Revolut eyes trading and wealth push amid hiring spree March 24, 2026 Revolut has laid out its initial blue-print for major expansion in its trading operations after the fintech giant bagged its full-fat UK banking licence earlier this month. The $75bn digital banking juggernaut has kicked off a hiring spree at its Canary Wharf headquarters as well as other financial hubs across the globe. The fintech has [...]
London skyscrapers under pressure as construction costs mount March 24, 2026 The cost of building London skyscrapers has soared by 40 per cent in five years as pressure on the capital’s high-rise property market mounts. The average cost of building a tower in the capital has increased from between £3,800 and £4,300 per square metre in 2020 to between £5,200 and £6,500 last year, according to [...]
UK must ‘urgently’ reopen North Sea drilling amid global volatility March 24, 2026 Households and businesses will be left even more exposed to geopolitical shocks like the one playing out in the Middle East unless the government “urgently” reopens the UK’s North Sea oil fields to new drilling projects, an industry body has warned. In its annual temperature check of Britain’s energy industry, Offshore Energies UK (OEUK) called [...]
Half of AI’s most expensive chips are sitting idle, says tech expert March 23, 2026 The artificial intelligence boom, so far, has been defined by a single instinct: build more. More chips, more data centres, more power. Capital expenditure from the world’s largest tech firms is running into the hundreds of billions as they race to scale AI systems. Analysts expect global data centre investment to continue rising sharply, with [...]
Government borrowing costs set for worst month since Liz Truss March 23, 2026 The government’s short-term borrowing costs were on course to have their worst month since Liz Truss’s ignominious mini-Budget, until the news of United States’ talks with Iran led traders to unwind bets future interest rate hikes. The two-year gilt yield jumped by eight basis points on Monday morning, meaning the interest rate on the government’s [...]
Manic Monday: How Trump rocked global markets March 23, 2026 President Donald Trump sent global markets on a rollercoaster ride as traders were left stunned by mixed messages coming from the US administration and the Iranian regime. The Brent Crude oil price was trading around $114 per barrel before Trump said in a post on Truth Social that he was pausing strikes due to “productive” [...]
Starmer admits defence upgrade doesn’t have enough funding March 23, 2026 Sir Keir Starmer has admitted the government’s proposed defence plan does not have enough as he vowed to “resolve” the rift between the Treasury and the Ministry of Defence. The Prime Minister admitted a target to raise spending on defence from 2.5 per cent of GDP in 2027 to 3.5 per cent in 2035 required [...]
Investors eye farming as AI’s latest cash cow March 23, 2026 A startup fitting livestock with AI-powered collars is closing in on a $2bn valuation, as investors turn their attention to a less obvious frontier for AI. New Zealand-based Halter is in talks to raise fresh funding led by Founders Fund, the Silicon Valley firm backed by Peter Thiel. The round is understood to be heavily [...]
2026 Community Shield moved from Wembley to Cardiff over concert clash March 23, 2026 Next season’s Community Shield has been moved from Wembley to Cardiff’s Principality Stadium to accommodate a non-football event for the first time. The traditional curtain-raiser to the new campaign between the winners of the Premier League and the FA Cup has been scheduled to take place on Sunday 16 August – later than usual due [...]
Ligue 1+: French football league losing hundreds of millions to piracy March 23, 2026 French football chiefs say they have lost hundreds of millions of euros to illegal streaming of Ligue 1 matches in the latest blow to the value of their media rights. Despite the competition being broadcast legally on Ligue 1+, the league’s own streaming platform, and pay TV network BeIn Sports, research found that 59 per [...]