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Revolution Beauty shares glitter after it emerges from FCA probe
London-listed cosmetics firm Revolution Beauty told investors this morning that it is no longer under investigation by the City’s main market watchdog. The Financial Conduct Authority has notified the firm that it will “take no further action”, meaning the probe was over, Revolution said in an announcement to the stock exchange. The FCA’s scrutiny of the Camden-based company began in July 2023. It covered Revolution’s founders, Adam Minto and Tom Allsworth. Both were told in November 20...
KPMG scraps Summer early Friday finish for staff
Big Four giant KPMG is revoking its Covid-19 employee benefit of letting staff clock off early on Fridays over the Summer in the latest cut at the firm. The firm introduced the policy in 2021, focused on the Summer, which is a quieter time in the City, to allow staff to take two and a half hours off each week until the end of August to support wellbeing. However, that benefit has been reversed for UK staff for this coming Summer for the first time since its introduction, as first reported b...
SpaceX won’t make the S&P 500
Choose your index wisely
UK house prices fall for third successive month amid Iran war uncertainty
Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender HalifaxBusiness live – latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand.The average price of a typical UK home fell by 0.1% in May to £298,806 compared with April, the third consecutive monthly drop recorded by the lender Halifax. Analysts had been expecting a return to growth, with a consensus of a 0.1%...
William Hill owner Evoke set for £243m takeover from Bally’s Intralot
Gambling firm Ballys Intralot has reached an agreement with betting group Evoke on the terms and conditions for a takeover, as the UK businesses brace for an online gambling tax hike. The Greek company’s board has recommended an all-share acquisition, with Evoke shareholders entitled to 52 pence per share, valuing the company at £243.1m. The offer represents a 138 per cent premium to Evoke’s share price of 21.9 pence at market close on 9 December, before talks between Bally and Evoke began,...
Nationwide makes major change in 605 branches ‘to support high street’
Nationwide makes major change in 605 branches ‘to support high street’It is said to be the biggest roll-out of its kind. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Toby Codd 08:14, Fri, Jun 5, 2026 Updated: 08:19, Fri, Jun 5, 2026 Nationwide is the UK's biggest building society (Image: Getty)Nationwide has confirmed a major change across all its 605 branches in the UK. The building society said the mo...
Inside Elon Musk's Daily Routine: How He Generates $300 Million Every Single Day!
Ever wondered how Elon Musk manages to pull in an astonishing $300 million daily? Discover the secrets behind his remarkable daily routine that fuels his unprecedented success and relentless innovation.
Horrific, unregulated, and very profitable. The companies making cash from England’s children in care | George Monbiot
Councils are sending vulnerable kids to homes run by money-grabbing cowboys and private-equity vulturesBring your suitcase, your bin liner, your dumpy bag. They’re handing out money faster than you can stuff it in a sack. All you need do is join the market in what may now be England’s most lucrative commodity. A commodity with arms and legs, hearts and brains, thoughts and feelings. Children.Two years ago I stumbled into this issue after discovering that children in care who were being helped by...
Parcel giant set to axe 3,000 drivers in UK - 12 delivery centres could close
Parcel giant set to axe 3,000 drivers in UK - 12 delivery centres could closeStaff could be out by September if turnaround proposals are approved. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Jon King, News Reporter 07:55, Fri, Jun 5, 2026 Updated: 08:04, Fri, Jun 5, 2026 UPS is looking to shed more than 3,000 roles, a report claims (Image: Getty)Parcel giant UPS could cut more than 3,000 delivery drive...
Major British airline crashes into administration as 178 staff lose jobs
European Cargo Limited has collapsed into administration, leaving 178 staff without jobs after the Bournemouth Airport-based freight airline ceased operations.The company appointed Stuart Morris, Robert Fishman and David Soden from Teneo Financial Advisory Limited as joint administrators on Wednesday.A Teneo spokesman said: "The appointment follows a period of significant financial pressure on the business, driven by reduced flying activity and working capital and fuel cost pressures."The Compan...
UK charity shop giant to close 150 stores - first 90 to shut by March 2027
UK charity shop giant to close 150 stores - first 90 to shut by March 2027Bosses cited rising costs and changing shopping habits as the main reasons behind the closures. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Toby Codd 07:43, Fri, Jun 5, 2026 Updated: 07:46, Fri, Jun 5, 2026 All of the shops will shut by March 2028 (Image: Getty)A major UK charity shop has confirmed plans to close 150 of its store...
Rupee gains sharply as RBI unveils steps to attract foreign investors
Currency market participants said investor confidence improved following the RBI's policy announcements, particularly after the central bank emphasised that India's foreign exchange reserves remain strong enough to cushion the economy against external disruptions.
No jet fuel shortage in Europe, transport chief says, despite Middle East conflict – business live
Rolling coverage of the latest economic and financial newsUK shoppers return to high street as warm weather brings respite from shadow of warGreater numbers of UK consumers went shopping last month as spring sunshine brought welcome relief to retailers, which have faced a squeeze on spending since the US-Israel war on Iran.Figures from the British Retail Consortium (BRC) and a separate survey by the accountancy firm BDO showed a bounce-back in footfall during May, reversing a sharp decline in Ap...
150 shops to close as chain says they are 'no longer financially viable'
The shops will close in two phases over the next two years
Gary Lineker’s Goalhanger named UK’s fastest-growing business
Producer of The Rest is … podcasts reports sales of £37.9m, boosted by rise in subscriptions and live eventsThe media production company co-founded by the former England footballer Gary Lineker and behind The Rest is … podcasts is now the fastest-growing business in Britain in a new ranking.Goalhanger made £37.9m in sales in 2025, growing at an average annual rate of 321% over the past three years, according to the latest Sunday Times list of the 100 quickest-growing private companies. Continue...
An economic draft? Drive to get young Neets in the military divides opinion
Critics say high drop-out rate among under-18 army recruits make it a poor means of tackling youth unemploymentYoung people looking for employment should “really seriously take a look at the armed forces”, according to the veterans minister, Louise Sandher-Jones, and with more than 1 million 16 to 24-year-olds not in education, employment or training (Neets), everyone that age is aware of how bleak the job market is at present. But not all agree about whether the military is the answer.Alexandra...
Homes for sale with water views in England and Scotland – in pictures
From a London houseboat with views of the River Thames to a property by a loch in the Inner Hebrides Continue reading...
I’m a landlord. Can I pass my flats to my children without inheritance tax due?
In our weekly series, readers can email any questions about their finances to be answered by our expert, Rosie Hooper. Rosie is a chartered financial planner at Quilter Cheviot and has worked in financial services for 25 years. If you have a question for her, email us at money@inews.co.uk. Question: How can I pass rental properties to my children and cut inheritance tax? I have three children all over the age of 26. Answer: It is very understandable that you want to pass wealth to your childre...
Morrisons makes major £15 change to 343 stores for Friday
Morrisons makes major £15 change to 343 stores for FridayThe offer is a limited-edition afternoon tea special across its café network Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Tannur Anders 06:58, Fri, Jun 5, 2026 Updated: 06:59, Fri, Jun 5, 2026 Fish and chips (stock image) (Image: Getty)A UK supermarket chain has launched a limited-edition afternoon tea special across its café network ahead of Nati...
Green Buildings In India: Do They Really Save Money or Just Sell Hope?
World Environment Day: More than 10,000 green building projects covering over 12 billion square feet have been registered across India.