John Lewis Boss Pay Rises to £1.2m as Jobs Cut
John Lewis Partnership CEO Jason Tarry's salary increased 21% to £1.2m while the retailer eliminated 3,300 jobs, but workers received their first annual bonus in four years.
Category : Business
Ceasefire Fails to Ease Shipping Gridlock in Hormuz
Despite a US-Iran ceasefire, 2,000 ships remain trapped in the Gulf as Iran retains control over transit permissions, with experts predicting no mass exodus through the critical Strait of Hormuz.
Cabin Bag Assault Course Test: Best UK Luggage 2026
A seasoned traveller braved mud and obstacles to test the best carry-on luggage in the UK. Discover top picks for hard-shell, budget, and luxury cabin bags, with tips on size and materials.
Airlines Raise Baggage Fees as Iran War Drives Up Fuel Costs
Delta, United, and JetBlue increase checked bag fees by $10-$50, citing soaring jet fuel prices from the US-Israeli war in Iran, even as Delta projects a $1bn quarterly profit.
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Markets Rally on US-Israel-Iran Ceasefire, Oil Prices Tumble
Global stock markets surge and oil prices plummet following a two-week ceasefire agreement between the US, Israel, and Iran, while Israel intensifies strikes in Lebanon.
Shell Trading Profits Soar, Qatar Gas Output Hit by Conflict
Shell expects significantly higher trading profits in Q1 2024, driven by market volatility from the Iran crisis, while Qatar gas production falls due to Middle East conflict impacts.
RBA Governor's Recession Remarks Spark Economic Anxiety
Reserve Bank of Australia governor Michele Bullock's comments on potentially causing a recession to curb inflation have raised concerns among economists and citizens alike, highlighting the delicate balance in monetary policy.
Fuel Theft Surge Hits Trucking Industry in Price Crisis
Trucking companies report increased fuel siphoning and drive-offs as diesel prices soar above $3 per liter, with police data showing mixed trends across Australian states.
New Zealand's Mailboat: A Scenic Postal Adventure
In New Zealand's Queen Charlotte Sound, tourists can join a mailboat cruise where the skipper delivers post to remote homes, offering a charming alternative to extreme sports.
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Albanese's Singapore Fuel Mission Amid Oil Crisis
Prime Minister Anthony Albanese makes an urgent trip to Singapore, Australia's primary fuel supplier, as global oil market instability threatens domestic petrol prices.
Tourists Ignore Warnings for Highland Cow Selfies
Visitors at Butser Hill in Hampshire are dangerously approaching Highland cows for photos, ignoring park warnings about terrain risks and animal safety.
Tribunal Backlog Soars as New Worker Rights Launch
The Employment Tribunal backlog in England and Wales has surged nearly 50% to over 68,000 cases, raising concerns as new rights under the Employment Rights Act come into force this week.
Abandoned UK Theme Park Could See Revival After 27 Years
Frontierland in Morecambe, closed since 1999, may be transformed by Lancaster City Council into a leisure site, with hopes for a fairground revival.
Iran's $1M Strait of Hormuz Toll Plan Amid Reopening
Iran plans to charge vessels $1 million to pass through the Strait of Hormuz, as the crucial oil route reopens following a peace deal with the US, potentially impacting global fuel prices.
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Energy Bill Threat Recedes, But Retail and Hospitality Remain on Brink
The Iran-US ceasefire offers relief from potential energy bill spikes for UK businesses, but retail and hospitality sectors warn of ongoing pressures from taxes, wages, and supply chain inflation.
Caravel and Studio Kitchen Restaurants Shut Down in London
Caravel, a beloved floating restaurant on Regent's Canal, and its sister venue Studio Kitchen have closed immediately, with owners citing undisclosed reasons. The shutdown follows the departure of founders Fin and Lorcan Spiteri last year.
Turkey's Turquoise Aegean Coast: A Paradise of Slow Living
Explore Turkey's Aegean coast, a stunning region with turquoise waters, UNESCO sites, and a focus on slow living, fresh cuisine, and outdoor adventures.
West London Private Club Café Opens to Public After 104 Years
The Sloane Club in Chelsea has opened its new Café 1922 to the public for the first time, offering artisan pastries, fine wines, and a glimpse into its historic private members' world.
Blue Owl Capital Outlook Cut Negative Amid Credit Woes
Moody's downgrades Blue Owl Capital's flagship fund outlook to negative as investor redemptions surge, with shares plummeting 44.6% amid private credit sector turmoil.
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Forza Horizon 6 Map Based on Pokémon Red/Blue Japan Region
Playground Games unveils the Forza Horizon 6 map, set in Japan's Kantō region, the same area that inspired Pokémon Red and Blue, featuring Tokyo and the Japanese Alps.
Travel Expert's 4 Cheap Hot Holiday Spots for May 2026
A travel specialist identifies four budget-friendly destinations with guaranteed sunshine for May 2026 escapes, featuring deals from £175 per person before summer price surges.
JP Morgan's New Skyscraper to Be Tallest in Canary Wharf
JP Morgan Chase has secured an agreement with London City Airport to build a £3 billion skyscraper in Canary Wharf, set to be the tallest tower in the area and one of Europe's largest office buildings.
Ceasefire May Lower UK Fuel Prices, But Not Immediately
The temporary US-Iran ceasefire has reopened the Strait of Hormuz, potentially easing petrol and diesel costs in the UK. However, experts warn that price drops may take weeks to materialize at pumps.
Artemis II Finds 'Smiling Face' Crater on Moon's Dark Side
NASA's Artemis II mission has captured images of a crater on the moon's far side that appears to show a smiling face, sparking comparisons to internet memes and anime characters.
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Save Up to 73% on Beauty Brands Like Rhode and Charlotte Tilbury
Discover incredible discounts on top beauty brands including Rhode, Elemis, and Charlotte Tilbury, with savings up to 73% on skincare, haircare, and fragrance products this season.
Ninja Foodi Max Health Grill and Air Fryer £149.99 Amazon Deal
Amazon offers the Ninja Foodi Max Health Grill and Air Fryer at £149.99, a 44% discount. This versatile appliance combines grilling and air frying, ideal for healthy cooking in small kitchens.
Moelis European Head Van Slingelandt Leaves for Entrepreneurship
Moelis & Company's European head, Jeroen van Slingelandt, is leaving the investment bank to start his own venture, marking a significant leadership change in the firm's European operations.
NatWest Hires Jefferies' Rodolakis to Head Financial Sponsors
NatWest Group has hired George Rodolakis from Jefferies to lead its financial sponsors team, aiming to boost its advisory services for private equity and investment firms.
Middle East Conflict Causes Worst Equity Outflows in Months
The Middle East conflict has sparked the worst equity fund outflows since November 2025, with March seeing £1.4bn withdrawn amid inflation and fuel shortage fears. UK equities were hit hardest, while bond funds also suffered significant losses.
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Construction Jobs Cut After Record Inflation Rise
Construction companies accelerated job cuts in March as cost inflation surged to its highest level in over three years, driven by fuel, transportation, and raw material costs.
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