BUSINESS

England's World Cup match against Panama is expected to generate £310M in spending, with pubs preparing for a surge in beer sales and fans contributing significantly to the UK economy.

In May, UK mortgage approvals hit an 18-month low at 56,205, as rising interest rates and economic uncertainty deterred buyers. Despite this, house prices continued to rise, creating a complex housing market.

Spotify paid more than $11 billion in royalties in 2025, but many artists still question whether streaming provides sustainable income and fair compensation.

Ford rehired 350 veteran engineers after leaning too hard on AI, then topped JD Power's 2026 quality study for the first time in 16 years.

US employers cut 97,006 jobs in May 2026, the worst May since 2020, as AI was named the leading reason for a third consecutive month.

Morrisons Daily plans to close over 100 stores due to financial losses, impacting hundreds of jobs. The closures follow Lidl surpassing Morrisons as the UK's fifth-largest grocer.

Ford has rehired over 350 experienced engineers to enhance AI-driven quality control, following initial setbacks in defect detection and production quality

More than half of UK first-time buyers receive family support, with £11bn helping bridge deposit gaps as affordability reshapes the housing market.

Social media claims about Vinted listings allegedly disguising child trafficking prompt investigations in France and Germany, though no criminal activity has been confirmed.

Meta is developing a prediction-market platform called 'Arena' amidst controversy over a US soldier's alleged insider trading. The move highlights prediction markets' shift towards mainstream consumer technology.

IBO International emphasises trader support as a key factor in platform quality, enhancing user experience and trust through 24/7 assistance and a secure trading environment.

Justin Fulcher emphasises the importance of compliance and integration in healthcare platforms, arguing that infrastructure, not technology, determines scalability and success in regulated environments.

Volkswagen is considering cutting 100,000 jobs and closing four German plants due to competition from Chinese EVs, soft European demand, and US tariffs, marking a significant restructuring effort.

How private equity allegedly profits from UK fostering agencies impact council budgets and local services. Learn about the financial strain on children's care and the role of public funding.

Larry Ellison's wealth is soaring as Oracle's AI infrastructure investments boost investor optimism, despite workforce reductions. Explore the impact of AI on Oracle's share price and future growth.

Prediction markets favour Mark Zuckerberg as the next trillionaire, with Nvidia's Jensen Huang as a close contender. AI investments are seen as key drivers for their potential wealth growth.

Eric Street turned a stroke-induced career change into a thriving business. His home laser-cutting business, LaserCraftworks, now turns over more than $100,000 a year.

MrBeast's journey from anime-inspired frustration to YouTube stardom highlights his innovative approach to content creation, focusing on viewer retention and viral challenges.

Six top fund managers reveal their favourite under-the-radar investments in healthcare, finance, retail, energy, and consumer goods with long-term growth potential despite risks.

Explore the $30B valuation gap in Binance founder CZ's $110B fortune, surpassing Bill Gates. Understand the implications for cryptocurrency investors and your portfolio's reliability.

Explore the rivalry between Jeff Bezos and Elon Musk as Amazon's Zoox achieves 500,000 free driverless taxi rides and Blue Origin proposes a Mars Telecommunications Orbiter for NASA's 2028 mission.

A proposed property tax reform backed by Andy Burnham could see London homeowners paying £7.5 billion more annually, with varying impacts across different boroughs.

CZ Zhao's fortune climbs above Bill Gates as Forbes values his Binance stake at over $100B, despite a difficult period for the wider crypto market.

MacKenzie Scott's $26 billion in donations has transformed non-profits, but her rapid, unrestricted giving through Yield Giving has sparked fresh questions about oversight and accountability.

New GMAC research reveals the skills employers want most in the AI era, from communication and adaptability to AI tools and data analysis.

Pearson's GCSE Spanish revision guide faces criticism for including phrases supporting transgender rights, sparking accusations of indoctrination and highlighting ongoing educational debates.

Parents are hiring 'phone valets' to collect teens' phones at parties to promote face-to-face interaction and reduce screen time.

Yrefy, a student loan refinancing company with a controversial past, gains access to university audiences through a sponsorship with TPUSA, raising concerns about financial marketing to students.

US layoffs reached their highest May level since 2020, with AI cited in 40% of cases. The trend raises questions about AI's true impact on the labour market.