Babcock Brexit Covid Hit Navy Contract Profits Plunge

Babcock International reports a 90% profit drop, blaming Brexit and Covid for delays and cost overruns on a key Royal Navy contract. The defence contractor's shares fell 8% as it warned of further challenges.

Oil Prices Drop as US-Iran Peace Talks Progress

Oil prices fell sharply on Monday as US-Iran peace talks advanced, with Brent crude dropping 3.5% to $72.40 a barrel, while global stock markets rallied on reduced geopolitical tensions.

Johnny Marr Auctions Smiths Guitars, Rickenbacker, Gibson

Johnny Marr will auction iconic guitars from The Smiths, including a 1960 Gibson ES-355 and 1982 Rickenbacker 330 Jetglo, with estimates up to £150,000. Proceeds from 10 lots benefit Guide Dogs and the National Autistic Society.

BetVictor 100/1 England World Cup 2026 Odds Offer

BetVictor offers new customers enhanced odds of 100/1 on England winning the 2026 World Cup, with a maximum stake of £1. The offer requires opting in and placing a qualifying bet before June 29.

Cardiff Suburb House Plans Refused After Opposition

Plans to build four detached four-bedroom houses on Merthyr Road in Tongwynlais, Cardiff, have been refused after objections from neighbours, ward councillors, and the town council citing impact on green space, traffic, and a village hall.

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