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Business

  • Aer Lingus slashes Summer schedule as Hormuz blockade bites

    April 23, 2026

    Irish commercial darling Aer Lingus has cancelled hundreds of flights from its summer schedule amid growing jet fuel fears stemming from the blockade at the Strait of Hormuz. The airline is axing scheduled transatlantic, European, and local flights on various days over the coming weeks, according to the Irish Independent. Services set to be affected [...]

  • Economy boosted as Sport England reports record levels of activity

    April 23, 2026

    Two thirds of the adult population are considered physically “active”, the highest level on record, according to Sport England’s latest annual survey. The proportion of adults meeting the Chief Medical Officers’ threshold of 150 minutes’ moderate intensity exercise per week has risen to 64.6 per cent, the Active Lives report found.  Sport England says the [...]

  • Watch: Sluggish economy puts Brits at their gloomiest for nearly 50 years

    April 23, 2026

    City AM‘s Editor, Christian May, reflects on recent polling that reveals Brits’ economic pessimism has reached depths not seen since 1978. From high taxes to sticky inflation and low growth, there is a strong sense that the country simply isn’t heading in the right direction.

  • Palantir boss rebuts Polanski’s wild NHS claims

    April 23, 2026

    A senior Palantir Technologies executive has issued a scathing point-by-point rebuttal after a viral video by Green Party leader Zack Polanski criticised the firm’s role in the NHS and wider public sector. Louis Mosley, who leads Palantir in the UK and Europe, responded directly on X, challenging a series of claims made in the clip. [...]

  • Regulator fines PwC £95m over Chinese Evergrande audit

    April 23, 2026

    The Hong Kong regulator fined PwC Hong Kong a landmark HK$1bn (£95m) for its role as auditor for the now-liquidated property giant, China Evergrande Group. Back in Janaury 2023, PwC resigned as Evergrande’s auditor following a series of disagreements with the heavily-indebted property developer over its audit of the firm’s 2021 accounts. This came after [...]

  • AI-focused services make up 40 per cent of BCG’s 2025 revenue

    April 23, 2026

    The global revenue of the consultancy group Boston Consulting Group (BCG) reached $14.4bn (£10.6bn), a single-digit increase over the previous year, credited to AI. BCG reported seven per cent global revenue growth, rising to $14.4bn in 2025 from $13.5bn in 2024, marking its 22nd consecutive year of growth. The firm said its AI-and tech-focused services [...]

  • BRC chief: Red tape ‘weighs heavily’ on retailers

    April 23, 2026

    Helen Dickinson, the boss of leading trade body the British Retail Consortium, believes red tape “weighs heavily” on retailers. She speaks to Felix Armstrong about food inflation, workers’ rights and her meeting with the Chancellor. Helen Dickinson was six weeks into her job as chief executive of the BRC when the horsemeat scandal landed on [...]

  • Met Police eyes Palantir to speed crime probes

    April 23, 2026

    London’s most prominent police force is considering a major AI upgrade that could change how crimes are investigated across the capital, and raise concerns about who handles the country’s most sensitive data. The Met Police has reportedly been in talks with the controversial Big Tech Palantir Technologies, according to The Guardian, about deploying its AI [...]

  • UK services sector hit with record cost inflation spike after fuel prices surge

    April 23, 2026

    Businesses recorded cost inflation at the highest level since the aftermath of Liz Truss’ chaotic mini-Budget in April as the consequences of the Iran war continued to ripple through the economy. A rapid increase in raw material prices led to a jump in costs for the manufacturing sector but the UK’s all-important services sector – [...]

  • Asos shares uptick despite narrowing losses

    April 23, 2026

    Asos shares are up by more than 3 per cent on Thursday as the online fashion giant focuses on efforts to bear down on its losses. The group cut its pre-tax loss by more than £100m to £137.9m for the six months to the beginning of March, while revenue slid 14 per cent to £1.1bn. [...]

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