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Business

  • UK trials teen social media bans ahead of potential crackdown

    March 25, 2026

    Hundreds of teenagers across the UK are set to take part in a government-backed trial of social media restrictions, as ministers weigh whether to introduce a nationwide ban for under-16s. The six-week pilot will see 300 teenagers aged between 13 and 17 split into four groups, testing different levels of access to apps such as [...]

  • Natwest sells HR advisory arm in latest structure overhaul

    March 25, 2026

    Natwest has sold its human resources advisory arm to a private-equity backed rival in the latest deal by the banking giant on the road to streamlining its operations. The FTSE 100 titan has offloaded Mentor – its small business HR support service – to Empowering People Group, a specialist HR service backed by Limerston Capital. [...]

  • Food industry warns of inflation ‘calm before the storm’

    March 25, 2026

    Food and retail bosses have warned the fall in food inflation is the “calm before the storm,” as business brace for the Iran war to push up energy costs. Trade body Food and Drink Federation (FDF) said Wednesday’s drop in food inflation – from 3.6 to 3.3 per cent year on year – could be [...]

  • Price growth set to almost double yet interest rate hike uncertain

    March 25, 2026

    Price growth could jump to as high as five per cent within months, economists have said, leaving the outlook for interest rates more uncertain.  Top City economists said they expected inflation to rise to nearly double the rate seen just before war in the Middle East broke out, leaving the Bank of England with a [...]

  • Tiger Woods Masters fitness update hands boost to golf TV channels

    March 25, 2026

    Broadcasters’ prospects of attracting bumper viewing figures for the Masters have been boosted after Tiger Woods said he hoped to play at Augusta next month. Woods made his competitive return in the finals of TGL, the hybrid golf league he founded with Rory McIlroy, on Tuesday night. And although the 50-year-old’s Jupiter Links team lost [...]

  • Iran mocks Trump’s peace talks as oil price takes sharp drop

    March 25, 2026

    The Iranian regime has mocked claims from Donald Trump that talks to end the war were progressing as markets struggle to digest a mixed bag of messages. Tehran downplayed expectations of any immediate ceasefire, following emerging reports that the US had offered a 15-point ceasefire plan. The President said the US was in “productive” talks [...]

  • Regulator unveils major overhaul to its audit supervision

    March 25, 2026

    The Financial Reporting Council (FRC) is introducing a major overhaul of its audit supervisory model, aiming to replace the current system with one designed to enhance audit quality. The accountancy watchdog is moving its primary focus to a system of quality management (SoQM), placing firm-wide quality controls at the heart of its new supervisory activity. [...]

  • Diageo subsidiary pockets £1.3bn from sale of Indian cricket team

    March 25, 2026

    A subsidiary of Diageo has pocketed £1.3bn from the sale of its Indian cricket team as the drinks giant divests assets to focus on its core business. The FTSE 100 firm acquired Indian team Royal Challengers just over a decade ago as part of its acquisition of a majority stake in United Spirits, an Indian [...]

  • Inflation stays above Bank of England’s target before Iran war

    March 25, 2026

    Inflation in the year to February remained well above the Bank of England’s target rate in the last piece of price data covering the period before war in the Middle East erupted.  The Office for National Statistics (ONS) revealed that CPI inflation over the 12 month period was three per cent, staying flat on the [...]

  • FTSE 100 Live: Stocks soar as Trump claims ‘victory’ in Iran; Economists clash on inflation

    March 25, 2026

    Welcome back to the City AM liveblog. Fresh figures this morning revealed inflation rose three per cent in the year to February 2026, unchanged from the 12 months to January 2026. Grant Fitzner said: “The largest upwards driver was the price of clothing, which rose this month but fell a year ago. “This was offset [...]

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