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Ocado founder to step down as chief executive in 2028
Online grocer says Tim Steiner will remain as CEO until December 2027 before taking on ‘founder role’ for a further yearBusiness live – latest updatesOcado’s founder and chief executive, Tim Steiner, will stand down in 2028 after weeks of speculation over the online grocer’s leadership.Steiner, who co-founded Ocado in 2000 with two other former Goldman Sachs bankers, will continue to serve as chief executive until the start of the 2028 financial year, which begins in December 2027, by which poin...
ITR filing: Top 10 mistakes taxpayers should avoid - checklist
ITR filing FY 2025-26: Before filing, compare your income and TDS details with documents such as Annual Information Statement (AIS), Form 26AS, and Form 16/16A. Any mismatches in data can not only lead to income tax notices, but also delayed refunds. Here are 10 mistakes that salaried taxpayers should avoid when filing their income tax returns:
'History points to downside': Michael Burry warns on Micron after Trump-linked donations
Renowned investor Michael Burry has initiated a short position against Micron Technology, citing 'historically extreme' stock valuations driven by AI hype and investor FOMO, not fundamentals. Despite a recent $250 million donation to a children's savings scheme, Burry warns of significant downside due to the memory chipmaker's cyclical nature and poor profitability metrics. This move aligns with his broader bearish outlook on AI semiconductor stocks.
We're pensioners earning less than £1,000 in savings interest, are we over-taxed? STEVE WEBB replies
We're pensioners earning less than £1,000 in savings interest, are we over-taxed? STEVE WEBB repliesSee more This is Money on Google - save us as a Preferred SourceBy STEVE WEBB, PENSIONS EXPERT AND COLUMNIST, THIS IS MONEY Updated: 09:17, 6 July 2026 e-mail 130 View comments
EasyJet shares soar after £5.5billion takeover approach wins board backing
EasyJet shares have surged by 12 per cent in early trading after the budget airline announced it had reached an agreement in principle with US investment firm Castlelake over a potential £5.5billion takeover. The proposed deal values the Luton-based carrier at around £5.5billion, with Castlelake offering £6.90 a share, representing a significant premium to Friday's closing price of £5.58.EasyJet's board said it would be minded to recommend the offer to shareholders if Castlelake submits a formal...
Labour's £13 minimum wage to cause widespread job losses and higher inflation
Two of Britain's biggest business organisations have warned Labour's planned increases to the national living wage beyond £13 an hour could damage the jobs market and fuel inflation.They argue that employers are already struggling to absorb higher labour costs.The Confederation of British Industry (CBI) and the British Chambers of Commerce (BCC) said successive above-inflation increases have placed mounting pressure on businesses, with many already cutting jobs, delaying investment and raising p...
China-Namibia cooperation expands across space, infrastructure, energy
From the skies to highways, solar farms and oyster farms, China and Namibia have translated their comprehensive strategic cooperative partnership into a growing portfolio of tangible projects, delivering practical benefits while supporting Namibia's long-term development goals.Advancing satellite data capability
Can India's new rural jobs scheme deliver? VB-G-RAM-G may mount fiscal pressure on states
The Centre's newly launched Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G), which replaces the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), could improve rural incomes through higher wages and increased employment guarantees.
The world's best plane food revealed - from gourmet hot dogs to 13-course feasts… and the airline meals passengers say are the worst ever
The world’s best plane food revealed – from gourmet hot dogs to 13-course feasts… and the airline meals passengers say are the worst everREAD MORE: Ultimate guide to visiting America: Our expert reveals the must-see sights you won’t have heard of – read on to discover how to beat the crowds Want to holiday like a travel expert? Get free access to this subscriber article about the best Greek islands to visit (and the worst ones to avoid) when you sign up HERE to the Escape newsletterSee more Dail...
Credit note instead of refund for defective shoes? Court orders Rs 15,000 payout
A consumer commission in Haridwar has ordered an online footwear retailer to refund Rs 3,606 for two defective pairs of Red Chief shoes. The company's refusal to provide a cash refund, instead issuing a credit note, was deemed a deficiency in service. The customer will also receive Rs 15,000 in compensation and litigation costs, totaling Rs 18,606, for the faulty products and subsequent dispute.
كيف أصبح برنارد أرنو أغنى رجل على وجه الأرض؟ اكتشف أسرار إمبراطوريته الفاخرة!
في عام 2023، أصبح برنارد أرنو أغنى رجل في العالم بثروة تقدر بـ 211 مليار دولار. تعرف على كيفية بناء إمبراطوريته الفاخرة التي تضم عمالقة مثل لويس فيتون وديور.
Gold prices to see limited upside? Key levels to watch out for this week
Gold price prediction today: Gold prices are likely to see a limited upside because of high inflation in the US, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.
Asylum approvals 'likely incorrect' in vast majority of cases, damning review finds
A review of asylum decisions by the Home Office has found the majority were "likely to be incorrect".Four-in-five of the asylum cases were made with insufficient evidence.Independent Chief Inspector of Borders and Immigration (ICBI) John Tuckett reviewed a selection of 47 decisions made by Home Office staff.The cases, spanning from August to September of last year, suggested asylum decision-making was not satisfactory. TRENDING Stories Videos Your Say It read: "Although this was only one li...
Apple no so 'fruitful' for Himachal? Climate pressures hill state's Rs 5,000 cr economy
Himachal Pradesh's Rs 5,000 crore apple economy faces a severe climate crisis, with production projected to plummet by nearly 40% this year. Unseasonal rains, hailstorms, and erratic weather have significantly impacted output, affecting an estimated 2.5 lakh farming families. Growers are grappling with rising costs and a desperate need for improved irrigation and crop insurance.
Sky owner announces £1.6bn takeover of ITV’s broadcasting arm
US telecom giant Comcast to snap up free-to-air TV channels and streaming platform to create UK’s biggest commercial broadcasterSky has announced a long awaited £1.6bn deal to buy ITV’s broadcasting and streaming arm to create the UK’s biggest commercial broadcaster.Sky, which is owned by the US telecoms company Comcast, will pay £1.2bn in cash initially for ITV’s media and entertainment business, which include its free-to-air TV channels in the UK and ITVX streaming platform. It has agreed to p...
Half of affordable new homes in rural England could be at risk if planning rules relaxed, analysis shows
Exclusive: National Housing Federation says ending quotas for developers could cost 32,000 homes over 10 yearsHalf of all affordable housing supply in rural England could be under threat under plans being considered by ministers to relax regulations for private housing developers, according to analysis.The government has proposed ending affordable housing quotas – known as section 106 agreements – for new developments of between 10 and 49 houses in an effort to jumpstart sluggish housebuilding r...
Fuel providers hopeful of more price reductions
Fuel providers hopeful of more price reductionsImage source, ReutersImage caption, Fuel providers said price reductions were being passed on to customersPublishedJust nowTwo of the biggest fuel providers in the Channel Islands have said pump prices are steadily falling.Both Rubis and ATF Fuels said recent drops in wholesale costs were now filtering through to local forecourts in Guernsey and Jersey. The price of petrol and diesel reached an Iran war peak in May, before starting to fall. A spokes...
Labour urged to stop 'punishing' millions as EV charging tax and high prices send mixed messages
Labour has come under fire for "punishing people who haven't got off-street parking" by charging five times more VAT on public electric vehicle charging than for charging at home. Guy Bartlett, chief executive of charge point operator Believ, said the current system unfairly penalises millions of motorists who rely on public chargers because they cannot install one outside their home.Speaking to GB News after Believ secured a record contract to install thousands of EV charge points across Hampsh...
Rupee slips 10 paise as stronger dollar and geopolitical jitters outweigh positive cues
The Indian rupee weakened against the US dollar, opening the week down 10 paise at 95.28 due to a stronger dollar globally and geopolitical uncertainties. Despite favorable global cues like falling oil prices, the rupee failed to gain, indicating underlying market fragility. Meanwhile, Indian stock markets opened on a strong note, with major indices climbing over 0.4%.
Kane: “Toda la ocasión, el equipo, todo contra nosotros; encontramos la manera”
Casi afónico, el delantero Harry Kane aplaude la victoria obtenida bajo un número de circunstancias que el equipo de ‘los Tres Leones’ tuvo en contra: la resiliencia, el equipo y su rendimiento hace de este un partido de locos, afirmó.
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