Watchdog opens probe into auditors of collapsed lender MFS June 11, 2026 The Financial Reporting Council (FRC) has launched an investigation into the conduct of three accountancy firms and individual accountants involved in auditing the accounts of collapsed mortgage lender, Market Financial Solutions. The accountancy watchdog said it has opened four probes into Magus Chartered Accountants, Berkeley Finch Limited, and Silver Levene (UK), and into a number [...]
Burnham hints at payout for Waspi women claiming billions June 11, 2026 Andy Burnham has suggested he would support more than 3.5m women who are seeking compensation, hinting at a billions of pounds spending commitment if he enters Downing Street. The Makerfield by-election candidate has long been an outspoken supporter for the so-called Waspi women, a cohort born in the 1950s who claim they lost thousands of [...]
Exclusive: Eilish McColgan joins performance nutrition brand Science in Sport June 11, 2026 Distance runner Eilish McColgan has hailed upcoming research developments for female athletes after this morning joining performance nutrition brand Science in Sport. The reigning 10,000m Commonwealth Games champion, from Scotland, has become a member of Science in Sport’s Elite Performance Advisory Panel, citing the need to tackle the research gap between men’s and women’s sport. [...]
AI infrastructure boom helps power Halma to record sales and profit June 11, 2026 The AI infrastructure boom helped underpin another record year at Halma as the FTSE 100 safety and equipment maker delivered more than £2.5bn in annual revenue for the first time. The 130-year-old group, which owns dozens of specialist businesses across safety, healthcare and environmental tech, posted record revenue and profit, extending a growth streak that [...]
Heathrow slams regulator plans to ‘take UK backwards’ by slashing investment June 11, 2026 Heathrow has issued a scathing rebuttal of the regulator’s plans to crack down on the airport’s spending and expansion, warning that this risks “taking the UK backwards”. The UK’s largest airport said that the Civil Aviation Authority’s (CAA) “proposed cuts to our investment plans risk taking the UK backwards and weakening our competitiveness”. The CAA [...]
‘Bogus claim’: Ryanair hits back at watchdog probe into family seating policy June 11, 2026 Ryanair is under investigation by the British competition watchdog over its policy that parents must pay to sit with their children. The Competition and Markets Authority (CMA) has launched a probe into Ryanair’s terms and conditions (T&Cs), which require at least one parent to sit with their children aged 2-11 when they fly and make [...]
Wizz Air ‘resilient’ after route cancellations wipe out profit June 11, 2026 Wizz Air has insisted its decision to halt operations in Vienna and Abu Dhabi positioned the airline for “long term resilience,” despite causing net profit to drop by nearly 99 per cent. The FTSE 250-listed airline said its slump in net profit from €214m to €1m was due to the “one-off headwinds” of these route [...]
Give me home Euros over World Cup, but is it really worth £557m of taxpayers’ money? June 11, 2026 I’m sure I’ll enjoy much of the 2026 World Cup, provided I can stay awake late enough, but I’ll approach Euro 2028 with far greater enthusiasm. Home nations competing on home soil in British Summer Time and with advertisers and broadcasters whipping up interest among the general populace. What’s not to like, other than violent [...]
Rising salaries for junior lawyers put pressure on senior associates’ pay packages June 11, 2026 US law firms continue to drive a fierce salary war in London, leaving UK firms scrambling to keep up with soaring pay for junior lawyers, but as starting salaries rise, growing pay gaps threaten to unsettle senior associates, writes Maria Ward-Brennan. As of next month, London associates at Quinn Emanuel will see their salaries increase [...]
UK defence chief: Adopt AI or lose future wars June 11, 2026 Britain’s most senior military officer has warned that the UK risks losing future conflicts unless it dramatically accelerates the adoption of AI across its armed forces. Speaking at London Tech Week, chief of the defence staff Air Chief Marshall Sir Richard Knighton said AI would be as transformative for warfare as the internet was for [...]