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Business

  • Scotch whisky makers look to India amidst Trump tariff worries

    February 18, 2026

    Scotch whisky makers selling into the US faced a challenging year as a result of Donald Trump’s tariffs, according to new figures, but many distilleries spy a long term opportunity in India. Figures out last week from the Scotch Whisky Association (SWA) showed that the value of Scotch exports to the US declined by four [...]

  • Carmakers to skirt a crash in £11bn motor finance redress

    February 18, 2026

    UK carmakers are set to curb a hefty hit in the City regulator’s forthcoming redress scheme for the motor finance scandal. Captive lenders, in-house lenders of manufacturers, are to be granted some reprieve by the Financial Conduct Authority (FCA) after relentless lobbying that the scheme could hamper investment in the UK. The FCA was forced [...]

  • Exclusive: Fintech unicorns lukewarm on Reeves’ stamp duty holiday

    February 18, 2026

    Two of Britain’s most exciting IPO candidates have told peers that the Treasury’s recent overhaul of stamp duty on shares will not be enough to convince them to list in London, Morning Wire can reveal. Payments giant Zilch and banking software provider Thought Machine both used a recent meeting of industry heavyweights to raise concerns [...]

  • BAE Systems rides defence wave to dividend boost and record results

    February 18, 2026

    BAE Systems shareholders are set for a pay bump as the London-listed group has benefited from the wave of increased global defence spending. Sales at Europe’s largest defence contractor rose 10 per cent to a record £30.7bn, while underlying profit grew 12 per cent to £3.3bn. The group saw its total order backlog reach a [...]

  • Inflation eases to three per cent boosting interest rate cut hopes

    February 18, 2026

    Inflation fell to its lowest level in nearly a year last month, new figures show, giving a further boost to hopes that the Bank of England will cut interest rates in March.  The headline rate dipped to 3.0 per cent in January, according to the Office for National Statistics (ONS), down from 3.4 per cent [...]

  • FTSE 100 Live: Inflation falls to near year-low; BAE leads stock rally

    February 18, 2026

    Good morning and welcome back to the Morning Wire liveblog. Inflation has fallen to a near year-low this morning hitting its slowest pace since March and fuelling hopes that the Bank of England will take the chop to interest rates next month. New data from the Official for National Statistics showed rose the Consumer Price [...]

  • The Debate: Is working from home making us less productive?

    February 18, 2026

    Nigel Farage has called for a nationwide "attitudinal change" over working from home amid sluggish UK productivity. Could he have a point?

  • How the business of photographing the Winter Olympics has changed

    February 18, 2026

    Getty Images’ Ken Mainardis takes us through how the business of snapping the Winter Olympics has changed over time. Picture this – you hoist a 20kg bag of camera equipment onto your back and ski down an Olympic course to lie down in the snow and wait for hours for competition to start, all so [...]

  • What happens if workers start wearing Meta glasses to the office?

    February 18, 2026

    Meta smart glasses are going from niche to norm, so what happens when people start wearing them in the office, asks Paul Armstrong.

  • We have created the worst possible system of government

    February 18, 2026

    Keir Starmer does not appear to have many original thoughts (aides say he doesn’t read books while the PM himself told a baffled journalist that he doesn’t have dreams) so it’s no surprise that one of the few interesting things he’s ever said was in fact first uttered by one of his predecessors. Boris Johnson [...]

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