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Business

  • Reeves hit by spike in government borrowing

    March 20, 2026

    UK government borrowing rose by more than expected in February, it has been revealed, adding a strain on public finances as Chancellor Rachel Reeves faces trouble ahead with deciding the government’s response to the war in Iran.  The Office for National Statistics (ONS) has said that the government borrowed £14bn, with economists having predicted the [...]

  • Wetherspoon shares tumble as profit disappoints

    March 20, 2026

    Shares in the country’s best-known pub chain have tumbled after profit failed to meet expectations even after they were downgraded. Pre-tax profit at JD Wetherspoon fell by 32 per cent to £22m for the first half of this year, and operating profit fell 18 per cent to £53m, below analyst expectations of an eight per [...]

  • FTSE 100 Live: Gilt yields soar, Bank of England rate hike fears grow, Wetherspoon shares tumble

    March 20, 2026

    Good morning from the City AM liveblog team. Stocks made gains on Friday morning after a statement from Israeli leader Benjamin Netanyahu that he could see “this war ending a lot faster than people think” reassured markets that conflict in the Middle East could soon recede. The remarks follow further missile strikes by the US [...]

  • Elior Champ Rugby deal may be good for clubs, but what’s the point?

    March 20, 2026

    It is great to see Champ Rugby get its first sponsor in six years this week, in catering company Elior UK; it signals a shift in appetite for the second tier of English rugby. It will be a good marketing tool for clubs, whose matches are broadcast on streaming platform Clubber TV, and it solidifies [...]

  • Is AI ‘vibe coding’ too good to be true?

    March 20, 2026

    AI means companies can now 'vibe code' their own software products on the cheap – but they may soon discover the risks, writes Paul Armstrong.

  • CMA must act now to fix Britain’s broken cloud market 

    March 20, 2026

    The CMA correctly diagnosed the UK cloud market as broken and dysfunctional, so why isn’t it changing anything, writes Lord Clement-Jones.

  • Open banking is a growth engine Britain cannot ignore

    March 20, 2026

    Open banking doesn't grab headlines like AI, but combining these technologies can deliver exponential benefits, writes John Glen MP.

  • Revolut poised to hit Natwest and Lloyds in deposit war

    March 20, 2026

    Revolut’s long-awaited UK banking licence approval is set to trigger a “deposit war” that could hand a major blow to incumbent giants Natwest and Lloyds. The $75bn fintech juggernaut finally bagged its full-fat UK banking permit earlier this month after a four-year tussle with regulators. Analysts are expecting the move to send ripples across the [...]

  • Carabao Cup: Arsenal and Manchester City tailgaters to be deemed criminals

    March 20, 2026

    Arsenal and Manchester City fans will be deemed criminals this weekend should they enter the Carabao Cup final without a football match ticket, the Home Office has announced. The move, introduced by crime and policing minister Sarah Jones, comes into force today and will cover all of football, and is part of a wider response [...]

  • Sluggish economy spooks small housebuilders

    March 20, 2026

    Small and medium (SME) housebuilders are being put off from investing in new projects by the UK’s economy and housing market, according to a new report. As many as 70 per cent of SME building firms said current market conditions are reducing their appetite for starting new sites and a quarter expect to cut back [...]

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