Reeves to deliver ‘stability’ Spring Statement amid turmoil in Iran March 3, 2026 Chancellor Rachel Reeves is set to deliver a Spring Statement trumpeting the UK’s economic stability against the backdrop of a war in the Middle East, with official forecasts expected to touch on lower growth, falling inflation and higher unemployment over the coming months. In an address to the House of Commons around 12.30pm today, Reeves [...]
Mortgage approvals fall to two-year low March 2, 2026 Mortgage approvals slumped to a two-year low in January as buyers remain cautious following months of damaging uncertainty around the November Budget. Net mortgage approvals for house purchases dropped to 60,000 in January, six per cent below the 64,100 six-month average, according to new Bank of England figures. The property market is still suffering from [...]
Global trade at risk as insurers suspend cover following Iran conflict March 2, 2026 More than half of the world’s largest maritime insurance firms are set to cease covering war risks for ships entering the Persian Gulf after conflict broke out in the Gulf region, following the US and Israel’s launch of strikes on Iran on Saturday. As of Thursday, seven members of the City-based International Group of Protection [...]
RHI Magnesita 2025 Full Year Results: Disciplined Execution and Strong H2 Performance Deliver Resilient Earnings in Challenging Market Environment March 2, 2026 RHI Magnesita, the leading global supplier of high-grade refractory products, systems and solutions, announces its results for the year ended 31 December 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260302341332/en/ A resilient financial performance – in line with expectations Against a challenging market backdrop, RHI Magnesita delivered a performance in line [...]
What does Rachel Reeves’ ‘low-key’ Spring Statement mean for markets? March 2, 2026 Ahead of Rachel Reeves’ Spring Statement on Tuesday, Investec’s Chief Economist Philip Shaw sat down with City AM’s Rupert Hargreaves to discuss what investors should look out for in the key statement. Rupert Hargreaves: Next Tuesday, the Office for Budget Responsibility publishes updated economic and fiscal forecasts, as required under the 2011 Budget Responsibility Act, [...]
HARMAN and Viasat Collaborate to Enable In-Cabin Voice Calls Over Satellite Communications March 2, 2026 New SatCom voice-calling capability enhances HARMAN Ready Connect for reliable, anywhere, anytime connectivity Collaboration with Viasat brings trusted and resilient satellite network and expertise to support seamless connectivity, complementing cellular networks Ready Connect and HARMAN’s market-ready products showcased at MWC Barcelona 2026, Fira Gran Via, Hall 2 – Stand #2D51
Quectel Showcases Advanced mmWave Radar Solutions for Smarter, Safer Vehicles at MWC Barcelona March 2, 2026 Quectel Wireless Solutions, a global end-to-end IoT solutions provider, is showcasing its latest automotive-grade mmWave radar solutions at MWC Barcelona in Spain, highlighting innovations that enhance vehicle safety, convenience and intelligent sensing capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260301424839/en/ At the show, Quectel will be showcasing two digital key applications [...]
SES: Full Year 2025 Results March 2, 2026 SES S.A. fully consolidates Intelsat from 17 July 2025 and announces financial results for the year ended 31 December 2025 FY25 Performance (€ million) 2025 as reported (1) 2024 as reported (1) ∆ at constant FX (2) 2025 like-for-like (3) 2024 like-for-like (3) ∆ at constant FX (2) Average €/$ FX rate 1.12 1.09 [...]
MIPIM: The Cannes real estate conference shaping the London skyline March 2, 2026 The City of London Corporation's presence at MIPIM is as strategic as it is promotional, and will help shape the City skyline.
Business confidence slumps ahead of Spring Statement March 2, 2026 Business confidence slumped back in February as directors’ frustration with the state of the UK economy grew, new research has shown. The Institute of Directors’ latest business confidence survey has uncovered bosses’ exasperation with the UK economy and the level of employment taxes preventing them from taking on more workers. The IoD said its economic [...]