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      Soaring fuel costs hit profit at British Airways owner IAG

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      Tottenham Hotspur pledge to help tackle spiralling Neets crisis

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Business

  • ‘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, [...]

  • Brewdog chief executive quits after only one year

    July 1, 2026

    The boss of Brewdog has stepped down barely more than a year after taking up the role in the latest twist in the long-running saga over the management of the beleaguered beer business. James Taylor, who took up the role of chief executive at the beginning of last year and who oversaw the takeover of [...]

  • Ealing stalls on Voi contract as ‘sensitive discussions’ threaten West London e-bike network

    July 1, 2026

    Ealing Council has held back from signing a fresh e-bike agreement with operator Voi, City AM understands, stalling its upcoming operating period as backroom negotiations expose growing regulatory divide on London’s high streets. Town hall chiefs have admitted that negotiations have hit a deadlock, revealing they are mired in non-disclosure talks ahead of a looming [...]

  • Stockpiling helps manufacturing sector power through Iran war blows

    July 1, 2026

    The manufacturing sector has powered through the turmoil brought by the Iran war as output grew at the fastest pace in 21 months, according to a business survey.  S&P Global researchers said that output growth accelerated as firms rushed to stockpile goods ahead of further expected trade turmoil in the Middle East.  The overall purchasing [...]

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