Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract June 15, 2026 Rolls-Royce’s special purpose vehicle for nuclear energy has secured a major win after locking down a multi-billion pound deal to build small modular reactors in Sweden. The FTSE 100 giant’s small modular reactor (SMR) unit, which is co-owned by Czech power company CEZ, designs and delivers factory-built nuclear power plants. Rolls-Royce SMR was selected by Swedish [...]
Royal Ascot worth £140m to UK economy June 15, 2026 This year’s Royal Ascot festival is set to be worth £140m to the UK economy as fans flock to Berkshire for top level flat racing. Around 300,000 fans are expected to attend over the five days of horse racing, which starts tomorrow afternoon, with 38,000 hospitality covers to be served by over 30 Michelin starred [...]
‘Banker’ arrested in connection with ‘Putney pusher’ attack June 15, 2026 Police looking for the so-called Putney pusher have arrested a man in connection with the case, nine years after CCTV footage appearing to show a woman being pushed into an oncoming bus triggered a high-profile manhunt. The 44-year-old male was detained by the Metropolitan Police on Monday despite detectives closing their investigation into the incident [...]
Manchester United bank eight-figure fee from Amazon All Or Nothing deal June 15, 2026 Manchester United will receive an eight-figure fee after agreeing to feature in the next edition of Amazon Prime Video’s All Or Nothing documentary series. The show will follow the club’s fortunes over the next year, with shooting set to begin in pre-season and the series due to air in summer 2027. United follow Premier League [...]
Mayer Brown defends ‘do not disturb’ policy despite criticism from rivals June 15, 2026 When the US law firm Mayer Brown, based in the City, implemented a policy that partners should not disturb associates during their holidays, its London office managing partner said some rival partners criticised the move. Speaking to City AM, Dominic Griffiths said: “When I introduced that policy [three years ago], there were one or two [...]
Keeping up with the cash: SKIMS’ law firm hits record revenue June 15, 2026 UK law firm Browne Jacobson has hit record revenue of nearly £150m, partly driven by high-stakes projects, including advising Kim Kardashian’s clothing brand SKIMS on its flagship Regent Street store. The firm said it raked in £148.8m in revenue for the year, up 9 per cent from last year, driven by growth across the core [...]
Investors ‘reluctant’ to splash cash on UK banks amid crisis in Number 10 June 15, 2026 UK banks’ stock prices are being slapped with a political risk premium, City analysts have warned, as turmoil in Downing Street threatens to rock the sector. The FTSE 350 bank index has had a choppy start to the year with financial stocks facing a hammering from the Iran war as investors trimmed their equities exposure. [...]
BBC News faces hundreds of job cuts in major downsizing drive June 15, 2026 The BBC is expected to announce hundreds of job cuts across its core news division next week, as the broadcaster begins a sweeping cost-cutting programme ahead of crunch talks with ministers over its future funding. The corporation’s news operation is set to be the first part of the BBC to reveal detailed redundancy plans, according [...]
Andy Burnham commits to triple lock despite backlash over ‘unsustainable’ policy June 15, 2026 Andy Burnham has committed to keeping the triple lock pension and allowing pensioners to escape paying income taxes despite the policy being opposed by swathes of economists and MPs. Burnham said he would keep the triple lock pension, the mechanism that ensures the taxpayer-funded state pension rises by whichever is highest out of wage growth, [...]
UK social media ban blow to sports rights holders using TikTok and YouTube June 15, 2026 The UK’s incoming social media ban for under-16s will be a blow to sports rights holders and wider marketing strategies, experts have warned. The government on Monday announced that there will be a ban on social media for those aged 16 and under from next year – covering the likes of X, TikTok, Twitch and [...]