London house prices fall as Bank of England rate hikes loom over mortgage market June 5, 2026 Fresh insight into the UK’s lacklustre housing market revealed price declines for London and the South East on Friday, while the overall national rate of increase halved for May The closely-watched Halifax House Price Index was released with mortgage holders and would-be home buyers eyeing interest rate rises from the Bank of England (BOE). The [...]
Place your bets: Will Starmer stay in No 10 longer than England stay in the World Cup? June 4, 2026 He’s faced a difficult few weeks amid mounting scrutiny over his team selection and doubts over his wider strategy after a string of poor performances. If England bow out at this summer’s World Cup, will he survive? No, we’re not talking about team manager, Thomas Tuchel, but the beleaguered Prime Minister Keir Starmer. It’s been [...]
In 23 months Labour has dragged the UK economy to its knees June 4, 2026 Reading our interview with billionaire John Caudwell, in which he says he was “misled” by Labour’s pitch for power, I’m reminded of just how unambiguous Keir Starmer and Rachel Reeves were in the run-up to the 2024 election. They promised to be “the most pro-business government this country has ever seen.” Some of us were [...]
Debenhams shares boom as long-awaited turnaround bears fruit June 3, 2026 Debenhams shares soared after the fast-fashion retailer returned to growth, in a suggestion that the firm’s long-awaited turnaround is beginning to take hold. The firm, which is listed on the AIM market as Boohoo, said on Wednesday that its sales were up by 0.5 in the first three months of this year, prompting its shares [...]
Billionaire Labour backer John Caudwell: I was misled by ‘disastrous’ Starmer June 3, 2026 Billionaire John Caudwell has said he was “misled” by Keir Starmer’s Labour Party and revealed that he hopes to once again back the Tories at the next election. The entrepreneur and philanthropist said there is “no chance” of him voting Labour at the next election, which he says the government is bound to lose. Labour [...]
‘Difficult year’ for discount retailer B&M as profits fall almost a half June 3, 2026 A series of updates from London-listed retailers has light on the battle for sales between online and traditional outlets, with household spending under pressure, writes Michael Hunter. FTSE 250 retailer B&M has revealed a drop of almost a half in annual profit in what it called a “difficult year”. It was the most eye-catching piece [...]
Freddie’s Flowers losses double after firm shuts London warehouse June 3, 2026 Freddie’s Flowers has incurred a more than doubling of its pre-tax losses after the firm closed its warehouse amid an outsourcing of operations. The London-based flower subscription business, which began operations in a gazebo in the garden of a residential street, posted a pre-tax loss of £2.1m in the year to August 2025, compared to [...]
This is why the City’s fintech IPO boom hasn’t happened yet June 3, 2026 Hopes remain high for a flurry of fintech listings, in this week’s column Samuel Norman takes a look at whether this could come to fruition and what could be holding it up. City officials have pinned a hefty portion of their hopes for a London Stock Market revival on the nation’s fintech stars. Rachel Reeves [...]
Music bosses pass Tory blame to Labour over ticket tout row June 2, 2026 When Labour announced plans last November to cap ticket resale prices, many in the live music industry thought a campaign that had dragged on for nearly two decades was finally approaching a conclusion, writes Saskia Koopman. The government pledged to make it illegal to resell tickets above face value, cap fees charged by resale platforms [...]
How do you teach a robotaxi London? Waymo explains June 2, 2026 Before Waymo launches a commercial robotaxi service in London, it needs to teach its vehicles more than just how to drive on the left, writes Saskia Koopman. Waymo, the Alphabet-owned autonomous driving company, has spent months testing vehicles across the capital ahead of a planned commercial launch. The robotaxi giant has been testing in London [...]