Bank of England to ‘tolerate slow return’ to inflation target as interest rates held June 18, 2026 The Bank of England has said it will tolerate a delay in getting inflation back to its two per cent target as it held interest rates at 3.75 per cent in a split Monetary Policy Committee (MPC) decision. Bank officials said they were closely monitoring the outcome of a peace deal being struck between the [...]
Tesco fuel sales drag up slowing growth June 18, 2026 Tesco has revealed a nearly 20 per cent boost in fuel sales as the Iran war sends petrol prices soaring, dragging up otherwise slowing revenue. The FTSE 100 supermarket saw fuel sales jump by 19.5 per cent to £1.7bn in the three months to May, while total sales growth slowed to one per cent to [...]
Small businesses can help solve defence procurement June 17, 2026 A neutral vendor model for defence procurement will solve issues of scale, reduce bureaucracy and reduce the risks of engagement for all sides, says Rob Levene John Healey and Al Carns may have quit, but the final answer to the question that triggered their exits as defence secretary and armed forces minister has been left [...]
Industry warns Iran war spike to come as food inflation falls June 17, 2026 The surprise drop in food and drink inflation seen in May is likely to be short-lived, as the impacts of the war in Iran are due to take hold, leading industry figures to warn. The rate of inflation of food and non-alcoholic drinks fell from three per cent in April to 2.2 per cent in [...]
Inaction on abusive legal actions is a SLAPP in the face June 16, 2026 Everybody should have the protection they need to speak to truth to power. That’s why we must reform Strategic Lawsuits Against Public Participation, abusive legal actions used by powerful or wealthy individuals or organisations to stifle critical speech, say Baroness Stowell and John Whittingdale Like many others, we watched the King’s Speech last month with [...]
Optimum Asset Management’s Investor Summit in Portofino brings together Mike Pompeo, Matteo Renzi and leaders across government, finance and industry to discuss the future of the global economy and geopolitics June 16, 2026 Mike Pompeo addressed geopolitical risks including China, Iran, Ukraine and Europe-US security cooperation. Matteo Renzi, Edoardo Rixi and senior government representatives joined discussions on European competitiveness, infrastructure and energy. The summit convened institutional investors, entrepreneurs and financial market professionals to discuss the future of the global economy.
British forces intercept Russian shadow fleet in Channel June 14, 2026 British armed forces have intercepted a Russian shadow fleet oil tanker in the English Channel during the early hours of Sunday morning, the prime minister has said. In an operation lasting six hours, Royal Marine Commandos, alongside specialist officers from the National Crime Agency, intercepted the oil tanker in the Channel. The operation marks the [...]
Reform UK vows to raise VAT threshold to £150,000 June 10, 2026 Reform UK has announced it would raise the VAT threshold for small businesses from £90,000 to £150,000 despite long-running debates over the cost and benefits of reforming the tax. Reform announced on Wednesday it would create a “fair deal for the White Van man” by increasing the VAT registration threshold to £150,000. The party said [...]
UK Government warns Joe Joyce against travelling to Russia for Moscow fight June 9, 2026 The UK Government has warned Joe Joyce against travelling to Russia after the British heavyweight boxer agreed to fight Artem Suslenkov in Moscow next month. The 2016 Olympic silver medallist will head to the 14,000-capacity VTB Arena next month to take on the unbeaten Suslenkov, from Volgograd, amid Russia’s continued military operation in Ukraine. Vladimir [...]
IGI President & CEO Waleed Jabsheh to Present at the 16th Annual East Coast IDEAS Investor Conference on June 10, 2026 in New York City June 9, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that President & CEO Waleed Jabsheh will present at the East Coast IDEAS Investor Conference on Wednesday, June 10, 2026 at The Westin Times Square in New York City. IGI’s presentation is scheduled to begin at 10.35 am Eastern Time. There will [...]