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  • The mysterious media moguls behind London’s pink slime propaganda machine

    April 21, 2026

    Private jets, council estates and links to the Kremlin: Steve Dinneen goes looking for the owners of a pink slime propaganda machine Standing outside a squat, residential tower block on the outskirts of Harlow on a grey winter afternoon, it seems hard to believe this is the headquarters of a media organisation with links to [...]

  • Ofcom launches probe into Telegram over child safety failures

    April 21, 2026

    The UK’s communications regulator has launched a probe into Telegram after evidence emerged that child sexual abuse material was being shared on the platform. Ofcom announced on Tuesday that it has also opened investigations into teen chat sites Teen Chat and Chat Avenue, assessing whether the platforms are meeting their legal duties to protect children [...]

  • Associated British Foods shares slide as £10bn Primark spin-off confirmed

    April 21, 2026

    FTSE 100 titan Associated British Foods has confirmed plans to spin off clothes retailer Primark, signalling a dramatic change in direction for the food and retail firm. Shares in the firm slid more than six per cent on Tuesday’s open, leaving the stock down 16 per cent in the year so far. The market had [...]

  • Starmer would have blocked Mandelson ambassador role, says Lammy

    April 19, 2026

    Keir Starmer would have stopped Lord Mandelson becoming UK ambassador to the US if he had known about security concerns, deputy prime minister David Lammy has said, as the political fallout intensifies. Speaking to the Guardian, Lammy said the prime minister would “never, ever” have approved the appointment had he been aware Mandelson failed the [...]

  • ‘Thrown under the bus’: Robbins to defend himself over Mandelson vetting

    April 18, 2026

    Sir Olly Robbins is set to mount a defence of his decision to approve Mandelson’s appointment to Washington after allies accused Starmer of scapegoating him and throwing him “under the bus”. The prime minister sacked the head of the Foreign Office on Thursday night before accusing him of an “unforgivable” failure to warn him that [...]

  • Next boss Simon Wolfson takes record £7.4m pay packet

    April 17, 2026

    Next boss Simon Wolfson took home a bumper £7.4m pay packet last year, as his best-ever pay day could be beaten by next year’s £9.3m – if the firm meets growth targets. Wolfson’s total pay soared from £4.9m the year before, as he took £967k in basic pay and more than £6m in bonuses.  The [...]

  • FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz

    April 17, 2026

    Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]

  • Original Factory Shop closes all stores amid collapse

    April 16, 2026

    The Original Factory Shop has closed all 137 stores and its head office, after the retailer collapsed into administration amid growing industry fears over weak consumer confidence and high taxes. The discount department store was put into administration along with Claire’s Accessories earlier this year, as private equity firm Modella Capital said government policy was [...]

  • Hermès and Gucci shares tank in ‘dismal’ week for luxury brands

    April 16, 2026

    Investors have fled from leading luxury stocks like Hermès and Gucci this week after they revealed tumbling sales as a result of the Iran war. The market was quick to respond to the poor results from several top fashion houses, as doubts swirl around the Middle East’s role as a key market for luxury brands. [...]

  • Octopus CMO Rebecca Dibb-Simkin: I was warned against joining an energy startup

    April 16, 2026

    Octopus CMO Rebecca Dibb-Simkin takes us through her career, from being warned off energy startups to her love of Greggs chicken bakes.

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