‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Nine in ten hospitality job switchers quit the sector March 13, 2026 Nine in ten workers in hospitality and tourism quit the sector altogether when they switch jobs, as the hiring “churn” drives costs and dampens the industry’s productivity. As many as 87 per cent of hospitality and tourism workers who quit jobs end up leaving the industry for good, while the exit rate stands at 82 [...]
KBRA Releases Research – Electric Vehicle Residual Values in Europe: On the Road to Greater Stability? March 12, 2026 KBRA releases research examining recent trends in electric vehicle (EV) residual values across Europe and the implications for auto asset-backed securities (ABS). Following a sharp repricing after pandemic-era supply constraints unwound, recent data indicate that the pace of EV residual-value declines has moderated. The report also highlights how EV adoption trends, charging-infrastructure expansion, and evolving [...]
Coats Releases 2025 Sustainability Report, Achieving Key 2026 Targets One Year Ahead of Schedule March 12, 2026 Company meets energy, waste and people targets early, reinforces commitment to sustainability leadership across apparel and footwear industry Achieved zero waste to landfill one year ahead of schedule and delivered a 30% reduction in Scope 1 & 2 emissions, surpassing 2026 target by nearly 40% Accelerated materials transition, with non-virgin oil-based options representing 52% of its primary raw materials, supported by launch of first Textile-to-Textile 100% recycled polyester thread under its T2T Epic™ and T2T Gramax™ brands Increased representation of women in senior leadership positions to 33% and secured Great Place to Work® coverage for 99% of its population, surpassing 2026 targets for both
Hospitality sector braces for ‘devastating’ tube strikes March 12, 2026 London’s hospitality sector could face “devastating” disruption from upcoming tube strikes, sector leaders have warned. Members of the RMT union, which represents London Underground staff, will strike over 12 days between March and May, and hospitality intelligence firm Access Hospitality has warned sector bosses to prepare now to protect their revenue. The last set of [...]
John Lewis boss: Labour must keep pledge to reform business rates March 12, 2026 Labour must honour its manifesto promise to fundamentally reform the business rates system, John Lewis boss Jason Tarry has said. The retail chairman said the changes at last year’s Budget were positive for retail but offered a “short-term” fix to a system which unfairly disadvantages physical retailers as opposed to online shops. Chancellor Rachel Reeves [...]
Middle East war ‘could plunge UK into a recession’ March 12, 2026 The crisis in the Middle East could plunge the UK into a recession in the worst case scenario where oil prices surge higher over the next two months, analysis has shown. Oxford Economics research has indicated that a continued surge in oil prices would rattle “parts of the global economy”, with the UK set to [...]
M&G continues road to recovery as net inflows rise March 12, 2026 M&G reported a reserve to outflows in its latest annual results after a return to growth in its Life business and asset management gained momentum. The investment manager reported net inflows of £7.8bn in the last financial year, up from net outflows of £1.9bn the prior year, which the company pinned on “challenging market conditions” [...]
The Cotswolds Distillery: Defining the brand of English whisky March 12, 2026 Whisky Business: City AM’s monthly look at the world of whisky. There are currently over 60 English Whisky distilleries operating across the country in various stages of evolution. There are 38 currently producing and selling spirit, with the remainder maturing new-make spirit that’s yet to hit the market. When the Cotswolds Distillery started out in 2014, [...]
Housing market struggles for momentum as Iran war looms March 12, 2026 The UK housing market is struggling for momentum as uncertainty caused by the Iran war prompts banks to hike mortgage rates and pull deals. New buyer inquiries weakened in February as 26 per cent of property professionals reported a fall in interest, up from 15 per cent in January, according to the Royal Institution of [...]
Janus Henderson Group plc Board of Directors Determines by Unanimous Vote that Victory Capital’s Proposal Is Not Superior and Reaffirms Recommendation of Transaction with Trian and General Catalyst March 11, 2026 Special Committee of Board and Its Advisors Reviewed Victory’s Non-Binding Unsolicited Proposal and Determines It Is Not in Best Interests of Janus Henderson and Its Shareholders Reaffirms Recommendation of Take-Private by Trian and General Catalyst Victory’s Proposal Not Actionable; Presents Significant Closing Risk and Uncertain Value