Maeve Turner
UK cost of living remains top public concern despite falling inflation rates
Recent data from the Office for National Statistics indicates that persistent costs for food and energy continue to strain British households. While inflation has slowed, the affordability crisis remains a primary concern for the public and policymakers.
Andy Burnham pledges £340m to end long-term rough sleeping as first policy
Prime Minister Andy Burnham has pledged £340m to provide 1,200 homes and intensive support for at least 3,000 people in England to help end rough sleeping.
UK fintech growth slows as political instability hits investor confidence
The UK fintech sector faces a slowdown as persistent political volatility and rapid government turnover weaken investor confidence. Funding has dropped to its lowest level since 2020, prompting calls for greater legislative consistency.
Cambridge opens New Whittle Laboratory to accelerate UK industrial growth
King Charles officially opened the New Whittle Laboratory, a facility designed to use artificial intelligence and rapid-testing to shorten development cycles.
Pound hits one-year high on prospects of Shabana Mahmood as Chancellor
The pound surged as markets reacted to the anticipated appointment of the fiscally conservative Mahmood, though analysts warned the rally reflects relief.
Burnham meets King as he is appointed prime minister
Former Greater Manchester mayor Andy Burnham has officially assumed the role of Prime Minister following Keir Starmer's resignation. He now faces immediate pressure to address the cost-of-living crisis and infrastructure challenges.
LONDON MARKET OPEN: UK ekes out 0.1% growth; M&A dominates market
London equity markets remain cautious as investors balance modest economic growth against geopolitical instability. High-profile merger and acquisition activity is currently the primary driver of index performance.
ECB decision and UK inflation data to drive markets in busy week ahead
Investors are weighing central bank policy paths against persistent inflation and geopolitical instability as key Eurozone and UK economic data releases loom.
UK economy retains fifth-largest global ranking as service sector grows
The UK economy grew by 0.6% in the first quarter of 2026, led by the services sector. However, the Bank of England warns that rising energy costs may drive inflation.
The flight hours and miles of World Cup travels of FIFA's Infantino in numbers
An analysis of flight logs shows that FIFA President Gianni Infantino traveled nearly 60,000 miles during the 2026 World Cup using a private jet. The findings highlight the tournament's logistical intensity and associated criticism regarding its environmental footprint.
Justin Baldoni asks court to deny Blake Lively's 8 million legal fee demand
Actor-director Justin Baldoni is pushing back against Blake Lively’s request for over $8 million in legal fees stemming from their defamation court battle. The filing claims the billing is heavily overstaffed and lacks evidence of reasonableness.
Bizcap US launches, bringing fast, flexible funding to SMBs
International lender Bizcap has expanded into the United States, promising small businesses rapid decision-making and flexible revolving capital facilities. The platform aims to provide an alternative to traditional bank loan processes for companies requiring rapid working-capital injections.
NASENI honours top staff and highlights progress on 44 local innovations
NASENI is scaling up its industrial efforts by transitioning 44 local prototypes from laboratories to the commercial marketplace. This strategic shift is supported by new fiscal reforms and infrastructure projects designed to boost Nigeria's technological self-reliance.
Zepto and Meta services suffer outages for thousands of users
Users across several countries reported widespread technical failures on Meta platforms and Zepto, including account errors and payment difficulties.
Dollar Tree to close 75 stores while opening 400 new locations this year
Dollar Tree is restructuring its network by shuttering 75 locations while expanding with 400 new store openings. The strategy includes a transition to multi-price offerings and the acquisition of former retail leases in key growth regions.
Facebook and Instagram users report widespread access issues worldwide
Meta platforms including Facebook, Instagram, and Messenger suffered global access issues, leaving users unable to log in or refresh their feeds.
Moonshot AI Targets Hong Kong IPO Within Six Months After Kimi K3 Launch
Moonshot AI has formally notified investors of its intent to list in Hong Kong, fueled by rising annual recurring revenue and its latest language model. The company is currently dismantling its offshore structure as part of its preparations for the public debut.
Thames Water creditors prepare for potential legal battle over nationalisation
A group of institutional investors holding £17bn of Thames Water debt is bolstering legal support amid speculation about a special administration regime. The consortium maintains its goal is a solvent restructuring while preparing for potential government involvement.
Taco Bell lettuce identified as source of cyclospora parasite outbreak
Federal health officials have linked shredded iceberg lettuce served at Taco Bell in five states to a widespread cyclospora parasite outbreak. While investigations continue, authorities are working to trace the contamination through the supply chain.
CBN Sets Tough Cybersecurity Timeline for Nigerian Banks
The Central Bank of Nigeria has issued strict compliance deadlines for financial institutions to evaluate digital threats and strengthen security protocols.