EY’s legal provisions balloon 300 per cent as audit battles mount March 27, 2026 Big Four giant EY has reported a surge of over 300 per cent in its legal provisions, as the firm grapples with the fallout of high-profile audit failures and regulatory crackdowns. According to the firm’s latest results on Companies House, EY didn’t just add a small buffer; it added £188m in new claims-related charges in [...]
Rolls-Royce: FTSE 100 giant’s shares tumble amid market storm March 27, 2026 Shares in City heavyweight Rolls-Royce sank on Friday morning as the firm got wrapped up in the market storm triggered by the ongoing conflict in the Middle East. The FTSE 100 giant’s stock slumped nearly three per cent in mid-morning trading, sending its price crashing to 2026 low of 1,116.77p. Over the last month, the [...]
Anthropic targets October for mega IPO March 27, 2026 AI giant Anthropic is targeting a listing as early as October, placing itself at the centre of what could become one of the most significant tech IPOs in years. The San Francisco-based company, best known for its Claude chatbot, has begun preliminary discussions with leading Wall Street banks including Goldman Sachs, JPMorgan Chase and Morgan [...]
Sadiq Khan to be handed peerage March 27, 2026 Sadiq Khan is poised to be handed a peerage as part of an effort from Keir Starmer to placate one of the loudest Labour party critics of his stuttering administration. According to reports, the London mayor is one of several contenders in line to be elevated to the UK’s second chamber after May’s local elections, [...]
UK ministers to push ahead with ‘capped’ mandation powers after peers backlash March 27, 2026 Ministers are set to go toe-to-toe with the House of Lords over a plan to grant them powers to force pension funds into private assets and UK companies. Government officials said ministers would make concessions to try and get the measure through the upper house, which voted last week to remove a “reserve power” allowing [...]
Ronaldo financial interest secure in $55m wellness brand acquisition March 27, 2026 Football star Cristiano Ronaldo will maintain a financial interest in UK-based supplement business Bioniq despite its sale to wellness giant Herbalife. Portugal striker Ronaldo, who is currently competing for Al-Nassr in the Saudi Pro League, invested in Bioniq in 2024 as the footballer looked to expand his portfolio beyond football and his CR7 empire. But [...]
Just Eat and Autotrader face fake reviews investigation March 27, 2026 Just Eat and Autotrader are among five firms being probed by the competition watchdog as it uses new fake review rules to crack down on businesses. The food delivery firm’s ratings system may have inflated the star ratings of some restaurants and grocers, according to the Competition and Markets Authority (CMA), while the used car [...]
Tesco beats Clubcard copycats to claim loyalty scheme crown March 27, 2026 Tesco’s beloved Clubcard has triumphed against rivals Sainsbury’s and Greggs to be named the country’s most valued loyalty scheme. The supermarket giant’s Clubcard is the UK’s most effective, according to an index by software firm HyperFinity which polled Brits on the value, customer satisfaction and rewards offered by loyalty schemes at more than 50 retailers. [...]
Lloyds Bank forks out compensation after tech glitch hit nearly half a million March 27, 2026 Nearly half a million Lloyds Banking Group mobile app users were hit by the firm’s major tech glitch earlier this month with the bank now dishing out compensation payments to some of those affected. Up to 447,936 customers of Lloyds and group subsidiaries Halifax and Bank of Scotland saw other rogue transactions across their accounts [...]
Retail sales fall as Brits cut back on supermarket spending March 27, 2026 Retail sales fell in February, as low spending in food and household goods stores could not offset the strong performance of online sellers. The quantity of goods bought in February fell by 0.4 per cent, down from the surprise two per cent rise in January, which was revised up from 1.8 per cent, according to [...]