Services industry falters as activity plummets amid Iran conflict fallout June 8, 2026 The UK’s services sector’s economic activity and performance declined sharply last month as fallout from the Iran conflict continues to impact businesses, according to new figures. According to data on the latest business trends from accountancy and advisory firm BDO, a drop in sales and fragile client confidence led to a drop in the services [...]
Labour warned not to kill off hybrid jobs millions rely on June 7, 2026 Labour has been warned not to “regulate flexible jobs out of existence” after new polling found two-thirds of part-time workers chose their role specifically because it offered flexibility around childcare or studying. The intervention from the British Retail Consortium (BRC) comes as ministers press ahead with plans to overhaul zero-hours contracts and force employers to [...]
Asana Unveils Operating System for Human-Agent Teams June 4, 2026 Agentic Work Management solves the AI productivity gap; Organizations can run critical work with humans and agents on the same plan, with the same context, under the same governance Asana announces next generation AI Teammates purpose-built for industries and Asana Dash, an AI Chief of Staff for every user that knows your individual goals, priorities and what needs your attention New apps coming soon: Asana Service Management for IT, Command by Asana for Builders, and Asana Client Management for Professional Services
Debenhams shares boom as long-awaited turnaround bears fruit June 3, 2026 Debenhams shares soared after the fast-fashion retailer returned to growth, in a suggestion that the firm’s long-awaited turnaround is beginning to take hold. The firm, which is listed on the AIM market as Boohoo, said on Wednesday that its sales were up by 0.5 in the first three months of this year, prompting its shares [...]
CoStar Data Shows Birmingham Posted Highest Retail Investment Volumes Since 2016 June 3, 2026 Shopping centre sales pushed Birmingham retail investments to a 10-year high, 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/20260603350136/en/ The rolling 12-month average quarterly volume reached £202 million to the end [...]
‘Difficult year’ for discount retailer B&M as profits fall almost a half June 3, 2026 A series of updates from London-listed retailers has light on the battle for sales between online and traditional outlets, with household spending under pressure, writes Michael Hunter. FTSE 250 retailer B&M has revealed a drop of almost a half in annual profit in what it called a “difficult year”. It was the most eye-catching piece [...]
Space X bumps back to earth as analysts slash value June 3, 2026 Morningstar analysts have valued Space X at $780bn (£579.9bn), a figure less than half of what the company is reportedly aiming for in its upcoming initial public offering. The valuation comes roughly 48 per cent below its private market valuation, with Elon Musk’s company looking for a valuation between $1.7 trillion and $2 trillion. The [...]
Is it time to change how we measure inflation? June 3, 2026 Measures of inflation are hugely influential on policy but struggle to account for the pace of technological innovation, says Paul Ormerod During this decade, the rate of inflation has become a key factor in determining living standards. Many benefits are linked to it. It sets a marker for wage demands. And when it goes up, [...]
TG Jones owner Modella puts jobs at risk in shoe retailer overhaul June 2, 2026 Modella Capital is set to put hundreds of jobs on the line as it pursues its latest drastic restructuring, this time of northern shoe seller Wynsors World of Shoes. The private equity firm which owns hundreds of former WH Smith stores has briefed staff on its plans for an overhaul at the shoe retailer it [...]
Ocado shares rocket after striking Asda home deliveries deal May 29, 2026 Supermarket giant Asda has struck a deal with Ocado for the grocery technology company to take over all home deliveries from next year, as it looks to completely overhaul its online shopping business. Ocado will “quickly replace and upgrade” Asda’s existing e-commerce structure, taking control of the supermarket’s delivery operations form stores and warehouses from [...]