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Business

  • CBI: 200,000 more Brits to face unemployment this year as growth crumbles

    June 9, 2026

    The UK economy is set for further pain in the months ahead, a top business group has warned, as consumers and businesses across the country suffer the effects of the Iran conflict, surging energy prices and a raft of government tax hikes. The Confederation of British Industry (CBI) has said that around 200,000 more Brits [...]

  • Heatwave boost for retailers as Brits snapped up BBQs and fans

    June 9, 2026

    The late-May heatwave offered a much-needed boost for retailers as the hot weather prompted red-hot spending on barbecues, fans and sandals. Retail sales in the UK jumped by 3.7 per cent year on year in May, soaring above the full-year average of two per cent, according to the British Retail Consortium (BRC). Many Brits opted [...]

  • Debt-saddled grads ‘risk earning less than minimum wage’ five years after leaving uni

    June 8, 2026

    For nearly half of all university courses, those in the bottom quarter of the cohort end up earning less than minimum wage five years on from graduating, according to a new report on the outcomes crisis in higher education.  The think tank Policy Exchange has found that rampant grade inflation and an explosion in university [...]

  • London City Airport faces opposition over bigger planes plan

    June 8, 2026

    Opposition to plans to allow bigger jets to use City Airport is taking off among London politicians who work right under the flightpath into the Docklands hub. The London Assembly’s environment committee has raised questions over aircraft such as the Airbus A320neo being used to boost capacity at the capital’s smallest and most central aviation [...]

  • Where can I watch the Fifa World Cup from in London?

    June 8, 2026

    Book your tables and pre-order those booze towers because the World Cup is here – for more than a month – and Morning Wire has you covered. Here are the sport desk’s top nine non-traditional spots to enjoy the footie from. Brigadiers The City staple is an ideal place for those early 8pm kick-offs. Its [...]

  • England World Cup fans invited to ‘soccer Coachella’ with free fan fest and cheap beer

    June 8, 2026

    The cost of attending the 2026 World Cup is already notorious, but Philadelphia believes it has the solution for budget-conscious England fans heading to the United States. The city raised $60m in private funding which, along with state and federal contributions, will subsidise what the city is billing as “a soccer Coachella” – the only [...]

  • FCA seeks injunction against Neil Woodford over ‘unauthorised’ investment advice

    June 8, 2026

    The financial watchdog has launched civil proceedings against former star fund manager Neil Woodford and his comeback venture over allegedly providing unauthorised investment advice. The Financial Conduct Authority (FCA) has started civil proceedings against Woodford and W Four Point Zero FZE, which trades as W4.0. The FCA alleges that Woodford and W4.0, which is registered [...]

  • London Stock Exchange boss accuses FCA of ‘playing fast and loose’ as she warns government may have to ‘step in’

    June 8, 2026

    The boss of the London Stock Exchange has taken aim at the financial watchdog over its plans to introduce greater market transparency in signs of a major fallout between the two City institutions. Julia Hoggett, chief executive of the exchange, has accused the Financial Conduct Authority (FCA) of “playing fast and loose” with the market, [...]

  • London Tech Week day one: AI talk has come back down to earth

    June 8, 2026

    AI conversations are no longer about possibility, but infrastructure, writes Russ Shaw in day one of his London Tech Week diary.

  • ‘We’ve got lots of things going for us America doesn’t’: Sadiq Khan on competing with Silicon Valley

    June 8, 2026

    Sadiq Khan has claimed that shifting political dynamics in the US are actively driving tech talent and venture capital to the UK, arguing that London possesses structural and cultural advantages that “America doesn’t” as he seeks to position the capital against Silicon Valley. The Mayor of London announced a new £12m investment programme on Monday [...]

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