‘Hard work ahead’: Diageo shares soar as Drastic Dave’s cost savings lift investor spirits August 6, 2026 Diageo shares jumped as much as eight per cent on Thursday after the London drinks giant vowed to deliver as much as $850m (£631m) in cost savings, as new boss Dave Lewis vowed to turn around the firm’s fortunes. The FTSE 100 owner of Guinness, Johnnie Walker and Tanqueray reported a three per cent dip [...]
Andy Burnham is on course to rack up the second highest debt interest bill on record August 6, 2026 Britain’s national debt has reached £3 trillion. We can’t go on like this, says Anne Strickland Andy Burnham has been Prime Minister for just over a fortnight and in that time, Britain’s national debt crossed the unimaginable £3 trillion mark, according to the Taxpayers’ Alliance Debt Clock. It took us 11 years to go from [...]
TfL greenlights Wayve’s autonomous vehicles in the City August 6, 2026 Transport for London (TfL) has granted British autonomous driving firm Wayve a licence to operate its cars in the City, a move which will see robotaxis will make their first appearance in the capital later this year. Wayve said on Wednesday that TfL has approved a fleet of autonomous Ford Mustang Mach-E vehicles to operate [...]
Great Britain Leads Europe’s FMCG Inflation as NIQ Launches New Inflation Barometer August 6, 2026 NIQ (NYSE: NIQ) today launches its new EU5 FMCG Inflation Barometer – a monthly tracker across five Western Europe markets – France, Great Britain, Germany, Italy and Spain – designed to help retailers, manufacturers and the media understand how inflation is evolving across Europe’s largest grocery markets and how shoppers are responding. This press release [...]
CoStar Data Shows Strong Prelet Activity Driving UK Lab Space Demand to a Record High August 6, 2026 GSK’s landmark life sciences prelet drove UK laboratory space demand to a new record, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260806333297/en/ Rolling four-quarter take-up exceeded 1.2 million square feet in [...]
Fifa crisis: Is it possible to defend Infantino’s World Cup sell-off plan? August 6, 2026 Crafting a defence of Infantino isn’t easy, but it is possible to assemble both a behavioural excuse and a commercial justification for the Fifa president’s plan to sell stakes in the World Cup. One newspaper evocatively likened Gianni Infantino to Icarus at the weekend after his proposal to sell stakes in the World Cup melted [...]
Is it ever ok to wear shorts to the office? August 6, 2026 During a long, hot summer in the capital, an age- old debate has reared its head: should men ever wear shorts to the office? James Ford explains why it is never, ever ok. No. It isn’t. Not even in a heatwave. End of. Full stop. At the risk of incurring my editor’s ire, I’m tempted [...]
Starling plans to ‘come out swinging’ in diversification bid August 6, 2026 Bernadette Smith has a spring in her step as she sits down in Starling’s headquarters to discuss her new role. The fintech’s new banking boss is buzzing with energy that she wants to pass onto customers and investors. “I want everyone to be talking about us,” she says, envisaging how she will measure success in [...]
Tritax Big Box taps investors for £350m London data centre splurge August 5, 2026 Listed real estate investor Tritax Big Box has revealed plans to raise £350m through a new share issue to pump into the construction of London data centres. The FTSE 100 company told investors it had nearly doubled its pipeline of grid connection agreements to 507 megawatts and would use the fresh funding to “unlock the [...]
TA Portfolio Company Gong cha to Be Acquired by Bain Capital August 5, 2026 TA Associates (“TA”), a leading global private equity firm, today announced that Bain Capital Private Equity, LP. (“Bain Capital”) has entered into an agreement to acquire Gong cha, one of the world’s fastest-growing global tea brands. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260805769603/en/ Since TA’s investment in 2019, Gong cha has [...]