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Business

  • Tickets for England World Cup quarter vs Norway on sale for $8m

    July 6, 2026

    Tickets for England’s Fifa World Cup quarter-final are on sale for $8m as fans look to snap up a spot for the last eight tie in Miami. England posted one of their greatest ever World Cup victories on Monday, beating Mexico 3-2 at the Azteca Stadium in the co-host’s capital. And they’ve been rewarded with [...]

  • Construction sector cuts jobs again as house building slumps

    July 6, 2026

    The construction industry shed jobs for the 18th consecutive month in June following “sharp declines” in house building and a slowdown in new home sales. The latest S&P Global Purchasing Manager’s Index (PMI) for the construction sector showed more cutbacks to employment with another period of “sustained job shedding”. Subcontractors were also hit by the [...]

  • Ocado founder Steiner set to quit as boss after board coup

    July 6, 2026

    Ocado chief executive Tim Steiner will quit the business he founded as part of a replacement plan masterminded by chairman Adam Warby. The FTSE 250 firm, which offers online shopping and warehouse automation services, said on Monday that Steiner will depart at the start of its 2028 financial year. Ocado’s share price fell nearly five [...]

  • Sky buys ITV broadcasting arm in £1.6bn deal

    July 6, 2026

    Sky has confirmed it will take over ITV’s broadcasting arm for £1.6bn, in a move the media giant says will safeguard its role as a public service broadcaster. The US-owned broadcaster said on Monday it will pay £1.6bn in total for ITV Media and Entertainment, which include its free-to-air TV channels in the UK and [...]

  • As it happened: Stocks slide despite tech and data boost; Oil falls after OPEC+ ups output

    July 6, 2026

    Welcome back to the Morning Wire liveblog. Markets are dealing with a double dose of pressures to start of the new week as investors brace for a crucial earnings season in the artificial sector, whilst an increase of supply on the oil market weighs on prices. Over in Asia, stock markets slipped following a week [...]

  • ‘Number 10 North’ is no more than a gimmick

    July 6, 2026

    Number 10 North has been designed to attract headlines without having been put under any real scrutiny, writes Eliot Wilson.

  • UK investors turn to bonds as equities valuations continue to stretch

    July 6, 2026

    UK investors piled into bonds in June, as soaring valuations in equity markets has left many investors looking to avoid heightened risk and stretched value. Bond funds attracted over £1bn of net inflows last month, making it third-strongest on record for fixed income funds, according to the latest data from Calastone. The streak came as [...]

  • Burnham’s high street tax plan carries £880m price tag

    July 6, 2026

    Andy Burnham’s plans to overhaul business rates in favour of Britain’s high streets could cost around £880m a year, according to new analysis, as questions mount over how the Labour leadership frontrunner would pay for one of his first major tax reforms. Forecasts by global tax firm Ryan suggest Burnham’s proposal to expand Small Business [...]

  • Easyjet board reaches agreement over £5.2bn Castlelake takeover

    July 5, 2026

    The board of Easyjet is poised to accept a takeover bid by private equity firm Castlelake, in a move that could add the airline to a growing list of blue-chip companies that have unveiled plans to quit the London Stock Exchange since the start of the year. The offer of £6.90 per share, the fifth [...]

  • HMRC claws back £1m cutting ties with outside tech suppliers

    July 5, 2026

    HMRC has cut contractor costs by £1m a year after replacing a decades-old outsourcing model, as ministers face pressure to find £14bn of efficiency savings across Whitehall. Whitehall risks missing Labour’s £14bn efficiency savings target unless departments stop repeatedly buying the same digital expertise from outside suppliers, according to a British technology consultancy working across [...]

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