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Business

  • Stuart Rose steps down as EG Group chair ahead of US IPO

    January 19, 2026

    Stuart Rose has stepped down as chair of EG Group ahead of the forecourt firm’s flotation in New York later this year. The retail industry veteran and Conservative peer has been replaced with immediate effect by Roland Smith, the current chairman of American fast-food chain Jack’s, in the clearest sign yet the company is seeking [...]

  • Donald Trump won’t annex Greenland – this is part of his standard playbook

    January 19, 2026

    Trump has a standard political playbook, and his Greenland threats are right on script, writes ex-US Embassy specialist Michael Martins.

  • US tariffs war could ‘trigger UK recession’ 

    January 19, 2026

    President Trump’s latest tariff package could plunge the UK economy into a recession, top economists have warned, upping the stakes for Keir Starmer as he responds to threats against Greenland.  The US president warned leading European nations, including the UK, he would slap additional 10 per cent tariffs on goods imports if a deal for [...]

  • Starmer calls for ‘calm’ as US tariff war flares up 

    January 19, 2026

    Sir Keir Starmer urged US and EU allies to engage in “calm discussion” in order to stave off a tariff war while re-iterating the UK’s commitment to upholding Greenland’s sovereignty.  President Trump stunned allies by threatening to impose additional 10 per cent tariffs on UK imports from next month due to opposition to his plans [...]

  • Exclusive: Liverpool and Telegraph owner RedBird working on NBA Europe

    January 19, 2026

    Telegraph Media Group owner and Liverpool FC investor RedBird Capital Partners is working with the NBA on its plans to launch a European basketball league, Morning Wire can reveal. RedBird, which also owns Italian football giants AC Milan, is playing a prominent role in wooing potential investors and partners in the venture at an exclusive [...]

  • Big Technologies soars after £39m settlement with former shareholders

    January 19, 2026

    Big Technologies shares soared on Monday after the London-listed tech firm reached a £38.5m settlement following legal action from former shareholders. The shareholders alleged they were unfairly forced to sell down their stakes in the company in 2018 prior to the firm’s IPO. The action triggered an investigation by Big’s board which led to the [...]

  • Trump tariffs: EU ‘has tools at disposal’ to hit back amid Greenland spat

    January 19, 2026

    The European Union has pledged it has the “tools” to hit back at the US after President Trump’s latest trade offensive amid the deepening Greenland crisis. In a daily briefing the European Commission’s deputy chief spokesperson and trade lead, Olof Gill, said “should the threatened tariffs be imposed, the European Union has tools at its disposal [...]

  • IMF: UK economy to lag behind growth of advanced economies

    January 19, 2026

    The UK economy is set to grow at a slower pace than the average across advanced economies in each of the next two years, the International Monetary Fund (IMF) has said, in a warning on the Labour government’s ability competitiveness against world powers.  The IMF has kept its UK growth figures for 2026 and 2027 [...]

  • Hundred: Barclays replaces Tyrrells as London Spirit front-of-shirt sponsor

    January 19, 2026

    Banking giant Barclays has replaced Tyrrells crisps as the front-of-shirt sponsor of Hundred franchise London Spirit as new investors flex their new-found power. The upmarket crisp’s parent firm KP Snacks signed a multi-year deal to sponsor the eight Hundred franchises, using brands such as Hula Hoops and Butterkist to occupy prime advertising real estate. But [...]

  • FTSE 100 Live: Gold soars as Trump’s tariffs threaten trade war

    January 19, 2026

    Good morning and welcome back to the Morning Wire liveblog. It might be a new year but it’s the same issues controlling the global markets. The FTSE 100 closed last week one per cent higher than it started at 10,235.29p. But this came around 24 hours prior to President Donald Trump’s fresh tariff attack on [...]

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