Santander's UK Profit Lags as US Deal Sealed
Santander reports record €20.9bn global profit for 2025, but UK operations are hampered by a £295m motor finance provision. The bank also announces a $12.2bn acquisition of Webster Financial in the US.
Category : Business
AI Fears Trigger Global Software Stock Selloff
Software and data company stocks plummet worldwide following Anthropic's AI legal tool launch, with Relx, Pearson, and Tata Consultancy among major casualties.
EDF Back-Billing: Rules on Old Energy Charges
A reader faced a £250 bill from EDF for gas used two years ago. We explore the Ofgem back-billing rules and what to do if you receive an unexpected charge.
Zurich Acquires Beazley in Insurance Merger
Zurich Insurance Group has agreed to acquire Lloyd's underwriter Beazley in a landmark specialty insurance merger valued at a significant premium.
Valentine's Day Deals: Spa Days, Breaks & Dinners from £40
Discover the best Valentine's Day deals for 2026, including spa days, romantic hotel stays, and dining experiences starting from just £40. Perfect gifts for your partner.
Fairphone 6: Cheaper, Repairable Android Review
The Fairphone 6 offers a cheaper, more repairable, and longer-lasting Android experience, challenging industry norms with sustainable design.
Sisterhood Breaks in Carmarthenshire: Craft and Wellbeing
Discover the new Sisterhood breaks in Carmarthenshire, Wales, where women swap prosecco weekends for pottery, jewellery-making, and coastal walks, embracing Welsh culture and community.
Accountant Blames Romance Scam for £400k Fraud
Tony Stitt, 78, stole £400k from a professor's will meant for charity, blaming a South Asian romance fraud. He avoided jail due to health issues.
FTSE 100 Flat After AI Tool Rattles Markets
London's FTSE 100 is set for a flat opening after European stocks fell sharply following Anthropic's new legal AI tool that targeted key sectors.
DVSA Sets New Learner Driver Test Booking Rules for 2026
The Driver and Vehicle Standards Agency announces new booking restrictions for driving tests starting March 31, 2026, limiting changes to appointments to improve the booking system.
UBS Investment Bank Profit Jumps 34% Despite Deal Decline
UBS's investment banking division reported a 34% increase in quarterly profit, driven by strong trading and wealth management, even as global deal-making activity declined.
UK Businesses Adopt Year-to-Year Planning Amid Political Flux
A new survey reveals nearly 80% of British employers can only plan workforce strategies 12 months ahead due to political shifts, regulatory changes, and rising employment costs.
UK Growth Slumps: Business Secretary Questions 1% Figure
Business Secretary Peter Kyle questions why UK growth lags behind China and US as new forecasts predict continued economic stagnation through 2028.
Superstar Economics: AI and Creative Inequality
Paul Ormerod argues that AI's threat to creative jobs misses a deeper truth: the arts have always been unequal, driven by market forces, not just technology.
Liverpool Street Tower Recommended for Approval
Planning officers recommend approval for Network Rail's controversial 19-storey office tower above Liverpool Street Station, despite over 2,000 objections from heritage groups and residents.
Ground Rent Cap Risks Leaseholder Costs and Safety
The proposed cap on ground rents in the Commonhold and Leasehold Reform Bill may deter property investment and hinder building safety remediation efforts, warns industry expert.
Chase Enters UK Insurance Market with Protect Bundle
JP Morgan's consumer arm Chase introduces Chase Protect, a bundled insurance offering for UK customers, marking a strategic expansion into the embedded insurance market.
Betting on Catastrophe: Prediction Markets Rise
Prediction markets let users bet on everything from sports to world events like US attacks. Saahil Desai explains their growth and media concerns.
Starling Investor Withdraws London IPO Support
Harald McPike, Starling's top investor, has withdrawn support for a London IPO due to regulatory frustrations, potentially pushing the fintech toward a New York listing instead.
GTA 6 Trailer 3 Release Speculation and Gaming Industry Insights
The latest Games Inbox discusses when GTA 6 Trailer 3 might drop, Nintendo's Switch success, the closure of GAME stores, and Obsidian's future with Fallout.
Suda51's 'Ad-Lib Development' Secrets Revealed
Goichi Suda discusses his improvisational game development approach, the challenges of modern game creation, and potential future UK settings in an exclusive interview about Romeo Is A Deadman.
Investment Association Calls for Stewardship Rethink
The Investment Association proposes a major overhaul of stewardship practices to enhance London's financial competitiveness and attract global investment.
Revolut Ramps Up Legal Hiring Amid Expansion Drive
Digital banking giant Revolut is significantly expanding its legal department, hiring over 20 new lawyers globally to navigate regulatory challenges and support its aggressive international growth strategy.
Baird Targets European M&A Market After Hiring Spree
Baird, the US investment bank, is aggressively targeting the European mergers and acquisitions market following a significant hiring spree, aiming to capitalise on cross-border deal opportunities.
Women at Higher Risk from AI Job Losses in Tech and Finance
A City of London Corporation report reveals women in tech and finance face greater AI job displacement risks, with rigid hiring processes sidelining mid-career females and thousands of clerical roles at stake.
UK Economic Optimism Drops as Pessimism Rises
A new poll reveals declining confidence in Britain's economic prospects, with over half of voters expecting deterioration amid ongoing cost of living pressures.
Graduate Hiring Costs Up 7% After Tax Changes
New analysis reveals Chancellor Rachel Reeves' national insurance hikes and living wage increases have raised graduate hiring costs by 7%, impacting labour market dynamics and economic growth forecasts.
Albanese Sells Defence Sites for Housing
The Australian government plans to sell $3bn worth of historic defence sites to free up space for new homes, addressing housing shortages.
Epstein's Silicon Valley Links Exposed in Emails
Newly released emails show Jeffrey Epstein maintained connections with tech billionaires like Elon Musk and Jeff Bezos years after his prison release for sex offenses, attending exclusive dinners.
Odey Hedge Fund Ignored HR Law, Claims Report
Crispin Odey, founder of Odey Asset Management, reportedly told his executive committee that human resources law did not matter at his hedge fund, sparking controversy and scrutiny over workplace practices.
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