FCA launches investigation into collapsed shadow bank MFS March 20, 2026 The UK’s financial watchdog has begun a probe into shadow bank Market Financial Solutions following its collapse last month. The Financial Conduct Authority (FCA) said it had opened an enforcement investigation into the business. The regulator did not disclose the subject or terms of the investigation. The FCA said MFS is an “Annex 1 business”, [...]
Los Angeles Study Shows Families Can Cut Water Use While Making Everyday Life Easier March 20, 2026 First-of-its-kind innovative home concept combines superior products and efficient design that simplifies routines, bringing indoor water use to less than half the LA average and reducing utility costs
Analysis: Could £1bn IPL RCB cricket windfall begin Diageo’s comeback? March 20, 2026 It’s been a tough few months for Diageo – and a tough few years for Diageo shareholders. The London-listed drinks giant has seen its share price melt away amid a slump in demand for premium spirits, rising production costs and a flurry of tariffs from across the pond. The stock is already down by an [...]
Unilever confirms talks to sell food arm March 20, 2026 FTSE 100 giant Unilever has confirmed it is in talks to offload its foods business, which includes iconic brands like Hellman’s and Marmite. The mayonnaise-maker said it has received an offer from US seasoning manufacturer McCormick and is now in discussions with the firms. The company has been prioritising its €13bn (£11.2bn) beauty and personal [...]
Morningstar Awards for Investing Excellence UK 2026: Winners Announced March 20, 2026 Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the winners for the Morningstar Awards for Investing Excellence UK 2026. The awards recognise funds and asset managers that have served investors well over the long term and which Morningstar’s manager research team believes will be able to deliver strong risk-adjusted returns [...]
FTSE 100 Live: Gilt yields soar, Bank of England rate hike fears grow, Wetherspoon shares tumble March 20, 2026 Good morning from the City AM liveblog team. Stocks made gains on Friday morning after a statement from Israeli leader Benjamin Netanyahu that he could see “this war ending a lot faster than people think” reassured markets that conflict in the Middle East could soon recede. The remarks follow further missile strikes by the US [...]
Sluggish economy spooks small housebuilders March 20, 2026 Small and medium (SME) housebuilders are being put off from investing in new projects by the UK’s economy and housing market, according to a new report. As many as 70 per cent of SME building firms said current market conditions are reducing their appetite for starting new sites and a quarter expect to cut back [...]
LivaNova Receives U.S. Food and Drug Administration Premarket Approval for aura6000 System to treat Moderate to Severe Obstructive Sleep Apnea March 19, 2026 – First and only hypoglossal nerve stimulation therapy approved in the U.S. without complete concentric collapse contraindication or warning language – Next-generation, MRI-compatible device expected to launch in the first half of 2027, pending FDA supplement review
London IPO market may yet recover in 2026, Peel Hunt says March 19, 2026 The London IPO market could still see a revival before the end of the year, according to City broker Peel Hunt, as a number of blue chip firms wait patiently for geopolitical tensions to die down before firing the starting gun on their own floats. Brian Hanratty, head of equity capital markets at Peel Hunt, [...]
Bank of England rebuffs calls to speed up ‘shadow banking’ stress test March 19, 2026 The Bank of England has rejected calls to speed up its inaugural stress test of the private credit industry, despite growing fears that a downturn in so-called shadow banking may pose a systemic threat to the global financial system. In a letter to the House of Lords’ Financial Services and Regulation Committee seen by City [...]