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Royal Mail Delivers Only 75.7% of First Class Mail On Time, Below 93% Target

Royal Mail delivered only 75.7% of first class mail on time in the year to March, below its 93% target. Ofcom is concerned and plans a probe. The firm aims to meet new lower targets by next year amid ongoing investment and operational changes.

3 min read

Getty Images A postal worker in a high-vis orange jacket delivering post by pushing a red box, labelled Royal Mail, down a street

Nationwide Board Candidate Criticizes Lender for 'Unfair' Election Practices

James Sherwin-Smith accuses Nationwide Building Society of unfairly opposing his board candidacy by promoting a default vote against him, raising concerns about democratic governance within the mutual lender.

3 min read

Two women walk past a Nationwide building society branch on a high street

OurCoop CEO’s Pay Triples to £2.2m Despite Profit Decline and No Member Profit-Share

OurCoop tripled its CEO's pay to £2.2m despite falling profits and no member profit-share, sparking criticism from members and former staff.

4 min read

Top UK Chefs Urge Government to Cut VAT to 10% for Hospitality Sector

Four leading UK chefs urge the government to cut VAT to 10% for pubs and restaurants, citing severe financial pressures and the impact on youth employment in hospitality.

6 min read

Getty Images Chefs Ravneet Gill and Tom Kerridge

UK Thinktank Urges More Worker Control Over AI to Share Benefits Fairly

The IPPR and TUC urge stronger worker influence over AI adoption to ensure fair benefits, proposing a worker support levy and mandatory employer consultation.

3 min read

Power NI and Firmus Announce Energy Price Increases from July 1

Power NI and Firmus will raise energy prices from July 1 due to global cost increases, with Power NI's electricity rising 6.2% and Firmus' gas tariff up 15.65%. Both companies cite global market pressures and regional conflicts as causes.

2 min read

Getty Images Smart Energy Meter In Kitchen Measuring Electricity And Gas Use With Woman Looking At Bills With Calculator

Oil Prices Fall as US-Iran Peace Deal Hopes Boost Global Markets

Oil prices dropped sharply amid hopes of a US-Iran ceasefire deal, leading to significant monthly declines. Global stock markets rallied on optimism for peace and lower inflation risks.

3 min read

A Japanese oil tanker arrives at a refinery off Chita after negotiating the strait of Hormuz in April

Asian Stocks Rise, Oil Prices Fall on US-Iran Peace Deal Hopes

Asian stocks rise amid hopes of a US-Iran peace deal and reopening of the Strait of Hormuz. European markets open higher, oil prices fall sharply, and inflation data eases rate hike concerns.

6 min read

A drone view shows vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 25, 2026

Ocado to Manage All Asda Home Deliveries Starting Early 2027

Asda partners with Ocado to manage all home deliveries from early 2027, aiming to boost online growth and compete with Aldi and Lidl.

3 min read

Someone sitting at a table looks at the Asda website on a tablet

Belfast Pupils Run Successful Business Winning Top Young Enterprise Awards

Pupils at Park Special School in Belfast run a successful business, Where's Ma Keys, winning top Young Enterprise awards and using profits to benefit their school community.

3 min read

BBC Ritchie has brown hair and a short beard. He's wearing a navy school jumper with a white shirt and a navy, blue and yellow striped tie. He's looking into the camera. He's standing in a classroom.

Jamaica Nears Oil Drilling Decision Amid Climate and Economic Challenges

Jamaica is nearing a decision on offshore oil drilling amid economic pressures and climate commitments. Early tests suggest oil presence, but environmental concerns and the island’s green pledges complicate the debate.

6 min read

Photomontage of an egret, an oil refinery, a bus and two men by a motorbike filling jerrycans on a background of the Jamaican flag

EU Imposes €200m Fine on Temu for Selling Unsafe Products

The EU fined Chinese retailer Temu €200m for selling unsafe products like faulty chargers and hazardous baby toys, citing failure to assess risks. Temu disputes the fine and will submit an action plan by August 28.

2 min read

EPA Smartphone screen showing Temu website with flags in the background, at the headquarters of the European Council in Brussels.