Ealing stalls on Voi contract as ‘sensitive discussions’ threaten West London e-bike network July 1, 2026 Ealing Council has held back from signing a fresh e-bike agreement with operator Voi, Morning Wire understands, stalling its upcoming operating period as backroom negotiations expose growing regulatory divide on London’s high streets. Town hall chiefs have admitted that negotiations have hit a deadlock, revealing they are mired in non-disclosure talks ahead of a looming [...]
Stockpiling helps manufacturing sector power through Iran war blows July 1, 2026 The manufacturing sector has powered through the turmoil brought by the Iran war as output grew at the fastest pace in 21 months, according to a business survey. S&P Global researchers said that output growth accelerated as firms rushed to stockpile goods ahead of further expected trade turmoil in the Middle East. The overall purchasing [...]
Why I’ve fallen back in love with the iPod July 1, 2026 In a world where digital ownership is increasingly rare, Simon Hunt returned to technology from 2007 – and hasn’t looked back. Not since childhood had I been this excited to open a parcel. I tore through layers of brown sticky tape, clawed through the cardboard box and unpeeled the bubble wrap. And there it was: [...]
Winners and losers: Billionaires boom but Brits suffer largest fall in wealth since pandemic July 1, 2026 The artificial intelligence boom fuelled a 13 per cent surge in global billionaire wealth last year, according to a fresh study which also found the UK has suffered the biggest fall in overall wealth levels of any developed nation since the pandemic. According to the UBS temperature check of high-net-worth individuals, nearly 400 billionaires were [...]
Nations Championship: Monzo makes first move into rugby, with Allianz and ITV July 1, 2026 Monzo have broadened its sponsorship portfolio, joining Allianz in sponsoring ITV’s coverage of rugby union’s Nations Championship competition. The challenger bank and insurance giant have each signed deals with the free-to-air broadcaster to be part of the channel’s coverage of the inaugural inter-hemispheric tournament. It is Monzo’s first step into rugby union and comes after [...]
UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle July 1, 2026 Hedge fund Bluecrest Capital Management, founded by the UK’s wealthiest financier, said the UK is no longer “a serious contender” as a place to do business after it lost a £200m battle with the tax man, in a ruling that could now leave the wider hedge fund and professional services industries facing a hefty bill. The [...]
German FA HQ raided by police in bribery probe days after shock World Cup exit July 1, 2026 Police have carried out a major raid on the headquarters of Germany’s football federation, the DFB, in a probe into suspected bribery relating to Euro 2024. The raid on Wednesday morning – 36 hours after the men’s national team suffered a shock elimination from the current World Cup by Paraguay – involved more than 150 [...]
Natwest hit with £250m lawsuit tied to Thurrock Council scandal July 1, 2026 Natwest could be on the hook for more than a quarter of a billion pounds for allegedly aiding a businessman in secretly transferring funds from his investment firm. The FTSE 100 giant’s subsidiary – the Royal Bank of Scotland – has been engulfed in the collapse of Rockfire Group, which was triggered by a fraud [...]
House prices stay flat in June as Iran war fallout continues to weaken the market July 1, 2026 UK house prices were flat in June as the conflict in the Middle East and looming political uncertainty continue to subdue consumer confidence. The average price fell £540 in June, hitting £277,484. This was a slight drop from £278,024 the prior month where prices fell 0.6 per cent, according to the latest Nationwide house price [...]
FTSE 100 giant ABF shares slide as it braces for £60m sugar crash after Iran war July 1, 2026 FTSE 100 giant Associated British Foods has issued a major warning on the state of its sugar businesses over “the duration and severity of the Middle East conflict”. The multinational conglomerate – which spans across the food and retail industry – said it expects its sugar operation to deliver a loss of as much as [...]