Heatwave fans demand for aircon stocks Investing Investors have been piling into air conditioning stocks as global heatwaves and the spread of data centres drive demand for cooling systems. Shares in global leading heating, ventilation, and air conditioning (HVAC) firms have recorded sharp increases in recent months, with Tokyo-listed Daikin Industries up 23.91 per cent to 24,050.00 yen (£118.50) since the start [...]
Wimbledon property market drops ball ahead of Grand Slam Property Wimbledon’s property market has suffered an unforced error ahead of next month’s Grand Slam, as house prices slip in spite of the world-renowned tournament. Home to the world’s most prestigious tennis tournament, prices in the south-west suburb have fallen by almost 12 per cent over the last year, according to research conducted by independent estate [...]
Gousto puts 290 jobs at risk in warehouse closure Retail 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 [...]
Ticket reseller StubHub UK fined nearly £1m for hiding fees June 23, 2026 Ticket reseller StubHub UK has been ordered by the watchdog to cough up nearly £1m for hiding mandatory extra fees from customers. One of the UK’s largest ticket marketplaces has been fined £900,000 by the regulator for failing to display the total price upfront to fans purchasing tickets. The Competition and Markets Authority (CMA) found [...]
Ryanair hands O’Leary six-year extension June 19, 2026 Ryanair boss Michael O’Leary is set to remain in his role as chief executive for another six years after agreeing a fresh contract with the budget airline, including an enormous pay packet that could see him handed 10m additional shares. The Dublin-based carrier said the veteran chief executive’s contract will run until April 2032, following [...]
High streets score big after England World Cup win June 18, 2026 British retailers are celebrating England’s opening World Cup victory after football fever boosted high street footfall. High street retailers scored an 8.6 per cent increase in footfall, with overall footfall across all UK retail destinations up 4.2 per cent, new data from property tech firm MRI Software has revealed High streets became busier during the [...]
Jaguar Land Rover eyes cost-cutting and wealthy buyers in cyber attack recovery June 17, 2026 Jaguar Land Rover (JLR) plans to cut costs by £1.7bn and appeal to wealthy American petrol heads in a bid to recover the cost of last year’s devastating cyber attack. The British car maker, which owns brands including Range Rover and Defender, announced plans to tap into growing demand for luxury products and cater to [...]
Inheritance tax enquiries surge to six-year high after HMRC clampdown June 17, 2026 Tax authority probes into households’ inheritance tax returns have surged to a six-year high, after a government-led crackdown on avoidance and non-compliance. HMRC opened a total of 4,940 formal inheritance tax enquiries over the last financial year, according to new data obtained by chartered accountants Price Bailey, an 18 per cent increase on the previous [...]
Associated British Foods toasts approval for £75m Hovis takeover June 16, 2026 FTSE 100 giant Associated British Foods has been given the green light for a £75m takeover of Hovis, creating the UK’s biggest bread brand. Associated British Foods (ABF) has been cleared to snap up Hovis after the competition watchdog accepted that the foods giant would likely exit the bakery sector in Great Britain and Northern [...]
