Labor is the single biggest controllable cost line in any restaurant group, and it’s far too important to manage through disconnected systems and spreadsheet handoffs. Across the industry, payroll typically accounts for 30% to 35% of a restaurant’s gross revenue, putting it right at the top of the operating expenses. When profit margins regularly sit … Read more
Two men found guilty of conspiring to carry out arson attacks on property connected to Keir Starmer appear to have operated under the instruction of an online handler with links to Russia. Roman Lavrynovych, 22, from Ukraine, and Stanislav Carpiuc, 27, from Romania, were found guilty at the Old Bailey on Monday. Another Ukrainian man, … Read more
The court of appeal will be asked to increase the 21-year minimum sentence on Vickrum Digwa for murdering Henry Nowak, government law officers have decided. The solicitor general, Ellie Reeves, made the announcement on Monday that she was referring the case to the court of appeal under the unduly lenient sentence scheme. Nowak, 18, died … Read more
A schoolteacher described as a “serial manipulator and a serial liar” has been found guilty of sexually abusing and murdering a baby he and his partner had adopted. Jamie Varley, 37, of Staining, Lancashire, had denied being responsible for the death of 13-month-old Preston Davey but after an eight-week trial was found guilty of the … Read more
ASX has admitted misleading conduct over its CHESS replacement project, putting one of Australia’s core market infrastructure operators under scrutiny over disclosure controls, technology governance and operational risk. The Australian Securities and Investments Commission and ASX will ask the Federal Court to find that ASX contravened the law, impose an A$20.5 million penalty and order … Read more
The Office of the Comptroller of the Currency is reported to be preparing findings from a supervisory review into whether major US lenders improperly closed or restricted customer accounts on political, religious or industry-related grounds. The review has placed JPMorgan, Bank of America, Citigroup, Wells Fargo, Capital One, U.S. Bank, PNC, TD Bank and BMO … Read more
The US Treasury’s Financial Crimes Enforcement Network, FinCEN, has issued an advisory directing banks to watch for indicators that a customer may lack legal immigration status, expanding the information banks can share and sharpening compliance expectations across the sector. The advisory, published on 12 June 2026, sets out 18 red-flag indicators tied to fraud schemes … Read more
Salesforce has signed a definitive agreement to acquire Fin, the AI customer-service agent platform formerly known as Intercom, for approximately $3.6 billion, the company announced on 15 June 2026. The price is subject to customary purchase price adjustments, and the deal is expected to close in the fourth quarter of Salesforce’s fiscal year 2027, with … Read more
American Express has agreed to acquire TheFork, the European restaurant-reservation platform owned by Tripadvisor, for $700 million in an all-cash transaction announced on 15 June 2026. The deal, structured as a put option agreement, is expected to close before the end of 2026, subject to labour consultation and regulatory approvals. The price reflects roughly three … Read more
Judith Alexander was awake in bed on her phone when about 1am she heard two very loud bangs. It sounded to the prime minister’s sister-in-law like two wheelie bins had been thrown at the door. But when she looked out of a window, she saw smoke and an orange glow. “We could see the smoke … Read more