Easyjet shares grounded after revealing £560m hit from Iran war April 16, 2026 Easyjet expects to make a whopping loss in the first half of the financial year after the war in the Middle East led to major disruptions across operations. The budget airline said on Thursday it is forecasting a loss before tax of between £540m and £560m as the industry battles against rising costs. Shares in [...]
Tesco shares jump as profit surges despite Iran ‘uncertainty’ April 16, 2026 Tesco shares jumped in early deals this morning after the retailer reported a better-than-expected profit for the year to the end of February. The supermarket giant made an operating profit of over £3.1bn in the year to February 2026 compared to its own forecasts of between £2.9 and £3.1bn. The supermarket expects to make an [...]
Rory McIlroy, Gout Gout and the search for sport’s elusive heroes April 16, 2026 Rory McIlroy’s back-to-back Masters triumphs have triggered the inevitable mythologising. Destiny fulfilled, demons banished after previous heartbreak, a journey not only completed but now extended. If he was merely the Hero of Hollywood before (that’s Hollywood, County Down not Los Angeles), to many the golfer has now donned the mantle of universal sporting hero along [...]
On this day in 1660: The birth of Sir Hans Sloane, father of the Sloane Ranger April 16, 2026 On this day, 16 April, in 1660, Sir Hans Sloane, whose name would later be lent to London socialite class the Sloane Rangers, was born.
Dolce without Gabbana? What happens after a business breakup April 16, 2026 As Stefano Gabbana steps back from his eponymous brand, Manfredi Ricca asks what happens when a brand's identity is split in two.
The new V&A East Museum is a bold addition to Stratford April 16, 2026 If the purpose of art is to provoke a reaction, the V&A East Museum manages that feat before you’ve even stepped across its threshold. Design studio O’Donnell + Tuomey’s £135m creation is a mad-looking thing, an impossible collection of angles and aspects, animalesque, squatting on its haunches beside Sadler’s Wells and overlooking West Ham’s London [...]
Flagstone boss: Labour tax changes the biggest driver of savers choosing cash over stocks and shares April 16, 2026 Britain’s unpredictable tax landscape means households are choosing to build up war chests of cash over other assets like stocks and bonds, the boss of Britain’s largest savings platform has said in a blow to government efforts to boost retail investing. Flagstone chief executive Arman Tahmassebi said his clients were adding to their cash savings [...]
England World Cup base to get extra security, say Kansas City officials April 16, 2026 Kansas City officials will erect fencing and close roads in order to prevent England from being spied on at their World Cup camp this summer. England will be based in the Missouri city throughout the tournament and will train at Swope Soccer Village, a $20m facility located in the middle of a public park. The [...]
UK launches £500m Sovereign AI fund as Kendall backs ‘British winners’ April 16, 2026 The UK government has unveiled a £500m push to scale domestic AI firms, as ministers step up efforts to anchor the next wave of tech firms on home soil amid growing competition. Tech secretary Liz Kendall is set to launch the new Sovereign AI Unit in London on Thursday, casting it as a central pillar [...]
London Lions CEO: We’d love to be in NBA Europe but we have a reason to exist anyway April 15, 2026 London Lions CEO Lenz Balan on the club’s NBA Europe ambitions and the challenges of making British basketball financially sustainable. “I’m, like, an irrational optimist,” says London Lions CEO Lenz Balan as he explains why he views the impending arrival of an NBA Europe team on his patch as an opportunity, not a threat. The [...]