HSBC Q1 Profits Dip Despite Revenue Growth
HSBC reported a slight dip in pre-tax profits to $9.4bn in Q1 2026, down from $9.5bn a year earlier, due to higher credit impairments and operating expenses, though revenue rose 6% to $18.6bn.
Category : Business
Royal Ascot 2026: Tickets, VIP Packages, Prices
Royal Ascot 2026 runs from 16-20 June. Tickets start at £37, with VIP packages up to £2,000. Learn how to buy tickets now.
HSBC Q1 Profits Miss Forecasts on $1.3B Bad Debt Hit
HSBC's first-quarter pre-tax profit fell to $9.4B, missing forecasts due to a $400M fraud loss in the UK and $300M from the Iran war, as bad debt provisions jumped 50%.
Martin Lewis Warns Holiday Bookers: Get Insurance Now
Martin Lewis warns holidaymakers who booked with TUI, Jet2, Ryanair, easyJet, and BA to get travel insurance immediately to avoid losing everything if plans go wrong.
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Airlines Cut 2 Million Seats Amid Jet Fuel Crisis
Airlines have slashed two million seats for May as jet fuel shortages from the Iran war worsen. Gulf carriers are hit hardest, while Lufthansa and Air China cut flights. UK faces rationing risk.
Vodafone to Buy Out CK Hutchison from VodafoneThree
Vodafone has agreed to acquire CK Hutchison's 49% stake in VodafoneThree for £4.3bn, taking full ownership of the UK's largest mobile operator.
Met Gala 2026: Fashion as Art Debate Heats Up
The 2026 Met Gala theme 'Costume Art' and dress code 'Fashion is Art' spark debate on whether fashion qualifies as art, contrasting views from Lagerfeld and Warhol.
Victoria 2026 Budget: Winners, Losers, and Key Measures
Victoria's 2026-27 budget focuses on infrastructure, cost-of-living relief like free transport and half-price fares, but debt nears $200bn, raising concerns for future generations.
Why Britain's Nightlife Is in Decline: Birmingham
One in four late-night venues in the UK closed between 2020 and 2025. A night out in Birmingham reveals the challenges facing the nightlife industry.
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Historic Breakthrough: End of Fossil Fuel Era?
A landmark climate meeting in Santa Marta, Colombia, with 57 countries aims to end the fossil fuel era. Can optimism translate into action?
RBA Rate Hikes: Necessary or Misguided?
As the Reserve Bank of Australia considers another rate rise, experts debate whether higher borrowing costs are needed to curb inflation or risk harming the economy.
JLR Could Have Left UK Without £380m Battery Subsidy
Government officials warned that Jaguar Land Rover might have moved production abroad without a £380m subsidy for its sister battery company, Agratas, potentially triggering an exodus from the UK car industry.
RBA Hikes Rate to 4.35%, Warns of More Increases
The Reserve Bank of Australia raised the cash rate to 4.35%, warning of further increases due to inflationary pressures from higher fuel prices and the Iran war's economic impact.
Fireworks Factory Blast in China Kills 21, Injures 61
A fireworks factory explosion in Changsha, China, killed 21 and injured 61. President Xi Jinping called for a thorough investigation into the disaster.
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RBA Hikes Cash Rate to 4.35%, Warns of More Increases
Reserve Bank of Australia raises official cash rate to 4.35%, the third hike in 2026. Governor Michele Bullock warns more increases may be needed to curb inflation.
Eating Earlier in the Evening Could Improve Health
A new meta-analysis suggests that eating earlier in the evening, even without calorie reduction, improves metabolic health markers like blood sugar and insulin levels.
HSBC profits hit by $400m UK fraud credit loss
HSBC reported a $100m drop in pre-tax profits to $9.4bn in Q1 2026, partly due to a $400m fraud-related credit loss in the UK from private equity loans.
Chang Bingyu Earns £172k Despite Missing Main Draw
Chang Bingyu earned £172,000 at the World Snooker Championship despite not making the main draw, thanks to two 147 breaks and a highest break prize.
Oil Prices Surge Amid Strait of Hormuz Tensions
Oil prices jumped as tensions in the Strait of Hormuz threaten the US-Iran ceasefire, with Brent crude rising 6% to $114.44 amid Iranian strikes and market fears.
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HSBC Profits Dip Despite Strong Wealth and Hong Kong Growth
HSBC's pre-tax profit fell to $9.4bn in Q1 2026, down from $9.5bn a year earlier, due to higher credit losses and operating expenses, despite revenue growth of 6%.
Haggisxinha: Scots-Brazilian Snack Scores World Cup Success
A retired Scottish engineer created haggisxinha, a fusion of haggis and Brazilian coxinha, inspired by his Brazilian wife. The snack is now a hit ahead of Scotland vs Brazil World Cup match.
Man City's Title Hopes Falter in 13-Minute Meltdown
Manchester City's Premier League title ambitions suffered a blow as a 13-minute collapse at Everton ended in a 3-3 draw, with Guardiola's side missing key players and composure.
New Dinosaur Species Found in China Bridges Evolution Gap
Scientists discovered Xiangyunloong fengming, a 190-million-year-old dinosaur in China, bridging a key gap in the evolution of long-necked plant-eaters.
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Tamper-Proof Screws Urged as Plate Thefts Double
Number plate thefts in the UK have more than doubled since 2021, with 7,381 incidents last year. Drivers are urged to use tamper-resistant screws to avoid fines.
Skechers Trainers Now £46, Down from £69: 'Best Buy'
Amazon slashes Skechers Women's D'Lites Trainers by 33% to £45.89. Over 34,000 buyers praise comfort, style, and value. Ideal for nurses, retail workers, and travel.
Could Turo Car Rental Be Your Passive Income Dream?
With Zipcar gone, Turo offers an Airbnb-style car rental. Could hiring out your car generate extra monthly income? Jonathan Margolis investigates.
Flamini: From Arsenal Runner-Up to £10bn Billionaire
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Asian Shares Slip, Oil Pares Gains on Iran War Uncertainty
Asian stocks fell Tuesday tracking Wall Street losses, while oil prices pared gains amid escalating US-Iran tensions and a fragile ceasefire.
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RBA Hikes Rates to 4.35%, Adding $91 to Mortgages
The Reserve Bank of Australia raised interest rates by 0.25 percentage points to 4.35%, increasing monthly mortgage repayments by $91 for a typical borrower, with total hikes since February adding $272.
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