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  • Farnborough opens with $48.8bn in orders and £7.7bn for UK industry
  • Iceland boss quits No 10 job: ‘damn hard to get anything done’
  • Burnham scraps VAT on electricity bills but most firms miss out
  • Borrowing beats forecasts at last, handing Healey an early win
  • Reynolds returns to a beefed-up business brief as Burnham axes DSIT
  • Defence rebel Healey handed No 11 in Burnham’s shock first move
  • Burnham calls Trump as Labour’s North Sea drilling ban wobbles
  • Liz Kendall exits government as her tech department faces the axe
  • Peter Kyle sacked, leaving SME late payment law without its champion
  • £750m UKEF deal backs 2,000 GE Aerospace jobs in Wales and Scotland

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June 6, 2009
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Latest News

The Farnborough International Airshow closed its opening day with $48.8 billion (£36.2 billion) of deals at list prices, and an estimated £7.7 billion of that work is heading to UK industry, a bigger slice than in 2024 despite a smaller global total.

Farnborough opens with $48.8bn in orders and £7.7bn for UK industry

Farnborough Airshow 2026 opened with $48.8bn in orders and £7.7bn of work for UK aerospace. What day one’s blockbuster deals mean for UK suppliers.

Iceland boss quits No 10 job: ‘damn hard to get anything done’

Burnham scraps VAT on electricity bills but most firms miss out

Borrowing beats forecasts at last, handing Healey an early win

Reynolds returns to a beefed-up business brief as Burnham axes DSIT

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Entrepreneur Focus…

The founders of UK fintech GoCardless are set for a significant financial windfall after the payments company agreed to be acquired by Dutch rival Mollie in a deal valued at €1.05bn (£920m).

Monzo founder Blomfield joins Anthropic as AI talent war escalates

Monzo founder Tom Blomfield has joined Anthropic’s compute team, the latest coup in the AI talent war. What his move signals for UK founders and SMEs.

Dame jayne anne gadhia

Banker who bought Northern Rock named to lead audit watchdog

Dame Jayne-Anne Gadhia, ex-Virgin Money chief, is the government’s pick to chair the FRC. What the audit watchdog’s new leadership means for UK firms.

Marketing

For decades, television advertising has been the preserve of brands with deep pockets and a media agency on retainer.

Small firms can buy ITV, Sky and Channel 4 airtime in minutes as Universal Ads launches in the UK

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In business

Jamie Dimon has handed Andy Burnham's day-old government both a vote of confidence and a warning shot. The JP Morgan chief executive says he wants London to remain the US bank's home "for a long period of time", but whether Britain stays attractive as a place to do business rests on the new prime minister and his chancellor reviving growth.

‘I’m praying they get policy right’: Dimon puts Burnham on notice

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