tax system. Ali Lyon speaks to five tax experts to work out how to fix it. Potato crisps and their corn chip cousins are – as indulgent savoury snacks go – undeniably similar. They taste alike and are a similar size. [...]
Wall Street bankers’ bonuses leapfrog City in ‘less impressive’ year April 14, 2026 Wall Street bankers have leapfrogged ahead of the City as the industry’s swelling bonus pot proved “far less impressive” than prior expectations. In the US, the average bonus scored was $154,344 (£114,00) in 2025, marking a 5.85 per cent uplift from the year prior. This also topped the industry average growth of 4.4 per cent. [...]
‘Vandalism’: Reeves and Starmer slammed over defence spending April 14, 2026 Rachel Reeves and Sir Keir Starmer have been slammed for a failure to provide defence with a substantial cash injection as a former Nato secretary general said an “ever-expanding welfare budget” would not keep the UK secure. Downing Street has come under fire for its delay in setting out a clear timeline for an uplift [...]
‘Cure worse than the disease’: Starmer’s mentor lambasts plan to scrap juries April 14, 2026 The proposal to scrap jury trials is “a cure worse than the disease”, according to the founding head of the Chambers where Sir Keir Starmer once practised. David Lammy’s controversial Courts and Tribunals Bill aims to reduce Crown Court backlogs by approximately halving the number of jury trials. The Bill, if passed, will create a [...]
Apple UK posts £5bn turnover as iPhone boom offsets AI lag April 14, 2026 Apple UK racked up just shy of £5bn in turnover last year, as strong iPhone demand helped power growth across its British operations, according to newly filed accounts. The tech behemoth’s UK arm, based in Battersea Power Station, reported revenue of £4.99bn for the year to 28th September 2025, up from £4.7bn the year before, [...]
BP toasts to ‘exceptional’ oil trading after Iran volatility April 14, 2026 Energy giant BP has forecast “exceptional” results in its oil trading division after a period of volatility in prices triggered by the war in the Middle East. The FTSE 100 oil major said upgraded its outlook on Tuesday, which marks a sharp recovery from the “weak” performance reported in the final quarter of 2025. The [...]
FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins April 14, 2026 Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]
MHA chief: Private equity rivals are struggling — ‘we’re really well positioned’ April 14, 2026 Wednesday marks one year since the UK and Ireland’s arm of Baker Tilly International, MHA, rang the bell at the London Stock Exchange. The advisory group didn’t pick an ideal time to list. Though it seems like a lifetime ago, the markets were also riddled with uncertainty. Weeks before MHA went public, Trump had his [...]
Senior leaders are both your happiest and most miserable staff, finds report April 14, 2026 Following a new report finding that senior leaders are both the happiest and saddest staff members, Nik Kinley examines the consequences.