Winter Olympics success creates flurry of interest for Snowsport England March 2, 2026 Snowsport England has reported a flurry of interest in skiing and snowboarding following Team GB’s first ever medals in both at the recent Winter Olympics. Some ski centres have had to hire more instructors to cope with rising demand credited to the success of snowboarders Charlotte Bankes and Huw Nightingale, and skier Zoe Atkin at [...]
UK firms deliberately halting growth to dodge VAT March 2, 2026 Thousands of businesses are deliberately constraining their growth to remain below the £90,000 threshold at which firms start paying VAT. City accounting firm Lubbock Fine has argued that the government should raise the threshold to £115,000, the level it would be if it had increased in line with inflation since 2017. The VAT threshold was [...]
Defence stocks jump as Iran conflict drives munitions demand March 2, 2026 European defence stocks rose at the start of the week as investors anticipated that the widening conflict in the Middle East will push up demand for munitions and military hardware. Although the European-wide Stoxx 600 was trading 1.3 per cent lower, many of the continent’s largest weapons manufacturers were comfortably in the green. In the [...]
Manufacturing exports highest in four years despite jobs decline March 2, 2026 Export orders across the manufacturing sector hit its highest level in four years and a half despite a continued decline in employment across the sector, new research has shown. S&P Global’s purchasing managers’ index (PMI) has pointed to upbeat news on the UK economy ahead of tomorrow’s Spring Statement, which will be delivered by Chancellor [...]
Exclusive: RFU in talks over back of shirt and short sponsor deals March 2, 2026 The question that hangs over rugby union always seems to be a financial one: how can a sport with successful World Cups, a strong women’s game and a generally affluent audience struggle so much to commercialise itself effectively? That doesn’t seem to be an issue for England and its governing body, the Rugby Football Union. [...]
Competition watchdog probes top hotel chains over data sharing March 2, 2026 The UK’s competition watchdog has launched a probe into top hotel chains including Hilton, Marriott and FTSE 100 giant IHG over their suspected use of a data analytics tool to share information with each other. The Competition and Markets Authority (CMA) announced the investigation on Monday morning, which centres around the hotel chains’ use of [...]
Santander names new TSB boss ahead of takeover March 2, 2026 Santander has named the new top boss of TSB Bank as the firm gears up for its blockbuster takeover of the high street unit. The Spanish-headquarted banking giant – which beat out its peers to snap up TSB for £2.6bn last July – appointed Nicola Bannister as the new chief executive of TSB. Bannister ascends [...]
Global trade at risk as insurers suspend cover following Iran conflict March 2, 2026 More than half of the world’s largest maritime insurance firms are set to cease covering war risks for ships entering the Persian Gulf after conflict broke out in the Gulf region, following the US and Israel’s launch of strikes on Iran on Saturday. As of Thursday, seven members of the City-based International Group of Protection [...]
Formula 1: Middle East conflict hits teams’ Australian Grand Prix plans March 2, 2026 The start of the new Formula 1 season has been disrupted by the conflict in the Middle East, with hundreds of team personnel facing a rush to reach this week’s Australian Grand Prix. Strikes and retaliatory attacks involving the US, Israel and Iran have grounded commercial flights across the region, forcing F1 teams to make [...]
What does Rachel Reeves’ ‘low-key’ Spring Statement mean for markets? March 2, 2026 Ahead of Rachel Reeves’ Spring Statement on Tuesday, Investec’s Chief Economist Philip Shaw sat down with Morning Wire’s Rupert Hargreaves to discuss what investors should look out for in the key statement. Rupert Hargreaves: Next Tuesday, the Office for Budget Responsibility publishes updated economic and fiscal forecasts, as required under the 2011 Budget Responsibility Act, [...]