James Watt eyes entire Brewdog UK business in comeback swoop July 17, 2026 James Watt’s shock comeback bid for Brewdog would see him take control of the craft beer firm’s entire UK and Australian operations, Morning Wire has learned. The Scottish entrepreneur, who co-founded Brewdog, has proposed to buy back the company’s entire operations excluding its US arm. Watt’s bid marked a new twist in the dramatic Brewdog [...]
Over 1,000 World Cup final tickets unsold as resale site demands $2.3m July 17, 2026 Over 1,000 tickets remain unsold for the World Cup final on Fifa’s resale site as some prices reach $2.3m. Spain will take on Argentina on Sunday at New Jersey’s 82,500-capacity MetLife Stadium – known during this tournament as the New York New Jersey Stadium – in the World Cup final as the 104th and final [...]
Mahmood called for banker bonus tax to fix youth unemployment July 17, 2026 Shabana Mahmood has previously called for a tax on banker bonuses to fix youth unemployment in a move that will renew fears the sector could be targeted for a cash grab. The front-runner to be Andy Burnham’s Chancellor was a staunch supporter of a bill set out by Labour in opposition that sought to levy [...]
Burberry revival gets a boost from China and US sales July 17, 2026 Burberry has recorded a lift in sales across all its fashion lines for the first time in three years as a resurgence in the US and China helped ease a slowdown in spending brought on by the Iran war. The London-listed fashion label posted a five per cent rise in overall revenue in the three [...]
As it happened: Stocks rise despite IEA warning of ‘critical’ oil issue July 17, 2026 Welcome back to the Morning Wire liveblog. Oil is on track to gain around 12 per cent for the week after the continued escalation of strikes between the US and Iran. Brent crude – the international benchmark for oil – is holding steady around the $85 per barrel mark after US’ multiple strike offensives against [...]
What can the Rugby World Cup learn from US nailing of Fifa World Cup? July 17, 2026 With a United States Rugby World Cup just five years away, Ollie Phillips asks what can the sport learn from the Fifa World Cup. Sitting here in the UK looking across the Atlantic to a World Cup mainly staged in the United States, it is difficult not to get just a little bit excited about [...]
IMF warns Bank of England against cutting interest rates July 17, 2026 The Bank of England must keep interest rates on hold for as long as risks from the Iran war persist, the International Monetary Fund has said. In its annual temperature check of Britain’s economic outlook, the fund warned rate setters to keep monetary policy “sufficiently restrictive” to avoid sparking a painful bout of inflation that [...]
City sizes up mystery Mahmood July 17, 2026 Executives and business groups have begun sizing up Shabana Mahmood and her past policy positions as they search for ways to engage the woman tipped to become Andy Burnham’s Chancellor next week. The emergence of Mahmood, who hails from the right of the party and cracked down on immigration in her role as home secretary, [...]
Tiktok ‘confident’ ahead of Ofcom child safety probe July 16, 2026 Tiktok has insisted it is “confident” it complies with the UK’s Online Safety Act (OSA) after Ofcom launched an investigation into whether the platform is doing enough to stop children accessing harmful content. The watchdog is looking into whether Tiktok’s age verifictions meet the legal requirement to be “highly effective” at identifying child users after [...]
World Cup demand pushes price of private jet charters up 30 per cent July 16, 2026 The price of chartering a private jet between some US cities has surged by up to 30 per cent due to “exceptionally strong demand” during the World Cup. Corporate groups, wealthy football fans and syndicates of supporters travelling together have turned to private charters in increasing numbers to navigate the biggest and most geographically dispersed [...]