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Zero-hours contracts: ministers’ detailed plans for ban criticised by firms and unions
UK government says it would prefer workers to be guaranteed between eight and 20 hours a week based on regular hoursBusiness live – latest updatesMinisters are facing criticism from unions and employers after laying out details of plans for a guaranteed regular working week as part of a ban on zero-hours contracts.Under rules poised to come into force next year, employers will have to offer staff, including agency workers, a contract that guarantees a minimum number of hours each week based on t...
There are thousands of dirty old drill sites in Colorado. The state gave oil firms a $1bn pass
Investigation reveals regulator let firms off the hook on cleanup bonds despite backlog that will take decades to clearWhen Christiaan van Woudenberg moved to Erie, Colorado, in 2007, he never imagined he would become an anti-fracking activist. He simply thought he was buying his dream home – a four-bedroom with a panoramic mountain view, 30 minutes north of downtown Denver.Then, in 2014, the drilling started. Oil and gas rigs sprang up, some just 800ft (240m) from his bedroom window. The dream...
Thrive Holdings To Bet $1 Billion On AI-Powered Accounting Roll-Up
InnovationEditors' PickThrive Holdings To Bet $1 Billion On AI-Powered Accounting Roll-UpIn Thrive Holdings’ live-fire testing ground, self-improving AI models are achieving up to 98% data-entry accuracy, offering a blueprint for the automation of professional services.ByAnna Tong,Forbes Staff. Senior writer covering AIFollow AuthorJun 02, 2026, 10:00am EDT
England chiefs lay bare Fifa World Cup logistics schedule
The chief executive of the Football Association has laid bare the logistical complexities of England’s upcoming World Cup. The tournament is being held across the United States, Canada and Mexico with many European teams expecting to lose money, in part, because of travel issues. “These tournaments, you’re going to be away for a long time,” Mark Bullingham told Georgie Ainslie’s Performance People podcast. “The team flew in on 1 June. If we make it all the way to the final, we’d be flying b...
Former Lloyd’s DEI leader left Beazley over non-financial misconduct allegations
A former chief risk officer at cyber insurance giant Beazley left the FTSE 100 business following allegations of non-financial misconduct. City AM understands that Rob Anarfi, who had been at Beazley since 2012, left the FTSE 100 business early last year following allegations of non-financial misconduct. Anarfi was also chair of the Lloyd’s of London DEI committee and was a member of the Lloyd’s Market Association (LMA) board until April 2025. Due to his role in DEI, he was one of the si...
Patagonia faces PR backlash over trademark lawsuit with drag queen
Patagonia is in hot water over its legal action against a drag queen, but as lawyers suggest, businesses face a double-edged sword when it comes to protecting their trademarks. A drag queen artist and environmentalist Wyn Wiley was sued by the US outdoor retailer Patagonia, which alleged the performer violated its trademark by going professionally by the name ‘Pattie Gonia’. The artist denied having used the Patagonia logo in merchandise, saying the lawsuit “cherry-picks a few examples of p...
TG Jones owner Modella puts jobs at risk in shoe retailer overhaul
Modella Capital is set to put hundreds of jobs on the line as it pursues its latest drastic restructuring, this time of northern shoe seller Wynsors World of Shoes. The private equity firm which owns hundreds of former WH Smith stores has briefed staff on its plans for an overhaul at the shoe retailer it bought only months ago. Modella has stamped its presence on the British high street in recent months, buying up a string of struggling retailers before offloading the firms or subjecting th...
Adnoc plans new UAE pipeline to bypass Strait of Hormuz
Move by state-run oil group comes as Iran war highlights region’s reliance on key shipping route
A New Kind Of Hedging Market, And What It Means For Tech Leaders
InnovationA New Kind Of Hedging Market, And What It Means For Tech LeadersByLihong Wang,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 02, 2026, 09:15am EDTLihong Wang is Co-Founder & CEO at Freeport, building perpetual futures infrastructure onchain. gettyA few months ago, I had dinner with the founder of an AI inference company. He had just si...
Will CD account interest rates rise this summer? Experts weigh in
MoneyWatch: Managing Your Money Will CD account interest rates rise this summer? Experts weigh in We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aly J Yale Aly J Yale Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including invest...
Berkshire Hathaway Specialty Insurance Expands Marine Leadership; Names Ben Wyatt as Head of Marine for North America and the UK
Berkshire Hathaway Specialty Insurance (BHSI) today announced that Ben Wyatt has been promoted to Head of Marine for North America and the UK. Effective immediately, Ben expands his leadership responsibilities beyond the U.S. to include oversight of BHSI’s Marine business in the UK and Canada. In this role, Ben will drive underwriting, strategy, and portfolio management across these regions, enhancing alignment and further strengthening BHSI’s global Marine platform. Ben will partner closely...
UK bathroom firm plunges into administration – in business since 1992
UK bathroom firm plunges into administration – in business since 1992The company, which employed around 100 staff, owed £1.8 million to creditors in its latest accounts. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Toby Codd, Coreena Ford 14:05, Tue, Jun 2, 2026 Updated: 14:12, Tue, Jun 2, 2026 The company employed around 100 staff (Image: Simon Renilson)A British bathroom company has plunged into admin...
True Launches the True AI Capability Index℠ to Redefine Executive Assessment
True, the premier global executive talent platform powered by data, AI, and deep sector expertise, announced today the launch of the True AI Capability Index℠, a proprietary framework that predicts executive performance in the AI-transformation age. While the broader market struggles to assess technical adaptability, True is providing the first reliable system to assess candidates with the winning combination of proven execution and AI fluency. This press release features multimedia. View the...
Anthropic to expand Mythos access to more than 15 countries
About 150 organisations will be given advanced cyber security model following requests from around the world
How England’s largest forest went from commodity to conservation haven
Kielder in Northumberland is balancing commercial production with conserving peatland and rare plants and animalsDriving through part of Northumberland, you might look around at the tall Sitka spruce and imagine yourself in Canada’s evergreen forests, or perhaps, on a sunny day, in northern California. Instead, you are in England’s largest forest, Kielder, often heralded as success story that balances commercial production with ambitious conservation.The first trees of this 60,000-hectare forest...
Healthcare’s Cost Crisis Isn’t About Cost
InnovationHealthcare’s Cost Crisis Isn’t About CostByFawad Butt,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 02, 2026, 09:00am EDTFawad is CEO and co-founder of Penguin Ai, a healthcare AI startup that sells to payers, providers and revenue cycle management companies. getty At one point in my career, I had a fair amount of oversight of U.S. h...
Beloved electrical chain to shut eight UK stores and put 60 jobs at risk
Hughes Electrical is closing eight stores across East Anglia as part of a major restructuring programme that has placed around 60 jobs at risk.The family-owned retailer confirmed its Wisbech branch will shut this weekend while its Norwich delivery depot is also scheduled to close under the plans.Around 35 shop workers are facing possible redundancy alongside a further 25 employees based at the Norwich depot.The company said staff affected by the restructuring are currently being consulted while...
Iran conflict could cause further decline to M&A, leading tax firm warns
Merger and acquisition deal activity could see a further hit this financial quarter if the US and Iran do not reach a resolution to the conflict, a leading tax and accountancy firm has warned. The number of domestic and cross-border mergers and acquisition (M&A) transactions involving a change in majority share ownership fell to 352 in the first financial quarter of 2026, down from 495 the prior quarter, according to the latest figures from the Office for National Statistics. The value of d...
Jobs crisis: UK unemployment to hit highest level in a decade
Joblessness is set to hit its highest level in more than a decade as unemployment looks set to increase by 400,000 under the Labour government, according to a top business body. The British Chambers of Commerce (BCC) warns of a softening labour market, driven by falling vacancies and economic uncertainty, with unemployment projected to rise over the next couple of years before recovering in 2028. The overall rate is forecast to rise to 5.2 per cent in 2026 and peak at 5.5 per cent in 2027,...
Amazon’s four-day Prime Day begins on June 23rd
Amazon bucked its usual tradition of having Prime Day in July. Prime Day 2026 is happening in June, kicking off in just a few weeks. Prime members will get access to many deals starting June 23rd at 3:01AM ET through June 27th at 3:01AM ET. As with Amazon’s previous events, you don’t need to be a Prime member to buy products during Prime Day, but there will likely be member-exclusive sales. Moreover, you’ll get fast shipping on purchases, access to Prime Video, plus other member benefi...