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Business

  • Bank of England: We can’t eliminate bias in AI

    March 16, 2026

    A top boss at the Bank of England has warned the use of artificial intelligence programs will never be bias-free and instead users must be aware of the risk. Jem Davis, chief compliance officer at the Bank of England, said: “My view is you’re probably not going to be able to eliminate bias completely, but [...]

  • Tyson v Bruno: How UK’s first pay-per-view fight shaped next 30 years

    March 16, 2026

    One day in early 1996 at Sky’s Athena Court headquarters in Osterley a group of people made a decision that would change the sporting landscape across the United Kingdom forever. Thirty years ago this week the second fight between Frank Bruno and Mike Tyson had been billed for 16 March 1996, and it was chosen [...]

  • ‘More needs to be done’ to help pension savers after salary sacrifice, says Standard life boss

    March 16, 2026

    The boss of one of the UK’s largest pension providers has warned “more needs to be done” to help those saving for retirement after the government introduced a cap on salary sacrifice in the latest Budget. Andy Briggs, the chief executive of Standard Life, told City AM: “Obviously, we weren’t supportive of [salary sacrifice changes] [...]

  • Brewdog US bars snapped up by beer firm’s UK buyer

    March 16, 2026

    The US cannabis firm which bought craft beer giant Brewdog’s UK arm has agreed to buy some of its American bars and brewing facilities. Tilray Brands, a pharma firm which sells cannabis and alcoholic lifestyle products, struck the deal for a string of Brewdog’s US operations after sealing a £33m deal for the beer firm’s [...]

  • Brits fleeing Dubai could trigger ‘surprise’ UK tax bills

    March 16, 2026

    British expats returning to the UK from the Middle East over safety concerns as a result of the war in Iran could face “hidden tax costs”. The British expat population in the UAE is among the largest outside the UK, with estimates of 130,000 to 240,000 British nationals living and working in Dubai and Abu [...]

  • Sheffield Wednesday: Football regulator already in talks over new club owners

    March 16, 2026

    The Independent Football Regulator has already begun holding talks over specific prospective buyers of English clubs, including Sheffield Wednesday. The IFR will assume responsibility from the English Football League (EFL) for vetting club owners and directors from May so have asked for any takeovers and board appointments currently under discussion to be flagged by the [...]

  • Brits remain in the dark over pension tax relief rate as deadline looms 

    March 16, 2026

    The countdown is on for the end of the tax year, but Brits are still in the dark over their pension tax relief, causing them to miss opportunities to boost their wealth. Almost nine in ten people do not know the rate of tax relief they receive on pension contributions, according to the latest research [...]

  • Chelsea hit with £11m fine and Premier League transfer ban

    March 16, 2026

    Chelsea have been slapped with a £11m fine and a transfer ban for breaching Premier League rules under their previous ownership. An investigation into the London club found “undisclosed payments by third parties associated with the club were made to players, unregistered agents and other third parties” between 2011 and 2018, when the club was [...]

  • ‘We can only hold back the tide for so long’: Edinburgh trust urges investors to back exit plan

    March 16, 2026

    The chair of one of Britain’s oldest investment trusts has urged its shareholders to back its proposed exit plan, saying the board had “exhausted all other options” in its bid to prevent a US activist investor from seizing control of the trust. Jonathan Simpson-Dent told investors that Edinburgh Worldwide Investment Trust (Ewit) remained under “persistent [...]

  • Alcohol-free beer and hummus: Trendy food transforms inflation basket

    March 16, 2026

    Healthy food and personal security products have dominated the list of additions to the Office for National Statistics’ basket of goods, which is used to calculate CPI inflation each month.  Alcohol-free beer, hummus and baby food are among the new entries in the inflation basket of goods, it has been revealed.  The revisions to the [...]

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