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      Concern as gambling black market set for £40m Royal Ascot boost

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Business

  • Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

    June 15, 2026

    One of the UK government’s biggest private sector contractors has denied being hostile to Reform UK after the party’s home affairs spokesperson Zia Yusuf after accused it taking “political positions” against his immigration policy. Citing a report in the Telegraph that suggested FTSE 250 firm Serco would refuse to support Reform’s deportation plans if it [...]

  • Social media ban may push children to ‘darker corners of the internet,’ lawyers warn

    June 15, 2026

    Sir Kier Starmer’s announcement to ban social media for under-16s on Monday morning may create privacy issues for children and encourage them to use less regulated platforms, legal experts have warned. Speaking at Downing Street on Monday, the Prime Minister said social media platforms are harming children’s wellbeing and making it easier for their mental [...]

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

    June 15, 2026

    Rolls-Royce’s special purpose vehicle for nuclear energy has secured a major win after locking down a multi-billion pound deal to build small modular reactors in Sweden. The FTSE 100 giant’s small modular reactor (SMR) unit, which is co-owned by Czech power company CEZ, designs and delivers factory-built nuclear power plants. Rolls-Royce SMR was selected by Swedish [...]

  • Royal Ascot worth £140m to UK economy

    June 15, 2026

    This year’s Royal Ascot festival is set to be worth £140m to the UK economy as fans flock to Berkshire for top level flat racing. Around 300,000 fans are expected to attend over the five days of horse racing, which starts tomorrow afternoon, with 38,000 hospitality covers to be served by over 30 Michelin starred [...]

  • ‘Banker’ arrested in connection with ‘Putney pusher’ attack

    June 15, 2026

    Police looking for the so-called Putney pusher have arrested a man in connection with the case, nine years after CCTV footage appearing to show a woman being pushed into an oncoming bus triggered a high-profile manhunt. The 44-year-old male was detained by the Metropolitan Police on Monday despite detectives closing their investigation into the incident [...]

  • Manchester United bank eight-figure fee from Amazon All Or Nothing deal

    June 15, 2026

    Manchester United will receive an eight-figure fee after agreeing to feature in the next edition of Amazon Prime Video’s All Or Nothing documentary series. The show will follow the club’s fortunes over the next year, with shooting set to begin in pre-season and the series due to air in summer 2027. United follow Premier League [...]

  • Mayer Brown defends ‘do not disturb’ policy despite criticism from rivals

    June 15, 2026

    When the US law firm Mayer Brown, based in the City, implemented a policy that partners should not disturb associates during their holidays, its London office managing partner said some rival partners criticised the move. Speaking to CityAM, Dominic Griffiths said: “When I introduced that policy [three years ago], there were one or two [...]

  • Keeping up with the cash: SKIMS’ law firm hits record revenue 

    June 15, 2026

    UK law firm Browne Jacobson has hit record revenue of nearly £150m, partly driven by high-stakes projects, including advising Kim Kardashian’s clothing brand SKIMS on its flagship Regent Street store.  The firm said it raked in £148.8m in revenue for the year, up 9 per cent from last year, driven by growth across the core [...]

  • Investors ‘reluctant’ to splash cash on UK banks amid crisis in Number 10

    June 15, 2026

    UK banks’ stock prices are being slapped with a political risk premium, City analysts have warned, as turmoil in Downing Street threatens to rock the sector. The FTSE 350 bank index has had a choppy start to the year with financial stocks facing a hammering from the Iran war as investors trimmed their equities exposure.  [...]

  • BBC News faces hundreds of job cuts in major downsizing drive

    June 15, 2026

    The BBC is expected to announce hundreds of job cuts across its core news division next week, as the broadcaster begins a sweeping cost-cutting programme ahead of crunch talks with ministers over its future funding. The corporation’s news operation is set to be the first part of the BBC to reveal detailed redundancy plans, according [...]

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