‘Grinding it out’: Ibstock swings to loss and cuts dividend amid building slump August 5, 2026 One of the UK’s biggest brickmakers has bemoaned a ‘challenging’ housebuilding market as it slashed its dividend and swung to a loss. Leicestershire-based Ibstock, which is London’s second most shorted stock with a reported short interest of 12.9 per cent, posted a loss of £27m for the first six months of the year, down from [...]
Next hikes targets as heatwave boosts sales August 5, 2026 Next has upgraded its profit targets for the year after breezing past second quarter expectations, putting its shareholders in line for a bumper payday. The FTSE 100 retail giant hiked its pre-tax profit expectations for 2026 to £1.24bn, around £25m higher than previously estimates. If achieved the figure would mark 7.3 per cent growth on [...]
Ask the expert: How do I avoid double tax on my pension? August 5, 2026 Got a question for our expert? Email asktheexpert@cityam.com Fidelity personal financial specialist Marianna Hunt is back on hand to answer your burning questions, and today a reader is looking to avoid the incoming double tax blow. Q: I’m hoping to retire soon and am just deciding where I will draw my income from. I had [...]
David Brent was supposed to be a satire, now he looks like a model for political leaders August 5, 2026 Attention-seeking, self-absorbed and desperate to be liked, David Brent was meant to embody everything a leader should not be – but today’s media landscape rewards the very qualities Ricky Gervais satirised, says Tim Focas A Tiktok clip has gone viral for comparing Andy Burnham to David Brent. His cheesy mannerisms, dad dancing and guitar playing [...]
Gary Lineker forks out £10k to save England World Cup dream August 5, 2026 Gary Lineker and a group of private backers have come to the rescue of the England men’s amputee team while the Football Association refuses to fund them. The governing body stopped its financial support in 2006 and, despite now backing seven para teams, still excludes the amputee side. The England team, Nations League winners in [...]
Heineken-owned pubs group faces probe over eviction threat August 5, 2026 One of the UK’s biggest pub chains is facing a potential probe by the UK’s pubs watchdog after it threatened to evict one of its London tenants. Star Pubs, which operates more than 2,000 sites across Britain and is owned by Dutch brewing titan Heineken, has been told it will be referred to the Pubs [...]
IFF Reports Second Quarter 2026 Results; Announces Use of Proceeds Plan for Food Ingredients Divestiture August 4, 2026 Delivered Strong Sales, Profit and Cash Flow Performance in Second Quarter 2026 Provides Full Year 2026 Financial Guidance on a Continuing Operations Basis Announces Enhanced $2.5B Share Repurchase Authorization; Including $500M Accelerated Share Repurchase in the second half of 2026
Twilight and Thunder the Calls at Shergar Cup August 4, 2026 SOME of the world’s best jockeys will line up at Ascot this Saturday for Flat racing’s annual team competition, the Shergar Cup. This year’s edition looks a high-class one, with the decision to move the Curragh’s Group One Phoenix Stakes to Sunday meaning that both Ryan Moore and Dylan Browne McMonagle are free to compete. [...]
Keep Emit and Cover Up your sleeve for York August 4, 2026 WITH Glorious Goodwood in the rear-view mirror, attention turns to the York Ebor Festival as the next major meeting. Several of the contests from the Knavesmire are already priced up, and there are a few horses that look overpriced. The first of those is COVER UP, who’s currently 16/1 for the Nunthorpe. He caught my [...]
Luton Airport expansion set for take-off after environmental challenge dismissed August 4, 2026 London Luton Airport’s growth plan has received judicial approval after a campaign group’s legal challenge was rejected by the UK’s top court. The Supreme Court has given the plans the green light after dismissing a challenge from Luton and District Association for the Control of Aircraft Noise (LADACAN), which had argued the decision was unlawful [...]