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  • ‘Very clever’ – Mandelson shared sensitive advice with Epstein at height of Eurozone drama

    February 3, 2026

    Peter Mandelson sent Jeffrey Epstein sensitive advice concerning the liquidity of the UK financial system and the stability of the euro that had been shared with Prime Minister Gordon Brown. In the exchange, which took place in May 2010 at the height of the Eurozone debt crisis and in the turbulent political aftermath of the [...]

  • Bank of England names first fintech cohort for scale-up regulator

    February 3, 2026

    The Bank of England has named the first handful of UK fintech talent which will be overseen by the new regulatory ‘Scale-Up’ unit. Small business lenders OakNorth and Allica Bank – which was named the fastest-growing fintech ever by Deloitte – were listed as two of the firms that had been accepted into the first [...]

  • NFL chiefs back Bad Bunny Super Bowl LX show amid Trump protest fears

    February 3, 2026

    NFL chiefs have defended choosing Bad Bunny to headline the Super Bowl LX half-time show amid fears he will ignite a row over President Trump’s immigration crackdown. The Puerto Rican declared “ICE out” at the Grammy Awards on Sunday in protest at federal agents’ hardline approach, including the fatal shooting of two people in Minneapolis [...]

  • Rolls-Royce: FTSE 100 giants shares eye all-time high in tariff comeback

    February 3, 2026

    Shares in aerospace giant Rolls-Royce were back on the march to an all-time high after a tariff salvo from the US sent the City giant’s stock tumbling. The FTSE 100 titan’s stock was up 1.6 per cent to 1,250.50p on Tuesday morning, making it one of the top risers on the blue-chip index. The Derbyshire-headquartered [...]

  • Mandelson eyes ‘outsider’ role after quitting Labour over Epstein fallout

    February 3, 2026

    Lord Peter Mandelson had declared a “sea change” in his career after resigning from the Labour Party following the latest batch of Epstein files released last week. Speaking to The Times, Mandelson, freshly departed from Labour after 40 years at the top, said he now wants to “contribute ideas that enable Britain to strengthen and [...]

  • London fintech Teya launches in Spain and Italy amid European expansion

    February 3, 2026

    Payments business Teya has added two new countries to its operations as it marks the next phase in its global expansion. The London-based fintech, which is incorporated in the Cayman Islands, is this week launching in Spain and Italy after successful pilot projects in both countries began in July. The move means Teya, which was [...]

  • Irn-Bru maker shares jump after snapping up soft drinks rivals for £50m

    February 3, 2026

    The drinks merchant behind Irn-Bru is forecasting a major boost to profit for the latest financial year after the firm stripped back costs and snapped up a pair of its soft drink rivals. AG Barr, which owns brands such as Boost, Funkin Cocktails and Rubicon, told markets it had sealed a near-£38m deal to buy [...]

  • Red signal for £500m Central line upgrade after just four trains refitted

    February 3, 2026

    The planned £500m upgrade of the Central line has hardly got going, Morning Wire can reveal, after the project to refit the key underground line serving the Square Mile suffered severe delays. Just 4 of 71 Central line trains had been successfully refitted by the beginning of 2026, according figures obtained via a freedom of information request [...]

  • FTSE 100 Live: Gold back on climb; Musk’s major Space X merger

    February 3, 2026

    Good morning and welcome back to the Morning Wire liveblog. It was quite the day for the FTSE 100 on Monday, with the index getting swept in the global metals sell-off in early trading before clawing its way out of the red and enjoying a steady stream of gains all the way to a record [...]

  • This time there can be no way back for Peter Mandelson

    February 3, 2026

    On 9 June 2009 Mandelson told the House of Lords that, as Business Secretary and First Secretary of State, he was focused on helping Britain to emerge from recession “stronger, more competitive and able to grow in the future,” adding that government policies will “enrich our society.” Days later he appeared to be more focused [...]

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