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Business

  • Erling Haaland follows Eze and Salah chess passion with investment

    March 20, 2026

    Manchester City and Norway striker Erling Haaland has followed fellow Premier League stars Eberechi Eze and Mohammed Salah in sharing his passion for chess after investing in the game. Haaland has backed Norway Chess and its modernised format, the Total Chess World Championship Tour, alongside Norwegian business leader Morten Borge. It is the superstar’s latest [...]

  • Hargreaves Lansdown customers unable to make transactions after tech problem

    March 20, 2026

    Customers at the UK’s largest DIY investment platform Hargreaves Lansdown have been locked out of their accounts, leaving them unable to make transactions during a period of severe market volatility. Since Thursday evening, investors attempting to log on to the website were unable to access cash savings, pensions and investment accounts because of an IT [...]

  • FCA launches investigation into collapsed shadow bank MFS

    March 20, 2026

    The UK’s financial watchdog has begun a probe into shadow bank Market Financial Solutions following its collapse last month. The Financial Conduct Authority (FCA) said it had opened an enforcement investigation into the business. The regulator did not disclose the subject or terms of the investigation. The FCA said MFS is an “Annex 1 business”, [...]

  • Wetherspoon boss Tim Martin hits back at Miliband ‘warm beer’ advice

    March 20, 2026

    The boss of the UK’s best-known pub chain has hit back at Ed Miliband after he issued guidance which sparked concerns that pubs will have to serve warmer beer to keep energy bills down. Tim Martin, chairman of JD Wetherspoon, told Morning Wire pubs will be swiftly overtaken by supermarkets if they opt to cut [...]

  • Borrowing costs soar to post-financial crisis high in blow to Reeves

    March 20, 2026

    UK government borrowing costs have soared to their highest level since the Great Financial Crisis in 2008, with markets frightened by the state of public finances in the face of another global price shock.  Gilt yields have inched up over the course of the week, with the ten-year gilt yield topping 4.9 per cent on [...]

  • Exclusive: Formula 1 teams scramble to move freight stuck in Middle East

    March 20, 2026

    Formula 1 teams are scrambling to access key racing components stuck in the Middle East due to the closure of the Strait of Hormuz and the wider Iran conflict, Morning Wire can reveal. The regional tensions have already caused both the Bahrain and Saudi Arabia Grands Prix to be postponed, and potentially cancelled, leaving a [...]

  • Unilever food spin off gets marmite reception

    March 20, 2026

    Unilever’s talks over selling its food business has been met with a marmite reception as analysts warned a deal may not pay off until the long-term. The FTSE 100 giant said on Friday it is in talks with US spice and seasoning maker McCormick over offloading its food brands, including Marmite and Hellman’s. The move [...]

  • Bank of England to hike interest rates twice, JP Morgan says

    March 20, 2026

    The Bank of England will hike interest rates at its next meeting in late April, JP Morgan has predicted, presenting a new threat to the security of the UK economy.  JP Morgan economist Allan Monks has said that the Bank’s Monetary Policy Committee (MPC) will opt to raise interest rates at least twice this year.  [...]

  • Analysis: Could £1bn IPL RCB cricket windfall begin Diageo’s comeback?

    March 20, 2026

    It’s been a tough few months for Diageo – and a tough few years for Diageo shareholders. The London-listed drinks giant has seen its share price melt away amid a slump in demand for premium spirits, rising production costs and a flurry of tariffs from across the pond. The stock is already down by an [...]

  • Energy watchdog: Work from home and avoid flying amid oil crisis

    March 20, 2026

    The world’s energy watchdog has urged people to work from home to mitigate soaring oil prices and supply constraints caused by the intensifying Iran conflict.  The International Energy Agency (IEA) said people should limit commuting where possible as the impact on markets and national economies becomes “more and more severe”. The advice was part of [...]

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