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Business

  • Dunelm eyes store expansion as Brits get the blues

    February 10, 2026

    Dunelm is eyeing a major expansion of its store estate as the furniture and homeware store looks to claw more market share from rivals. Chief executive Clo Moriarty, who joined the firm from Sainsbury’s in October, told Morning Wire the FTSE 250 firm had “identified a suite” of new locations and intends to “go after [...]

  • ‘Crown jewel’ of Olympic Games memorabilia put up for sale at auction

    February 10, 2026

    An ultra-rare winners’ medal from the first modern Olympic Games in Athens in 1896 is set to be sold at auction in Denmark next month.  The silver gong – gold medals were only introduced in 1904 – is believed to be the world’s oldest Olympic medal and has an estimated value of 200,000–300,000 Danish kroner [...]

  • Standard Chartered shares fall as finance boss exits for Apollo

    February 10, 2026

    The finance boss of Standard Chartered has made a swift exit from the bank as he takes up a top job at asset manager Apollo. Diego De Giorgi, who joined the bank in September 2023 before becoming chief financial officer in January 2024, stepped down to lead Apollo’s European, Middle East and Africas region. The [...]

  • BP shares slide as suspends share buybacks and increases cost-cutting goal

    February 10, 2026

    Energy giant BP has suspended its share buyback programme and deepened its cost-cutting target, as it scrambles to bolster its balance sheet amid the anticipation of a weaker oil price. In its final results, the company said the decisions were taken to allow it invest in its oil production business and “fully allocate excess cash” [...]

  • Budget documents accessed thousands of times before release

    February 10, 2026

    The budget was accessed nearly 25,000 times before its formal release, according to an official report into the leak, raising questions over the data handling practices of the UK’s fiscal watchdog. The National Cyber Security Centre (NCSC) said it had identified at least 24,701 successful downloads of the document, compared to the 43 spotted in [...]

  • Barclays kicks off £15bn shareholder bonanza after profit rises

    February 10, 2026

    Barclays kickstarted plans to dish out heaps of cash to shareholders on Tuesday after the bank’s profit breezed ahead of expectations for the 2025 financial year. The FTSE 100 giant launched a fresh £1bn share buyback after pre-tax profit soared 13 per cent in the last 12 months to £9.1bn. This came ahead of internal [...]

  • FTSE 100 Live: BP tumbles on buyback suspension, Barclays profit boost

    February 10, 2026

    Good morning and welcome back to the Morning Wire liveblog. It was a rocky day for bond markets on Monday as political jitters rippled through the City. The 10-year gilt yield – a key benchmark for the government – rose as much as 10 basis points to 4.62 per cent following news that Scottish Labour [...]

  • Starm before the storm? PM survives the day but crisis still looms.

    February 10, 2026

    Sir Keir Starmer has insisted he is “getting on with the job” following a punishing 24 hours in which he lost his Chief of Staff, his Director of Communications and the support of Labour’s leader in Scotland as the fallout from the Peter Mandelson scandal threatens to collapse the government. As leadership speculation continued to [...]

  • Fractile pledges £100m UK expansion amid AI chip push

    February 10, 2026

    UK chip start-up Fractile has announced a £100m expansion of its British operations, scaling up in London and Bristol as ministers step up calls for greater domestic ownership of critical AI. The investment, which will be rolled out over the next three years, will fund a new industrial hardware engineering facility in Bristol. The move [...]

  • Why the Tory Party tried to persuade Karren Brady to run for London mayor

    February 10, 2026

    The Tories need a political heavyweight to come forward and run for mayor. We once tried but to no avail, writes Giles Kenningham

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