Jet fuel shortage looms as government scrambles to secure supplies April 29, 2026 The government is scrambling to secure UK airlines’ emergency access to jet fuel as global shipments fall to their lowest level on record. Global shipments of jet fuel have fallen to their lowest level on record, as the blockage to the Strait of Hormuz threatens to suffocate supply to the world’s airlines. Under 2.3m tonnes [...]
UK cannot ‘outsource AI future’, says Netcompany boss April 29, 2026 The boss of Danish tech firm Netcompany has warned that Europe must build its own AI platforms, or risk handing control of its data to the US or China. André Rogaczewski, chief executive of Netcompany, told City AM that AI sovereignty is now a strategic issue for businesses and governments. “Technology is a battlefield”, he [...]
Creating space for culture in the Eastern City April 29, 2026 The Eastern City BID is delighted to announce the opening of Hypha x Eastern City Studios, a new gallery and events space at 130 Fenchurch Street. This previously empty retail unit has been transformed through a partnership with Aviva Investors and CO-RE, alongside specialist charitable partner Hypha Studios. The space will host a year-round programme, [...]
Newcastle United’s Saudi owners in town for stadium discussions April 29, 2026 Newcastle United’s Saudi Arabian owners are on Tyneside this week to discuss the future of St James’ Park and plans for a £100m boost. Whether the Premier League club redevelop their famous ground or build a new one in the adjacent Leazes Park remains a contentious point for the club’s ownership and fanbase. But a [...]
European Commission (EC) Approves Henlius and Organon’s POHERDY® (pertuzumab), the First Approved Biosimilar to PERJETA (pertuzumab) in Europe April 29, 2026 Shanghai Henlius Biotech, Inc. (2696.HK), and Organon (NYSE: OGN) today announced the European Commission (EC) has granted marketing authorization for POHERDY® (pertuzumab) 420 mg/14 mL injection for intravenous use, the first and only approved biosimilar to PERJETA (pertuzumab) in Europe, for all indications of the reference product.1 This press release features multimedia. View the full [...]
2026 World Cup prize money boosted as Fifa counts on $11bn revenue bonanza April 29, 2026 Fifa has topped up prize money for the 2026 World Cup after teams raised concerns about the cost of competing in a tournament that spans the US, Canada and Mexico. Football’s world governing body has approved an increase in total payouts from the $727m it announced in December to $871m, raising the guaranteed sum for [...]
Lloyds fires bank tax warning shot as industry ‘ripe for cash grab’ April 29, 2026 Lloyds Banking Group has warned the Treasury not to look at the banks for a tax raid as the industry sets its sights on booming profits in 2026. The FTSE 100 giant beat profit expectations by a cool £200m in the first-quarter after booking £2bn. This was also followed up by an upgrade to its [...]
Brits booking holidays last minute over Iran war fears, says Jet2 April 29, 2026 Budget airline Jet2 said Brits are leaving holiday bookings until the very last minute as the Iran war threatens to wreak havoc on summer tourism plans. The UK’s third-largest package holiday provider said on Wednesday: “Since commencement of the conflict in the Middle East, the booking profile has become increasingly close to departure.” But the [...]
Airport warning over ‘full’ Heathrow as transfer traffic takes off on Iran war April 29, 2026 London’s main gateway to the world and the UK’s busiest airport issued a forthright warning over its capacity on Wednesday, as war in the Middle East meant demand for flight transfers took off. “Heathrow is full”, said its chief financial officer, Sally Ding. She spoke out alongside the release of first-quarter numbers which revealed 18.9m [...]
Expect Rum to pack a punch before King is crowned April 29, 2026 SATURDAY features the first British Classic of the season, Newmarket’s 2000 Guineas (3.35pm), which also marks the first World Pool fixture of the year in the UK and Ireland. Much of the build-up has centred around Aidan O’Brien’s string of potential contenders, but his grip on the race has slipped since he last won it [...]