Estee Lauder sues Jo Malone March 12, 2026 Beauty giant Estee Lauder has launched legal action against perfumer Jo Willcox (nee Malone) over her new perfume brand with Zara. Estee Lauder bought Malone’s self-named perfume brand and naming rights in 1999 for ‘undisclosed millions’. She stayed on as creative director until 2006, when she left her eponymous perfume brand. After a five-year legal [...]
Redslim expands into Asia-Pacific to support global brands with data and AI infrastructure March 12, 2026 Redslim, a specialist in end-to-end data management solutions and an Astorg portfolio company, today announced its expansion into the Asia-Pacific region and the appointment of Kyriakos Zannikos as Regional Director, APAC. The move marks an important milestone in Redslim’s global growth strategy and brings the company closer to clients operating in one of the world’s [...]
EIG’s MidOcean Energy to Acquire Additional Gorgon LNG Interest from JERA; Parties Explore Strategic Alliance March 12, 2026 Transaction increases MidOcean’s equity exposure to premier Australian LNG project Adds incremental uncontracted LNG volumes, enhancing portfolio optimization and marketing flexibility Planning future collaborations, exploring further transactions and opportunities with JERA across other assets globally with the aim of creating a future strategic alliance
On the Beach shares tumble as it tears up guidance amid bookings slowdown March 12, 2026 On the Beach has torn up its guidance for the forthcoming year after warning that tensions in the Middle East have sparked a sharp slowdown in bookings. The online travel agent previously forecast pre-tax profit of between £39m and £43m. “Whilst the group has limited exposure to destinations in the Middle East, it has experienced [...]
Shawbrook shares dive after profit jump on bullish AI plans March 12, 2026 Shawbrook Bank reported a jump in profit for the last year in its first set of first set of financial results since its landmark IPO in October. The London-listed bank reported a pre-tax profit of £340.5m, up from £293.8m the year prior as costs tumbled and the group’s loan book swelled. Still, the firm’s shares [...]
The Capitalist: Lloyds teases wannabe buyers with ‘homebuying tasting menu’ March 12, 2026 Lloyds launches a dining special, private jets welcome puppies on board and City AM takes home gold; catch up on the latest City gossip.
Is the City still sexy? March 12, 2026 The era of the long boozy lunch and male dominated pints down the pub may be over, but relationships matter more than ever in the Square Mile, says Eva sayers Over glasses of red and lunch at The Quality Chop House (not recommended for vegetarians, like myself), a broker who’s been working in the City [...]
Housing market struggles for momentum as Iran war looms March 12, 2026 The UK housing market is struggling for momentum as uncertainty caused by the Iran war prompts banks to hike mortgage rates and pull deals. New buyer inquiries weakened in February as 26 per cent of property professionals reported a fall in interest, up from 15 per cent in January, according to the Royal Institution of [...]
Revolut is now a bank. Raise a glass to this stellar British success story March 11, 2026 It has been a painfully long wait for Revolut. But at last, the patience of Europe’s most valuable fintech has paid off. Its British banking licence has arrived. This is the final step in Revolut’s decade-long journey to become a fully-fledged bank. That means it is no longer – by any yardstick – a startup. [...]
Haringey peddles two-bike model after Richmond Lime snub March 11, 2026 Haringey has handed Forest and Lime a new four-year dockless e-bike contract, doubling down on a two-operator model just as Richmond moves in the opposite direction and edges towards pushing Lime out. The north London borough’s cabinet this week approved the appointment of two operators for an initial two-year term from 1 April 2026, with [...]