Close Brothers to axe fifth of jobs after motor finance ‘wipeout’ warning March 17, 2026 Close Brothers has warned it will cull as much as a fifth of its headcount as the bank continued its aggressive cost-cutting strategy following mounting losses linked to the motor finance scandal. The FTSE 250 bank said it would axe a staggering 600 full-time roles by the end of the 2027 financial, which represents around [...]
Close Brothers shares sink as infamous short-seller warns of motor finance ‘wipeout’ March 16, 2026 Shares in Close Brothers plummeted on Monday after a group notorious for short-selling warned the bank had “systematically misrepresented” its exposure to the motor finance scandal. The FTSE 250 bank nosedived as much as 12 per cent during afternoon trading after Viceroy Research, a group famed for its exposés of Wirecard and Home Reit, warned [...]
Tyson v Bruno: How UK’s first pay-per-view fight shaped next 30 years March 16, 2026 One day in early 1996 at Sky’s Athena Court headquarters in Osterley a group of people made a decision that would change the sporting landscape across the United Kingdom forever. Thirty years ago this week the second fight between Frank Bruno and Mike Tyson had been billed for 16 March 1996, and it was chosen [...]
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 [...]
Manufacturers warn of ‘fragile footing’ as Iran war threatens to hike costs March 16, 2026 UK manufacturing has started the year on “fragile footing,” with its economic standing likely to worsen due to the conflict in the Middle East, the sector’s industry has warned. A new report from Make UK revealed the sector is set to grow by just shy one one per cent in 2026, a modest rebound after [...]
Ed Miliband rejects ‘totally false’ calls to drill North Sea March 15, 2026 Ed Miliband has dismissed calls for the UK to exploit the North Sea’s oil supply, despite widespread calls to drill the area as fears of an energy shock rise amidst the war in the Middle East. The energy secretary said: “Some people want to go around and pretend that if we only we draw more [...]
Thor to hammer his rivals on Sha Tin dirt March 13, 2026 RACING in Hong Kong returns to Sha Tin on Sunday, with a mixed bag of action on turf and the all-weather surface. The 11-race programme features the Class Three Junction Handicap (8.05am) over the extended mile on the all-weather surface, and includes some of the top dirt performers in the city, such as Talents Ambition [...]
Papaya to bear fruit for Fownes March 13, 2026 TRAINER John Size and jockey Zac Purton are going to be a popular combination for bettors, when they team up with Endeared in division one of the Lung Kong Handicap (7.35am) over seven furlongs. The consistent course and distance specialist has tasted success three times over the trip, and notably twice when dropping down into [...]
Ed Davey should leave Dubai tax exiles alone March 13, 2026 Ed Davey’s calls for American-style citizenship taxes on British expats in Dubai to pay for their military protection is completely unjustified, argues Charles Amos Last week Ed Davey challenged Keir Starmer to introduce American-style citizenship taxation on Brits who have fled to Dubai, but who now allegedly ask for military protection. His argument is simply [...]
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