S4 Capital sales fall as tech clients divert cash to AI build-out March 24, 2026 Sir Martin Sorrell’s S4 Capital has been hit with sliding sales as its biggest clients spend less on advertising and more on building AI. The digital advertising group behind Monks reported revenue of £754.8m for 2025, down 11 per cent from £848.2m a year earlier. Net revenue fell 10.8 per cent to £673m, reflecting weaker [...]
Wall Street private credit fears grow as Apollo blocks withdrawals March 24, 2026 Wall Street’s private credit crisis has spread further as further asset management giants blocked withdrawals from flagship funds. Apollo Global Management became the latest shadow bank to cap redemptions from one its biggest private credit funds after investors tried to pull $1.6bn (£1.1bn) over the last three months, as investor worries over the $3 trillion [...]
Kingfisher: B&Q owner sales dragged down by weakness in overseas brands March 24, 2026 B&Q owner Kingfisher saw the success of its UK brands dragged down by struggles overseas, as sales in France and Poland took a dip. The FTSE 100 firm suffered falling sales in its French Castorama (-2.2 per cent) and Brico Depot (-2.3 per cent) brands and in Poland (-1.1 per cent), while sales grew by [...]
Revolut profit booms after poaching record customers from high street banks March 24, 2026 Revolut revealed a major boom in its bottom line on Tuesday morning after the fintech giant poached a record amount of customers from its high street rivals. The $75bn digital banking titan posted a 57 per cent surge in group-wide profit to £1.7bn. It came as retail customers expanded by a record 16m as the [...]
FTSE 100 Live: Stocks dip; Reeves give energy update as oil prices jump March 24, 2026 Good morning and welcome back to the Morning Wire liveblog. Oil is back on the rise this morning following a series of mixed messages on Monday that brought forward a day of whiplash for global markets. The trading session started with nosedives into the red as markets digested President Trump’s 48 hour ultimatum on Iran, [...]
UK must learn lessons from this crisis – starting with energy policy March 24, 2026 Has the US brought Iran to heel? Or has Iran discovered it has the upper hand? These are urgent questions and the world waits with bated breath for clear answers. Trump claims Iran approached the US, seeking a deal to end the war, and while the Iranians deny this it seems likely that contact has [...]
Rugby resists modern marketing but Les Bleus have created a blueprint March 24, 2026 The sport of rugby union can be confusing. I don’t mean the rules – although they are part of the problem – but more how a sport can both thrive and struggle to survive almost simultaneously. Nowhere has this been more evident than in the 2026 men’s Six Nations. It was a tournament many claim [...]
Companies House disciplined over 100 staff for compliance breaches March 24, 2026 Over a hundred members of staff at under-fire Companies House faced disciplinary action for compliance breaches in the last three years. Fresh figures from a Freedom of Information request reveal the UK’s registry body for companies took action against 131 staff since December 2022. The disciplinary measures were a result of breaches relating to the [...]
Revolut eyes trading and wealth push amid hiring spree March 24, 2026 Revolut has laid out its initial blue-print for major expansion in its trading operations after the fintech giant bagged its full-fat UK banking licence earlier this month. The $75bn digital banking juggernaut has kicked off a hiring spree at its Canary Wharf headquarters as well as other financial hubs across the globe. The fintech has [...]
London skyscrapers under pressure as construction costs mount March 24, 2026 The cost of building London skyscrapers has soared by 40 per cent in five years as pressure on the capital’s high-rise property market mounts. The average cost of building a tower in the capital has increased from between £3,800 and £4,300 per square metre in 2020 to between £5,200 and £6,500 last year, according to [...]