One in three defence firms ‘can’t find graduates to hire’ June 11, 2026 Nearly one in three defence firms can’t find graduates to hire despite a youth unemployment crisis, a new report has found, as universities have been urged to work more closely with businesses. Research by the University of Manchester and CBI Economics has suggested that skills shortages among young people has made it more difficult for [...]
How The Macallan mastered the long game June 11, 2026 This month’s issue of Whisky Business, City AM’s monthly look at the world of whisky, takes a look at The Macallan and its unique ownership structure. The Macallan is one of the most iconic Scotch whisky brands, having carved out a niche for itself at the luxury end of the market. Bottles have consistently broken records at [...]
Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.50 Per Common Share June 10, 2026 Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors (the “Board”) declared a regular quarterly cash dividend in the amount of $0.50 per share of common stock. The dividend will be payable on July 31, 2026, to stockholders of record at the close of business on July 23, 2026. [...]
London Tech Week day three: Workers are adopting AI quicker than their bosses June 10, 2026 How is AI changing the future of the workplace? Russ Shaw reports from day three of London Tech Week.
Government sets out conditions for unlocking ‘trapped capital’ in defined benefit pension schemes June 10, 2026 The government has published a consultation setting out conditions on freeing ‘trapped’ capital from defined benefit pension schemes, in a bid to keep pace with the rapidly changing pension landscape and free up greater amounts of capital. The consultation, published on Wednesday by the Department of Work and Pensions, set out plans to give trustees [...]
For all their charm, digital banks still leave me tearing my hair out June 10, 2026 I admire London’s digital banks. But three events in the past month have made me realise I’m not parting ways with my high street bank any time soon. The first was dodgy transactions that started showing up on my Revolut account. I was being charged for random TfL tube journeys. I had a feeling this [...]
Rod Bransgrove: Hampshire saviour hailed by new owners GMR as he steps down June 10, 2026 Hampshire Cricket’s new owners, Indian group GMR, have hailed Rod Bransgrove after the long-serving chairman stepped down in the wake of their full takeover. GMR, which also owns the Indian Premier League franchise Delhi Capitals, this month acquired the final shares in the club as part of a staged £120m buyout agreed in September 2024. [...]
‘AI is not killing all these jobs’: LinkedIn boss on UK hiring slump June 10, 2026 Hiring in the capital is down 32 per cent from January 2019, a steeper fall than in any other region tracked by LinkedIn, as higher interest rates and corporate cost-cutting weigh on firms that dominate London’s labour market. Across the UK, hiring has slowed by 24 per cent on pre-pandemic levels and 10 per cent [...]
Real Madrid underline financial power by signing new €1bn kit deal with Adidas June 10, 2026 Real Madrid have received a financial boost after signing a new eight-year kit deal with Adidas that is believed to be the most lucrative in world football. The 15-time European champions and the German sportswear behemoth have opted for an early extension to their partnership, which will now run until at least 2034. Real Madrid’s [...]
Workspace slashes dividend as profit plummets amid new boss’ shake-up June 10, 2026 Real estate group Workspace slashed its dividend in the latest financial year as the firm plunged to a hefty loss. The FTSE 250 company posted a £120.5m loss before tax, from £5.4m last year, which was driven by nearly £160m in write-downs of property valuations amidst a changing strategy. New boss Charlie Green – who [...]