Sydney Flat Near $1m Despite Market Cooling
First-time buyers in Australia still struggle despite cooling market, with a Sydney flat costing nearly $1m. Tax reforms aim to help, but prices remain high.
Category : Business
Airlines Face $100bn Fuel Bill, Fare Hikes Inevitable
Iata warns airlines will spend an extra $100bn on jet fuel in 2026 due to Iran conflict, halving industry profits to $23bn. Fares must rise, with long-haul and business passengers bearing the brunt.
Iran Missiles Strike Israel, Housing Market Cools, Zverev Wins
Iran launches missiles at Israel amid escalating Middle East crisis; Australia's housing market cools but first-home buyers still struggle; Alexander Zverev wins French Open.
Labour Urges Farage to End Silence Over £5m Crypto Gift
Labour writes to Nigel Farage demanding a clear account of a £5m gift from a crypto billionaire, amid scrutiny over property spending and a planning application for a luxury Kent home.
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Zelenskyy meets UK, France, Germany leaders to boost air defences
Volodymyr Zelenskyy discussed urgent air defence needs with UK, French, and German leaders in London after Russian hypersonic strikes. The allies condemned Moscow's attacks and called for a ceasefire.
Clegg: Silicon Valley Embraced Maga Politics for Self-Interest
Former Meta executive Nick Clegg says tech firms pivoted right for self-interest, criticizes UK's Palantir contract, and reflects on product shifts.
UK Firms Shift to Temp Hires Amid Economic Uncertainty
UK companies are increasingly hiring temporary workers over permanent staff due to low economic confidence and rising costs, according to a KPMG and REC report.
Chefs Back Burnham for PM to Cut VAT on Hospitality
Leading chefs, including Tom Kerridge, support Andy Burnham's call to halve VAT for hospitality to 10%, urging a leadership challenge to save the struggling sector.
Extra £174m for Lower Thames Crossing sparks cost concerns
The UK government allocates additional £174m for the Lower Thames Crossing, raising total public spending to £3.1bn amid criticism over spiralling costs and lack of published business case.
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Trump Tells Netanyahu Not to Retaliate Against Iran
Trump reportedly advised Netanyahu against retaliation as Iran and Israel exchange strikes, threatening the fragile ceasefire. Oil prices surge, markets fall.
Cubans Endure Endless Blackouts Amid US Oil Blockade and Sanctions
Four months into a US oil blockade, Cubans face daily blackouts, fuel shortages, and economic collapse. Protests grow as temperatures soar and basic goods become scarce.
ScottishPower Sends Cheques to Deceased Customer
Bereaved relatives report ScottishPower sending cheques and bills addressed to deceased loved ones, causing distress. Company apologises and reviews cases.
Armenia's Pro-Europe Party Wins Election, Shifts Away from Russia
Armenia's ruling pro-Europe party wins parliamentary elections, strengthening PM Pashinyan's push for European integration despite Moscow's warnings.
Summer 2026 Transfer Window: Top Deals from Europe's Leagues
All the latest Premier League, La Liga, Bundesliga, Ligue 1 and Serie A deals with a club-by-club guide, including Andy Robertson's free move to Tottenham.
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Tate & Lyle Agrees £2.7bn US Takeover, Jobs at Risk
Tate & Lyle accepts a £2.7bn takeover by US rival Ingredion, potentially cutting 475 jobs. The deal is a blow to London's stock market.
Alexia Putellas agrees terms with London City Lionesses
Alexia Putellas has agreed personal terms with London City Lionesses, marking one of the biggest signings in WSL history after leaving Barcelona.
Better Than Sanders' AI Fund: Energy Tax and Public AI
Bernie Sanders proposes a sovereign wealth fund from AI stocks, but experts argue energy taxation and a public AI option are more effective for democratic control and wealth redistribution.
Firefighter Union Leader Bob Brooks Seeks Congressional Seat
Bob Brooks, a former firefighter union leader, is running for Congress in Pennsylvania's seventh district, aiming to bring working-class representation to Washington.
Maine Primary: Scandals Dog Democrat Platner in Senate Race
Graham Platner, a Democratic Senate candidate in Maine, faces a primary amid scandals, while Republicans aim to unseat incumbent Susan Collins.
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UK PM Starmer Unveils AI Jobcentre in Your Pocket Tool
Keir Starmer announced a new AI tool to help job seekers find work, create CVs, and get back into employment. The trial runs for three months.
Financial Planning for a Parent's Death: Key Steps Beyond a Will
Financial planner Beth Pinsker shares essential documents and conversations to prepare for a parent's death, based on her own experience and her book My Mother's Money.
Netanyahu Orders Iran Strikes Despite Trump's Claim
Israel attacked Iran in apparent defiance of Trump, breaking April's ceasefire. Also: Trump walks out of NBC interview, Nick Clegg on Silicon Valley's rightward pivot, and more.
Unions Urge Government on Tata Steel Grid Connection
Trade unions call for government intervention after National Grid delays Tata Steel's new electric arc furnace connection by up to a year, threatening jobs and decarbonisation.
Global Stocks Slide on AI Worries and Oil Price Surge
Asian and European markets fell sharply amid fears over tech spending and Middle East conflict. Oil prices surged then eased after Iran halted military operations against Israel.
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FCA Sues Neil Woodford for Unauthorised Advice
The UK financial regulator is suing former investment star Neil Woodford for allegedly offering unauthorised investment advice online, months after announcing plans to ban him from the City.
Nationwide CEO Pay Hits £4.7m After Bonus Doubles
Nationwide building society nearly doubled CEO Debbie Crosbie's pay to £4.7m, including £3.2m in bonuses, despite a row over the bonus scheme. Staff get 3.8% average pay rise.
Markets Recover After Iran Ends Military Ops Against Israel
Oil prices fall and stock markets rebound after Iran announces end of military operations against Israel, easing geopolitical tensions.
Rename social media as antisocial media
A reader argues that 'social media' implies care, but platforms foster division. Other letters discuss AI empathy, David Sullivan, contacting MPs, and 'mogging'.
Man Utd confident of beating City for Anderson
Manchester United are optimistic they can beat Manchester City to sign Nottingham Forest's Elliot Anderson, valued at £100m, after City's £80m bid was rejected.
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Two US pilots killed in crash en route to pick up Yadier Molina
A plane crash in the Dominican Republic killed two US pilots who were on their way to pick up former MLB star Yadier Molina and his family.
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