Gatwick expansion cleared for take-off, court rules June 23, 2026 Gatwick Airport moved a step closer to breaking ground on its eagerly anticipated expansion today after a court dismissed a pair of legal challenges brought by local campaigners. In a ruling, High Court judge Mr Justice Mould said the government’s assessment of the project’s environmental and climate impact was “lawful and reasonable” and branded the [...]
10 years on from Brexit, traders shouldn’t forget the power of comms June 23, 2026 A decade on from Brexit, and its Big Short style market swing, traders should remember the importance of comms, writes ex-rates trader Oliver Blower.
Government is set to deal major blow to Big Tech’s moves into sports rights June 23, 2026 The government is set to deal a major blow to Big Tech’s moves into sports rights after launching a consultation on the future of broadcasting. A green paper – an exploratory consultation – was announced by the minister for creative industries, media and arts, Ian Murray, on Tuesday, proposing to prevent streaming platforms such as [...]
Real Madrid commit to EuroLeague basketball amid NBA interest after €3bn proposal June 23, 2026 EuroLeague basketball chiefs have secured a renewed commitment from Real Madrid in the face of rival interest from the NBA after wooing teams with a €3bn package. Real Madrid are understood to have signed a new 10-year deal with EuroLeague in a move that is set to be rubber-stamped later this week. It comes just [...]
Frasers bid for Hugo Boss ‘more compelling’ amid turnaround June 23, 2026 The €2bn bid for Hugo Boss launched by Mike Ashley’s Frasers Group has become “more compelling” as the German fashion house’s near-term outlook softens, analysts have said. The takeover offer, tabled by the FTSE 250 firm earlier this month, proposed to exchange €38 per share for the equity in Hugo Boss it does not already [...]
Starling names HSBC veteran as chair in boardroom shake-up on road to IPO June 23, 2026 Starling has appointed the former top boss of HSBC Bank as its new chair as the digital challenger shakes up its boardroom on the road to its long-awaited IPO. The UK fintech named Colin Bell – who has served as a non-executive director at Starling since November 2025 – as chairman of its board ahead [...]
Warning lights: UK services suffer worst shock since January 2023 June 23, 2026 Business activity across the UK economy is at a 14-month low, research has suggested, as growth has taken a toll from Labour’s political woes and the impact of the continued trade disruption. The initial estimate for S&P Global’s purchasing managers’ index (PMI) dropped to a score of 49.4 in June, falling further below the neutral [...]
Royal Mail boss pay soars to £7m despite profit slip June 23, 2026 The boss of Royal Mail’s owner has seen his pay packet almost triple to £7m in the same year that profit at the firm fell by almost a fifth. Martin Seidenberg, chief executive of International Distribution Services (IDS), saw his total pay packet jump from £2.1m last year to £6.9m in the year to March. [...]
Brexit 10 years on: Business does not want a referendum rerun, says CBI chief June 23, 2026 British businesses are focused on the future and do not want a rerun of the Brexit referendum, the leader of the UK’s largest business lobby group has warned. Speaking to the FT, CBI director-general Rain Newton-Smith, on the tenth anniversary of the referendum, stated that despite the economic pain of leaving the EU, businesses don’t [...]
Easyjet investors call for £600m more from US bidder June 23, 2026 Easyjet investors have said they are holding out for at least £600m more from Castlelake, the US private equity firm whose bids have been brushed off by the budget airline. Shareholders in the FTSE 250 firm said that they would not consider a takeover offer unless the offer reached at least £7 per share, valuing [...]