The AI Summit London turns 10 as businesses move past the AI hype cycle June 3, 2026 A decade ago, AI conferences were still largely populated by researchers and a relatively small group of technologists trying to convince businesses the technology would eventually matter. But this year’s AI Summit London arrives in a very different climate. The event, which returns to Tobacco Dock on 10 and 11 June as part of London [...]
Lloyds Bank and Halifax customers hit with app outage June 3, 2026 Lloyds Banking Group has been rocked with another outage as thousands of customers report issues with their online services. The financial services giant was flagged with a spike on the online outage tracker Downdetector at around 11:15am on Wednesday as users reported issues. Across the group – which includes Lloyds, Halifax and Bank of Scotland [...]
Cliff-edge warning: Fewer than 10 per cent of Brits to achieve a comfortable retirement June 3, 2026 Large numbers of Brits are at risk of facing a retirement ‘cliff edge’ as people fail to save enough to achieve a moderate or comfortable retirement. For someone living on their own, a comfortable lifestyle would require an annual income of £45,400, a level only nine per cent of Brits are on track to hit, [...]
Betfair to be probed in court over online betting liability June 3, 2026 Betfair is due to be scrutinised in court tomorrow over its duty of care in relation to the dangers of online gambling and betting following a problem gambler’s suicide. The online gambling giant, owned by Irish-American betting giant owned by Flutter Entertainment, will face questions over claims it failed to identify Luke Ashton’s gambling addiction [...]
Leclerc new Formula 1 deal gives $15bn Ferrari brand stability June 3, 2026 Charles Leclerc’s new deal with Scuderia Ferrari will give the wider firm the stability needed to continue its valuation growth. The Monegasque first raced for the iconic Italian car maker in 2019 and yesterday penned a new multi-year deal with Ferrari that, if seen through to its conclusion, will see the 28-year-old represent the Scuderia [...]
Investec shares rise amid takeover speculation June 3, 2026 Investec shares jumped in early Wednesday trading after the South African financial giant became subject to takeover speculation. Shares rose as much as 4.6 per cent before settling at 1.4 per cent, trading at 669.5p, following reports from M&A blog site Betaville that the bank may have attracted takeover interest, with it citing “people following [...]
Staff burnout soars in professional services due to inefficiencies and outdated IT June 3, 2026 More than a quarter of client-facing staff at professional services firms are wasting a large portion of their working week on manual administrative tasks rather than core client work, according to new research by Unit4. The report, commissioned by Pierre Audoin Consultants (PAC), on global mid-to-large professional services firms, including those in the UK, revealed [...]
Labour turmoil and Iran war brings ‘reversal of fortunes’ for UK economy June 3, 2026 A combination of feverish political speculation and knock on effects from the war in Iran has culminated in a “reversal of fortunes” for the UK economy, as new data suggests activity across the private sector declined in May. S&P Global’s monthly survey of hundreds of firms has shown that business across services companies declined in [...]
‘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 [...]
Number of private school pupils plummets after Labour’s VAT hike on fees June 3, 2026 Private school pupil numbers have plummeted by 30,000, down nearly 7 per cent in some year groups, since Labour introduced VAT on fees. As of 1 January 2025, private school fees in the UK, including tuition and boarding, are subject to 20 per cent VAT, a change announced by Chancellor Rachel Reeves in her 2024 [...]