22 months of cuts: Jobs crisis deepens despite growth boost August 5, 2026 A jobs slump across the services sector deepened despite new data suggesting that the UK economy benefitted from a boost to growth. Researchers at S&P Global showed that employment had been cut across the private sector for the 22nd straight month. The overall purchasing managers’ index score for the UK economy, which is a leading [...]
Britain needs a new Richard Branson August 5, 2026 Richard Branson continues to be the best champion the UK has as a place to do business despite founding his first business decades ago. Branson is a global success, but he should have a successor by now, says Philip Salter A few months after England lifted the 1966 World Cup, Sir Richard Branson started working [...]
Gary Stevenson is right, rich people want to help Britain – here’s how to let them do it August 5, 2026 Gary Stevenson and the ‘Patriotic Millionaires’ plan for a wealth tax is the wrong way to get wealth working for Britain. Here’s three much better ideas, says Nick Finegold A fortnight ago, 120 millionaires, including Gary Stevenson and Gary Lineker, wrote to Andy Burnham asking to be taxed more. I do not doubt their sincerity. [...]
Where are Andy Burnham’s economic advisers? August 5, 2026 Andy Burnham’s allies boasted that highly-regarded economists had been lured as advisers. Mauricio Alencar and Ali Lyon report on the non-appointments of some of Britain’s best economists – and what the Prime Minister and Chancellor’s new teams look like. In the end, all it took was a few rumours. In the weeks leading up to [...]
Big bank bosses on alert as tax noise gets louder under Burnham August 5, 2026 Banks have delivered booming profits for the first half of the year. In this week’s column Samuel Norman takes a look at how the calls for a tax rise on the sector will get louder under the new Prime Minister. “The saxophones are getting louder” is the internet’s new saying to depict growing anxiety. If you [...]
IFF Reports Second Quarter 2026 Results; Announces Use of Proceeds Plan for Food Ingredients Divestiture August 4, 2026 Delivered Strong Sales, Profit and Cash Flow Performance in Second Quarter 2026 Provides Full Year 2026 Financial Guidance on a Continuing Operations Basis Announces Enhanced $2.5B Share Repurchase Authorization; Including $500M Accelerated Share Repurchase in the second half of 2026
IGI Reports Second Quarter and First Six Months of 2026 Unaudited Financial Results and Declares Ordinary Common Share Dividend August 4, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the second quarter and first six months of 2026. Highlights for the second quarter and first six months of 2026 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended June 30, Six Months [...]
Techtronic Industries Delivers Strong First Half Performance August 4, 2026 Growing Sales to US$8.3 Billion, Net Profit Increased to US$738 Million
Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan August 4, 2026 Rupert Lowe, the hard right leader of the Restore Britain party, has said he would back scrapping the triple lock pension and ordering three-year freezes on departmental budgets. Lowe, who has mainly focused on the issue of immigration since breaking from Reform UK over a year ago, published a pamphlet outlining his new party’s economic [...]
Metro Bank profit jumps as it bucks branch closure trend August 4, 2026 Metro Bank secured its highest half-year profit on record in the first six months of 2026 as it bucked an industry-wide trend of branch closures and grew its small business offering. The FTSE 250 bank recorded a £60.7m pre-tax profit, up 41 per cent from the same period last year. This was driven by a [...]