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Business

  • London local elections 2026: Who will win in Bexley?

    May 6, 2026

    What has traditionally been a back and forth between Conservatives and Labour, for the forthcoming local elections Bexley is being viewed as Reform’s top shot at cracking London. In 2022, Bexley had a 5.2 per cent swing from Conservative to Labour but the Tories still managed to hold onto 33 seats, while Labour gained just [...]

  • London local elections 2026: Who will win in Barnet?

    May 6, 2026

    Labour faces a battle in defending Barnet in the local elections after recent surges in council tax and a flurry of defections since 2022.  Barnet stands as a real test for both the Conservative and Labour party.  What was traditionally a safe seat for the Tories flipped red in 2022 as Labour won the borough [...]

  • London local elections 2026: Who will win in Barking and Dagenham?

    May 6, 2026

    Labour will take the fight to Reform in its defence of Barking and Dagenham as it looks to continue its long-running hold on the borough. In 2022 Barking and Dagenham was painted a unanimous red. All 51 seats in the 232,747 strong borough went to Labour in a clean sweep, though turnout was 24.5 per [...]

  • Kospi breaks 7,000 mark as Samsung becomes trillion-dollar company

    May 6, 2026

    South Korea’s bluechip index soared to record highs during Wednesday trading, after a rally in semiconductor stocks propelled it past the 7,000 mark. The index surged 6.4 per cent to 7,384.5 points after strong gains from heavyweights Samsung Electronics and SK Hynix. Samsung Electronics rocketed 14.4 per cent to 266,000 KRW (£134.7), with its performance [...]

  • The UK wants flying taxis in its skies from 2028 – will it happen?

    May 6, 2026

    The government has pledged nearly £50 million to accelerate the rollout of flying taxis and commercial drones across the UK, with ministers targeting the first regular air taxi services as soon as 2028. The £46.5m package – delivered through the Civil Aviation Authority – has been designed to cut regulatory red tape and lay the [...]

  • Fermi rebuffs ousted chief’s bid to regain control of board

    May 6, 2026

    Fermi has rebuffed a bid from its ousted chief executive to wrest back control of the data-centre giant by gaining a seat on its board. In a stock exchange filing on Wednesday, the embattled London-listed group accused its defenestrated co-founder, Toby Neugebauer, of trying to pack its board with apparatchiks to regain the reigns at [...]

  • AMD stock soars as AI chip demand drives quarterly results

    May 6, 2026

    Advanced Micro Devices (AMD) sent its stock soaring after flying past Wall Street estimates for the first quarter of the year, thanks to swelling AI infrastructure demand. AMD shares rose 15 per cent after hours on Tuesday, after the Santa Clara-headquartered chipmaker reported $10.3bn revenue, up 38 per cent on the same period last year. [...]

  • Does a pint in London really cost £10?

    May 6, 2026

    Recent reports of £10 pints in the capital will have caused many a punter to spit out their bitter in disbelief.  Pint prices in London edge higher every year, but the once-distant prospect of paying double figures for a beer has already arrived, according to some reports.  Stanley’s Rooftop Bar, perched above a four-star hotel [...]

  • Supermarkets round on Aldi and Lidl over ‘rigged’ system

    May 6, 2026

    A host of leading British supermarkets have rounded on German discounters Aldi and Lidl over fears competition is being “distorted” by a “rigged” system.  Sainsbury’s, Morrisons and Iceland are ramping up pressure on the competition watchdog to crack down on Aldi and Lidl’s ability to block rivals from opening new stores on nearby land. The [...]

  • Iran war costs Next £47m and may drive up prices

    May 6, 2026

    Retail giant Next has said the ongoing disruption caused by the Iran War has hit it with a £47m increase in costs from climbing energy and transport prices. The FTSE 100 retail and homeware company said that the £27m increase, a sharp rise from it’s previous forecast of £15m, relates mainly to spikes in energy [...]

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