Skip to content
Saturday 8 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Thursday 26 March 2026 2:40 pm  |  Updated:  Tuesday 31 March 2026 4:41 pm

The Capitalist: RAC is not a roadside assistance firm

By: The Capitalist

Add as a preferred source on Google
RAC logo prominently displayed on a modern office building facade under a clear blue sky
RAC nearly floated on the London Stock Exchange a decade ago

Breakdown…in comms

The Capitalist was shocked this week after being approached by a spokesperson for RAC, telling Morning Wire off for referring to the company as a roadside assistance firm in a recent story.

RAC is not, in fact, a roadside assistance firm, said the spokesperson, who was from PR company Brunswick.

Which is funny, because The Capitalist distinctly recalls a recent car breakdown and a concomitant visit from a van emblazoned with the letters ‘R’, ‘A’ and ‘C’, in that order, which pulled up by the side of the road and offered assistance.

As it turns out, RAC is in fact a “driving services firm” – roadside assistance is just one of its many “verticals”. This news left The Capitalist feeling horizontal: how many other descriptions might Morning Wire have got wrong? It transpires that:

  • Wetherspoons is not a pub but a decentralised community hydration network;
  • Greggs is not a baker but an artisanal ambient pastry experience hub; and
  • Lovehoney is a human sensory optimisation solutions provider.

You learn something new every day.

Prince Harry’s mate brings jeopardy to City

Prince Harry’s former Eton College pal Charlie Gilkes is pitting corporates against one another with his latest Square Mile venture. He’s bringing Victorian-themed games to his Liverpool Street watering hole.

His Mr Fogg’s City Tavern in Broadgate Circle, near Liverpool Street, is launching a “Victorian-ised” set of games to play in their bars, taking inspiration from darts, bagatelle, mini golf and beer pong. The Capitalist isn’t sure how the Victorians could have “taken inspiration” from the 21st century, but perhaps we’re thinking a little too much about this.

Giles said that, true to their Victorian branding, “the experience is deliberately analogue rather than digital. There’s something wonderfully simplistic about marking your own score on a chalkboard.”

Read more

‘In fine fettle’: Pall Mall’s RAC waiting list grows as posh club toasts profit boost

Royal Automobile Club in London showcasing its historic architecture and luxurious ambiance, catering to elite members.

It follows the explosion of the new sector of ‘competitive socialising’ across the capital. Darts and shuffleboard bars are now passe, with the likes of contemporary bowls clubs and refreshed takes on beachfront arcades popping up across the City.

It is now a common Thirsty Thursday sight to see drunk businesspeople carry powder pink Fairgame teddy bears – a sign of a strong team player – around the St Paul’s area, their shirt having changed colour after sweating over hook-a-duck.

Swan bothering

Global trade advocate and Square Mile entrepreneur Farah London is one of the Londoners leading the charge in protesting against the removal of a swan’s nest in South Dock, Canary Wharf. She claims nesting is underway and its removal would be damaging.

Admirably, and exposing her business mind, to get things going she has “copied in His Majesty [the King]” to her press release to help it gain wider attention.

The Canal & River Trust said to be removing the nest didn’t immediately respond to us.

Reform civil war

In-fighting has begun at Reform, where one of the Old Guard is taking issue with a new Tory blow-in. “What Reform should do is stop taking Tory wets like you,” Reform candidate Matt Goodwin wrote on X.

He was responding to former Tory activist, now Reform supporter Tim Montgomerie’s call for Goodwin’s book to be investigated after he was accused of using AI to help write it. “All you do is criticise Reform and our campaigns,” Goodwin carried on, adding: “I have no idea why you are even in Reform unless it is to try and weaken it?” 


Read more

The former African gold miner taking on the billionaire Issa brothers

Screenshot showing July 2026 news article layout with no specific categories or tags on a general news/business website

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Opinion

People & Organisations

  • Prince Harry
  • RAC
  • The Capitalist

Trending Articles

  • WPP slashes jobs as revenue continues to fall

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • Starling plans to ‘come out swinging’ in diversification bid

  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

More from Morning Wire

  • ‘In fine fettle’: Pall Mall’s RAC waiting list grows as posh club toasts profit boost

    Motoring
    Royal Automobile Club in London showcasing its historic architecture and luxurious ambiance, catering to elite members.
  • The former African gold miner taking on the billionaire Issa brothers

    Markets
    Screenshot showing July 2026 news article layout with no specific categories or tags on a general news/business website
  • Kemi Badenoch: AI firms ‘won’t come here’ if Britain overregulates

    Tech
    Kemi Badenoch discussing strategies for a stronger economy at a business conference podium, emphasizing economic growth
  • The Capitalist: Colonel Carns hosts delulu dinner for leadership bid

    Opinion
    Al Carns smiling during a business meeting, wearing a suit, seated at a conference table with documents and a laptop visible
  • The Capitalist: A Reeves speech or swan song? Dispatch from Mansion House

    Opinion
    Rachel Reeves delivering a speech at Mansion House, addressing economic policies and future plans in a formal setting.
  • Monitoring the situation: HSBC to add 46 CCTV cameras with ‘face detection’ outside new City HQ

    Banking
    Multiple CCTV security cameras in light blue and white against a green background, emphasizing surveillance and monitoring.
  • Inside the untapped commercial potential of the Tour de France

    Sport Business
    Cycling fans, some in green Feel Slovenia shirts, cheer cyclists with Slovenian flags.
  • Oil price falls but Trump and Iran clash on negotiations claim

    Markets
    Donald Trump smiling in a blue suit and tie with an American flag pin, US flag in background
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook