Formula 1 worth £12bn to UK economy as Silverstone rakes in £100m July 2, 2026 Formula 1 boosts the UK economy by £12bn every year, according to new figures revealed ahead of this weekend’s British Grand Prix at Silverstone. The wider impact in the UK of the elite motor racing series – 10 of whose 11 teams are headquartered in the country or have operational bases on these shores – [...]
Square Mile Irish pub to be converted into youth hostel July 2, 2026 A Square Mile Irish pub is set to be converted into a youth hostel in the latest sign of the City’s gradual transformation from a work district to a visitor destination. Feeney’s pub, near Fenchuch Street station, as well as the offices above the pub, will be replaced by a “contemporary tourist hotel and hostel [...]
Barclays, HSBC, Lloyds, and NatWest among the first banks in the world to adopt new Swift framework for enhanced international consumer payments July 2, 2026 Barclays, HSBC, Lloyds and NatWest will be among the first financial institutions in the world to go live with a new global initiative transforming the experience for people sending and receiving international transfers.
Interest rate cut is ‘off the table’, says Bank of England governor July 2, 2026 Andrew Bailey has said cutting interest rates is “off the table at the moment” in the clearest sign yet borrowing costs are likely to stay elevated for the rest of the year. The Bank of England governor said on a panel at the European Central Bank’s annual conference in Portugal that inflationary pressures following the [...]
Ben Stokes bombshell shows how power has swung to sport’s players and coaches July 2, 2026 Social media has allowed the likes of Ben Stokes to control their own narrative but we are no nearer to knowing the truth, says Ed Warner. Truth is a pliable concept, capable of being moulded to suit the interests of the individual, and a battleground for competing narratives. Perspective is not all; volume and reach [...]
Olympia developer: Britain’s planning system doesn’t reward delivery July 2, 2026 Property hotshot John Hitchcox tells us about his career, from doing up flats in his 20s to leading the £1.3bn regeneration of Olympia London.
The greatest comms challenge facing business leaders today July 2, 2026 To regain public trust, businesses must ditch the glossy, say-nothing comms and be honest with consumers about the messy reality.
Inside Arabian Falcons: The Dubai football side managed by Jonjo Shelvey July 2, 2026 Arabian Falcons have just re-signed Jonjo Shelvey as their manager, with the Dubai football team boasting off-pitch figures such as Jason Puncheon. Matt Hardy investigates Hear someone discussing Arabian Falcons and it would be easy to assume they were talking about either the Peregrine or the Saker – two heritage symbols of the Middle East [...]
Burnham tax plans spark investor rush to bank capital gains July 2, 2026 Entrepreneurs and savers are rushing to bring forward the sale of their businesses or take profit on investments in anticipation of Andy Burnham’s rumoured plans to fund his ambitious devolution agenda by equalising capital gains tax with income tax. Tax and financial advisers reported a sharp uptick in client enquiries on the likely Prime Minister’s [...]
Wayve hands London private market ‘major boost’ with $85m share sale July 1, 2026 Wayve has handed London’s fledgling private markets platform a major boost after unveiling an $85m (£63m) employee share sale. In what has been labelled a “major boost” for the City’s efforts to keep tech firms on home soil, the British autonomous driving unicorn will use the London Stock Exchange’s new Private Intermittent Securities and Capital [...]