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      Fifa won’t fix itself – scrap it now and set up a World FA, led by Uefa and South America

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      Fifa won’t fix itself – scrap it now and set up a World FA, led by Uefa and South America

      Reflective FIFA logo sign on a white wall, with green trees mirrored in the letters, under natural light.

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      Tell us your story.

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Business

  • Cole Palmer: Chelsea footballer launches range of ‘premium craft ice’ for £2 a bag

    June 22, 2026

    Chelsea and England footballer Cole Palmer has put his World Cup snub behind him by launching a new range of “premium craft ice” with grocery delivery platform Gopuff. The “Cole’d” product range – a nod to his nickname “Cold Palmer” – includes chewable “pebble ice” with added electrolytes, and large, football-shaped “ice spheres”, and is [...]

  • Nestle launches probe over ties to sanctioned Russian propaganda channel

    June 22, 2026

    Nestle has launched an internal investigation after it was found to have advertised on a sanctioned Georgian TV channel with ties to the Russian state.

  • Nigel Farage calls for General Election after Starmer replacement

    June 22, 2026

    Reform UK leader Nigel Farage has called for a general election after Sir Keir Starmer announced his resignation today.  In a Substack essay, Farage hit out at Andy Burnham – the likely successor to Starmer – and said that the UK could not “afford to waste another week drifting from crisis to crisis”.  “To men [...]

  • Monzo taps into English cricket with The Hundred sponsorship

    June 22, 2026

    English cricket chiefs have added Monzo as a partner for The Hundred ahead of the sixth season of the white-ball competition. Monzo has become the official banking partner of The Hundred and will have in-stadium branding whenever the Decision Review System is implemented. The digital bank has a growing presence in sport and is the [...]

  • Coca-Cola brings in restructuring lineup over failed Costa sale

    June 22, 2026

    US beverage giant Coca-Cola has called in a team of restructuring experts to advise on the failed sale of high street drinks retailer Costa Coffee last year. Consultancy firms Alvarez & Marsal and Alix Partners, which both have prominent City presences, are reportedly advising the coffee chain after an attempt to sell it off was [...]

  • Bank of England waters down stablecoin rules after industry backlash

    June 22, 2026

    The Bank of England has diluted its incoming stablecoin rules after warnings from currency providers that the UK risked falling behind rival jurisdictions in a rapidly growing pocket of the global financial system. In its final framework for regulating the fledgling currencies, which are a digital form of money whose value is pegged to another [...]

  • HMRC has been overtaxing pensioners for a decade- have you been affected?

    June 22, 2026

    Two weeks ago it was revealed that HMRC has been overcharging millions of pensioners on their tax bill for at least a decade. The taxman had knowingly overcharged taxpayers in receipt of their state pension because of an error in how their income was calculated each year, increasing the bills of up to 8.7m pensioners [...]

  • Starmer resigns as Prime Minister

    June 22, 2026

    Sir Keir Starmer has resigned as Prime Minister less than two years after winning a landslide victory at the 2024 general election. Starmer had faced mounting pressure in recent days after challenger Andy Burnham swept to victory in the Makerfield by-election. In a speech outside Downing Street, the Prime Minister said his position had become [...]

  • Babcock predicts global government defence spending spree after hit to profit

    June 22, 2026

    Babcock said it had suffered a £140m financial hit due to delays in a contract with the Royal Navy but reiterated its financial targets for the next year, predicting high spending as global governments plough cash into defence. Profit before tax slumped to £267.2m from £339.4m in the prior year after problems with its Type [...]

  • David Lloyd gyms limbers up for £4bn London float

    June 22, 2026

    The owner of David Lloyd gyms is considering a £4bn London listing in what would be a major boost for the capital’s stock exchange. TDR Capital, which also owns Asda, is eyeing up the initial public offering (IPO) despite a dearth of high-profile listings in recent years, City AM understands. The private equity firm snapped [...]

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