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Business

  • Badenoch says ‘strong woman’ should replace Starmer

    March 18, 2026

    Kemi Badenoch called for a “strong woman” to replace Sir Keir Starmer as Prime Minister after repeated refusals to answer whether he spoke to Lord Peter Mandelson before appointing him as ambassador to the US.  Badenoch attacked Starmer for deflecting questions about Mandelson, even as the Prime Minister’s spokesman confirmed last week that it was [...]

  • Greene King to put 150 pubs on chopping block

    March 18, 2026

    Pubs giant Greene King is considering selling 150 of its pubs and offloading dozens more to franchisees, as its managing director quits.  The pub operator, which has 2,500 premises in the UK, has said it will put around 300 of its managed pubs into a separate unit – with 150 of these intended for sale [...]

  • Government drops AI copyright opt-out plan after industry backlash

    March 18, 2026

    The government has scrapped its preferred proposal to allow AI firms to train on copyrighted material by default, as it shifts its approach after sustained opposition from the UK’s creative sector. In a report published on Tuesday morning, ministers confirmed they are U-turning from the proposed ‘opt-out’ model, which would have allowed developers to use [...]

  • Shepherd Neame braces for energy price shock as Iran war drives up costs

    March 18, 2026

    Shepherd Neame has become the latest pub company to express concern over the spectre of rising energy costs after the war in Iran sent the price of oil soaring. The Kent-based brewer, pub and hotel group, which is listed on the Aquis stock exchange, said its energy was “heavily hedged” into the next financial year [...]

  • Government ‘must not delay’ over Abramovich’s £2.5bn Chelsea funds, Tories say

    March 18, 2026

    Shadow chancellor Mel Stride has insisted the government “must not delay taking further action” against Roman Abramovich to unlock £2.5bn held after his sale of Chelsea. The Russian was forced to offload the Premier League club in 2022 after Vladimir Putin’s invasion of Ukraine, with the proceeds of the sale to a consortium led by [...]

  • Pension transfers: Sluggish providers holding up your money

    March 18, 2026

    Some UK pension providers and administrators are taking eighteen times longer to transfer retirement savings than their counterparts, leaving savers waiting months for their money to be moved. The fastest transfers took just five days, while the slowest took between a staggering 47 to 90 days, according to the latest analysis from Pension Bee. Some [...]

  • Chelsea punishment ‘extremely lenient’, says club’s former exec Purslow

    March 18, 2026

    Former Chelsea executive Christian Purslow has labelled the club’s punishment from the Premier League for making undisclosed payments totalling £47.5m “extremely lenient and favourable”. Chelsea escaped with a £10.75m fine and suspended transfer ban after the club’s current owners self-reported offences they said they had discovered in an audit of the previous ownership of Roman [...]

  • City fears Rayner’s rise as she warns Starmer that Labour is ‘running out of time’

    March 18, 2026

    Angela Rayner’s ascendancy to the Labour leadership has been flagged as a risk for public finances as the former deputy prime minister said the party was “running out of time”.  At a rally on Tuesday night, Rayner suggested that Labour was viewed as representing “the establishment” and said the party’s survival was “at stake”.  She [...]

  • Bar of the week: Flipdog, the Shoreditch spot stoking its cocktails with a hot poker

    March 18, 2026

    Hot pokers and experimental cocktails? Thanks very much, says Anna Moloney in her write up of new Shoreditch hotspot Flipdog.

  • Ramsdens shares rocket as pawnbroker cashes in on gold boom

    March 18, 2026

    Shares in pawnbroker Ramsdens rocketed as it looked poised to take advantage of gold prices, inflated by the Iran war, by taking as much as £28m this year. The firm’s share price soared by more than ten per cent on Wednesday, to 404p, leaving it up more than four per cent in the year so [...]

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