Sport data giant Sportradar slapped with lawsuits in UK and US April 1, 2026 The $5bn valued sport data giant Sportradar has been slapped with a pair of lawsuits for “aggressive actions” towards software company Altenar. Action has been filed in London’s High Court, while there is a Stateside suit heading to the US District Court of New Jersey. Both are claims for multi-million pounds and dollars respectively. The [...]
Hotel investment tops £1bn in bumper start to year April 1, 2026 UK hotels attracted more than £1bn investment in the first quarter of this year, as the sector defies business rate rises and market uncertainty caused by the Iran war. Hotel investment volume surpassed £1.1bn in the first three months of the year, marking a 63 per cent increase on the £680m recorded in the same [...]
NBA Europe: Bids top $1bn as London team proves hottest property – sources April 1, 2026 The NBA and its advisors have received several bids in excess of $1bn for teams in its proposed European league, according to sources close to the process. The US basketball league and its advisors, JP Morgan and the Raine Group, have begun sifting through non-binding offers for the 12 permanent franchises in the new competition [...]
Costs up, demand down: Manufacturers suffer biggest squeeze since 2022 April 1, 2026 Costs for the UK’s manufacturing sector have risen at the fastest pace in three and a half years, new data has indicated, as the energy price shock from the Iran war hammers businesses. S&P Global research has found that manufacturers suffered the highest increase in input prices since late 2022 when Russia’s invasion of Ukraine [...]
Matcha mayhem: Blank Street eyes $100m expansion April 1, 2026 Blank Street coffee is reportedly in early talks to raise at least $100m in new funding as it eyes further expansion. The cafe chain, which has more than 50 shops in the UK, is known for its matcha drinks and has grown rapidly since it was founded in 2020. The business operates dozens of locations [...]
Starmer moots closer ties with EU amid Trump row April 1, 2026 Sir Keir Starmer has mooted building closer ties on various sectors of the economy with the European Union after President Trump suggested he was considering pulling the US out of Nato. In a press conference on Wednesday, Starmer billed strengthening ties with the EU at an upcoming summit as part of a wider push to [...]
Abramovich defies Starmer with new foundation plan for £2.4bn Chelsea funds April 1, 2026 Roman Abramovich has responded to Keir Starmer’s legal threats to claim the £2.4bn sum raised from selling Chelsea by taking steps to set up a new foundation. An application for the creation of the Foundation for Victims of Conflict will be made this week with the Charity Commission, without the permission of the government. No10 [...]
Bank of England: UK economy risks ‘large and overlapping’ shocks April 1, 2026 The Bank of England has issued a major warning that the financial system is facing increasing risks of “large, frequent and potentially overlapping shocks” amid the volatility from the Middle East war‘ and ongoing market risks’s impact on energy and global markets. In the latest meeting of the central bank’s Financial Policy Committee top officials [...]
Rightmove accused of ‘bullying’ estate agents in £1.5bn legal battle April 1, 2026 Property giant Rightmove has been accused of “bullying” its members into making payments, as hundreds of estate agents support a £1.5bn legal claim against the firm. The FTSE 100 company has been accused of charging excessive and unfair fees to the estate agents and new home developers that used its property listing portal as part [...]
Oracle chops headcount as AI reshapes Big Tech workforce April 1, 2026 Oracle has begun a new round of global job cuts, as the software giant ramps up spending on AI infrastructure and follows a broader wave of layoffs across Big Tech. Employees across multiple divisions, including cloud, health, sales and Netsuite, were informed on Tuesday that their roles had been eliminated with immediate effect. In a [...]