FCA slashes banks’ motor finance payouts as compensation scheme finalised March 30, 2026 City banks are set to face a more than £9bn motor finance bill after the UK’s financial watchdog laid out plans for its long-awaited motor finance redress scheme in a major U-turn after months of backlash. The Financial Conduct Authority (FCA) revealed the details of its industry-wide redress scheme for the car mis-selling saga on [...]
Marseille owners back $300m prize equestrian Premier Jumping League March 30, 2026 The owner of French football giants Marseille has backed a new showjumping league offering $300m in prize money. Premier Jumping League launched this week with plans to revolutionise a sport often associated with an older, richer demographic. Backed by former Dodgers and current Ligue 1 club Olympique de Marseille owners McCourt Global, the new competition [...]
London developers call for emergency measures in office space squeeze March 30, 2026 The capital’s largest developers have called on the government to introduce emergency measures to solve London’s office space crisis, which risks “constraining” growth. London Property Alliance (LPA) is urging the government to designate offices as critical economic infrastructure to address dwindling supply and boost economic growth. The LPA represents the capital’s largest property developers and [...]
Why the AI boom can’t be compared to the dotcom bubble March 30, 2026 Fears that the AI boom is heading for a dotcom-esque crash have been simmering for quite some time now, as tech stocks wobble and valuations reset. But new data suggests the comparison is flawed, and risks missing what is actually happening in the market. According to Redpoint Ventures’ 2026 market update, today’s AI cycle is [...]
Cardiff City fails in £100m claim against Nantes over Emiliano Sala death March 30, 2026 Cardiff City’s £100m Emiliano Sala compensation claim has been dismissed by a French judge. The League One club had been claiming over £100m in compensation for loss of income and damages after footballer Sala died when a plane carrying him to Wales for his transfer to the Premier League crashed into the English Channel in [...]
Sanctioned Russian oligarch’s charity launches legal action against Barclays March 30, 2026 The Potanin Foundation, a UK charity of its Russian sister organisation, the Vladimir Potanin Foundation, has launched legal action against Barclays Bank in London via advisory firm Forvis Mazars. Founded in 2006 by the former Deputy Prime Minister of Russia, Vladimir Potanin, the organisation has focused on education, culture, and philanthropy. The charity was intervened [...]
Starmer urges Brits to ‘act as normal’ as fuel shortage fears grow March 30, 2026 Sir Keir Starmer has urged Britons to “act as normal” despite energy chiefs’ warning that there could be fuel shortages within days. The Prime Minister’s spokesman said that the UK had a “resilient and diverse” supply of energy sources as he played down the prospect of a fuel crisis. “We will always plan for all [...]
China overtakes UK in AI talent race March 30, 2026 China is overtaking the UK in the global race for AI talent, as a growing share of the world’s leading researchers are trained and retained domestically rather than moving to Britain or Europe. Data cited by The Economist shows that at the 2025 conference on Neural Information Processing Systems, half of all presenting researchers began [...]
Exclusive: Mordaunt suggests only death of Brits would get UK to ‘wake up’ on defence March 30, 2026 Former defence secretary Penny Mordaunt has suggested that only the death of serving British soldiers would get the Prime Minister to “wake up” and fund extra defence spending. In an interview with Morning Wire, the senior Tory figure said the current government’s spending plans for defence were “out of kilter” with reality given immediate threats [...]
Burford Capital shares crash after US court overturns $16bn Argentina ruling March 30, 2026 Shares in the dual-listed group Burford Capital have dropped nearly 50 per cent since a US court overturned a ruling in favour of Argentina, a blow to the litigation funder. The US Court of Appeals for the Second Circuit reversed the District Court’s previous ruling that found Argentina liable to pay $16bn to former shareholders [...]