The big problem with UK investment trusts March 27, 2026 UK investment trusts are one of the most important parts of our capital markets, but the sector is grappling with a big valuation problem.
Globalisation obituaries ‘hopelessly premature’ March 26, 2026 Boosting trade is the single best way to improve the long-term fortunes of the UK despite the economy being hit by a barrage of supply chain fractures and geopolitical shocks, the Bank of England’s former chief economist has said. In his first speech as president of the British Chambers of Commerce, Andy Haldane told delegates [...]
Nato: Starmer’s defence spending pledge lagging behind March 26, 2026 Sir Keir Starmer’s pledge to upgrade the armed forces is facing renewed scrutiny after official Nato figures suggested that spending in defence was lagging ahead of a crucial expenditure target in 2027. Starmer said last year that the government would increase spending on defence to 2.6 per cent of GDP from 2027. But Nato, the [...]
Prem Rugby Big Match Bonanza test of sport’s commercial aims March 26, 2026 This weekend will go far in helping onlookers assess how much progress Prem Rugby has made in recent years. Because on Saturday the first match since Australia beat Uruguay in the 2015 Rugby World Cup will take place at Villa Park in Birmingham. The geography is a little bit iffy given the home team – [...]
Next unveils huge development in £2.5bn economy boost March 26, 2026 Retail giant Next has unveiled a huge new development which it says will add £2.5bn to the economy, as the FTSE 100 firm invests over £300m in its warehouses. The firm has been granted planning permission to build a new 1.2m sq ft warehouse in its Elmsall complex in Yorkshire, with construction set to commence [...]
The Capitalist: RAC is not a roadside assistance firm March 26, 2026 Breakdown…in comms The Capitalist was shocked this week after being approached by a spokesperson for RAC, telling City AM off for referring to the company as a roadside assistance firm in a recent story. RAC is not, in fact, a roadside assistance firm, said the spokesperson, who was from PR company Brunswick. Which is funny, [...]
US ambassador: UK’s closer ties with EU are a problem March 26, 2026 Britain pursuing closer ties with the European Union will “not be viewed favourably” in the White House if it in any way affects the trading relationship between the UK and US, Washington’s ambassador to the UK has warned. Warren Stephens said that the government’s recent decision to adopt over 70 European rules onto the UK [...]
Why Westminster’s finest keep ending up on Big Tech’s payroll March 26, 2026 There is a sense of irony in that the employees Silicon Valley’s tech giants most want to hire, are actually the ones who spent years in the public sector trying to work out what to do about them. Nick Clegg, who served as deputy Prime Minister sat through more than one anxious Whitehall discussion about [...]
Sports hospitality giant chaired by England cricket chief launches £350m plan March 26, 2026 Sports hospitality giant Levy has launched a new umbrella brand for its portfolio of businesses, Lyvera, as part of ambitious plans to double turnover to £350m by 2028. Lyvera will incorporate Keith Prowse, Gullivers Sports Travel, The Experience Golf, Lime Venue Portfolio, Events International, the Venues Collection and recent acquisition the iLuka Collective. Levy, which [...]
NS&I set to fork out millions over huge missing savings scandal March 26, 2026 National Savings and Investments (NS&I) is set to fork out millions of pounds to customers following a missing savings scandal. The government-backed bank is expected to pay out to customers who claim there have been failures in managing their money, with failings dating back years, according to reports in The Telegraph. The bank has been [...]