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Economy

Royal Mail reports better performance but still falls short of regulator targets

Royal Mail says performance has improved but missed regulator-set delivery targets, flagging 'encouraging' trends amid ongoing pressures on postal services.

Trump Warns of Severe Economic Penalties for Countries Aiding Iran

Donald Trump warned of 'tremendous economic consequences' for any country aiding Iran after a 60-day ceasefire expired, escalating diplomatic stakes.
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Ferrari’s First Electric Model Fetches $40m Amid Design Backlash

Ferrari's inaugural electric car, the Luce, sold for $40m at auction while its design sparked critical debate.

Lawsuit Challenges Truth Social $100,000 Early-Access Service to Trump Posts

A lawsuit challenges Truth Social's $100,000 early-access offering that sells advance access to Donald Trump's posts alleged to move markets.

First sites for ‘pounds for pylons’ scheme named as nearby households get £250 discount

Officials have published the first sites for the 'pounds for pylons' scheme; households within 1,600ft of upgraded pylons will receive a £250 annual reduction on electricity bills.

Why Tech Investors Pushed for a Stake in the World Cup and Why the Plan Fell Apart

Tech investors pursued a commercial plan around the World Cup using AI-driven data and rights monetization; governance and rights-control concerns led to its cancellation.

Why Tech Investors Wanted a Slice of the World Cup — and Why the Plan Was Cancelled

Tech investors proposed an AI-driven commercial model for the World Cup but withdrew the plan after rights and regulatory objections, highlighting tensions in live-sports monetisation.

How a 90-second power outage disrupted the rail network and the wider economy

A 90-second power outage caused widespread rail disruptions, highlighting vulnerabilities in signalling and backup systems and prompting calls for greater infrastructure resilience.