UK economy ‘too weak’ to suffer from sky high inflation April 17, 2026 The UK economy will not suffer from a return of persistent high inflation because its labour market is too weak for staff to demand pay rises, a top investment bank has said. In a research note, Berenberg said that the government’s tighter grasp on the public finances and its rapidly deteriorating jobs market mean households [...]
Bank of England will set ‘high bar’ for any interest rate change April 17, 2026 Policymakers at the Bank of England will set a ‘high bar’ for making any interest rate change later this month despite growing expectations of rising inflation, top City analyst Simon French has said. The previous energy shock suffered by the UK following the Russian invasion of Ukraine in 2022 saw inflation spike to as high [...]
The Yankee dabble in Prem Rugby is Dandy, but I don’t get it April 17, 2026 It is great to see that an American investor is set to take over Exeter Chiefs; it marks a new point of interest for Prem Rugby after Red Bull and Sir James Dyson from this side of the pond invested in Newcastle and Bath respectively. And we must not underestimate the power of US involvement [...]
FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz April 17, 2026 Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]
Iran war takes familiar toll on Britain’s punch-drunk farmers April 17, 2026 The Iran war has left farmers facing another round of brutal cost rises. With the scars wrought by the cost-of-living crisis only just beginning to heal, many are warning that something will have to give. The bucolic West Suffolk estate managed by farmer Andrew Blenkiron does not, on appearances, look like a scene ravaged by [...]
Have a Puffy* Summer April 16, 2026 *Light, Layered and Unmistakably Moncler. Puffy Summer is more than a season. It’s the essence of Moncler’s DNA, evolved for lighter, brighter days outdoors – captured in a global campaign starring Jamie Dornan.
Dunelm shares slump after Iran war profit warning April 16, 2026 Shares in Dunelm have slumped after the homeware and furniture store warned its profits could dip as the Iran war damages consumer confidence. The FTSE 250 firm’s share price fell as much as 7.9 per cent on Thursday, to 789p, leaving the stock down more than 26 per cent in the year so far. The [...]
M&S Sparks rewards overhauled as retailer offers cash perks April 16, 2026 Marks & Spencer has overhauled its Sparks card reward scheme using AI after shoppers demanded cash perks instead of the existing points-based system. The upmarket food and clothing giant said it is responding to consumer criticism of its loyalty scheme by offering “personalisation and pounds, not points and tricksy pricing”. The Sparks Card had faced [...]
Ashmore share price plummets after Iran War leaves investors sitting on their hands April 16, 2026 Emerging market specialist Ashmore Group suffered a sharp drop in its share price during early morning trading, after the Middle East conflict brought earlier growth to a grounding halt and caused investors to “sit on their hands”. Shares tumbled 5.6 per cent in early trading to 209.4p, after the group reported a three per cent [...]
Santander and TSB kick off mortgage rate cuts after Iran turmoil April 16, 2026 Santander and TSB have kicked off the mortgage rate cutting cycle after lenders pulled deals and hiked their rates amidst the turmoil in Iran. From Thursday, Santander said it would be lower the price on higher loan-to-value (LTV) mortgages products by near 0.3 per cent, which includes its two-year fixed, first-time buyer products. Meanwhile, TSB said it [...]