‘In fine fettle’: Pall Mall’s RAC waiting list grows as posh club toasts profit boost July 6, 2026 The Royal Automobile Club has seen a rise in its waiting list as the posh Pall Mall private members’ club toasted a surge in profitability. The institution, which was founded in 1897 as a motoring club and later spawned the roadside assistance business RAC, saw its waiting list increase by 7 per cent in 2025 [...]
FCA eyes tougher AI rules as Brits turn to chatbots for financial advice July 6, 2026 The Financial Conduct Authority (FCA) has called for greater powers to regulate artificial intelligence after warning the UK’s financial rulebook must evolve to keep pace with the number of consumers turning to chatbots for advice on their money. In a new review published on Monday, the watchdog said AI will become “a defining force” in [...]
All England Club slap down wealthy Indian Jindal over Wimbledon empty seat post July 6, 2026 The All England Club has slapped down a member of the billionaire Jindal family after the Indian bemoaned empty seats at Wimbledon. Parth Jindal, whose investments includes Indian Premier League cricket team Delhi Capitals, took to social media to berate the empty seats on the showcourts of Wimbledon. “Never seen so many empty seats at [...]
IFS and Chelsea reaffirm partnership but AI firm won’t be front-of-shirt July 6, 2026 Industrial AI firm IFS has reaffirmed commitment to its global partnership with Chelsea but will not remain the Premier League club’s front-of-shirt sponsor. IFS appeared on the front of Chelsea’s shirts for the latter part of last season, having signed a three-year contract with the US-owned West London side in February. But their expanded partnership, [...]
Pubs toast England World Cup victory over Mexico July 6, 2026 British pubs served more than six million pints during England’s World Cup victory against Mexico in the early hours of Monday morning. The UK’s hospitality sector was handed a boost after the government decided to allow pubs to stay open until 5am, having initially extended licensing hours until only 1am. The country’s pubs made the [...]
Financial services activity ‘drops rapidly’ as investors alarmed by Burnham July 6, 2026 Business activity across the financial services sector – one of the chief drivers of economic growth across the UK – has dropped sharply as confidence slumps, according to a new survey. Financial services firms, including banks and insurers, said business volumes had nosedived in the second quarter of the year. While the net reading for [...]
Billionaire Easyjet founder in line for £800m payday from takeover July 6, 2026 Easyjet founder Sir Stelios Haji-Ioannou could be in line for a bumper £800m payday as part of the airline’s proposed takeover by private equity firm Castlelake. The British-Cypriot entrepreneur, who founded the company in 1995, holds some 116m shares in the budget carrier and will net a huge payout should he decide to sell his [...]
Close Brothers shares fall as motor finance scandal threatens worst returns in Europe July 6, 2026 Close Brothers shares tumbled on Monday morning after a damning broker downgrade warned the bank was poised to deliver the “lowest value-creation” of Europe’s top 50 banks. The FTSE 250 bank’s stock was down nearly nine per cent in early trading to 401.70p as investors scurried for the exit door. The loss came on the [...]
ITV says ‘no guarantees’ on jobs after £1.6bn Sky deal July 6, 2026 ITV and Sky executives have said they can make no guarantees on job cuts after the two companies announced a £1.6bn merger on Monday. Employees of ITV have been warned the tie-up between Britain’s two biggest commercial broadcasters could lead to redundancies, and there are “no guarantees” over their jobs. Speaking after the acquisition was [...]
Schroders sells financial planning arm as it accelerates high net-worth shift July 6, 2026 Schroders has agreed to sell its advice business Benchmark Capital to Swedish wealth firm Soderberg & Partners as it accelerates a shift toward wealth management and high net-worth clients. Under the terms of the deal, Schroders will become a long-term asset manager to Soderberg & Partners and exit direct ownership of the financial planning business. [...]