Sheffield Wednesday: New preferred bidder’s quick deal incentive revealed March 11, 2026 Sheffield Wednesday’s new preferred bidder, US group Arise Capital Partners, hopes to complete a cut-price takeover of the fallen English giants before the end of the season. The group, made up of investors David Storch, Michael Storch and Tom Costin, has emerged as the club’s latest would-be saviour with an offer reported to be in [...]
Reeves’ £1.2bn consultancy savings plan in doubt, watchdog warns March 11, 2026 Despite Rachel Reeves’ focus on cutting government spending on external consultancy services, a damning report stated that the government is unable to set meaningful targets to reduce its reliance on external firms. The UK government has said it wants to put an immediate stop to all non-essential consultancy spending and halve consultancy spending in future [...]
Wizz Air pounced on by short sellers as Iran war knocks profits March 11, 2026 Budget airline Wizz Air has been hit by a flurry of short-selling after it issued a profit warning over disruption caused by the Iran war, making it the UK’s most shorted company. The Hungarian airline, which is listed on the FTSE 250, had 9.59 per cent short interest last month but this has soared to [...]
Why Boisdale founder Ranald MacDonald is a London hero March 11, 2026 My culinary journey last week took me away from London. It was a tale of two Vikings, from Scotland to Stockholm and back again. So allow me to introduce my fellow founders, Niklas Ekstedt of his eponymous restaurant Ekstedt and Ranald MacDonald of Boisdale. BOISDALE OF BELGRAVIA When I began my entrepreneurial journey as founder [...]
How universities became a marketplace for academic slop March 11, 2026 Pressure to publish papers mean universities have become awash with fake papers and scientific fraud, writes Paul Ormerod.
Ask the expert: Can I afford a gap year in my 40s? March 11, 2026 Do you have a personal finance question that you’re struggling to find an answer to? Email askthexpert@cityam.com Questions will be published anonymously. Fidelity personal finance specialist Marianna Hunt is back to advise a reader who wishes to take a year off for travel but worries about disrupting long term savings plans. Q: I’m in my [...]
Legal & General shares slide after profit disappoints March 11, 2026 Legal & General share price tumbled in early morning trading, after the asset management and insurance giant’s reshape was overshadowed by lower-than-expected profit. Shares fell 5.5 per cent to 244p on Wednesday, after core operating profit of £1.62bn fell short of analyst’s £1.65bn expectation, creating a “source of disappointment for investors”, despite it rising six [...]
Global energy body to release 400m oil barrels in emergency boost March 11, 2026 The global energy body has announced it will release a record 400 million barrels from emergency oil reserves in a bid to contain spiking prices. The International Energy Agency’s (IEA) executive director Faith Birol said on Wednesday the market “challenges we are facing are unprecedented in scale”. “IEA member countries have responded with an emergency [...]
Gym Group profit doubles as fitness firm flexes its muscles March 11, 2026 The Gym Group more than doubled its profit as it bulks up its low-cost fitness offering and opens new sites. The low-cost fitness group posted pre-tax profit of £10.6m in the year to December 2025, up 194 per cent from last year, as revenue nudged up eight per cent to £245m. London’s only listed gym [...]
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 [...]