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  • World Cup gives London restaurants and retailers Deliveroo boost

    July 5, 2026

    England’s World Cup campaign has delivered a boost for restaurants and retailers across London, with new Deliveroo data showing a sharp increase in orders during the Three Lions’ group-stage matches. Exclusive figures shared with Morning Wire show BBQ orders more than doubled across the capital during England’s matches against Croatia, Ghana and Panama, while picnic-related [...]

  • Labour defends Burnham’s ‘very powerful’ No 10 North plans

    July 5, 2026

    Andy Burnham’s proposed ‘No 10 North’ would lead to a “very powerful reorganisation of government”, deputy Labour leader Lucy Powell has said. Her words come as ministers push ahead with one of the biggest overhauls of English local government in decades before Burnham is expected to enter Downing Street later this month, with Labour arguing [...]

  • Andy Burnham says he will put essential services back under ‘stronger’ public control

    July 4, 2026

    Andy Burnham has said he will set out a “new approach” to put essential services back under “stronger public control”. In an “ask me anything” session on online forum Reddit on Friday, Burnham, who is expected to be Starmer’s successor, confirmed he will look into placing services back under public control in an attempt to [...]

  • Making Miliband chancellor would be a ‘mistake’, Trump officials warn

    July 4, 2026

    Senior officials in president Trump’s administration have privately warned that appointing Ed Miliband as chancellor would be a “mistake”, as speculation over who will take over from Rachel Reeves grows. US officials told their counterparts in Britain, as well as senior Labour figures, that they were concerned about Miliband’s opposition to new oil and gas [...]

  • ‘That’s reality’: Burnham will have to focus on international affairs, Starmer warns

    July 4, 2026

    Outgoing prime minister Keir Starmer has warned his expected successor that he will have to focus on dealing with global turmoil, arguing the world is “more dangerous and volatile”. In his first interview since announcing his resignation last month, Starmer said Burnham, who is anticipated to enter No 10 in the coming weeks, will be [...]

  • Richard Desmond puts £1bn Westferry development up for sale

    July 3, 2026

    A £1bn residential development on the doorstep of London’s financial district has been put up for sale by its billionaire owner, Morning Wire can reveal, in the latest twist in a long-running saga over the future of the project. The Westferry Printworks, which is owned by former newspaper baron Richard Desmond and promises to deliver [...]

  • World Cup boost fails to land UK services sector on front foot

    July 3, 2026

    A World Cup boost failed to drag the UK’s services sector to growth last month after it recorded its fastest rate of decline in three-and-a-half years as businesses braced for the Andy Burnham coronation. The latest Purchasing Managers Index (PMI) from S&P Global showed a reading of 48.8 in June, falling from 49.3 in May.  [...]

  • UK fintech Starling to axe 130 roles in AI-powered simplification drive

    July 3, 2026

    Starling is gearing up to cut some 130 roles in a bid to streamline its operations following a fall in profit over the last year. The London-based fintech told staff this week it would restructure its banking and tech operations as it leveraged AI across operations ahead of an influx of new projects. It said [...]

  • As it happened: Stocks rise as oil lower; Iran threatens ‘forceful response’ over Strait of Hormuz

    July 3, 2026

    Welcome back to the Morning Wire liveblog. The rate of traffic flowing through the Strait of Hormuz is gradually picking back up in a major boost to the oil market. Brent crude – the international benchmark for oil prices – held steady at near $72 per barrel on Friday morning. It marked a similar level [...]

  • Devolution will create losers too

    July 3, 2026

    Devolution is a laudable endeavour, but it will widen the gap between thriving and struggling areas as much as closing it, writes Sanjay Raja.

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