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Business

  • Rolls-Royce shares slide as FTSE 100 plunges amid Iran war

    March 9, 2026

    A dramatic stock plummet from blue-chip giant Rolls-Royce helped drag the FTSE 100 deeper into the red on Monday morning as fears surrounding the economic impact of the Iran war ramped up. Shares in the aerospace giant were down as much as five per cent at open, before clawing back some gains to a three [...]

  • Manuel Neuer: Bayern goalkeeper to teach European sport’s next leaders

    March 9, 2026

    Bayern Munich goalkeeper Manuel Neuer is swapping the penalty box for the lecture theatre in a bid to halt the Americanisation of European sport. The man credited with inventing the sweeper-keeper role has co-founded the Center for Sports Business Tegernsee, whose stated aim is to strengthen governance and finances in Europe. Neuer’s role will involve [...]

  • Government borrowing costs mount on fears of inflation spike

    March 9, 2026

    Government borrowing costs have climbed on escalating fears that the war in the Middle East will push up inflation and leave interest rates higher.  The 10-year gilt yield jumped by some 14 basis points on Monday morning as traders continue selling off their gilt holdings over mounting fears that interest rates could rise.  Longer-term gilt [...]

  • Nscale lands $2bn funding amid UK push to grow AI infrastructure

    March 9, 2026

    London-based AI infrastructure firm Nscale has raised $2bn (£1.6bn) in funding, raising its valuation to $14.6bn as Britain seeks to get ahead of the global AI computing race. The series C round, led by Aker ASA and 8090 Industries, has been backed by heavyweight investors including Nvidia, Dell Technologies, Lenovo, Citadel and Point72. The funding [...]

  • Formula 1 plans peace talks with raging drivers after Verstappen Mario Kart jibe

    March 9, 2026

    Formula 1 chiefs plan talks with drivers aimed at quelling a rebellion over its new engine rules after four-time world champion Max Verstappen likened the racing to video game Mario Kart. Verstappen was among the most vociferous after finishing sixth in the season-opening Australian Grand Prix on Sunday, but current title-holder Lando Norris also issued [...]

  • Nigel Farage invests in Kwasi Kwarteng-backed Bitcoin treasury business

    March 9, 2026

    Nigel Farage has invested in an Aquis-listed Bitcoin treasury business as the Reform leader doubles down on his commitment to cryptocurrencies. Farage has spent £215,000 to acquire a 6.3 per cent stake in Stack BTC, a small-cap company which says it is “focused on building a portfolio of high-quality, cash-generative businesses alongside a Bitcoin treasury,” [...]

  • Global markets warned of ‘biggest energy crisis’ in modern history after oil surge

    March 9, 2026

    Global economies are facing warnings over what could the “biggest energy crisis” in modern history after the price of oil breached the $100 mark for the first time since the energy crisis in 2022. Brent crude, the international benchmark for oil, surged over 25 per cent to highs of $118 per barrel as the week’s [...]

  • G7 ministers to discuss joint release of emergency oil reserves

    March 9, 2026

    G7 finance ministers are set to discuss a possible joint release of petroleum from reserves coordinated by the International Energy Agency in an emergency meeting on Monday, as they look to tackle surging oil prices amid the conflict in the Gulf. Ministers will hold a call with International Energy Agency’s (IEA) executive director Faith Birol [...]

  • FTSE 100 Live: US stocks sink on open; Iran warns oil price could hit $200

    March 9, 2026

    Good morning and welcome back to the Morning Wire liveblog. The chaos in global markets of last following the breakout of conflict in the Middle East is poised to continue as tensions in the Gulf showed no sign of slowing down over the weekend. The price of oil notched its highest gains in a single [...]

  • Crispin Odey set for high-stakes legal showdown with the FCA

    March 9, 2026

    Millionaire fund manager Crispin Odey is set to face the City watchdogs for a three-week trial as he aims to challenge his £1.8m fine and ban from working in the financial services industry. After a series of historical sexual assault allegations that were made against Odey, the Financial Conduct Authority (FCA) slapped him with a hefty [...]

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