‘Great shame’: Berkeley challenges blocked Peckham development June 26, 2026 Berkeley has launched a bid to push through its 850-home development at a “run down” Peckham shopping centre, slamming the council for its “spectacular failure” to meet housing targets. The FTSE 250 housebuilder has applied for a judicial review of the planning inspectorate’s decision to block the plans, which it says wrongly put heritage concerns [...]
Wise profit slides as costs racks up from US listing June 26, 2026 Money transfer firm Wise saw its profit fall in its latest financial year as costs related to its new primary listing on Wall Street helped take a chunk out of the company’s bottom line. The UK fintech’s profit before tax slid eight per cent to $660m (£500m) – down from $717.5m – in its first [...]
Meta’s prediction markets app to prompt scrutiny from British regulators June 26, 2026 Meta’s reported plans to launch a standalone prediction market app could face regulatory hurdles in Britain, where rival US platforms have already struggled to gain access to one of the world’s largest betting markets. The New York Times reported on Wednesday that the Facebook owner is internally developing Arena, a new experimental prediction market product [...]
As it happened: Stocks tumble after Apple rattles global markets; UK food exports hit by US tariffs June 26, 2026 Welcome back to the Morning Wire liveblog. Markets are digesting fresh inflationary fears driven by Apple’s price hike as well as renewed threats over the safety of the Strait of Hormuz this morning after a projectile struck a vessel off the coast of Oman. Asian equity markets took a tumble overnight as price increases announced [...]
Women’s rugby in England is way ahead, and the RFU deserves credit June 26, 2026 In a phrase many thought a rugby fan would never utter: The RFU, the governing body of the sport in England, is doing a world-leading job. Hold the front page, it surely cannot be true given recent controversies surrounding bonuses and the structure of the men’s game below Prem Rugby. But it is true. But [...]
From stamp duty to the triple lock, Andy Haldane says bold Burnham leadership can usher ‘vibe change’ for UK economy June 26, 2026 Andy Haldane is pressing for a radical shake-up of the UK’s tax and wider economic systems as he heaped praise on the Prime Minister-to-be Andy Burnham for having the potential to bring a “change in vibe” across Britain. Haldane, who is advising Burnham on economic policies and growth, urged the country’s next leader to be [...]
Could Burnham be the answer to free-to-air sport for all? June 25, 2026 With Andy Burnham set to be the next Prime Minister, Alan Sendorek assesses how his approach to broadcasting sport may differ from Sir Keir Starmer’s. Sir Keir Starmer – the country’s most powerful Arsenal fan – last month joined the Football Supporters Association in calling on TNT Sports to make the Champions League final available [...]
Two solicitors linked to Post Office scandal charged with misconduct June 25, 2026 Two solicitors have been charged with alleged misconduct in relation to the Horizon IT scandal and have been referred to The Solicitors Disciplinary Tribunal. The Solicitors Regulation Authority (SRA), the legal regulator for English and Welsh solicitors, said it is taking action against Jane MacLeod, the former Post Office general counsel from 2015 to 2019, [...]
Ares Management flagship private credit fund slammed with withdrawal requests June 25, 2026 Ares Management was plagued by investors attempting to pull out over $1.5bn from one its flagship private credit funds in the second financial quarter, as wealthy individuals continue to flee the asset class. The firm’s Ares Strategic Income fund, which holds roughly $11bn (£8.3bn), said it has received redemption requests worth 14.4 per cent of [...]
Yokohama F Marinos: City Football Group offloads second club in space of six months June 25, 2026 City Football Group, owner of 10 football clubs including Manchester City, has divested its minority stake in Japanese side Yokohama F Marinos to carmaker Nissan. The J1 League outfit will remain a CFG partner club but is now wholly owned by Nissan, who founded them as a works team in the 1970s. It comes six [...]