Middle East expats rush back to London, luxury property rents spike April 10, 2026 An influx of people who have recently moved to the Middle East are now seeking short-term refuge in London, pushing up rents in the capital’s luxury property market – according to a leading estate agency. British, European and North American nationals have rushed to snap up short-term rentals in high-value London properties since the Iran [...]
Dolce & Gabbana co-founder quits and mulls selling stake April 10, 2026 The founder of the leading Italian fashion house, Dolce & Gabbana, has quit the label and is considering flogging his stake altogether. Stefano Gabbana resigned as chairman in December, according to Italian corporate filings. The fashion mogul founded Dolce & Gabbana in 1985 with his then-partner Domenico Dolce, and the pair had remained in charge of its [...]
OECD tells Reeves to reform ‘inefficient’ UK tax system April 10, 2026 Top economists have urged Chancellor Rachel Reeves to launch a sweeping review of the UK tax system in order to improve growth prospects and boost investment. Researchers at the OECD – Organisation for Economic Co-operation and Development for long –said the UK economy suffered from distortions in its tax system as well as loopholes exploited [...]
Peter Kyle touts US opportunities as OpenAI pauses UK investment April 10, 2026 Business secretary Peter Kyle has insisted Britain’s economic ties with the US are strong despite political tensions, in what he dubbed a “really great economic set of opportunities” between the two countries. Speaking ahead of a major trade mission to California, Kyle was optimistic about transatlantic relations, despite rhetoric from Trump straining diplomatic ties. “The [...]
FTSE 100 Live: Stocks jittery as North Sea oil prices smash record April 10, 2026 Good morning and welcome back to the Morning Wire liveblog. Markets are continuing to digest the ever-changing narrative coming out of the conflict in the Middle East but even as hopes of a peace deal rise, the economic overhang still threatens to send shocks across the country. In a speech by Kristalina Georgieva, the IMF’s managing [...]
Investec Champions Cup needs two-legged quarter-finals. Here’s why April 10, 2026 It occurred to me, while watching predominantly dominant performances from home teams in the round of 16 last weekend, that the Investec Champions Cup needs two-legged quarter-finals. It was a little depressing to watch a depleted Leicester Tigers side who had won just one match in the group phase get smashed by defending champions Bordeaux [...]
16 hours on social media is an ‘addiction’ – but you’re not far off April 10, 2026 A young woman in the US stood up in court and said she spent 16 hours a day on Instagram. It’s a hefty figure, yes, but a closer look at the platform’s own research into algorithmic design and just how routinely it is used, shows it sits less at the margins than one might assume. [...]
The six reasons why startups fail (and only one is unavoidable) April 10, 2026 Why do so many startups fail? Dr Bernard Bulkin, who has worked in venture capital for 21 years, says there are six main reasons.
Miliband slammed for net zero sprint as high costs hamper businesses April 10, 2026 Labour-linked researchers have slammed Ed Miliband’s net zero drive as the UK’s sky-high energy costs have come under intense scrutiny due to oil trade disruptions from the war in Iran and OpenAI’s decision to put a landmark data centre project in the UK on. Researchers at the Tony Blair Institute blamed the UK government’s dithering [...]
Easter boosts high street footfall but retailers hold their breath April 10, 2026 Retail footfall jumped in March as Easter boosted shopping activity, but business leaders fear tax and employment costs could yet cause havoc. Total footfall in the UK increased by 2.4 per cent last month, according to trade body the British Retail Consortium (BRC), offering a welcome boost for retailers after wet weather drove shoppers away [...]