Revolut: Inside Nik Storonsky’s $75bn fintech empire still waiting for its crown February 24, 2026 In Revolut’s shiny new Canary Wharf headquarters, the command ‘Get Sh*t Done’ is bolted onto the walls. The unconventional office mantra is a stark reminder of co-founder Nik Storonsky’s acerbic, straight-talking manner that has kept the gas pumping at the UK’s most valuable fintech since it opened for business in 2015. “Whenever a target is set, [...]
Ask the expert: How should I invest if I’m worried about an AI bubble? February 24, 2026 Fidelity personal finance specialist Marianna Hunt is back on hand to answer your burning questions. This week Marianna helps a reader who is fearful of a potential tech-fuelled stock market crash. Q:I’ve built up reasonable savings in my ISA, workplace pension and SIPP. Most of my investments are in global index funds, so I’m heavily [...]
Top entrepreneurs demand ‘radical reset’ in new campaign February 24, 2026 Britain is entrenched in a narrative of decline that can only be reversed with a radical political and cultural reset, a group of top entrepreneurs has warned at the launch of a campaign to improve the investment and trading environment for Britain’s fastest-growing companies. Spearheaded by Ovo Energy founder Stephen Fitzpatrick and Founders Factory chair [...]
UK firms ‘misallocate £10bn’ on HR departments, report says February 23, 2026 The UK’s human resources sector is twice the size of the EU’s and has led to firms misallocating as much as £10bn in capital, new research has suggested. A paper on the cost of diversity and equality agendas on businesses has argued that HR departments have grown at a disproportionate rate, with the UK having [...]
Reform vow to create new ‘wealth fund’ using pension schemes February 23, 2026 Reform UK has pledged to create a new “British Sovereign Wealth Fund” using local government pension schemes as part of Richard Tice’s first policy package as the party’s spokesman for business, trade and energy. Reform has vowed to wrap various arms of government, including housing and energy, into one office that focuses on growth, job [...]
‘I can do terrible things’: Trump launches fresh tariffs tirade February 23, 2026 The government has said that no response to Donald Trump’s revived trade onslaught is off the table, after the President warned he could still do “terrible things” to the US’s trading partners despite his ‘liberation day’ tariffs being deemed illegal by the Supreme Court. A spokesman for the Prime Minister told reporters that while “no [...]
Businesses continue to face legal uncertainty despite court ruling on tariffs February 23, 2026 When the US Supreme Court handed down a landmark judgment against President Donald Trump’s tariffs last week the ruling sent shockwaves across the world, raising questions about what is next for businesses. On Friday, the Supreme Court, which has a 6-3 Conservative majority, struck down the tariffs, which could pose major financial consequences for the [...]
Police arrest Lord Mandelson February 23, 2026 Peter Mandelson has been arrested on suspicion of misconduct in public office, weeks after the police launched an investigation into the former Labour peer over his relations with Jeffrey Epstein. The Met police said in a statement they had arrested a 72-year-old man in Camden. Mandelson was pictured being taken out of his house. A [...]
Admiral pubs boss: business rates will ‘kill off the high street’ February 23, 2026 The boss of a northern-based pubs company has claimed business rates will “kill off” the high street as well as pubs unless the levy is fundamentally reformed. Chris Jowsey, chief executive of Admiral Taverns, told City AM the government must deliver on its pledge to overhaul the business rates system, which he said “penalises bricks [...]
Economy bogged down by low-performing firms February 23, 2026 The UK economy is suffering from an ever-lengthening tail of low productivity businesses, according to a new report from BCG. Between 1997 and 2023, the number of firms below the 25th productivity percentile nearly doubled, rising from 444,500 to 873,000, while the total number of firms increased by 70 per cent. At the other end [...]