Big Tech wants a slice of the fashion world. But why? May 6, 2026 From Amazon to Meta, Big Tech is snapping up Met Gala tables and Vogue covers, but why, asks Anna Moloney.
Could jet fuel shortages stop fans going on holiday to Fifa World Cup? May 6, 2026 Fans could stay away from next month’s Fifa World Cup as jet fuel shortages cause price hikes and travel uncertainty, experts have warned. The World Cup is being staged across North America with the United States, Canada and Mexico acting as co-hosts, but issues stemming from President Trump’s conflict with Iran could limit the numbers [...]
‘Frightening’: Middle-earning grads could end up paying nearly triple the student loan they took out May 6, 2026 Graduates earning a middle income are the most likely to end up paying the most for their student loans, as UK grads continue to buckle under mounting uni debt. Those starting their careers or salaries ranging from roughly £45,000 to £50,000 can end up repaying more than other graduates, according to analysis from Rathbones, as [...]
Sky Sports sign £1bn Formula 1 deal to freeze out Netflix and Apple May 6, 2026 Sky Sports have moved to secure Formula 1 rights in a £1bn deal that freezes out Netflix and Apple. The rights upgrade sees the partnership between the British broadcaster and global motorsport series extend an existing deal that already ran to 2029 through to 2034. Sky became the home of Formula 1 in 2019. The [...]
Exclusive: Deliveroo software engineers hand coding to AI agents May 6, 2026 Deliveroo software engineers are almost fully letting AI agents write their code, with one employee telling City AM they have barely coded manually for almost a year as the food delivery giant embraces ‘agentic’ workflows. The London-listed firm is among a growing number of tech firms rapidly evolving software engineering roles around AI, as developers [...]
Griffin’s Citadel to swerve New York after mayor’s wealth tax campaign May 6, 2026 Hedge fund juggernaut Citadel has diverted investment earmarked for New York to its Miami headquarters, founder Ken Griffin has said, after the city’s socialist mayor filmed a video promoting a new ‘pied a terre’ wealth tax outside the billionaire’s $285m penthouse. Griffin told CNBC that because of mayor Zohran Mamdani’s social media clip, his $67bn [...]
Fifa defends World Cup ticket prices: ‘We had to apply market rates’ May 6, 2026 Fifa president Gianni Infantino has defended the price of tickets at this summer’s World Cup, insisting football’s world governing body “had to apply market rates”. Tickets for the tournament are the most expensive in its history and have triggered a wave of criticism, including a formal complaint from a fans’ group to the European Commission. [...]
FTSE 100 banks are facing £2.5bn of headwinds – HSBC and Barclays are in the firing line May 6, 2026 The FTSE 100’s Big Five banks toasted a healthy profit stash in the first-quarter, but, says Samuel Norman, storm clouds are gathering on the horizon for the sector. The London market’s five biggest banks swallowed a bitter cocktail of economic risks in the first three months of the year leaving a bumper cash haul overshadowed [...]
City watchdog probes Mastercard, Visa, Paypal for alleged anti-competitive conduct May 6, 2026 The City watchdog has confirmed it is investigating a trio of payments giants over alleged anti-competitive conduct. The Financial Conduct Authority (FCA) will probe Mastercard, Paypal and Visa under the Competition Act 1998 regarding its suspected conduct related to the “funding and usage” of Paypal’s digital wallet. Paypal’s digital wallet is an app-based system that [...]
WH Smith successor to shut 150 stores in ‘aggressive’ restructuring May 6, 2026 The owner of WH Smith’s former high street stores is set to shut as many as 150 of them as part of an “aggressive” overhaul which will put jobs at risk. Modella Capital bought the stationer’s 480 high street stores for £40m last year, and is now set to shut more than a quarter of [...]