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Heineken boss steps down as beer sales slow
The boss of one of the world’s largest beer brands, Heineken, is stepping down after six years as the firm battles falling beer sales. Dolf van den Brink said the Dutch brewer, which also makes pub favourites Birra Moretti and Cruzcampo, had been marked by “significant change” in recent years. The firm has been contending…
Higher tax helped government finance reach record January surplus
In January 2026, revenue from capital gains tax was nearly £17bn – 69% higher than in January 2025, he said, adding it was likely a reflection of investors disposing of assets since April 2024, ahead of an expected tax rise that came in the October 2024 Budget.
Portsmouth Water installs huge wall at Havant Thicket reservoir
A major engineering milestone has been reached on what is set to become the UK’s first new reservoir in more than three decades. Portsmouth Water said teams at Havant Thicket Reservoir installed a 20‑tonne steel cut‑off wall during a continuous 72‑hour operation at the start of the year. The wall, which is 13m (43ft) high…
Decision to run Manchester to London ghost train uninformed, regulator admits
Katy AustinTransport correspondent Getty Images The rail regulator has admitted it “did not have all the facts” when it decided to not allow passengers on a peak-time train service between Manchester and London. The Office of Road and Rail (ORR) said it was missing “critical points” when it made a decision that would have turned…
Betfred says all its shops may close if Reeves hikes gambling tax
All 1,287 Betfred shops could disappear from the UK High Street if Chancellor Rachel Reeves hikes taxes on gambling firms, the company’s co-founder and chairman has told the BBC. Fred Done, who set up Betfred in 1967 with his brother, said a closure of that size would put 7,500 jobs at risk. The billionaire businessman…
