Bank of England ‘should wait’ before cutting interest rates, City AM Shadow MPC says March 17, 2026 The Bank of England should “wait and see” how long the war in Iran goes on for before cutting interest rates again, leading economists on City AM’s Shadow Monetary Policy Committee have said. The crisis in the Middle East has pushed up energy prices and heightened fears that the UK economy is heading for a [...]
BMW iX3: Class-leading electric SUV with 500 miles a charge March 17, 2026 ‘This is more than just a new car. It’s the blueprint for all BMWs that will follow – more than 40 new vehicles by the end of 2027.” David George, CEO of BMW Group UK and Ireland, isn’t downplaying the significance of the iX3. The first of a ‘Neue Klasse’ (New Class) range of cars, [...]
EIG’s MidOcean Energy Announces Initial Equity Raise of $1.2 billion Versus $1.0 billion Cover March 17, 2026 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced an equity capital raise of more than $1.2 billion. This equity raise includes: a $500 million commitment from Idemitsu Kosan, a highly respected global energy company with a long-standing presence across the energy value chain; and [...]
Syngenta Builds World-Leading Research Center for Agricultural Bioscience – Powered by Advanced Technology and AI March 17, 2026 New USD 130 million facility to focus on next-generation, sustainable solutions for farming Enhanced commitment to UK as a key hub for global R&D and innovation
H2SITE Appoints Javier Cavada as New Chairman of the Board of Directors March 17, 2026 H2SITE, a technology company delivering hydrogen production and separation solutions, announces the appointment of Javier Cavada as the new Chairman of the Board of Directors. Javier joins H2SITE at a strategic phase of accelerated industrial deployment and scale-up of its hydrogen solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260316654723/en/ With more [...]
Wickes profit doubles as DIY firm bets on solar March 17, 2026 Home improvement retailer Wickes has doubled its profit as the firm positions itself to become a leader in solar panel installation. The firm took revenue of £1.6bn, up six per cent, and pre-tax profit grew from £23m to £49m, in the year to December 2025. Wickes was promoted to the FTSE 250 last year, as [...]
Why this oil shock isn’t like the last one March 17, 2026 The new surge in oil prices will be shaped more by political responses than by monetary policy, due to a crucial shift in the economic backdrop from the tight labor markets of 2022 to the current looser conditions, says Helen Thomas This week, six major central banks meet in quick succession, including the big four: [...]
High risk club owners facing triple ultimatum from football regulator March 17, 2026 English club owners will be required to inject funds, reduce debt or slash outgoings if they are deemed to be “high-risk” by the Independent Football Regulator. Under new licensing proposals published today, clubs will have to demonstrate that they have the financial resources to withstand major shocks such as relegation or withdrawal of owner funding [...]
‘What do they have to hide?’ Ministers must not scrap regulatory watchdog March 16, 2026 The Regulatory Policy Committee keeps a close eye on government red tape, and scrapping it would be a serious mistake – says Andrew Griffith. Red tape is strangling British business. A survey just out from the Federation of Small Businesses has found small firms and entrepreneurs collectively spend 379 million hours a year complying with [...]
Bank of England: We can’t eliminate bias in AI March 16, 2026 A top boss at the Bank of England has warned the use of artificial intelligence programs will never be bias-free and instead users must be aware of the risk. Jem Davis, chief compliance officer at the Bank of England, said: “My view is you’re probably not going to be able to eliminate bias completely, but [...]