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 [...]
JP Morgan poaches Monzo’s banking officer to head up Chase UK April 17, 2026 JP Morgan has poached a top executive from Monzo to head up Chase UK. The Wall Street giant has hired Kunal Malani, who has served as chief banking officer at Monzo since 2020, to lead its UK-based digital banking service. Malani has had stints at Barclays and HSBC in his retail banking career before heading [...]
Manchester City: Sheikh Mansour faces calls for ban from English football over UAE links to genocide April 17, 2026 Manchester City owner Sheikh Mansour could be barred from the Premier League if the UK government heeds calls to sanction him over alleged links to genocide in Sudan. Human rights group FairSquare has called on the government to investigate the man who has led Manchester City’s transformation into one of the world’s richest and most [...]
Canada urges action on Swiss border as EES holds up business travellers April 17, 2026 Canada officials are pressing Switzerland to allow UK travellers to use automated passport gates to end the long airport queues that have become a regular gripe for business travellers. The new EU Entry/Exit System (EES), which covers the Schengen area, rolled out last week, and it has resulted in lengthy queues at airports [...]
London Sports Festival celebrates Commonwealth Games with 3×3 basketball pop-up April 17, 2026 City workers will be able to play 3×3 basketball at a pop-up court in Paternoster Square this summer as part of a Commonwealth Games flavour imbuing the 2026 London Sports Festival. The 3×3 basketball – an addition to the Commonwealth Games programme at Birmingham in 2022 and also set to feature in Glasgow this year [...]
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 [...]
Why Messi taking 100 per cent stake in UE Cornella matters April 17, 2026 Lionel Messi’s purchase of Spanish fifth-tier side UE Cornella represents a broader trend of players seeing football assets as long-term investment opportunities, top football finance experts have said. The Argentinian, who will be heading to the Fifa World Cup this year looking to defend the title he won in Qatar, will own 100 per cent [...]
Next boss Simon Wolfson takes record £7.4m pay packet April 17, 2026 Next boss Simon Wolfson took home a bumper £7.4m pay packet last year, as his best-ever pay day could be beaten by next year’s £9.3m – if the firm meets growth targets. Wolfson’s total pay soared from £4.9m the year before, as he took £967k in basic pay and more than £6m in bonuses. The [...]
Billionaire Netflix co-founder Reed Hastings quits after earnings miss April 17, 2026 The billionaire co-founder and chair of Netflix has quit after the streaming giant’s weak financial outlook spooked the market. Reed Hastings, who co-founded Netflix 29 years ago, told investors he will not stand for re-election in June and will focus on philanthropy once he leaves the firm. The shock departure comes after the streaming giant [...]
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 [...]