Why World Cup players could pay tax in five different countries July 1, 2026 Football fever has arrived as England prepare for their first knockout game this evening, but for all the excitement the 2026 World Cup could create some major tax headaches for players. Fifa is protected because it negotiates some of the most lucrative broadcasting and sponsorship deals in the sports world, which usually come with tax [...]
London becomes activist capital of Europe as investors pressure firms over AI plans July 1, 2026 London has become the shareholder activist capital of Europe as boardrooms feel the heat of interventions from outspoken investors. The UK’s capital markets were the subject of a staggering 57 per cent of all European campaign activity in the first half of the year, fresh data has found, crossing the 50 per cent threshold for [...]
‘It’s gone’: How a social housing scheme left amateur investors tens of millions out of pocket July 1, 2026 A social housing investment scheme that promised amateur investors huge returns with no risk has collapsed into administration owing its backers nearly £27m, City AM has learned. Alderley Group, which invested in affordable housing projects across the North West of England, has left around 1000 investors out of pocket after claiming it could guarantee returns [...]
‘Chaos’ – Aviation industry slams EU border checks as millions face summer holiday misery July 1, 2026 New EU rules have left Brits facing summer holiday chaos on an unprecedented scale, with five hour waits at passport control and thousands missing flights altogether. Now, a cluster of aviation industry groups has called on the trading bloc’s most senior official to suspend its new biometric border system, EES, whose botched rollout threatens to [...]
Starmer claims fiscal headroom can fill £5bn defence funding gap July 1, 2026 Sir Keir Starmer has suggested the existing fiscal headroom can be used to fill a defence funding gap of around £1bn a year. During Prime Minister’s Questions, Starmer accused the Conservatives of a “faux outrage” over complaints about £4.7bn out of £15bn being left for funding at the Budget this year. Starmer said that a [...]
Halifax ends 173-year high street run as Lloyds ditches branding July 1, 2026 Lloyds Banking Group is set to ditch its Halifax brand in a move that will end the retail bank’s 173-year run on the high street. The FTSE 100 titan – whose subsidiaries also include Bank of Scotland and Scottish Widows – said on Wednesday it would rebrand Halifax under the central moniker of Lloyds. Lloyds [...]
Gloucester Rugby warn of risk to future as losses jump 450 per cent July 1, 2026 Gloucester Rugby’s accounts warn they face a “material uncertainty” after the Prem Rugby club saw losses spiral by more than 450 per cent last year. The Gloucester Rugby Limited accounts, filed this week with Companies House, posted a loss of £2.9m for last season, up from £500,000 the year prior – an increase of 464 [...]
Gold set for worst quarter in over 10 years as retail interest cools July 1, 2026 Gold is poised to enter its worst quarterly performance in over ten years, as retail investor enthusiasm fades and higher US interest rates loom, a far cry from last year’s continuous record-breaking prices. The price of the precious metal fell below $4,000 per troy ounce on Wednesday, hitting $3,978.5. On Tuesday it fell to $3,942.9, [...]
AI disputes are turning into deals July 1, 2026 Lawyer by day, rapper by night, Nick Eziefula has seen both sides of the coin when it comes to disputes over AI and art.
Half time: London market lags as rivals across the Atlantic hit fresh highs July 1, 2026 London’s main stock market index ended the first half of 2026 within touching distance of a record high set earlier in the year, but remained off the pace set by its rival in New York. The FTSE 100’s positive-but-relatively-limited run for the period summed up a feeling of measured optimism. While it made overall gains, [...]