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Balfour Beatty has upgraded guidance after stronger first-half infrastructure trading. UK power transmission and US building demand lifted earnings, while the group’s order book reached £22.9bn and its average net cash guidance increased.
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Spirax raised first-half profit while keeping its full-year guidance unchanged. Revenue increased 5%, with semiconductor and biopharmaceutical demand supporting growth across the engineering group’s specialist thermal and fluid-technology businesses.
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West Midlands leaders launched £10m to revive regional high streets. The programme will target empty shops, public spaces, events, markets, and business activity across several town and city centres.
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IHG increased first-half profit despite Middle East travel disruption pressures. RevPAR growth slowed during the second quarter, but stronger demand elsewhere and record hotel-development activity supported the group’s full-year expectations.
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Bellway delivered more homes despite weaker demand and rising costs. Completions increased 10.8%, but the forward order book fell as higher mortgage rates and affordability pressures weighed on reservations.
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UK vehicle investment is backing next-generation manufacturing and skilled jobs. Nearly £130m of matched funding will support zero-emission and automated mobility projects, with more than 1,800 manufacturing jobs expected to benefit.
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Spanish summer media consumption is fragmenting without audiences disappearing entirely. Dentsu research shows television retaining reach while streaming, radio, outdoor activity, and mobile contexts redistribute attention across a more complex seasonal media mix.
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Swiss Re says European heat mortality risk remains underestimated today. The reinsurer’s warning shifts the climate discussion towards life-and-health exposure, workforce resilience, and risk modelling as extreme temperatures drive thousands of excess deaths.
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Spain has temporarily restored border checks on passengers from Italy. The 30-day measure covers air and maritime arrivals, creating additional mobility friction inside Schengen while excluding most freight and preserving EU free-movement rights.
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Delfin’s succession structure is constraining decisions across Italian corporate power. Eight equal family stakes, supermajority voting thresholds, and a stalled €10bn buyout attempt are limiting strategic flexibility across a €55bn portfolio of influential holdings.