Balfour Beatty shares soar as firm bets on UK energy and defence March 11, 2026 Balfour Beatty shares jumped after the construction firm posted surging profit as it doubles down on bets on UK energy, transport and defence infrastructure. Profit at the FTSE 250 firm grew 51 per cent to £323m in the year to December 2025, as revenue climbed 7.5 per cent to £10.8bn and its order book reached [...]
The Debate: Should MP salaries be linked to GDP? March 11, 2026 As MPs receive an inflation-busting pay rise, we ask if it's time to better incentivise politicians by linking their salaries to growth.
UK economic rebound to be short-lived as Iran war shock looms March 11, 2026 The UK economy is predicted to have seen modest growth at the start of the year while the labour market appeared to be easing and interest rates were very much on a downward path. Forecasters agreed the outlook for the UK economy looked reasonably promising, if not exciting. That was until President Trump spoiled the [...]
Labour’s branding of ambition as ‘masculine’ is a disturbing revelation March 11, 2026 New Labour guidelines telling businesses to rid their job ads of 'masculine' terms like 'ambitious' is sending completely the wrong message.
European fintechs ride the Trump train to Wall Street March 11, 2026 The new set of aspiring American dreamers are landing on the shores of the Atlantic. But these digital-first visionaries printed in venture capital green aren’t looking for a white picket fence. Instead, their sights are locked on a federal banking charter. Last week Europe’s most valuable fintech company Revolut became the latest in a boat-load [...]
OBR warns inflation could exceed three per cent if Iran crisis continues March 10, 2026 Inflation is set to jump back up above three per cent if the rise in oil prices is sustained, a government watchdog has warned, amid fears the energy crisis in the Middle East could drag on. The Office for Budget Responsibility (OBR)’s David Miles said the current rise in oil and gas prices would add [...]
Land development transparency plans ‘solve problem that doesn’t exist’ March 10, 2026 The government has been accused of offering a solution to “a problem that doesn’t exist” over an initiative requiring landowners to publicly declare options over land. The new policy, set to be unveiled by planning minister Matthew Pennycook on Monday, is intended to help small and medium-sized (SME) housebuilders by boosting transparency. The government hopes [...]
Edinburgh Worldwide seeks to end Saba standoff with tender offer March 10, 2026 The board of Edinburgh Worldwide Investment Trust has offered shareholders an exit plan in its bid to bring an end to its 16-month battle with Saba Capital. It is proposing a tender offer for up to 100 per cent of its share capital after the Board said it had “exhausted every reasonable and equitable solution [...]
Capita shares tumble as boss warns of declining margins March 10, 2026 Shares in one of the UK’s biggest outsourcing firms have plummeted after its boss warned of declining margins in the year ahead. London-based Capita, which offers support services in areas such as education, health and defence, warned markets it expected a “small decrease” in its operating margin after it swung to a pre-tax loss of £171m [...]
FTSE 100 Live: Stocks soar and oil dips as Trump says war is ‘very complete’ March 10, 2026 Good morning and welcome back to the City AM liveblog. It was a day of whiplash for global markets as they kicked off the new week. Stock markets from Europe to Asia and Wall Street sunk into the red on open as the price of oil rose at the fastest rate in six-years. Brent crude, [...]