Why Raducanu may have harmed Fery’s post-Wimbledon commercial earnings July 10, 2026 There’s a new wonder at Wimbledon: Arthur Fery. The 23-year-old Paris-born Brit is on a roll at the All England Club and this week became the first Open Era wild card to reach the semi-finals since Goran Ivanisevic in 2001. And we all know what happened that year. You’d be forgiven if, before this tournament, [...]
Rachel Reeves’ legacy of tinkering with the City is not enough, says Mel Stride July 9, 2026 Sir Mel Stride has branded Rachel Reeves’ legacy in government as mere “tinkering” with City reform as the top Tory predicted her successor will create a “hostile” environment for the banking sector. In an interview with Morning Wire, the shadow Chancellor branded Reeves’ two-years in the Treasury as “managerial incrementalism,” adding it was “not enough”. [...]
Exclusive: PwC set to cut audit jobs amid market slowdown July 9, 2026 PwC is set to slash its headcount in its UK audit division, the latest in a series of redundancies at Big Four accountancy giants. Morning Wire understands that those affected are senior associates and managers in the audit practice. It is understood this is due to low staff attrition in the firm’s audit practice, a [...]
Exclusive: Big Four giant KPMG to cut more jobs July 9, 2026 Big Four giant KPMG is set to lay off around 10 per cent of staff in its UK group corporate services division, Morning Wire understands. The division, which includes HR, corporate affairs, marketing, tech, and procurement, is understood to be cutting around 200 people. A KPMG UK spokesperson told Morning Wire: “As we continue to [...]
Music tycoon Simon Cowell sued by prominent City lawyer July 9, 2026 City lawyer Ian Rosenblatt has launched legal action in London’s High Court against music mogul Simon Cowell over alleged withheld fees. The lawsuit stems from the lawyer stepping down as director of Syco Entertainment, Cowell’s production company, and as an adviser to the talent show judge. Quinn Emanuel’s partner Gregory Pantlin and senior associate Emma [...]
Sky’s ITV takeover could be tonic for Premier League media rights value July 9, 2026 Sky’s proposed takeover of ITV is widely expected to mean more sport on free-to-air channels in the UK, but wider consolidation in the media market could also have a significant impact on the value of sports broadcast rights. A combined Sky and ITV would, if approved by regulators, create an even more powerful player in [...]
Grid operator issues fresh heatwave warning over power supplies July 9, 2026 The energy grid operator has warned that the “extreme temperatures” from this week’s heatwave could hit power supplies on Thursday night, as households’ use of fans and air conditioner place a record strain on our electricity system. The National Energy System Operator (Neso) issued a rare overnight notice calling on energy companies to generate additional [...]
‘The problems didn’t begin with John Edwards’: Pressure grows for wider data watchdog overhaul July 9, 2026 John Edwards’ resignation was meant to draw a line under the workplace misconduct scandal that engulfed Britain’s data watchdog. Instead, it has shifted scrutiny onto the leadership that surrounded him – and of the regulator’s record long before he stepped down. Tech secretary Liz Kendall told MPs on Wednesday she was “appalled” to learn Edwards [...]
Burnham’s cheerfulness could turn the economy around July 9, 2026 Confidence is an elusive but essential determinant of the course of the economy ignored by Reeves' doomsterism. Burnham could change that.
Hugo Boss urges investors to reject £1.7bn bid from Mike Ashley’s Frasers July 9, 2026 Hugo Boss has urged its investors to reject the “inadequate” £1.7bn takeover tabled by Mike Ashley’s Frasers Group. The retail giant behind Sports Direct and House of Fraser currently owns around 26 per cent of Hugo Boss but launched a move to take full control last month. The FTSE 250 group, which was founded by [...]