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Business

  • Stockbroker boom down under boosts CMC Markets share price

    June 4, 2026

    CMC Markets shares rocketed in early trading after a rise in stockbroking activity in Australia coupled with its expanding institutional business partnerships boosted profits. Shares soared 12.7 per cent to 415p, with shares up 37.1 per cent since the start of the year. The trading platform operator recorded a 20 per cent hike in profit [...]

  • Gold prices glitter amid geopolitical uncertainty

    June 4, 2026

    Gold saw a significant price rally over the course of 2025, after geopolitical uncertainty and heightened central bank buying drove more people to the safe haven asset. Gold prices rallied 44 per cent last year, reaching $4,550 per ounce in December and recording 56 fresh record highs according to the latest report from Metals Focus. [...]

  • Mishcon de Reya to roll out new ‘bonus boost’ for associates

    June 4, 2026

    City law firm Mishcon de Reya is offering its staff a ‘bonus boost’ for working additional hours to remain competitive in the legal pay race, Morning Wire understands.  The law firm has added a new ‘bonus boost’ to its pay structure, which will take effect in July 2027, for lawyers who record hours significantly above [...]

  • Fifa boss Infantino pips PSG chief Al-Khelaifi in Morning Wire Football Power List

    June 4, 2026

    Fifa president Gianni Infantino has topped the inaugural Morning Wire Football Power List, a week before the biggest ever men’s World Cup is due to kick off. The ranking, compiled with a 16-strong panel of expert judges drawn from across the sports industry, is designed to be a snapshot of who controls the most popular [...]

  • Working Brits are struggling to keep up with AI

    June 4, 2026

    Britain’s workforce is showing signs of AI fatigue just as politicians and business leaders demand faster adoption of the technology. New research from Henley Business School found 61 per cent of workers feel overwhelmed by the pace of AI change in the workplace, while nearly two-thirds of AI users admit they sometimes choose not to [...]

  • Morning Wire Football Power List shows that systems, not individuals, control sport

    June 4, 2026

    Ed Warner, one of the judges for the Morning Wire Football Power List, gives his take on what the rankings reveal about the game. Here’s your gentle starter for 10: who’s the most powerful man in world football? Easy, right? Gianni Infantino. But who are the 24 people you’d rank immediately behind Fifa’s president?  I’ve [...]

  • As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace

    June 4, 2026

    Good morning and welcome back to the Morning Wire liveblog. Donald Trump has hinted a peace deal in the Middle East could come as soon as “over the weekend” in the latest back-and-forth of negotiations between the US and Iran. The President yesterday doubled down once more on his claim that Iran is set to [...]

  • Millions left unclaimed as public awareness gap exposes flaws in class actions

    June 4, 2026

    While class actions are on the rise, limited public awareness means millions in settlement funds go unclaimed, highlighting the scepticism over who truly benefits from these legal actions, writes Maria Ward-Brennan. Despite the surge in class actions in the London High Court over the last number of years, there remains a large knowledge gap among [...]

  • In 23 months Labour has dragged the UK economy to its knees

    June 4, 2026

    Reading our interview with billionaire John Caudwell, in which he says he was “misled” by Labour’s pitch for power, I’m reminded of just how unambiguous Keir Starmer and Rachel Reeves were in the run-up to the 2024 election. They promised to be “the most pro-business government this country has ever seen.” Some of us were [...]

  • Professional services firms’ future hinges on private equity, Kroll chief says

    June 4, 2026

    Private equity has been rewiring the professional services industry over the last few years, and with the sector undergoing enormous disruption from AI, stagnant growth, and a highly competitive market, PE investment is increasingly becoming a lifeline for firms to stay afloat. According to Jacob Silverman, chief executive of advisory and consultancy firm Kroll, private [...]

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