Ocado to replace founder Steiner as shares plunge June 22, 2026 The board of Ocado is on the hunt for a successor to its founder and chief executive, Tim Steiner, as the e-commerce group faces up to a rapidly falling share price. The FTSE 250 firm, which offers online shopping and warehouse automation services, confirmed on Monday that it is putting together a succession plan for [...]
Expect a Goliath performance from French raider in Hardwicke June 19, 2026 SATURDAY’s Royal Ascot card signifies the end of a brilliant five days of action, but there’s still loads of top-class action to get stuck into on the final day. The Group Two Hardwicke Stakes (3.05pm) is always a competitive heat for the older middle-distance horses, and it’s no different with six Group One winners involved [...]
SET Ceramics nominated for Best Newcomer Toast award June 19, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the nominees – this week it’s the team at SET Ceramics. To nominate your favourite Square Mile spots for the 2026 awards, from bars and restaurants to galleries and green spaces, visit the Toast the City website [...]
Hopes rise for decision on Heathrow’s third runway plan June 18, 2026 Hopes for full government backing this summer for Heathrow’s expansion plans were rising on Thursday, with London’s main airport operating on the brink of full capacity. A report in The Times said Prime Minister Keir Starmer’s government is moving to clear the plans before any challenge to his leadership from Andy Burnham, with voting underway in [...]
Interest rates next change ‘far more likely down than up’ June 18, 2026 Interest rates are set to be held on Thursday in what some analysts believe could be a split decision as two Bank of England officials could back a 25 basis point hike. The Bank’s Monetary Policy Committee is widely expected to leave interest rates unchanged at 3.75 per cent, though some members could back a [...]
Starmer: I would make Andy Burnham a Cabinet minister June 17, 2026 Sir Keir Starmer has said he would offer Andy Burnham a “big role in government” if he is elected as an MP in the Makerfield by-election this week. The Prime Minister indicated that the current Manchester mayor would be given a Cabinet role as he said he had “spoken to him many times in recent [...]
Inflation stays below three per cent despite price warning June 17, 2026 Inflation has stayed below three per cent although economists are predicting further price increases later this year. The Office for National Statistics said inflation in the year to May was lower than economists expected with the consumer prices index (CPI) showing a reading of 2.8 per cent. Core inflation, which strips volatile energy and food [...]
Belu Water CEO: What does business as a force for good actually look like? June 17, 2026 Social enterprises prove that a morally good economy is also a prosperous one, says Charlotte Harrington What does “business as a force for good actually look like? The phrase is thrown around all the time. Is it about growing the economy? Helping vulnerable communities? Making sustainable choices in the middle of an environmental crisis? I’ve [...]
My ride in a helicopter over London as Leonardo expands its UK presence June 17, 2026 Helicopter travel is the preserve of London’s elite: Celebrities, billionaires and high flying – if you’ll pardon the pun – City chief executives. Leonardo attracted headlines earlier this year when it secured a £1bn contract to build helicopters for the Ministry of Defence. The company had warned it could shut its UK helicopter manufacturing facility [...]
UK manufacturers facing ‘steel quota cliff edge’ June 16, 2026 Manufacturers are facing a cliff-edge from the government’s incoming steel tariffs that are likely to inflict “huge damage” on the UK economy, Britain’s largest industry body has warned. In a fresh statement, the British Chambers of Commerce (BCC) sounded the alarm on the impact that that new duties on foreign-produced steel will have on importers, [...]