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Greencore shares slide as M&S sandwich supplier counts cost of Bakkavor takeover
Food manufacturer Greencore counted the cost of its mammoth deal with rival Bakkavor as integration expenses plunged the firm to a loss in the first half of the year. The FTSE 250 firm – which is a supplier to countless supermarket giants including Tesco, Sainsbury’s and M&S – was weighed down by upfront costs associated with the integration, which led to it sliding to a loss of £13.4m. Shares dived over four per cent to 229.55 as trading started on Wednesday morning. It came despite reven...
8th Pay Commission: 400% Salary Hike, 5 Fitment Factor Formula, And All You Need To Know
8th Pay Commission: Instead of asking for one fitment factor for everyone, the association has proposed five fitment factors for different pay levels.
Consumers prioritising affordable fun over shopping, says Hollywood Bowl
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Memory Mania Overshadows Investors' Fears Around Iran War | Insight with Haslinda Amin 5/27/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Pets at Home profits slide amid price cuts
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Grocery price inflation slows again despite warnings of Iran war cost hikes
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Small cap tech firm quits LSE to cut costs in latest market blow
Small-cap semiconductor firm Nanoco Group is quitting the London Stock Exchange in a bid to save £700,000 a year, in the latest setback for Britain’s struggling public markets. The Manchester-based tech business said the annual costs of maintaining its listing had become too burdensome for a company of its size, as it blamed weak liquidity and volatile investor sentiment for the decision. Nanoco told shareholders the delisting would help preserve its £10.1m cash pile and extend its financia...
Pets at Home hails ‘better momentum’ despite profit slip
Pets at Home has hailed “better momentum” in its bit to return to growth, as profit and revenue fell again while its turnaround remains in its early stages. The FTSE 250 pet supplies retailer and veterinary group saw profit before tax dip by 28 per cent to £86.5m, while group revenue fell by one per cent to £1.47bn in the year to March. Investors had been hoping for signs of a turnaround under new chief executive James Bailey, after the retailer’s previous boss quit amid falling sales. A l...
French Consumer Confidence Dropped to Three-Year Low in May
French consumer confidence fell more than expected in May, underscoring risks to the euro area’s second-largest economy as the effects of the Iran war spread.
Flights affected: Air India reduces domestic frequency amid rising fuel prices
Air India has temporarily reduced operations on select domestic routes between June and August 2026 due to high fuel prices and ongoing West Asia conflict impacts. This follows similar adjustments to international services, with the airline citing sustained operational pressures and a need for stability amid global aviation uncertainty.
Gina Rinehart bankrolls purchase of 10% stake in Seven network owner Southern Cross Media
The $26m deal involving media executive Bruce McWilliam signifies return to media business for mining billionaire after previous holdings in Fairfax and TenFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGina Rinehart, Australia’s richest person, has bankrolled former Seven media executive Bruce McWilliam’s acquisition of an almost 10% stake in Southern Cross Media, which owns the Seven Network, the Triple M and Hit radio brands an...
Energy price cap to jump 13 per cent this summer
UK households will be hit by a sharp £200 rise in energy bills next month, leaving Brits bracing for a painful winter of higher bills off the back of the Iran war. From 1 July to 30 September the annual energy price cap will be £1,862 per year, up from the current cap of £1,641, according to the latest update from energy watchdog Ofgem. This represents a 13 per cent jump from the prior period for dual fuel households across England, Scotland and Wales. The rise also comes in above forecast...
BHP admits to stalled emissions reductions as WA premier says miners have ‘moral obligation’ to decarbonise
Head of BHP’s WA iron ore operations unable to give firm timeline for replacing diesel trucks as leaked documents reveal decarbonisation delayRead more from the BHP files investigation hereGet our breaking news email, free app or daily news podcastA senior BHP executive has admitted the Australian multinational’s push to reduce emissions has been delayed as the Western Australian premier, Roger Cook, said big miners had an “important moral obligation” to decarbonise.An exclusive investigation ba...
HDFC Bank Shares Drop as Governance Report Deepens CEO’s Woes
Shares of HDFC Bank fell in Mumbai trading on Wednesday after a media report alleged India’s largest private sector lender paid higher interest to a state-owned company, adding to Chief Executive Officer Sashidhar Jagdishan’s recent list of troubles.
Household energy prices to jump by 13% from July
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Energy bills to soar 13% due to Trump's war in Iran, says Ofgem
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Why a Weak Rupee Is About More Than the Oil Shock
A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.
Energy price cap in Great Britain to rise by 13% from July
Average gas and electricity bill to jump to £1,862 a year from July until end of September, in part because of Iran warHouseholds will face the steepest rise in energy charges in four years this summer after months of soaring market prices caused the government’s energy price cap for Great Britain to climb by 13%.Under the cap the average gas and electricity bill will increase to the equivalent of £1,862 a year from July until the end of September to take account of the rise in global energy mar...
Tide Crosses 2 Million Members Worldwide – Big Step Forward in Mission to Support and Grow Small Businesses
Tide, the UK’s leading business management platform, today announces it has crossed 2 million members globally, with India in particular seeing strong growth. More than 1.1 million small businesses joined Tide in India since the company launched there in December 2022. This makes India Tide’s fastest-growing market by member acquisition. The UK is Tide’s home market, with 900,000 SMEs, 15% market share, and the majority of the company’s revenue. Tide’s steadily expanding its presence in Europ...
Kiln-free recycled tile startup agrees pilot deal with major UK supplier
Dekiln to scale up its low-carbon technology with Johnson Tiles, in boost for struggling British ceramics industryA Manchester-based startup that makes ceramic-like tiles from waste without needing an energy-hungry kiln has teamed up with one of the UK’s biggest tile suppliers to launch a pilot project to scale up the technology.Dekiln, run by the biomaterials engineer Aled Roberts, is joining forces with Johnson Tiles to set up a trial manufacturing site in Stoke-on-Trent, the historic home of...