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Business

  • Death of Football Focus is a signal for every brand at the World Cup

    May 1, 2026

    Brands will spend fortunes on this summer’s World Cup but they should heed the BBC’s warning when scrapping Football Focus, writes Amar Singh. I grew up with Football Focus. Saturday lunchtime, Bob Wilson in a grey suit, grainy footage of some Division Two ground in the rain. It was the traditional seat-warmer for a weekend [...]

  • After Santander’s TSB takeover – who are the top players in UK banking?

    May 1, 2026

    Santander shocked the City last years after beating out its rivals to snap up TSB Bank. Now with the takeover complete, who are the major players in the sector? The near £3bn mega-merger of Santander and TSB has finally reached completion. And with it, Spanish-owned Santander is set to significantly beef up its UK presence [...]

  • UK manufacturing at four-year high but costs rise at pandemic pace

    May 1, 2026

    The UK manufacturing sector broke to a four-year record in April but the constraints triggered by the Iran war threatened to upend growth prospects. The latest Purchasing Managers Index (PMI) from S&P Global put the industry’s reading at 53.7 – its best since May 2022. This marked its sixth consecutive month above the neutral 50.0 [...]

  • Claire’s Accessories to launch UK high street comeback

    May 1, 2026

    Collapsed jewellery chain Claire’s Accessories will return to British high streets next month after its stores were shuttered only days ago, according to reports. The budget accessories retailer is set to launch 50 new stores on UK high streets, in a comeback staged by the owner of its European stores. Claire’s shut its remaining stores [...]

  • MJ Gleeson warns building cost inflation prompting ‘high caution’

    May 1, 2026

    Housebuilder MJ Gleeson has sounded the alarm over building cost inflation, prompting “higher than usual caution” over its finances. The London-listed firm said on Friday: “We have recently seen some softening in footfall and reservations, and limited increases in the cost of some materials.” The effective blockade to the Strait of Hormuz caused by the [...]

  • South East Water chair quits after damning report by MPs

    May 1, 2026

    The chair of South East Water has resigned with immediate effect after a damning report by MPs into supply issues facing the utilities business. Non-executive chair Chris Train has departed after tens of thousands of residents in Kent faced disruption to water supplies in November and December. In a statement South East Water said: “Board [...]

  • House prices rise in April as market proves ‘remarkable resilience’

    May 1, 2026

    House prices made a surprise jump in April, as the “remarkable resilience” of the UK’s housing market trumped the hit to consumer confidence caused by the Iran war. Annual house price growth in the UK climbed to three per cent last month, up from 2.2 per cent in March. National house prices grew by 0.4 [...]

  • Natwest shares slip as bank upgrades income on higher interest rates

    May 1, 2026

    Natwest breezed past profit expectations in the first quarter of the 2026 and is predicting a greater bump to its bottom line on the back of higher-than-expected interest rates. The FTSE 100 giant booked a £2bn pre-tax profit in the first three months of the year, up from £1.8bn in the same period last year [...]

  • FTSE 100 Live: Stocks drop amid US-Iran war mixed messaging; House prices up

    May 1, 2026

    Good morning and welcome back to the Morning Wire liveblog. Markets are scrambling for some messaging this morning as tensions around the Iran war drag on. Donald Trump faced a deadline for today whether to formally end the war in Iran or make the case to the US Congress for extending it. But an official [...]

  • Delay fuel duty hike or risk stalling major transport projects, Labour warned

    May 1, 2026

    The government risks stalling key road and rail infrastructure projects unless it extends the freeze to fuel duty, a leading construction industry body has warned. The Construction Plant-hire Association (CPA), which represents more than 2,000 firms providing construction machinery and expertise, told Morning Wire “nothing will get built” if its members pull back from projects [...]

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