Natwest forced to pause AGM after climate protest April 28, 2026 Natwest was forced to pause its annual general meeting on Tuesday following a disruption from climate protesters. The FTSE 100 giant’s chairman Rick Haythornthwaite adjourned the meeting – taking place at Natwest’s Gogarburn headquarters in Scotland – after protesters disrupted his address to shareholders. Campaigners had been calling for a protest vote against Haythornthwaite in [...]
Government borrowing costs soar as Iran war drags on April 28, 2026 The government’s borrowing costs have risen to their joint highest level since the 2008 financial crisis, after a sharp jump in the oil price prompted a sell-off in UK debt because of concerns over inflation. The yield on the 10-year gilt – the main benchmark for any government’s long-term ability to borrow – climbed back [...]
A ‘safe harbour’? London needs more ambition than that April 28, 2026 Boring stability might win London short-term preference, but it won't see us win the race for any bigger prizes, writes Janine Hirt.
JP Morgan shifts Paris jobs back to London in Brexit shake-up April 28, 2026 JP Morgan is relocating a number of roles at its Paris hub to London in a rethink of policies introduced in the wake of Brexit. The Wall Street titan is shifting a handful of trading roles to London after over-estimating the number of EU-based staff it would need to meet post-Brexit rules. Along with EU [...]
Ratcliffe’s Ineos signs £85m deal with Netcompany for grand tour cycling team April 28, 2026 Ineos has struck an £87m deal with Netcompany which will see the IT services firm become co-title partner of the Grenadiers grand tour cycling team. The Netcompany Ineos Cycling Team will debut at next week’s Giro d’Italia and see the cycling team – once Team Sky – have a third-party sponsor besides Sir Jim Ratcliffe’s [...]
Law firm ‘hopeful’ staff are back in Middle East office in May April 28, 2026 A major US law firm with a large London headcount is ‘hopeful’ staff will be returning to their desks in its Middle East office in less than a week, Morning Wire understands. The firm is keen for lawyers to return to their seats in the Abu Dhabi office from 4 May, and has agreed to [...]
‘Stuff of nightmares’: Hold interest rates, Morning Wire Shadow MPC says April 28, 2026 Interest rates should be left unchanged in April but the future path of monetary policy could be unclear, Morning Wire’s Shadow Monetary Policy Committee has suggested. A group of City economists and academics has called for interest rates to be left at 3.75 per cent on Thursday, citing the risk of higher inflation due to [...]
UK firms unaware of how their AI data is used overseas April 28, 2026 Most large UK firms do not fully know what happens to their data once it is processed by AI systems abroad, raising compliance and security concerns as adoption continues to rise. According to a recent Harbr Data survey, 61 peer cent of senior tech and data leaders at companies worth £100m or more lack a [...]
Barclays takes shot at tax speculation as UK growth forecast cut April 28, 2026 Barclays has taken a shot at the wave of tax speculation surrounding the industry as the bank trimmed its growth output for the year ahead. Fears the banking sector might be targeted for a cash grab have gathered pace following the war in Iran, amid concerns over mounting cost pressures. The Middle East conflict is [...]
Taylor Wimpey sales fall as Iran war pushes up building costs April 28, 2026 Leading housebuilder Taylor Wimpey is bracing for rising costs in its supply chain as the industry warns of soaring building inflation caused by the Iran war. The housebuilder’s warning prompted its stock to dip in early trading, pushing its share price down as much as 4.7 per cent on Tuesday. The FTSE 250 firm’s order [...]