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Borrowing costs fall as interest rate hike fears ease
Government borrowing costs fell sharply on Tuesday, after a dovish speech from Bank of England governor and revived hopes of a Middle East peace deal led traders to pare back bets on central bank interest rate hikes. Gilts rebounded across the curve, outperforming their European peers. The UK’s two-year and 10-year government bonds fell as much as six basis points each at market open, rebounding from a broad sell-off on Monday sparked by an apparent breakdown in communication between the US...
Morrisons and Asda confirm new £13 rule in UK stores in July
Morrisons and Asda confirm new £13 rule in UK stores in JulyBoth supermarkets have confirmed an upcoming change across stores. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Claire Schofield 10:37, Tue, Jun 2, 2026 Updated: 10:38, Tue, Jun 2, 2026 Morrisons is increasing the hourly pay rate for Customer Assistants from £12.81 to £13 from July 20 (Image: Getty)Morrisons and Asda have confirmed a new £13 ru...
UK property companies plunge into liquidation - full list of 7 companies
UK property companies plunge into liquidation - full list of 7 companiesSeveral UK property companies have entered liquidation in the past few months, as many businesses struggle with rising costs. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Brian Dillon, Audience Writer 10:32, Tue, Jun 2, 2026 Updated: 10:38, Tue, Jun 2, 2026 Several UK property companies have shut down (Image: Getty)A number of UK pr...
UK pub company faces liquidation as administration talks collapse - in business since 2004
UK pub company faces liquidation as administration talks collapse - in business since 2004A UK pub company with more than 20 years in the industry is on the brink of collapse as administration talks fall through. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Ewan Gleadow 10:20, Tue, Jun 2, 2026 Updated: 10:27, Tue, Jun 2, 2026 A pub is set to close permanently after spending three years in administration...
Wanted: Asia news editor
An opportunity to join the staff of The Economist
من الإفلاس إلى المليارات: قصص ملهمة لرواد أعمال غيروا حياتهم للأبد!
هل تخيلت يومًا أن تخرج من الفقر المدقع لتصبح مليارديرًا؟ إليك قصص مثيرة لنجوم الأعمال الذين استطاعوا تغيير مصيرهم بفضل الإرادة والطموح.
Access Appoints Sally Johnson as New Chief Financial Officer
The Access Group has appointed Sally Johnson as its new Chief Financial Officer, effective 1 June 2026. Sally joins from Pearson plc, where she served as CFO for six years and brings more than 25 years of experience across strategic finance, M&A, business transformation and investor relations in large and complex global organisations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602219014/en/ Her appointment follows the...
Surging military spending boosts London-listed defence sales
Two London-listed manufacturing contractors are reaping the benefits of a surge in defence spending as the period of geopolitical turmoil boosts sales across the sector. FTSE AIM-listed firm Gooch & Housego’s saw its profits before tax surge by nearly 16 per cent in the first half of the financial year, up to £3.3bn, driven by an uptick in demand for defence and aerospace products. The firm said revenue related to aerospace and defence sales shot up by 51.7 per cent to £35.6m compared to £2...
Eurozone inflation rises to 3.2% in May as ECB prepares to raise rates
Middle East energy shock pushes price growth to highest level in nearly 3 years
Heartbreak as beloved UK department store closes - opened in 1891
Heartbreak as beloved UK department store closes - opened in 1891A beloved department store is closing and has launched a huge clearance sale. It has been in business for more than 130 years. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Brian Dillon, Audience Writer 09:59, Tue, Jun 2, 2026 Updated: 10:03, Tue, Jun 2, 2026 The department store has announced a huge clearance sale (Image: Getty)A beloved U...
Estate agents accused of using 'misleading' AI pictures to enhance homes up for sale
Estate agents accused of using 'misleading' AI pictures to enhance homes up for saleGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE See more Daily Mail on Google - save us as a Preferred SourceBy ELIZABETH HAIGH, SENIOR NEWS REPORTER Published: 09:52, 2 June 2026 | Updated: 09:55, 2 June 2026 e-mail View comments
Having a vehicle off the road can cost £1,172.20 every day
The situation looks set to get worse in the future with breakdowns more common
British American Tobacco shares slide as cigarette volumes decline
British American Tobacco suffered a fall in share price in early morning trading, as investors opted to take profits despite updated revenue growth for the full financial year. Shares slipped 2.9 per cent to 4,447.3p, as investors ignored growth in its new category business and US momentum for declining cigarette volumes. Global cigarette industry volume is expected to be down 2.5 per cent in the 2026 financial year, up from the prior expectation of two per cent, with analysts noting growin...
Majority of UK renters think their richer flatmates should pay more
Majority of UK renters think their richer flatmates should pay moreEven with these extra efforts, many feel they're falling short on where they expected to be financially. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Matt Clemenson 09:31, Tue, Jun 2, 2026 More than half of UK renters think richer flatmates should pay more (Image: Getty)More than half of cash-strapped renters believe their richer flat ma...
Aldi set to open new store at JD Sports site in UK town
Aldi set to open new store at JD Sports site in UK townResidents have been warned there could be some disruption while work takes place over the coming months. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Kris Boratyn, Audience Writer 09:25, Tue, Jun 2, 2026 Updated: 09:25, Tue, Jun 2, 2026 Aldi is set to open a new store at a shopping centre in Essex (Image: Getty)Aldi is set to open a new store at a s...
Why East Asia must turn away from exports
A handpicked article read aloud from the latest issue of The Economist
US-Iran War Hits Real Estate: Construction Costs Jump 25%, Delays Loom
US-Iran War: As supply shortages shift demand toward domestic manufacturers, local suppliers are also revising prices more frequently.
Bitcoin Falls Below $70,000 For The First Time Since April
BreakingBusinessBitcoin Falls Below $70,000 For The First Time Since AprilBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorJun 02, 2026, 04:06am EDTJun 02, 2026, 04:08am EDTToplineBitcoin fell below the $70,000 mark for the first time since April 8 after the cryptocurrency’s biggest institutional holder, Michael Saylor’s Strategy, announced it had sold some of its tokens for the first time in more than three and a half years.The price of Bit...
IMU Biosciences announces oversubscribed financing round, bringing its Series A to over $53M as it accelerates its work to decode the immune system with unprecedented resolution and scale, to transform how we understand, diagnose and treat disease
IMU Biosciences (‘IMU or the ‘Company’), a biotechnology company decoding the immune system to pioneer a paradigm shift in how we understand, diagnose and treat disease, has successfully brought its Series A to over $53 million (£40 million) in an oversubscribed financing round, co-led by IQ Capital and Molten Ventures, and supported by The British Business Bank and Meltwind alongside existing investors. IMU has built the world’s largest immune dataset, scaling to more than 25,000 individuals...
Unleash Your Core: Get Six Pack Abs in Just 30 Days with This Ultimate Workout Plan!
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