Franco Manca and Real Greek owner slumps to £14m loss as boss quits June 24, 2026 The owner of Franco Manca and Real Greek slumped to a £14m loss shortly after it its boss quit in the wake of a swathe of restaurant closures. Private equity firm Fulham Shore was hit by a £14.2m loss before tax in the year to March 2025, Companies House filings have revealed, nearly triple its [...]
London’s heatwave is a boon for Lime bikes June 24, 2026 As temperatures climb across the capital and commuters look for ways to avoid stuffy Tube carriages, London’s heatwave is turning into a major boost for the micromobility industry. Lime, the Uber-backed e-bike giant preparing for a New York stock market listing, has seen demand surge as Londoners swap public transport for two wheels. During May’s [...]
Gousto puts 290 jobs at risk in warehouse closure June 24, 2026 Recipe box maker Gousto has put 290 jobs at risk as part of its plans to close a warehouse in Lincolnshire. The company, which delivers food boxes for people to cook meals at home, said it is closing its Lincolnshire base in a bid to keep prices down in a competitive market. Gousto, a rival [...]
City firms send workers home as heatwave melts London June 24, 2026 City firms have told their workers to stay away from the office this week as London is hit with a record June heatwave. Several multinational companies headquartered in the Square Mile have advised their employees to consider remote work in a bid to dodge the sweltering heat. Banking giant JP Morgan Chase is the biggest [...]
UK banks fear a ‘disaster’ with Ed Miliband as Chancellor June 24, 2026 City banks are fretting over the prospect of Ed Miliband as Chancellor as Andy Burnham mulls who he will give the keys to Number 11. The banking industry is bracing for a shake-up at the Treasury and fears it could be hit with a fresh raft of taxes under a new Chancellor while key deregulatory [...]
Brentford in talks to host Shakhtar Donetsk Champions League fixtures June 24, 2026 Brentford are among the clubs in talks to host Shakhtar Donetsk’s home fixtures in the Champions League next season. The Ukrainian club are prohibited by Uefa for safety reasons from staging their European games in the war-torn country and last season hosted teams in Krakow, Poland. But Brentford’s Gtech Community Stadium has emerged as a [...]
Alphabet to join Dow Jones in rare index reshuffle June 24, 2026 Alphabet will replace Verizon Communications in the Dow Jones Industrial Average next week, S&P Dow Jones Indices announced on Wednesday, in the blue-chip index’s first structural change since Nvidia displaced Intel in 2024. The Google parent’s Class A shares will join other members of the so-called Magnificent Seven including Nvidia, Amazon, Apple and Microsoft in [...]
Fifa World Cup brand value trebles to £4bn thanks to sponsorship and media rights June 24, 2026 The Fifa World Cup brand has grown in value to over $5bn after more than trebling in value in recent years, according to a new industry report. Consultancy Brand Finance estimates the World Cup brand is now worth $5.2bn (£4bn) – a 244 per cent increase on its value when the 2010 tournament was held [...]
Starmer defends ‘treacherous’ Reeves and Miliband despite Badenoch jibes June 24, 2026 Sir Keir Starmer jumped to the defence of senior Cabinet ministers Ed Miliband and Rachel Reeves despite brutal attacks by the Tory leader Kemi Badenoch. In one of his last Prime Minister’s Questions, Starmer defiantly stood by the Chancellor, who sat on the front bench alongside him, and praised her for “breaking from austerity” and [...]
Pigment boss: ‘We’re replacing legacy players at the speed of light’ June 24, 2026 Eléonore Crespo, co-founder and chief executive of Pigment, said the company is replacing legacy enterprise software providers “at the speed of light”, as demand for AI-native business planning accelerates across the private sector. The Paris-headquartered platform, which helps companies including Unilever, Siemens, Anthropic and Coca-Cola run financial planning and performance management, is approaching $100m (£75m) [...]