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Business

  • City chairman: Reports of London’s death have been greatly exaggerated

    February 16, 2026

    Despite many claims to the contrary, what's happening in London today is not stagnation, but renaissance writes Chris Hayward.

  • Oak Furnitureland pares back losses as firm eyes showroom expansion

    February 16, 2026

    Oak Furnitureland is eyeing further showroom expansion after the retailer improved its profitability. The Swindon-based business is targeting a host of new stores over the course of 2026 following the opening of a new showroom in Coventry in September, and is eyeing a refurbishment of at least half of its existing store estate by the [...]

  • Bank of England’s Mann says minimum wage rise linked to youth employment

    February 15, 2026

    An increase in minimum pay for younger workers has led to a rise in youth unemployment, according to Bank of England rate-setter Catherine Mann, as new data shows Britain’s jobless rate for young people has climbed above the European average. The unemployment rate for 18 to 24-year-olds stood at 13.7 per cent in the three [...]

  • Sarwar says Starmer welcome on campaign trail despite resignation call

    February 15, 2026

    Anas Sarwar has said Keir Starmer would be welcome to join Scottish Labour’s Holyrood campaign, despite having urged him to resign as prime minister only days earlier. The Scottish Labour leader reiterated on Sunday that he stood by his call for a change of leadership in Downing Street, arguing there had been “too many mistakes” [...]

  • Greene King weighs job cuts as pub sector braces for cost squeeze

    February 15, 2026

    Greene King is preparing to cut around 100 roles as Britain’s second-largest pub operator reviews its cost base against a backdrop of rising taxes and mounting pressure across the hospitality sector. The brewer and pub group, which operates roughly 2,600 sites across the UK, is understood to be assessing changes to its head office and [...]

  • Carmakers swallow $65bn EV hit as UK bucks slowdown

    February 15, 2026

    A $65bn (£51bn) rethink of electric vehicle strategies by global carmakers is colliding with a very different picture in the UK, where EV uptake continues to climb despite new taxes and policy scrutiny. Manufacturers across the US, Europe and Japan have booked tens of billions in writedowns over the past year as demand undershot expectations [...]

  • Macclesfield FC: FA Cup heroes in talks with ‘huge’ foreign investors

    February 15, 2026

    FA Cup giant-killers Macclesfield are in talks with two wealthy foreign groups over a transformative investment in the non-league club’s bid to continue their rapid rise. The sixth-tier team pulled off one of the biggest shocks in FA Cup history by beating holders Crystal Palace last month and are back in the spotlight on Monday [...]

  • The gender pay gap will take 30 years to close, report says

    February 15, 2026

    The gender pay gap will take another three decades to close if the current rate of progress is maintained, a new report has found. Despite efforts to speed up the rate of achieving equal pay, it will not be achieved until 2056 unless more is done, according to analysis from the Trades Union Congress (TUC). [...]

  • UK needs deeper integration with EU, says Starmer

    February 14, 2026

    The UK will seek “deeper economic integration” with the European Union and move closer to the single market in more sectors, Sir Keir Starmer has said. Speaking at the Munich Security Conference, the Prime Minister admitted the current “status quo is not fit for purpose” and the UK needs to work closer with the European [...]

  • Brewdog calls time as advisers brought in to assess bidders

    February 14, 2026

    Independent craft beer brewer, Brewdog, has called in advisers to oversee a sale that could trigger a break-up of one of Scotland’s well-known businesses. The board of Brewdog, which brands include Punk IPA and Elvis Juice, has appointed restructuring experts Alix Partners to attract interest from potential bidders, first reported by Sky News. Sources said [...]

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