Motor finance trade body gears up for legal challenge to £9bn redress April 24, 2026 The motor finance industry’s trade body is mulling lodging a legal battle against the UK financial watchdog‘s £9bn redress scheme. The Finance and Leasing Association (FLA), which counts Santander and the financial arms of BMW and Volkswagen among its members, is reported to be leaning towards challenging the City regulator’s scheme. Members of the body [...]
Intel hails highest share price in decade as earnings smash forecasts April 24, 2026 Intel shares jumped as much as 24.4 per cent on Friday after the chipmaker delivered a strong earnings beat and upbeat outlook, raising hopes of a sustained turnaround. The stock surged in early trading after already climbing more than 20 per cent in after-hours moves, putting it on track for one of its biggest one-day [...]
Saracens hit out at disjointed rugby calendar amid £9m loss April 24, 2026 Saracens have hit out at the disjointed rugby calendar after the London club made losses of £9m last season. The side, who finished sixth last year and missed out on the semi-finals, used their accounts to criticise rugby’s domestic calendar, which features huge spells without matches to ensure that players can play international rugby and [...]
Lord Hannan made IEA chief April 24, 2026 The Institute of Economic Affairs has announced Lord Daniel Hannan as its new director general. Hannan, a former Tory MEP who was one of the top Vote Leave figures in 2016, will take up the post on 1 June 2026. He has long been an avid critic of the EU and was one of the [...]
Big Four carnage as KPMG swings the jobs axe on both sides of the Pond April 24, 2026 On the back of KPMG taking the shears to its partners’ headcount in the UK, around 140 audit partners across the Atlantic are now set to lose their jobs. The Big Four firm is set to cut about 10 per cent of its 1,400 US audit partners to reduce its bloated headcount. The move comes [...]
Exclusive: Fabregas free to become Chelsea manager, says Como chief April 24, 2026 Como 1907 would not stand in the way of Cesc Fabregas leaving should the club’s manager be lured to the Premier League by Chelsea, their president has told Morning Wire. Fabregas, who played for Chelsea for five seasons, is now coach of the Serie A club based on the banks of Lake Como and among [...]
Musk rolls out Cybercab after mixed Tesla results April 24, 2026 Tesla boss Elon Musk has confirmed production of the firm’s long-awaited Cybercab robotaxi has begun, as the car giant doubles down on AI and autonomy following a mixed set of quarterly results. Speaking on Tesla’s first quarter 2026 earnings call, Musk said: “We have just started production of Cybercab.” He also shared a short promotional [...]
Lib Dems vow to push back controversial Pension Schemes Bill April 24, 2026 The government has been warned that the Pension Schemes Bill will continue to be pushed back unless ministers remove controversial mandation powers, as a groundswell of opposition puts pressure on the government to water down the bill. The warning comes as the House of Commons gears up for the bill to bounce back from the [...]
Motor finance and wealth progress in spotlight for Lloyds earnings April 24, 2026 Investors will be looking for old wounds to be heal and crucial updates on expansion progress when Lloyds Banking Group gives its first-quarter update next week. The FTSE 100 banking titan – which is frequently cited as the UK’s most-traded stock – will give markets an insight into how it started the new year on [...]
UK is of ‘marginal relevance’ – Nick Clegg dismisses sovereign AI push as ‘dishonest’ April 24, 2026 Nick Clegg has told Morning Wire that the UK’s AI sovereignty debate is “slightly dishonest” due to our “marginal relevance” as a global tech player. The ex-president of global affairs at Meta also said that policy decisions taken in recent years have limited the role the UK can now play in the development of AI [...]