Britain is still paying a heavy price for Covid lockdowns March 31, 2026 Six years on from the first lockdown, Britain hasn’t returned to its pre-Covid path – instead becoming a high-tax, low-growth less free nation, says Alex Pugh A little over six years ago, 27m people watched UK Prime Minister Boris Johnson tell them to “stay home” to tackle the spread of coronavirus. Johnson said you should [...]
More harm than good? Minimum wage hikes kick in from April March 31, 2026 With April approaching plenty of conversations have focused on the end of the tax year, with people scrambling to utilise their ISA allowances, but the month also brings about a pay rise for millions of Brits – and increased costs for employers. The national minimum wage will increase from 1 April, with Chancellor Rachel Reeves [...]
Blackrock mulls a move to HSBC’s Canary Wharf tower March 31, 2026 Blackrock is mulling a move to HSBC’s Canary Wharf skyscraper with the site one of a number of locations viewed by the firm as it scouts for a new London headquarters. The world’s largest asset manager has taken a look at the 8 Canada Square tower, which HSBC is set to vacate next year. But [...]
UK economy grew 1.4 per cent in 2025 March 31, 2026 The UK economy grew 1.4 per cent in 2025, official data has shown as data analysts nudged up the estimate for the year. The Office for National Statistics has confirmed that the UK economy grew more than originally thought but growth slowed down radically as the year passed. It found that GDP increased by 0.1 [...]
Allshares Acquires Technology Company Amalia to Accelerate Innovation in Ownership and Incentive Management March 31, 2026 Allshares, a global equity and ownership management platform, today announced the acquisition of Amalia, a France-based company specializing in sales commission and performance management software. The acquisition strengthens Allshares’ platform, adding a sophisticated, rules-based engine that expands and enhances its end-to-end ownership offering. Founded in 2020, Amalia was built technology-first. Its software is centered on [...]
Alfasigma Reports Solid Performance in 2025 Supported by Double-Digit Revenue Growth in key strategic brands in Immunology (+17%1), Gastroenterology (+15%), Vascular (+10%), and Consumer Healthcare expansion portfolio in international markets March 31, 2026 Revenues of €1.8 billion (-4% versus PY) driven by solid performance across key therapeutic areas and global markets, partially offset by Ocaliva® withdrawal impact. Adjusted EBITDA2 of €350 million (-18% versus PY) underpinned by streamlined operational efficiencies and operating model evolution. Like-for-like Revenues up 7%, and EBITDA up 20%, adjusted for voluntarily withdrawal of Ocaliva® from US market. Marketing application under EMA review for the use of Jyseleca® in a new indication of axial spondyloarthritis (axSpA), a chronic inflammatory arthritis, to address unmet patient needs, submitted following the reporting period. Following the reporting period, agreement with GSK plc for worldwide exclusive rights to develop, manufacture and commercialise linerixibat; subsequently granted FDA approval for the US market (March 2026).
AviadoBio Advances AVB-101 Gene Therapy Program and Initiates Fourth Dose-Escalation Cohort of Phase 1/2 ASPIRE-FTD Trial March 31, 2026 Early biomarker and safety data show encouraging signals with plans to present additional data in 2H 2026 AviadoBio secures strategic investment from The Alzheimer’s Drug Discovery Foundation (ADDF) and The Association for Frontotemporal Degeneration (AFTD) through their Treat FTD Fund to support ASPIRE-FTD Trial AviadoBio regains full rights to AVB-101 gene therapy program
Exclusive: Databricks commits $850m in vote of confidence for UK tech March 31, 2026 Databricks is pouring more than $850m (£644m) into the UK over the next three years, City AM understands, in a major vote of confidence in Britain’s position as a European AI hub. The US data and AI group said it would quadruple its London office footprint with a new 137,000 sq ft headquarters in Fitzrovia, [...]
FTSE 100 Live: Stocks inch up; Fuel shortage fears hit airlines; Unilever nears food deal March 31, 2026 Good morning and welcome back to the City AM liveblog. Oil prices are on track for its biggest monthly gain on record for March following the outbreak of war in Iran. It comes as the war in Iran continues to cause ripples through the market, with Brent crude – the international benchmark for oil prices [...]
On this day: The death of JP Morgan March 31, 2026 Today in 1913, John Pierpoint Morgan died in Rome having saved the United States from financial catastrophe not once but twice, writes Eliot Wilson Today in 1913, in Rome’s Grand Plaza Hotel, a 75-year-old American died in his sleep. He was a big man, 6’2” and heavyset, with sharp, unsettling eyes and a purple, swollen [...]