Unilever freezes hiring as Iran war poses ‘significant challenges’ March 31, 2026 FTSE 100 giant Unilever has placed a global freeze on hiring for at least three months as the Iran war wreaks havoc on global supply chains and fuel prices. The London-based business, which owns Dove soap and Hellman’s mayonnaise, told staff the ban on hiring will affect “all levels” of recruitment and was taken in [...]
Blackrock mulls a move to HSBC’s Canary Wharf tower March 31, 2026 Blackrock is mulling a move to HSBC’s Canary Wharf skyscraper with the site one of a number of locations viewed by the firm as it scouts for a new London headquarters. The world’s largest asset manager has taken a look at the 8 Canada Square tower, which HSBC is set to vacate next year. But [...]
Princes Group signals price hikes as Middle East conflict piles pressure on costs March 31, 2026 Tinned tuna giant Princes has signalled a potential hike in prices, as the conflict in the Middle East continues to pile pressure on business costs. The Liverpool-based owner of Branston and Flora, noted that it could raise prices where needed to offset cost pressures from rising fuel, transport and plastic packaging costs caused by the [...]
Raspberry Pi shares soar as revenue set to surge past expectations March 31, 2026 Shares in Raspberry Pi jumped early on Tuesday morning after the mini computer seller said its revenue was set to surge past market expectations. The London-listed business said its full-year profitability is anticipated to be in-line with market estimates, with revenue “materially higher.” Pre-tax profit increased 63 per cent to $26.5m, as revenue grew 25 [...]
AviadoBio Advances AVB-101 Gene Therapy Program and Initiates Fourth Dose-Escalation Cohort of Phase 1/2 ASPIRE-FTD Trial March 31, 2026 Early biomarker and safety data show encouraging signals with plans to present additional data in 2H 2026 AviadoBio secures strategic investment from The Alzheimer’s Drug Discovery Foundation (ADDF) and The Association for Frontotemporal Degeneration (AFTD) through their Treat FTD Fund to support ASPIRE-FTD Trial AviadoBio regains full rights to AVB-101 gene therapy program
Exclusive: Databricks commits $850m in vote of confidence for UK tech March 31, 2026 Databricks is pouring more than $850m (£644m) into the UK over the next three years, City AM understands, in a major vote of confidence in Britain’s position as a European AI hub. The US data and AI group said it would quadruple its London office footprint with a new 137,000 sq ft headquarters in Fitzrovia, [...]
House prices pick up but property outlook remains ‘clouded’ March 31, 2026 House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]
FTSE 100 Live: Stocks inch up; Fuel shortage fears hit airlines; Unilever nears food deal March 31, 2026 Good morning and welcome back to the City AM liveblog. Oil prices are on track for its biggest monthly gain on record for March following the outbreak of war in Iran. It comes as the war in Iran continues to cause ripples through the market, with Brent crude – the international benchmark for oil prices [...]
On this day: The death of JP Morgan March 31, 2026 Today in 1913, John Pierpoint Morgan died in Rome having saved the United States from financial catastrophe not once but twice, writes Eliot Wilson Today in 1913, in Rome’s Grand Plaza Hotel, a 75-year-old American died in his sleep. He was a big man, 6’2” and heavyset, with sharp, unsettling eyes and a purple, swollen [...]
Here’s how to get London building now March 31, 2026 New housebuilding in London has ground to a halt. Urgent effort is needed to cut taxes on new housing, make the regulator more efficient and help first time buyers, says John Dickie As we head towards May’s local elections, London’s acute housing crisis will be one of the most frequent issues raised by voters on [...]