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Business

  • PwC UK chief swipes global role in international shake-up

    June 19, 2026

    The UK boss of PwC has been appointed to head up a larger role in the Big Four firm’s global network as the consultancy looks to centralise decision-making and reshape its international executive structure. Marco Amitrano will take up the new position on 1 July in addition to his current post leading the professional services [...]

  • Burnham turns to ex-OBR and Bank of England chiefs on economic policy

    June 19, 2026

    Andy Burnham has turned to a crop of heavyweight economic advisers, including a former Bank of England economist and the ex-head of the Office for Budget Responsibility, in a bid to bolster his economic credentials ahead of a potential Labour leadership challenge, it has been reported.  The new MP for Makerfield has sought advice from [...]

  • Retail sales jump as third-warmest May on record sends Brits to the high street

    June 19, 2026

    UK retail sales climbed in May, as consumers flocked back to the high street amid the heatwave and showed sustained demand for new electronic products. Retail sales volumes are estimated to have increased by 1.2 per cent in May, following a 1 per cent fall in April as fears over the Iran war caused Brits [...]

  • UK government borrowing overshoots expectations on day Burnham elected

    June 19, 2026

    UK government borrowing jumped higher than expected than expected in May, official data has shown, with Andy Burnham’s win in Makerfield now setting up a potential shift in public finance forecasts.  The Office for National Statistics said the government’s net borrowing was £23.2bn in May, above economists’ £19bn prediction.  Further government borrowing came as debt [...]

  • As it happened: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

    June 19, 2026

    Good morning from the City PM liveblog team. Andy Burnham has secured his place in the House of Commons after a decisive by-election win in Makerfield overnight, with 54.8 per cent of the vote, well ahead of Reform’s 34.5 per cent. Top of Burnham’s to-do list is triggering a leadership challenge inside the Labour party, [...]

  • Burnham warns Labour of ‘final chance’ after Makerfield win

    June 19, 2026

    Andy Burnham has warned Labour MPs they have a “final chance to change” after sweeping to victory in the Makerfield by-election and setting the stage for a leadership challenge against the Prime Minister. Allies of Burnham called on the Prime Minister to hand over power after he bucked a national slide in Labour’s popularity to [...]

  • Prem Rugby needs to switch up its calendar to stop final being banished to fringes

    June 19, 2026

    Ollie Phillips argues that on this super weekend for sport in the capital, Prem Rugby could do more to be noticed. London is on its very best form this weekend: some of the world’s most exciting male tennis players will contest the HSBC Championships semi-finals and final at The Queen’s Club in Baron’s Court; England [...]

  • Ministers open door to phased Heathrow third runway plan

    June 18, 2026

    Heathrow’s third runway expansion may be built over several phases in a bid to hit the government’s ambitious timeline, opening the door to a proposal tabled by rival bidder Heathrow West. In planning documents published by the Department for Transport on Thursday, the government said that a phased construction of the mega-project may be necessary [...]

  • Concern as gambling black market set for £40m Royal Ascot boost

    June 18, 2026

    Illicit Royal Ascot betting could boost the gambling black market industry by £40m as punters get drawn in by unregulated operators. The horse racing spectacle is underway in Berkshire with 300,000 fans expected across five days of Royal Ascot racing. But many punters across the racing diaspora are turning to black market betting, with regulations [...]

  • High streets score big after England World Cup win

    June 18, 2026

    British retailers are celebrating England’s opening World Cup victory after football fever boosted high street footfall. High street retailers scored an 8.6 per cent increase in footfall, with overall footfall across all UK retail destinations up 4.2 per cent, new data from property tech firm MRI Software has revealed High streets became busier during the [...]

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