Turbulence for Luton as court decides if expansion project can leave the ground May 19, 2026 The Court of Appeal will today hear a challenge to the government-approved expansion of Luton Airport from an environmental group over whether the development should have been green-lit last year. The dispute was escalated to the appeals court by the campaign group, Luton And District Association for the Control of Aircraft Noise (LADACAN), who brought [...]
‘Downright offensive’: Southwark council slammed for blocking 900 homes May 19, 2026 Southwark council has been blasted for celebrating the blocking of an 867-home development on the site of a Peckham shopping centre. The local authority hailed a “great day for Peckham” after housebuilder Berkeley failed to overturn a ruling against the development, which would have delivered retail, leisure and commercial space alongside the hundreds of homes. [...]
Standard Chartered bets on AI as it cuts ‘lower value human capital’ May 19, 2026 Standard Chartered has announced plans to slash almost 8,000 back-office roles, stoking fears about the wide scale threat artificial intelligence poses to the global job market. The London-headquartered lender said it would reduce over 15 per cent of its support functions by 2030, equivalent to around 7,800 jobs, as boss Bill Winters pushed through a [...]
Zopa first UK bank to be green lit to roll out targeted support May 19, 2026 Zopa Bank has received regulatory approval to roll out targeted support for its investment customers, marking it as the first UK bank to get the green light. The bank joins a range of financial firms, including Royal London, Quilter and Vanguard, which has secured targeted support permissions since the scheme went live on 6 April. [...]
Millions of Brits face retirement ‘cliff-edge’ after not saving enough May 19, 2026 Millions of Brits are not saving enough to retire, leaving them facing a significant ‘cliff-edge’ upon leaving the workforce, a government-backed report has warned. The Pensions Commission, which was revitalised by the government to address the savings shortfall across the UK, said 15m people are not currently saving enough for retirement. The group warned this [...]
Old Spanish Hen? Estrella snaps up Greene King beer brand in UK expansion May 19, 2026 The British arm of Spanish beer giant Estrella is set to snap up Greene King’s iconic Old Speckled Hen beer as it continues to expand in the UK. Damm UK, the British arm of Barcelona based brewer S.A. Damm – which owns Estrella – will take on the entire line of Old Speckled Hen beers, [...]
The 2026 London Craft Week China Pavilion opens: Eastern craftsmanship blooms in the new era and women’s ingenuity spreads the beauty of China May 19, 2026 On May 12th, the China Pavilion of the 2026 London Craft Week officially opened at the Royal Mint Court in London. With the theme of Those Who Make China Beautiful, this year’s China Pavilion focuses on Chinese female handicraft creators and intangible cultural heritage inheritors. The exhibition featured wedding costumes, ethnic embroidery, auspicious patterns, and [...]
Dr Martens shares rocket after kicking down costs May 19, 2026 Dr Martens shares rocketed in early morning trading on Tuesday, after sharp cost-cutting across the business delivered significant profit growth. Shares in the shoemaker soared 8.5 per cent in early trading to 69.8p, with shares up 22.1 per cent over the last year, following its latest annual results. But the share price remains down 7.4 [...]
Monzo’s profit rockets as customer base grows by a quarter May 19, 2026 UK fintech darling Monzo posted a mammoth profit jump in the last financial year as its customer base swelled. The neobank’s pre-tax profit came in at £87.3m, 44 per cent higher than the £60m scored in 2024. The increase came as revenue stormed 40 per cent higher to £1.7bn. Monzo’s total users ballooned 25 per [...]
Tortilla Mexican Grill admits multi-million accounting blunder May 19, 2026 Shares in Tortilla Mexican Grill tumbled in early trade on Tuesday after the firm admitted to a multi-million pound accounting blunder. The AIM-listed business said it identified £2.5m of spending in its French arm which was “not expensed through the profit and loss account,” meaning it previously overstated its profits for 2025 and in doing [...]