Next now expects the conflict in Iran to cost £47m this financial year, a significant increase from the £15m estimate provided in March, indicating the escalating impact of geopolitical instability on global supply chains.
41.1% of transport & storage sector companies say they plan to increase their prices this month, together with 40.5% of retailers and 35.2% of manufacturers. This is a significant rise from April.
The Katie Simpson Review paints a grim picture, saying police demonstrated 'a striking lack of professional curiosity' around how the 21-year-old died.
Ascend Airways has cancelled all its flights effective immediately, blaming the ongoing Middle East war and increase in jet fuel prices for the situation. The airline has filed for administration and surrendered its UK air operator's certificate.
Evoke reported pre-tax losses of £549.1 million for 2025, more than doubling from £220.9 million the previous year, driven largely by UK tax increases and impairment charges.
Stuart Pringle, Silverstone's chief executive, said the venue stood ready to step in at short notice - just as it did during the Covid-19 pandemic when it hosted back-to-back races to keep the season alive.