UK Government warns Joe Joyce against travelling to Russia for Moscow fight Sport Business The UK Government has warned Joe Joyce against travelling to Russia after the British heavyweight boxer agreed to fight Artem Suslenkov in Moscow next month. The 2016 Olympic silver medallist will head to the 14,000-capacity VTB Arena next month to take on the unbeaten Suslenkov, from Volgograd, amid Russia’s continued military operation in Ukraine. Vladimir [...]
IGI President & CEO Waleed Jabsheh to Present at the 16th Annual East Coast IDEAS Investor Conference on June 10, 2026 in New York City Business Wire International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that President & CEO Waleed Jabsheh will present at the East Coast IDEAS Investor Conference on Wednesday, June 10, 2026 at The Westin Times Square in New York City. IGI’s presentation is scheduled to begin at 10.35 am Eastern Time. There will [...]
IGI Expands Global Footprint as it Secures License to Operate in India’s Gujarat International Finance Tec-City (GIFT City) Business Wire International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has secured registration approval from the International Financial Services Centres Authority (IFSCA) to operate an IFSCA Insurance Office (IIO) in India’s Gujarat International Finance Tec-City (“GIFT City”), India’s first and only operational international financial services centre. IGI’s India operation is [...]
Banks call for ‘political mandate’ to bolster European defence June 8, 2026 The banking industry has issued a rallying call for a “political mandate” from the UK and EU in a bid to get regulators to open the taps to a fresh flood of defence financing. A new report from UK Finance – which represents the nation’s financial services giants from Lloyds to Revolut – has called [...]
‘Dire’: Rapid decline in construction as sector slashes jobs June 4, 2026 A rapid decline in construction companies’ activity has forced bosses to cut employment, according to new data. S&P Global’s construction purchasing managers’ index (PMI) showed that business activity declined at the fastest pace for six years. Putting the pandemic aside, the decline in construction output was the lowest since March 2009. The PMI reading was [...]
‘Tipping point’: CBI boss slams £345bn business tax burden amid ‘cost of doing business’ crisis June 4, 2026 The boss of the UK’s most influential business group will use a landmark speech to warn that the heavy business tax burden is nudging British firms towards a “tipping point”, directly linking the Labour government’s troubles to cost pressures on firms. At a speech for the Confederation of British Industry (CBI)’s business dinner, chief executive [...]
‘Difficult year’ for discount retailer B&M as profits fall almost a half June 3, 2026 A series of updates from London-listed retailers has light on the battle for sales between online and traditional outlets, with household spending under pressure, writes Michael Hunter. FTSE 250 retailer B&M has revealed a drop of almost a half in annual profit in what it called a “difficult year”. It was the most eye-catching piece [...]
Why Britain needs a defence innovation engine June 3, 2026 Britain must follow the US by aligning government demand, private capital, and entrepreneurs to leverage its technological talent against modern national security threats, says Simon Pavitt Britain has spent years celebrating entrepreneurs who changed how we shop, bank, travel and work. From Deliveroo and Revolut to Wise, British founders have shown they can build world-class [...]
City chiefs issue rallying cry to counter ‘disinformation’ about London’s decline June 3, 2026 A group of influential City chiefs have thrown their weight behind an industry-wide campaign to tackle “disinformation about London” and promote the capital as an innovative hub for global investment. All four of the financial sector’s largest industry bodies have signed up to Team UK, a new initiative spearheaded by the Lady Mayor of London, [...]
Reeves warned Iran war oil shock will lead to government borrowing spike June 2, 2026 Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the Iran war as the Office for Budget Responsibility admitted it had underestimated the effects of the last energy price shock. In a review of its forecasting models, the OBR suggested it had learned lessons from Russia’s full-scale [...]