BUSINESS

MPs approved plans allowing ministers to influence pension investments, raising concerns about political control and risks to long-term retirement savings.

Europe faces a jet fuel shortage, raising concerns about potential flight disruptions. The UK is particularly vulnerable due to its reliance on imported fuel and limited refining capacity.

Europe may face flight cancellations as jet fuel supplies dwindle due to the Iran conflict and Strait of Hormuz closure, warns the International Energy Agency.

A leaked UK government document reveals potential food shortages this summer due to CO₂ supply disruptions from the Iran conflict, affecting industries reliant on gas.

A wave of UK retail collapses highlights what administration means, as major brands shut stores and thousands of jobs disappear.

The fall of EO Charging exposes financial strains in the EV market, despite rising demand and global expansion efforts.

Activists have launched a campaign against the 2026 Met Gala, targeting Jeff Bezos and Amazon for alleged worker exploitation and political ties, sparking debate on corporate influence in cultural events

Allbirds, known for sustainable footwear, rebrands as NewBird AI, shifting focus to GPU rentals amid declining revenue and market challenges.

The UK government announces significant reforms to council tax debt collection, aiming to reduce financial pressure on households by slowing down processes and introducing flexible repayment plans.

A batch of Xanax XR is recalled due to improper dissolution, posing potential health risks. The FDA advises patients to consult their doctors for alternatives.

CEOs are increasingly receiving near-identical strategic advice from AI tools such as GPT, Claude, Gemini and Grok, according to research discussed in Harvard Business Review.

Hotel room rates in the US are dropping ahead of the 2026 World Cup due to geopolitical tensions and travel restrictions, impacting expected international visitor numbers.

The UK will rejoin the Erasmus+ programme by 2027, restoring academic exchanges with the EU. This move aims to mend post-Brexit relations and enhance educational opportunities.

Allbirds stock surges nearly 600% after AI pivot and NewBird rebrand sparks investor frenzy and raises questions over its future strateg

The BBC is cutting 2,000 jobs due to financial strain, changing audience habits, and a push towards digital transformation, aiming for £500 million in savings.

Lufthansa pilots' strike results in over 1,000 flight cancellations, causing significant disruptions at major UK airports and affecting thousands of passengers.

Disney's CEO Josh D'Amaro announced 1,000 layoffs to streamline operations and foster a more agile workforce, following previous job cuts and industry changes.