Ascot quits Racecourse Association as Jockey Club sets ultimatum May 4, 2026 Ascot chiefs have quit the Racecourse Association after the industry body failed to resolve “structural governance concerns” to its satisfaction. The Jockey Club, Ascot, Goodwood, Newbury and York racecourses wrote to the RCA to demand changes earlier this year. The Jockey Club has given the RCA more time to deliver reforms but Ascot has served [...]
Trump turmoil sends oil prices back toward multi-year peak May 4, 2026 Iran hits back at president’s ‘Operation Freedom’ pledge for safe passage through the Strait of Hormuz; Brent up over 5 per cent to $114 a barrel The main international oil price surged back toward multi-year highs on Monday, as US President Donald Trump’s pledge to get tanker traffic moving through the Strait of Hormuz was [...]
UK carbon markets stand to get an AI boost May 4, 2026 The connection between AI growth and carbon market demand is one the UK is well positioned to act on, writes Chris Hayward.
Gamestop makes $56bn play for Ebay to take fight to Amazon May 4, 2026 Video game retailer Gamestop has made an unsolicited bid for e-commerce site Ebay in a bid to take the fight to Amazon. The world’s largest brick-and-mortar entertainment software retailer has made an offer to snap up Ebay that values the platform at $125 a share – a $20 premium on the stock’s closing price in [...]
Sparking interest: Could utilities stocks power your portfolio? May 4, 2026 The FTSE 100 isn’t known as the flashiest of stock markets, lacking the might of the trillion-dollar tech stocks of the US or the glamorous luxury conglomerates of France. But what it lacks in shine, it makes up for in reliability, with the index reporting a 21.5 gain in 2025, its strongest calendar year performance [...]
London hotel occupancy slides as Iran war wreaks travel havoc May 4, 2026 International travel chaos caused by the Iran war is beginning to hit London’s hotels, fresh data has found. The occupancy of London’s hotels fell year on year in March, according to audit firm RSM.Hotel experts attribute the decline to a fall in tourism. Luxury London hotels enjoy a huge amount of custom from Middle Eastern [...]
Track Radio bets on sport, music and BBC veterans to prove winning formula May 4, 2026 Track Radio launches today, on a mission to reach a neglected audience with a blend of sport and music, and a strong presenter line-up, founder Iain Macintosh explains. Sport and music have always been happy bedfellows – Mick Jagger and cricket, Elton John and football, Snoop Dogg and, well, just about anything – so it’s [...]
Gloucester Rugby secure £300k fan investment at £36.5m valuation May 4, 2026 Gloucester Rugby have raised £300k from a fan investment cycle at a valuation of £36.5m as investment in the Prem continues. With 23 days left on their public raise, the Prem Rugby strugglers have achieved a fresh goal of having £300,000 in commitments. The 122 investors have pledged an average of over £2,500 apiece but [...]
Food prices set to soar 50 per cent since cost-of-living crisis began May 4, 2026 UK food prices are on track to be 50 per cent higher by November compared to levels at the start of the cost-of-living crisis, piling fresh pressure on households already struggling with rising bills. New analysis from the Energy and Climate Intelligence Unit (ECIU) warns the surge would mark a “grim milestone”, with price growth [...]
Greene King selling 150 pubs over ‘unprecedented costs’, boss says May 4, 2026 Greene King’s decision to put 150 pubs up for sale was a reaction to the “unprecedented” costs facing hospitality, its boss has said. The pub chain, one of the UK’s largest, revealed plans to put as many as 150 pubs on the chopping block in March and chief executive Nick Mackenzie told City PM this [...]
