Chelsea to hand Joao Pedro wage boost as club prepare for tough summer June 3, 2026 Chelsea face a difficult summer ahead following their failure to qualify for Europe, but Joao Pedro is set for a base-salary increase that may help them keep hold of one of their star players. The Brazilian forward – a £60m signing from Brighton last summer – was a rare bright spark in an otherwise gloomy [...]
Is it time to change how we measure inflation? June 3, 2026 Measures of inflation are hugely influential on policy but struggle to account for the pace of technological innovation, says Paul Ormerod During this decade, the rate of inflation has become a key factor in determining living standards. Many benefits are linked to it. It sets a marker for wage demands. And when it goes up, [...]
How Young’s is shrugging off hospitality gloom June 3, 2026 Like many of his Square Mile customers, Young’s boss Simon Dodd knows how to schmooze with booze. Three years ago, the listed pub chain exec invited rival Clive Watson, the founder of City Pub Group, for lunch at Smiths, the top-notch bar and grill atop Smithfield market, for a steak and a glass of wine. [...]
The Debate: Should CEOs be held personally accountable for cyberattacks? June 3, 2026 Is bad management to blame for cyberattacks? And even if not, should bosses be held accountable? We hear the case for both sides.
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 [...]
Report calls for overhaul of horse racing betting industry June 3, 2026 A new report has called for an overhaul of the horse racing betting industry as the sport looks to capture a new audience. The Spotlight Sports Group report, The Horse Racing Audience Opportunity, says that “the sport should concentrate on intuitive betting formats that are easy to understand and move away from offering solely those [...]
XFolio AI Acquires Absolute Payment Solutions to Unify Treasury and Payments for UK Corporates June 2, 2026 XFolio AI (xfolio.ai), a Paris-based treasury and cash management technology group, has acquired Absolute Payment Solutions (APS) (https://www.absolutepayments.com/), one of a select number of Pay.UK-accredited Bacs service providers in the UK. This acquisition creates an integrated platform spanning Bacs and all payment types, open banking, risk management, and treasury—giving UK corporates of all sizes the [...]
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 [...]
Sweet on Sugar to cause huge 50/1 upset in the Oaks June 2, 2026 CONDITIONS will play a major role on Oaks Day, and with a significant amount of rain forecast it looks the time to back those who will act on softer going. I’m taking a massive swing in the Betfred Oaks (4.00pm) given the likelihood of testing conditions, and that’s with SUGAR ISLAND for the Ballydoyle and [...]
Blue Cloud Ventures Announces Final Close of Blue Cloud Ventures V June 2, 2026 With over $1B in assets under management, Blue Cloud Ventures strengthens its commitment to the next generation of AI-driven enterprise software companies