Klarna swings back to profit after delivering second $1bn quarter May 14, 2026 Klarna has sealed its first quarterly profit since its blockbuster IPO last year as the firm’s cost-cutting pays off. The Swedish fintech unicorn booked a $17m profit in the first quarter of the year, marking a swing from a $90m loss in the prior year. The return to the black was driven by a 44 [...]
Andy Burnham confirms Westminster run as Wes Streeting resigns from government May 14, 2026 Andy Burnham has declared his intention to stand in a by-election after a sitting Labour MP quit to make way for him. The current Mayor of Manchester will seek permission from Labour’s ruling body to stand in the Makerfield constituency after Josh Simons announced he would vacate the seat. In a statement, Burnham said: “Millions [...]
Our honest review of the brand new Aston Martin DB12 S May 14, 2026 Forget EasyJet – this is pan-European travel at its best. We drive the new Aston Martin DB12 S, a hedonistic grand tourer that makes light work of the longest journeys. It was one of those drives that has lingered long in my memory. I collected the car at a hotel overlooking Monaco’s Port Hercules, then [...]
Mr Kipling’s ‘biggest ever year’ bakes in sweet-looking profit at Premier Foods May 14, 2026 The owner of some of the UK’s best loved and most famous food brands hailed standout performer Mr Kipling, on Thursday which helped Premier Foods eat City profit forecasts for lunch. Mr Kipling – the brand behind the “exceedingly good cakes” tagline, in use continually since 1967, when the range made its debut – had its [...]
The economics of Eurovision: Politics isn’t the only thing driving dropouts May 14, 2026 It’s not just politics but economics driving this year’s high profile Eurovision withdrawals, says Matthew Allen.
Industry chief calls on government to water down steel tariff plans May 14, 2026 Government plans to double tariffs on steel imports pose an enormous threat to Britain’s already ailing manufacturing industry, pushing up costs at a time when many are already in the jaws of an inflationary energy shock, Britain’s largest industry body has warned. In a letter seen by Morning Wire, British Chambers of Commerce (BCC) boss [...]
London Marathon CEO Hugh Brasher: 2026 race day was the proudest moment of my career May 14, 2026 We dig into the memory bank of the City's great and good. Today, London Marathon Events CEO Hugh Brasher runs through his career highs and lows.
Property giant Landsec bets on retail, claiming ‘no slowdown’ in consumer spending May 14, 2026 Landsec, the UK’s largest commercial property developer, will shift towards retail property, defying the gloomy mood music by suggesting there is no slowdown in consumer spend. The FTSE 100 firm commands a property empire in which office rents have soared, as high building cost inflation and interest rates stifle supply, while demand heads through the [...]
Ronaldo becomes shareholder in broadcaster ahead of World Cup May 14, 2026 Cristiano Ronaldo has become a shareholder in a sports broadcasting company ahead of this summer’s Fifa World Cup. The Portuguese footballer has invested in Brazil-based LiveMode and will become a strategic partner. His stake will be focused on a newly-formed operating group that will grow the Brazilian brand outside of South America. The striker said: [...]
Madonna, Shakira and BTS announced for Fifa World Cup half-time show May 14, 2026 Madonna, Shakira and BTS will perform in the first ever World Cup half-time show, curated by Coldplay frontman Chris Martin. The three global superstar acts are set to appear on the pitch at the MetLife Stadium in New Jersey during an extended interval to the final on Sunday 19 July. Martin announced the line-up today [...]