Londonmaxxing: Queen’s start of top tennis year for capital June 2, 2026 The capital is going through a period of Londonmaxxing, where the much-loathed Gen Z social media tribe is, surprisingly, bigging up London amid online hatred for the city. They’re strutting with their coffees, diving into thousands of years of history and realising that London really is at the centre of much of the sporting universe. [...]
How do you teach a robotaxi London? Waymo explains June 2, 2026 Before Waymo launches a commercial robotaxi service in London, it needs to teach its vehicles more than just how to drive on the left, writes Saskia Koopman. Waymo, the Alphabet-owned autonomous driving company, has spent months testing vehicles across the capital ahead of a planned commercial launch. The robotaxi giant has been testing in London [...]
Losses widen at UK fintech Monese in eight month delayed accounts June 2, 2026 UK fintech Monese suffered a major widening of losses as its bottom line was hit by restructuring costs amidst its takeover by pseudo-bank peer Pockit. The London-based firm – which provides mobile-only current accounts, multi-currency wallets, and money transfer services – booked a pre-tax loss of £15.9m in the 2024 financial year. Fresh accounts – [...]
England chiefs lay bare Fifa World Cup logistics schedule June 2, 2026 The chief executive of the Football Association has laid bare the logistical complexities of England’s upcoming World Cup. The tournament is being held across the United States, Canada and Mexico with many European teams expecting to lose money, in part, because of travel issues. “These tournaments, you’re going to be away for a long time,” [...]
Former Lloyd’s DEI leader left Beazley over non-financial misconduct allegations June 2, 2026 A former chief risk officer at cyber insurance giant Beazley left the FTSE 100 business following allegations of non-financial misconduct. City AM understands that Rob Anarfi, who had been at Beazley since 2012, left the FTSE 100 business early last year following allegations of non-financial misconduct. Anarfi was also chair of the Lloyd’s of London [...]
Patagonia faces PR backlash over trademark lawsuit with drag queen June 2, 2026 Patagonia is in hot water over its legal action against a drag queen, but as lawyers suggest, businesses face a double-edged sword when it comes to protecting their trademarks. A drag queen artist and environmentalist, Wyn Wiley, was sued by the US outdoor retailer Patagonia, which alleged the performer violated its trademark by going professionally [...]
TG Jones owner Modella puts jobs at risk in shoe retailer overhaul June 2, 2026 Modella Capital is set to put hundreds of jobs on the line as it pursues its latest drastic restructuring, this time of northern shoe seller Wynsors World of Shoes. The private equity firm which owns hundreds of former WH Smith stores has briefed staff on its plans for an overhaul at the shoe retailer it [...]
Iran conflict could cause further decline to M&A, leading tax firm warns June 2, 2026 Merger and acquisition deal activity could see a further hit this financial quarter if the US and Iran do not reach a resolution to the conflict, a leading tax and accountancy firm has warned. The number of domestic and cross-border mergers and acquisition (M&A) transactions involving a change in majority share ownership fell to 352 [...]
Jobs crisis: UK unemployment to hit highest level in a decade June 2, 2026 Joblessness is set to hit its highest level in more than a decade as unemployment looks set to increase by 400,000 under the Labour government, according to a top business body. The British Chambers of Commerce (BCC) warns of a softening labour market, driven by falling vacancies and economic uncertainty, with unemployment projected to rise [...]
Two T20 franchises to merge as external investment nears June 2, 2026 The two Australian Big Bash franchises based in Melbourne are to merge as private equity interest in the T20 league intensifies. The eight Big Bash teams are ripe for overseas picking amid a global interest in cricket driven by the United States and India, though not all Australian states voted in favour of selling up [...]