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Business

  • Ask the expert: How do I convert my property portfolio into a pension?

    April 2, 2026

    Do you have a personal finance question that you’re struggling to find an answer to? Email [email protected] Questions will be published anonymously. Fidelity personal finance specialist Marianna Hunt is back to advise a reader who is looking to turn their property portfolio into pension income. Q: How do you convert an exclusively property portfolio into [...]

  • The Capitalist: Warning – this is an April Fool’s joke! Haha!

    April 1, 2026

    April Fool's, AI 'writers' and economists playing football; catch up on the latest City gossip in this week's The Capitalist.

  • Dexory auditor raises evidence concerns as robotics firm losses widen

    April 1, 2026

    Auditors for Dexory have issued a rare warning over gaps in its financial records after the British robotics firm Dexory reported surging revenues alongside deepening losses. In newly filed accounts, auditors at Moore Kingston Smith said they were “unable to obtain sufficient appropriate audit evidence regarding the stock quantities”, adding they could not determine whether [...]

  • Supermarket bosses meet Rachel Reeves amid dire food inflation warning

    April 1, 2026

    The bosses of some of the UK’s biggest supermarkets met Chancellor Rachel Reeves in emergency cost of living talks on Wednesday, amid warnings that food inflation could rise to double digits this year. Leading supermarkets including Tesco, Sainsbury’s and Morrisons attended Downing Street after efforts to gather industry bosses last week were abandoned amid concerns [...]

  • Chelsea suffer biggest financial loss in Premier League history

    April 1, 2026

    Chelsea have confirmed by far the biggest annual financial loss in Premier League history after they recorded a deficit of £262m last season. The figures surpass the previous record, the £197m loss made by Manchester City in 2010-11 during a period of rapid investment by their Abu Dhabi-based ownership. It also takes the amount lost [...]

  • Sport data giant Sportradar slapped with lawsuits in UK and US

    April 1, 2026

    The $5bn valued sport data giant Sportradar has been slapped with a pair of lawsuits for “aggressive actions” towards software company Altenar.  Action has been filed in London’s High Court, while there is a Stateside suit heading to the US District Court of New Jersey. Both are claims for multi-million pounds and dollars respectively. The [...]

  • Hotel investment tops £1bn in bumper start to year

    April 1, 2026

    UK hotels attracted more than £1bn investment in the first quarter of this year, as the sector defies business rate rises and market uncertainty caused by the Iran war. Hotel investment volume surpassed £1.1bn in the first three months of the year, marking a 63 per cent increase on the £680m recorded in the same [...]

  • NBA Europe: Bids top $1bn as London team proves hottest property – sources

    April 1, 2026

    The NBA and its advisors have received several bids in excess of $1bn for teams in its proposed European league, according to sources close to the process.  The US basketball league and its advisors, JP Morgan and the Raine Group, have begun sifting through non-binding offers for the 12 permanent franchises in the new competition [...]

  • Costs up, demand down: Manufacturers suffer biggest squeeze since 2022

    April 1, 2026

    Costs for the UK’s manufacturing sector have risen at the fastest pace in three and a half years, new data has indicated, as the energy price shock from the Iran war hammers businesses.  S&P Global research has found that manufacturers suffered the highest increase in input prices since late 2022 when Russia’s invasion of Ukraine [...]

  • Matcha mayhem: Blank Street eyes $100m expansion

    April 1, 2026

    Blank Street coffee is reportedly in early talks to raise at least $100m in new funding as it eyes further expansion. The cafe chain, which has more than 50 shops in the UK, is known for its matcha drinks and has grown rapidly since it was founded in 2020. The business operates dozens of locations [...]

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