Industry chiefs slam packaging tax that could push food prices higher May 24, 2026 Industry bosses have hit out at the government and warned that food prices will rise by more than necessary as the packaging tax is set to be introduced. The government had been scrambling to find ways to limit a price surge in the coming months, with Chancellor Rachel Reeves setting out incentives for families to [...]
Iran deal is ‘largely negotiated’ as Trump teases Strait of Hormuz re-opening May 24, 2026 President Trump has said that a peace deal with Iran is “near” as the Strait of Hormuz could re-open within days. On Saturday, Trump said the key trading route would be re-opened in the terms of a deal to be “announced shortly”. He wrote on a social media post: “Final aspects and details of the [...]
The season finale economy: Why we undervalue the Premier League May 24, 2026 With one round of Premier League fixtures remaining, the season finale is not approaching, it is here. Title races (usually) tighten, relegation battles become existential, and the casual viewer becomes a committed one. For fans, it is the most emotionally charged period of the year. For brands, it should be one of the most valuable [...]
Superdrug owner eyes up London float in $30bn dual listing May 23, 2026 The owner of Superdrug is eyeing up a blockbuster London float as part of a $30bn dual listing later this year. AS Watson, which owns the health and beauty retailer, plans to raise about $2bn by listing its shares in both London and Hong Kong before the end of 2026. The Superdrug owner would join [...]
Brewdog founder James Watt launches ‘equity punk’ comeback May 23, 2026 Brewdog founder James Watt has launched a comeback after the craft beer firm he co-founded collapsed earlier this year. Watt said on Friday he will launch Second Best, a new crowdfunded beer venture, in a bid to win back the “equity punks” who were left empty handed in Brewdog’s sale. The divisive entrepreneur said he [...]
‘Economic catastrophe’: Social media and welfare state ‘to blame’ for youth unemployment May 23, 2026 Social media and the welfare state are pushing Britain towards an “economic catastrophe” over youth unemployment, a landmark government review has found. Smartphones have “rewired” the brains of young adults and left them trapped in unemployment, former health secretary Alan Milburn has found in an official report commissioned by Sir Keir Starmer. Labour ordered the [...]
EU rejected UK push for single market on goods May 23, 2026 The EU rejected a UK proposal to set up a single market for the trade of goods because the UK refused to allow freedom of movement. Michael Ellam, Britain’s chief negotiator, proposed that the UK align with UK regulations to allow free trade with the bloc, but the idea was rebuffed by Brussels. The rebuttal [...]
Enhanced Games sells drugs and true cost won’t be known for many years May 23, 2026 The first Enhanced Games takes place in Las Vegas on Sunday. For the unfamiliar, the Enhanced Games, as its website proclaims, “celebrates human potential through safe, transparent enhancement, offering fair play, record pay and unmatched athlete care”. Or, as CNN called it, “a doping free-for-all”. It’s actually somewhere in the middle, as Enhanced athletes are [...]
The road to growth: Why motorway services are key to EV revolution May 22, 2026 Motorway services will be central to the EV transition, but urgent action is needed to unlocl grid capacity, writes Tim Gittins.
Trainline boss pay hits the buffers after missing bonuses May 22, 2026 Trainline boss Jody Ford has seen his pay packet go off the rails in what will likely be his last year in the job, almost halving to £2.5m. Chief executive Jody Ford’s total pay packet fell by 44 per cent from £4.5m in the firm’s 2026 financial year, after he and executive director Peter Wood [...]