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News from the business world comes from all the financial institutions and business Hubs from around the world. We scoured the globe to bring you the top business news today.
Prices rise for package holidays in Greece, Spain and Turkey Holiday prices have jumped for Mediterranean hotspots including Majorca and Crete. All-inclusive package holidays are…
Thames Water boss quits after sewage spills The boss of Thames Water Sarah Bentley has quit after two years in the role, weeks after giving…
A mum was shocked when she found that the food for her youngster at the Co-op store in Aylesbury was being kept in plastic cases.
Financial Times – Prigozhin denies trying to oust Putin in his ‘masterclass’ march on Moscow Summary of the front page The Financial Times leads with…
Here’s who will receive the boost.
CITY AM – Parties set for battle over rates Labour now 25 points clear of Tories as mortgage rates batter Rishi Sunak’s party CITY AM…
Financial Times – Aborted Wagner insurrection lays bare cracks in Putin’s authority Summary of the front page The aborted coup in Russia over the weekend…
Cineworld screens stay open despite administration Cineworld has said its screens will remain open despite the company planning to file for administration in the UK. …
To fix, or not to fix…that is the question
The idea of getting onto the property ladder is a pipe dream for anyone without family money, generous parents or a seriously well paying job.
Elon Musk and Mark Zuckerberg agree to hold cage fight Billionaires Elon Musk and Mark Zuckerberg have agreed to fight each other in a cage…
WH Smith, M&S and Argos failed to pay minimum wage More than 200 firms – including WH Smiths, Marks & Spencer and Argos have been…
UK inflation stays at 8.7% despite hopes of a fall The UK’s inflation rate has stayed at 8.7% in May – the same as April’s…
Elon Musk says Tesla to come to India ‘as soon as possible’ Tesla boss Elon Musk has said he will take his electric carmaker company…
Cryptocurrency $40bn collapse boss Do Kwon jailed for forging documents The cryptocurrency boss Do Kwon, responsible for the $40 billion (£31.3 billion) downfall of terraUSD…
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A few users have reported a ‘total blackout’.
The Economist – BritGPT How Britain can become an AI superpower THE ECONOMIST SAYS Get ready for some big British celebrations in 2030. By then,…
CITY AM – Bank set to hike rate yet again Bank of England to raise interest rates for 13th time in a row this week…
The Financial Times – AstraZeneca drafts plans to carve out China business Summary of the front page The Financial Times leads on pharmaceuticals giant AstraZeneca…
Financial Times – Johnson’s repeated lies to MPs condemned in searing report Summary of the front page The report into the partygate scandal that concluded…
A credit on your energy account might have been made.
Vodafone and Three owner CK Hutchison Group have announced an agreement to merge their UK networks.
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Financial Times – MPs to grill City watchdog over Odey investigation Summary of the front page The Financial Times reports that MPs will quiz executives…
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