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Business

  • Boycott 2026 World Cup over Greenland, European countries told

    January 20, 2026

    European countries should consider a boycott of the 2026 World Cup over US president Donald Trump’s attempts to seize Greenland, say senior football figures in Germany and France. The US is set to stage the lion’s share of this summer’s tournament, which it is co-hosting with Canada and Mexico, including all knockout games from the [...]

  • Commonwealth Games chiefs defend move from BBC to TNT Sports

    January 20, 2026

    Commonwealth Games chiefs have defended the multi-sport event’s move to TNT Sports, which ended a 70-year partnership with the BBC as chief broadcaster. The state broadcaster had held the rights to the coverage since the 1954 edition, then known as the British Empire and Commonwealth Games, in Vancouver. But the BBC’s 18-Games run will come [...]

  • Andrew Bailey: Muted response to Trump does not bring ‘assurance’

    January 20, 2026

    Bank of England governor Andrew Bailey said the “muted” market response to President Trump’s latest tariff threats did not bring any assurance over global financial stability.  Bailey on Tuesday morning suggested that President Trump’s tariffs on the UK and major European economies would not be a “trigger” for a financial breakdown. During a Treasury Committee [...]

  • Manchester Basketball to rival Man City and United for NBA Europe franchise

    January 20, 2026

    The owners of Manchester’s Super League Basketball team are in talks over a bid, backed by private equity or sovereign wealth, for the city’s planned NBA Europe franchise. President Ben Pierson told Morning Wire that their experience in operating professional teams in Manchester and neutrality to its partisan football scene could be assets in the [...]

  • 2026 could be crisis year for UK’s graduate workforce

    January 20, 2026

    This year could become a graduate abyss for the UK job market if AI skill shortages are not tackled, writes Rod Flavell.

  • Kings Cross spinout district could create 20,000 new jobs

    January 20, 2026

    The innovation district around Kings Cross and Euston has the potential to grow into the UK's version of Kendall Square, writes Geraint Rees.

  • GSK to acquire US biotech group for $2.2bn

    January 20, 2026

    FTSE 100 giant GSK has reached an agreement to acquire US based biotech group Rapt Therapeutics. The deal values the company, which develops therapies for treating people with inflammatory and immunologic diseases, at $2.2bn (£1.6bn), and marks the first major deal for new GSK chief executive Luke Miels, coming just weeks after he took charge [...]

  • FTSE 100 and Wall St sink as EU and Trump war of words heats up

    January 20, 2026

    The war of words between the Trump administration and Europe ramped up on Tuesday as world leaders headed for a showdown in Davos whilst global markets sunk into the red. Ursula Von der Leyen, the president of the European Commission, said the tariffs imposed on European nations due to their staunch defence of Greenland’s sovereignty [...]

  • Basel 3.1: New rules will make UK banking more resilient

    January 20, 2026

    The implementation of Basel rules in the UK, published today,marks a major step forward for the banking sector, writes David Bailey.

  • Peter Kyle: Tariff tension could delay UK-US trade talks

    January 20, 2026

    Donald Trump’s threat to unleash another round of tariffs on UK goods could delay work on the UK-US trade deal’s final stages, according to business secretary Peter Kyle, who branded the latest tensions “lose-lose” for Britain and America’s economies. The minister for business and trade warned the White House’s move to charge a 10 per [...]

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