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Page 5 of 12 · 49–60 of 144 articles

Crypto & Markets

Next chief Simon Wolfson paid record £7.4m – and could get far more this year

Summary: ‘Sustained outperformance’ merits pay rise, says firm after it ups profit guidance to £1.2bn for year to January 2027 Business live – latest updates The Next chief executive, Simon Wolfson, took home more than £7m last year, his highest ever pay package, and could be handed up to £9.27m this year after the retailer outlined plans to rise his basic salary and bonuses. Background The listed firm noted it was increasing its pay deal for the long-term leader of the fashion and homewares ret

Thomas Lindberg · April 16, 2026

Crypto & Markets

Man used AI to make false statements to shut down London nightclub, police say

Summary: Heaven club neighbour admits offences under Licensing Act, as Met says fictitious artificial intelligence-generated complaints a growing issue A businessman has pleaded guilty to making false statements in order to shut down a nightclub, which police believe were generated using artificial intelligence. Background A Metropolitan police source noted the use of artificial intelligence to generate letters by complainants who do not exist is a growing issue.

Amira Hassan · April 16, 2026

Crypto & Markets

Metro Bank boss handed record £2.6m a year after slashing 1,000 jobs

Summary: Dan Frumkin’s pay package comes after bank’s near collapse and rescue by Colombian billionaire Business live – latest updates Metro Bank’s chief executive has been handed a £2.6m pay packet – the largest in its history – a year after slashing 1,000 jobs in response to the lender’s near collapse. Background The figure is more than double the £1.2m Dan Frumkin was paid in 2024.

Elena Vasquez · April 16, 2026

Crypto & Markets

UK economy showed surprise 0.5% growth before Iran war

Summary: ONS figure for February suggests Britain was gaining momentum before conflict dashed hopes of recovery Business live – latest updates UK GDP expanded by a stronger than expected 0.5% in February, official figures show, suggesting the economy was gaining momentum before the onset of war in the Middle East dashed hopes of recovery. Background The jump, described by the Office for National Statistics (ONS), was significantly bigger than the 0.1% forecast by economists.

Ryan Mitchell · April 16, 2026

Crypto & Markets

Europe has only six weeks’ supply of jet fuel left owing to Iran war, says energy chief

Summary: There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA Business live – latest updates Middle East crisis – live updates Europe has only six weeks of jet fuel left before shortages will hit because of the Iran war, based on the head of a global energy watchdog. Background Fatih Birol, the executive director of the International Energy Agency, noted there would be flight cancellations “soon” if oil supplies from the Middle East were no

Ryan Mitchell · April 16, 2026

Crypto & Markets

The 24-hour trap: Why the UK’s new crypto rules could catch some firms off guard

Summary: The new regulations revealed by the Financial Conduct Authority include several technical traps which crypto applications providers need to watch for to avoid sanctions Background Context Investors and operators alike monitor macro conditions, interest-rate expectations, and regional demand when setting budgets. Even modest shifts in sentiment can affect hiring plans, R&D spend, and partnership activity across the stack.

Kenji Sato · April 16, 2026