UK banks defeat watchdog in legal battle over historic loan complaints

High Court rules that Financial Ombudsman Service unlawfully allowed consumers to challenge terms beyond 6-year limit

Posted on Wednesday June 24, 2026

How AI is transforming natural disaster prediction

Catastrophe scientists are pushing past the limits of physics-based models, improving how insurers calculate risk

Posted on Wednesday June 24, 2026

Segro rejects £12.6bn takeover bid from US data centre rival Prologis

UK landlord’s shares jump almost a fifth after its suitor urges shareholders to pressure the board to engage

Posted on Wednesday June 24, 2026

Segro rejects £12.6bn takeover bid from US data centre rival Prologis

UK landlord’s shares jump almost a fifth after its suitor urges shareholders to pressure the board to engage

Posted on Wednesday June 24, 2026

The scoop on the largest restructuring in history

Venezuela is set to reveal a $240bn debt pile, much higher than previously thought

Posted on Wednesday June 24, 2026

Burnham looks to move part of Number 10 operations to Manchester

Plan marks radical attempt to shift power beyond Westminster

Posted on Wednesday June 24, 2026

Britain’s grid operator calls for more electricity as temperatures soar

Extreme heat increases demand for power and reduces efficiency of solar panels

Posted on Wednesday June 24, 2026

Burnham draws up plans for devolution blitz ahead of key City speech

Likely next prime minister has signalled he wants to draw on Manchester example and shift power away from Westminster

Posted on Wednesday June 24, 2026

Euro sinks to one-year low as falling oil prices ease pressure on ECB

Traders back away from bets on further interest rate rises as economy slows

Posted on Wednesday June 24, 2026

Burnham’s first hire helps win over his doubters

James Purnell, set to be chief of staff, reassures Labour MPs about presumptive PM’s management of the economy

Posted on Wednesday June 24, 2026