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Business

  • London Tech Week day four: Tech still cares about diversity

    June 11, 2026

    Who gets to help shape the future? In London's tech sector, we know diversity is still our greatest strength, writes Russ Shaw from day four of London Tech Week.

  • As it happened: Starmer dealt defence blow as investors react

    June 11, 2026

    This was the Morning Wire liveblog on Thursday 11 June. John Healey resigned as defence secretary over a lack of funding for the armed forces, heaping pressure on Sir Keir Starmer. Industry officials reacted with regret and paid tribute to Healey. The FTSE 100 also climbed on Thursday to defy fresh tensions between Iran and [...]

  • Oil prices rise as Trump warns of ‘very hard’ strikes against Iran

    June 11, 2026

    President Trump has escalated his threats against the Iranian regime, announcing on social media that the US will hit Iran “very hard” tonight if a peace deal cannot be reached.  In a post on his Truth Social platform, the US President suggested that American forces could take Kharg Island, a crucial oil export artery for [...]

  • World Cup: Third of fan visas from non-European countries are being rejected

    June 11, 2026

    A third of World Cup fan visas from non-European countries are being rejected with Iran and Senegal hit the hardest, research has found. The United States, which is hosting 78 of the World Cup’s 104 matches, has refused 74 per cent of visas from Senegalese applicants and 61 per cent of Iranian submissions. These are [...]

  • Burnham rows back on £10bn Waspi women offer

    June 11, 2026

    Andy Burnham has rowed back on an apparent offer to consider a £10.5bn payout for Waspi women, a group of female pensioners who argue that they were not told about a rise in the state pension age.  Burnham had told activists that he would “stick by the Waspi women – Women Against State Pension Inequality [...]

  • BT boss bags pay rise despite £3.7bn cost-cutting drive

    June 11, 2026

    BT chief executive Allison Kirkby received a £5.6m pay package last year, more than double the £2.5m she earned a year earlier, as the telecoms giant accelerated a sweeping cost-cutting programme designed to strip billions from the business. According to the FTSE 100 group’s annual report, Kirkby was paid £5.58m for the year to 31 [...]

  • Wimbledon hikes prize money but refuses to bow to tennis stars’ demands

    June 11, 2026

    Wimbledon chiefs have announced a bumper increase in prize money for this year’s championships – but rejected calls from top tennis players for a percentage of revenue. The prize total pot for Wimbledon, which starts later this month, has been boosted by 20 per cent year-on-year to a record £64.2m. It follows pressure from the [...]

  • Kane and Rice sign wearable tech deals ahead of World Cup

    June 11, 2026

    England football stars Harry Kane and Declan Rice will wear smart rings during the World Cup after signing long-term deals with Oura. The smart ring, which helps with sleep and recovery, will be worn by the Three Lions captain and the Arsenal stalwart. The pair join an Oura roster, headquartered in San Francisco, that includes [...]

  • Truth bomb: Defence secretary John Healey resigns over funding battles

    June 11, 2026

    John Healey has resigned as defence secretary after months of tension with Sir Keir Starmer over funding for an uplift in spending on the armed forces. In a letter to the Prime Minister, Healey said the government’s draft for the Defence Investment Plan (DIP) “falls well short of what is required for defence and the [...]

  • Hugo Boss shares soar as Mike Ashley’s Frasers circles

    June 11, 2026

    Hugo Boss shares have jumped following a €2bn takeover approach from Frasers, sending its share price above the offer tabled by Mike Ashley’s group. The German luxury brand said it is reviewing the “unsolicited” takeover attempt, which would offer €38 per share, totalling about €1.98bn and valuing the fashion house at €2.7bn. But the takeover [...]

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