Starmer: ‘Viable plan’ needed for Trump’s Strait of Hormuz request March 16, 2026 Sir Keir Starmer has said he is still in discussions to draw up a “viable, collective plan” with European allies in response to President Trump’s call for help in the Strait of Hormuz. In a press conference on Monday, the Prime Minister insisted that the country would “not be drawn into the wider war” in [...]
New satellite rules could prove catastrophic for UK business March 16, 2026 Satellite interference rules are being rewritten. The risks for defence and UK business interests could be catastrophic, writes Mark Allatt.
Starmer urged to tighten law on Slapps following Mandelson scandal March 16, 2026 Sir Keir Starmer has been urged to tighten the law to prevent the powerful and wealthy from stopping stories about them, following the Lord Mandelson scandal. A dozen Labour MPs have written to the Prime Minister to ensure that strategic lawsuits against public participation, known as Slapps, is included in the King’s Speech in May. [...]
Will Thames Water’s latest rescue package pass muster? March 16, 2026 Thames Water’s latest rescue package has been designed to fend off the public’s criticism of the way the company has been mismanaged. In a statement, Thames Water said the new detail would comprise £6.6bn of new debt – including £3.3bn accessible on day one of the rescue plan being implemented – which will be provided [...]
Britain must get competitive or lose a generation of business leaders March 16, 2026 Taxation is not an ideological battleground but a matter of national interest. If global rivals such as New York or Singapore offer stronger incentives, it is just inevitable that operations and individuals will follow, says Chris Hayward Restoring economic growth has become the defining challenge of our national life. And against a backdrop of geopolitical [...]
Labour urged to revisit non-dom regime to revive London economy March 16, 2026 Business leaders have urged Labour to overturn its abolition of the “non-dom” tax regime to stem an “exodus” of high-net worth figures leaving the capital. Lobby group BusinessLDN has called on the government to create an “Office for Tax Competitiveness” to identify where the UK loses out on attracting investment and growth due to stricter [...]
London-based insuretech Loxa bags £2.7m to expand across Europe March 16, 2026 London-based insuretech Loxa has completed a £2.7m seed funding round to expand its embedded insurance platform across the European retail market. The firm secured the investment in three separate tranches from a group of angel investors and family offices. The Lazaroo-Hood Group led the backing with further support from the Angel Investment Network, FundMyPitch, and [...]
Sinner breaches major prize money barrier with $1m Indian Wells haul March 16, 2026 Jannik Sinner’s victory at Indian Wells took his career prize money to $60m, with the Italian averaging $142,000 per career match. The Italian beat Russia’s Daniil Medvedev to win Indian Wells on Sunday and become the youngest man to win all six ATP Masters 1000 hard-court titles. Australian Open semi-finalist Sinner, 24, won 7-6 7-6 [...]
Thames Water creditors offer ‘best and final’ rescue funding deal March 16, 2026 Thames Water’s creditors have offered a “best and final” offer deal involving new debt and equity in a bid to prevent it from falling into a special administration regime. Investment behemoths Elliott Management, Silver Point Capital, Invesco, PIMCO and other creditors behind the consortium London & Valley Water have presented Ofwat, the water regulator, with [...]
85% of Banks’ Corporate Clients Plan to Engage With a Non-Bank Financial Institution Within the Next Year as Competition With Private Capital Intensifies March 16, 2026 Banks look to bolster AI expertise with external hires (40%) as upskilling proves challenging Only 29% of IT budgets are currently directed to transformative technologies Corporate Investment Banks executives bet on tokenized products (51%) to improve performance