Business
UK food prices to rise into 2027 as drought hits crops
The Food and Drink Federation has warned that grocery prices will continue rising into 2027, with the possibility of shortages, as one of the UK’s hottest and driest summers on record cuts supplies of fruit, vegetables and grain.
The trade body, which represents food and drink manufacturers, said the lack of rainfall and arid conditions were likely to lead to higher prices and lower supplies of fruit and vegetables, putting upward pressure on food inflation into next year.
The supply of a number of UK-grown crops, including broccoli and cherries, has already come under pressure, while poor grain harvests are driving up the cost of animal feed, which could lead to more expensive meat.
The warning comes as Britain braces for the fifth heatwave of the summer, with temperatures expected to reach as high as 38C on Thursday. More than two thirds of England has been declared to be in drought this week.
Dr Liliana Danila, chief economist at the FDF, said: “Not only is the UK experiencing one of its hottest and driest summers on record, but across most of Europe heatwaves and severe droughts are impacting fruit, vegetable and grain supply.
“Competition for fewer resources will in turn push up the price of ingredients for manufacturers. The UK’s food and drink manufacturers work hard to absorb costs where they can, but are already grappling with rising costs as a result of war in Ukraine and in Iran, so we expect the additional upward pressure of reduced crops will be reflected in retail prices into next year.”
Retailers have already reported food prices rising this summer as hot weather reduced harvest yields. Food inflation climbed to a peak of 19.2 per cent in 2023, and household bills rose rapidly after Russia’s invasion of Ukraine four years ago.
At its interest rate meeting last month, the Bank of England warned that an especially strong El Niño weather phenomenon, as has been predicted this year, would lead to “hotter and drier conditions across several major agricultural-exporting regions [which] could reduce crop yields and put upward pressure on global food prices”.
The Agriculture and Horticulture Development Board said milk production has already been affected by the extreme heat, with yields hit by heat-stressed cows and poor conditions for grass grazing.
NatWest has drawn up plans to offer loan repayment holidays and overdrafts to its more than 40,000 farming borrowers, who face the prospect of lower crop yields. The bank warned that the impact could outlast the immediate heatwave, with warmer weather increasing the risks of disease outbreaks and damaging livestock productivity.
Ian Burrow, head of agriculture at NatWest, said: “British farmers are increasingly being forced to manage the consequences of weather extremes, from flooding one season to drought the next. The challenge for many businesses is no longer simply recovering from a single event but building resilience for a future where these conditions are becoming more frequent.
“With harvests progressing earlier than usual in some areas and livestock farmers already relying on winter feed stocks due to poor grass growth, cashflow and feed availability could become increasingly challenging.”
Analysts at Shore Capital have warned that Britain faces its worst food security crisis in decades as repeated heatwaves risk ruining farmers’ harvests.
Business
3 Common Pitfalls When Relying on Manual Invoice Checks in Small Accounts Teams
Manual invoice checking often works well when a business is small and transaction volumes are predictable. The trouble starts when the same two or three people are approving supplier invoices, reconciling payments, answering internal queries and reviewing shipping charges at the same time.
Carrier invoices are particularly difficult because the final billed amount can contain adjustments that were not present when the shipment was created. A reviewer may confirm that the invoice total looks reasonable without ever testing whether the individual shipments were billed correctly.
Reviewers Start Looking for Big Errors and Miss Repeated Small Ones
After checking several pages of an invoice, people naturally begin focusing on numbers that look unusual. A $400 discrepancy attracts attention; an extra $3.80 usually does not. Yet carrier billing problems often live in those smaller adjustments.
Canada Post, for example, can reweigh and remeasure parcels during processing, with resulting corrections appearing on the bill. A small accounts team checking invoices visually may approve dozens of minor weight or volumetric adjustments because each seems plausible individually. The real problem becomes visible only when those adjustments are grouped by package type, service or shipping location. What looked like harmless rounding can turn out to be a recurring measurement or billing issue.
The Invoice Gets Checked Against Itself
One of the biggest weaknesses of manual review is surprisingly simple: the invoice often becomes its own source of truth. An employee checks the subtotal, confirms taxes, scans the shipment descriptions and makes sure the final figure adds up. Mathematically, everything works. That does not establish that the charges were correct.
A proper Canada post shipping audit needs a second version of events: shipment records, declared dimensions and weight, service selected, origin and destination information, and applicable rates or contract terms. That distinction matters because Canada Post can base charges on its own audit and place resulting price adjustments on a current or later invoice. Without shipment-level comparison, an accounts employee may verify the carrier’s arithmetic rather than verify the carrier’s billing.
Yesterday’s Exception Becomes Tomorrow’s Normal Charge
Small finance teams develop useful shortcuts. They remember that a particular surcharge appears frequently, that one warehouse tends to generate heavier parcels, or that certain shipments usually cost more. The danger is that familiarity gradually replaces verification.
Suppose the same package repeatedly receives a volumetric adjustment. Canada Post calculates parcel pricing using the greater of physical weight and volumetric equivalent, and its systems can verify parcel dimensions after induction. After seeing that adjustment for several weeks, a reviewer may simply expect it. But repetition could point to oversized packaging, inaccurate warehouse measurements or a discrepancy worth investigating. Manual checking is particularly weak at distinguishing a legitimate recurring cost from a recurring problem.
Final Thoughts
The weakness of manual invoice checking is not that accounts staff are careless. It is that carrier invoices contain more variables than a person can reliably compare line by line while handling the rest of a busy finance workload. Weight corrections, volumetric adjustments and later billing changes can all look perfectly ordinary on an invoice. For small teams, the better approach is to make review exception-driven: compare carrier charges with original shipment data, identify recurring patterns and spend human attention on discrepancies that actually need investigation.
Business
Shenton Quarter entity Iris-PW in administration
Insolvency practitioners have taken control of the entity behind the $140 million Shenton Quarter project, with Perth partners called in to run a ruler over its books.
Business
Sampo Oyj 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:SAXPY) 2026-08-12
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Clifford Chance faces $10m claim over alleged Sam Luttrell assurance
ASX company Equatorial Resources has launched a $10 million legal action against its former legal advisers Clifford Chance linked to work on a $1.7 billion-plus row with Congolese government.
Business
Meghan Markle Unfazed By UK Critics As She Prepares For 2027 Invictus Games Return, Royal Expert Says
LONDON — Meghan Markle is expected to join Prince Harry on a return trip to the United Kingdom for the 2027 Invictus Games in Birmingham, according to a royal commentator, despite ongoing public division over the Duchess of Sussex in Britain.
The prediction follows Harry and Meghan’s recent family visit to Highgrove House, King Charles III’s private residence in Gloucestershire, where the couple met with the king as part of what has been described as an effort toward reconciliation between Harry and the royal family. The visit came as Harry continues preparing for the next edition of the Invictus Games, the international sporting competition he founded in 2014 for wounded, injured and sick military service members and veterans, which is set to take place in Birmingham from July 10 to 17, 2027, marking the first time the Games have returned to the U.K. since the inaugural 2014 London event.
Jennie Bond, a former BBC royal correspondent and longtime commentator on the royal family, said Meghan remains a deeply polarizing figure in Britain but is unlikely to let that criticism keep her away from future public appearances alongside her husband. “Her critics and her fans are equally vocal and passionate,” Bond said, adding that Meghan is likely aware that a significant portion of the British public blames her, at least in part, for Harry’s estrangement from the rest of the royal family.
Bond said that awareness means Meghan will understand that any public appearance tied either to the Invictus Games or to commemorations marking the 30th anniversary of Princess Diana’s death, which also falls in 2027, carries a real risk of renewed public criticism. Even so, Bond suggested Meghan had already signaled her willingness to join Harry at UK events this year before a separate security-related controversy disrupted those plans, and said there is every reason to expect her to attend the Birmingham Games regardless of the backlash she might face.
According to Bond, Meghan’s attendance at the Invictus Games has become something of a fixture for the couple, making her presence at the 2027 edition a near-certainty barring unforeseen circumstances. She noted that Meghan remains well regarded within the broader Invictus community itself, even if her public image in the U.K. more broadly remains contentious. Bond expressed hope that Meghan would be able to attend the Games without facing excessive public criticism, given her standing as Harry’s wife and her personal popularity among Invictus competitors and their families.
Harry has continued to publicly emphasize his commitment to the Birmingham Games as preparations intensify. Following the recent selection of South Korea to host the 2029 Invictus Games in Daejeon, Harry issued a statement reflecting on the broader growth of the Invictus movement since its founding, saying the event has demonstrated the power of sport to support recovery, challenge perceptions of disability, and build a global community rooted in resilience, service and hope. Turning to the 2027 Games specifically, Harry said organizers’ focus has shifted to Birmingham, describing it as the city that helped shape the broader Invictus community.
Speculation over the future of the Birmingham Games flared earlier this year amid reports that the event faced funding uncertainty following the loss of some sponsorship support, including from aerospace giant Boeing. Invictus Games organizers subsequently moved to dispel those concerns, confirming that discussions with Boeing and other partners regarding the Birmingham Games remained active, even as the company has continued its separate support for Invictus editions in Germany and Australia.
The Birmingham Games will be staged at the National Exhibition Centre, with the bid having been backed by the UK government through a funding commitment made via the Office for Veterans’ Affairs. Birmingham was selected over Washington, D.C., in a competitive bidding process, with organizers citing the city’s strong ties to the armed forces community, including its Queen Elizabeth Hospital, which specializes in treating military casualties and hosts the Royal College of Defence Medicine.
Harry and Meghan stepped back from their roles as senior working royals in 2020, a decision that followed public statements from the couple describing tensions within the royal family, and the two have since built an independent life based in Montecito, California, with their two children, Prince Archie and Princess Lilibet. Despite that separation from official royal duties, the Invictus Games have remained one of the few consistent threads connecting the couple to public life in the United Kingdom, with Meghan having appeared alongside Harry at previous editions of the Games in cities including Sydney, Düsseldorf and Vancouver-Whistler.
With the 2027 Invictus Games now over a year away, further details on Meghan’s planned involvement, along with broader questions about the extent of any continued reconciliation between Harry and the rest of the royal family, are expected to become clearer as preparations for the Birmingham event continue. Neither Buckingham Palace nor representatives for the Duke and Duchess of Sussex have issued formal public comment on Meghan’s specific plans to attend the 2027 Games.
Business
European stocks edge lower as oil’s six-day surge and U.S. inflation loom

European stocks edge lower as oil’s six-day surge and U.S. inflation loom
Business
growth in 10 of 12 UK regions in July
Business activity rose in 10 of the UK’s 12 nations and regions in July, up from just three in June, according to the latest NatWest UK Regional Growth Tracker.
The survey, compiled by S&P Global from responses to its UK PMI surveys, attributed the improvement to reduced cost pressures and a general pick-up in business confidence at the start of the third quarter.
The Tracker’s headline measure is the Business Activity Index, where any reading above 50.0 signals growth and higher readings indicate faster expansion.
London topped the rankings in July with a reading of 55.3, ahead of the South East on 53.2 and Northern Ireland on 51.4. Scotland, at 47.3, and Yorkshire & Humber, at 49.1, were the only areas to record decreases in output.
The July figures mark a step change from June, when growth was confined to London (54.1), the South East (50.9) and the North East (50.8), and Northern Ireland posted the sharpest fall in output at 43.9.
Cost pressures eased in all 12 areas in July, the survey found, leading to generally slower rises in prices charged for goods and services. Growth expectations for the year ahead also recovered further across most parts of the UK.
Sebastian Burnside, NatWest chief economist, said: “Most areas of the UK enjoyed a positive start to the third quarter, seeing output levels rise as price pressures eased further from their recent highs.
“Business activity growth widened to encompass all but two of the 12 UK nations and regions monitored in July, supported in most cases by improved trends in underlying demand. Moreover, firms in most areas were increasingly upbeat about the outlook, raising the prospect of stronger growth in the second half of the year.
“Rates of increase in business costs fell sharply across the board, which reduces the upside risks to headline inflation and thereby the chances of an increase in interest rates in the coming months.
“Adding to the positive news, there were further signs that labour market conditions are beginning to stabilise, with July seeing workforce numbers fall at slower rates in most cases and even rise in some parts.”
The Bank of England held Bank Rate at 3.75 per cent at its meeting on 30 July, with the Monetary Policy Committee’s next decision due on 17 September. Expectations for rate cuts this year have shifted repeatedly as energy prices and inflation forecasts moved in response to the Middle East conflict.
The Tracker’s findings on sentiment follow separate survey data showing UK business confidence at a nine-month high as trade tensions eased.
On the labour market, the survey’s signal of slower falls in workforce numbers comes after recruitment industry data pointed to a slowing decline in UK job vacancies, led by growth in the services sector.
The NatWest UK Regional Growth Tracker covers Scotland, Wales, Northern Ireland and nine English regions. Survey responses are collected in the second half of each month and indicate the direction of change compared with the previous month.
Business
Australian shares fall as investors heed bank warnings
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Business
Prince William, Kate Reportedly Feel ‘Betrayed’ By King Charles’ Secret Meeting With The Sussexes
Prince William and Catherine, the Prince and Princess of Wales, reportedly felt blindsided and upset after King Charles III held a private meeting with Prince Harry and Meghan Markle last month, according to a royal commentator, though neither Buckingham Palace nor Kensington Palace has publicly confirmed the reported reaction.
The claims stem from a report by Emily Andrews, a British royal journalist writing for Woman & Home magazine, who said she understood the Waleses’ reaction to the meeting to be one of shock and hurt. “Betrayed and possibly even humiliated,” Andrews wrote of what she described as William and Catherine’s response to the King’s outreach toward the Sussexes.
According to Andrews’ reporting, Harry and Meghan met privately with King Charles and Queen Camilla at Highgrove House, the King’s private residence in Gloucestershire, during a family trip to the United Kingdom and Portugal last month. The couple’s two children, Prince Archie, 7, and Princess Lilibet, 5, were also present for the reunion, marking a rare instance of the full Sussex family appearing together with senior royals since Harry and Meghan stepped back from official duties in 2020.
Andrews reported that William and Catherine were informed of the planned meeting only shortly before it took place, and that Queen Camilla herself was said to have learned of the details on a similarly short timeline. She also reported that the King had reportedly offered Buckingham Palace as a place for the Sussexes to stay during a future UK visit, a detail Andrews suggested added to the sense of surprise felt by the Prince and Princess of Wales. None of these specific details have been confirmed on the record by representatives for the King, the Wales family or the Sussexes.
The reported fallout has since been described in some coverage as having prompted what were characterized as “crisis talks” between William, Catherine and the King, reflecting what Andrews and others have portrayed as a continued rift over how the family should handle its relationship with Harry and Meghan. Separate reporting citing unnamed palace insiders has claimed William and Catherine believe they should maintain minimal further involvement with the Sussexes and had encouraged Charles to keep his distance from the couple, though there has been no on-the-record confirmation of that specific position from William, Catherine or their representatives.
Holly Baird, a crisis management expert with the firm MediaSourcePR, cautioned against reading too literally into terms like “crisis talks” when they appear in royal coverage. Baird said such language can simply indicate that “an institution recognizes a narrative has reached the point where it requires active management,” rather than necessarily implying panic or dramatic internal conflict. She said royal-related crisis discussions typically focus on more practical questions, including messaging strategy, the timing of public appearances, and whether to respond directly to a story or allow it to pass without comment.
Baird also pushed back on the framing of the reported meeting as a clear-cut loss for William and Catherine. She argued that treating any reconciliation between Charles and the Sussexes as inherently damaging to the Wales family’s position reflects a particular narrative choice rather than an inevitable read on the situation, noting that a less confrontational storyline centered on family reconciliation could ultimately serve the broader royal family’s public image. She said unresolved family tension tends to create what she called “an evergreen narrative” that continues generating media coverage regardless of how the underlying relationships actually evolve.
The reported meeting adds to years of public estrangement between the Sussexes and other senior royals, a rift that has played out extensively across television interviews, the couple’s Netflix documentary series, and Harry’s 2023 memoir, “Spare,” all of which detailed the couple’s account of tensions within the institution before their departure from royal duties. That history has left international media coverage highly attentive to any sign of a shift in the relationship between Charles and his younger son, with commentators noting that any apparent warming between the King and the Sussexes tends to immediately raise questions about where that leaves William’s position within the family dynamic.
Despite the volume of coverage surrounding the reported meeting, the underlying claims remain rooted in commentary from royal journalists citing unnamed sources rather than statements from the individuals involved. Neither William, Catherine, King Charles, Queen Camilla nor representatives for Harry and Meghan have issued on-the-record confirmation of the specific reactions attributed to the Wales family, and the full scope and substance of any internal palace discussions remain unclear from publicly available reporting.
Baird noted that managing a genuine shift toward reconciliation, if one is indeed underway, would likely require all parties to resist turning what was reportedly a private family meeting into a public competition played out through dueling media narratives. Whether the Highgrove House meeting ultimately represents a meaningful step toward reconciliation between Charles and the Sussexes, or simply another chapter in an ongoing and highly publicized family rift, remains something that cannot be established definitively based on the reporting available so far.
For now, claims describing William and Catherine’s reaction as one of betrayal or humiliation, along with reports of internal “crisis talks,” should be understood as accounts attributed to unnamed sources and royal commentators rather than confirmed statements from the royal family itself.
Business
What to Know Before Hiring a Personal Injury Lawyer
An accident can upend your life in seconds. One moment you’re driving home or walking through a store, and the next you’re facing medical bills, missed work, and pressure from insurance adjusters.
Choosing the right personal injury lawyer becomes one of the most important decisions you’ll make during this stressful time. The lawyer you pick shapes how your case is handled and how much compensation you may recover. Before you sign anything, it helps to understand how these attorneys work, what they charge, and which questions to ask. This guide walks you through the essentials so you can make a confident, informed choice.
Understand What a Personal Injury Lawyer Actually Does
A personal injury lawyer represents people harmed by someone else’s carelessness. Their job is to prove fault, calculate the true cost of your losses, and fight for fair payment on your behalf.
The work covers a wide range of situations. A car accident lawyer handles road collisions, while other cases involve a slip and fall, defective products, or medical mistakes. In each one, the attorney gathers evidence, deals with insurers, and builds a case strong enough to settle or take to court.
Most disputes settle before trial. Still, a good lawyer prepares every file as though it could reach a courtroom, because that readiness often improves the final offer.
Know How Fees Work Before You Commit
Cost worries stop many injured people from seeking help. The good news is that most injury lawyers work on a contingency fee basis. That means you pay nothing upfront, and the lawyer only collects a fee if they win money for you.
The fee usually comes as a percentage of your settlement or verdict. Ask about this figure early, along with how case costs, such as expert witnesses or court filing charges, are handled.
Get the fee agreement in writing. A trustworthy firm will explain each line clearly and answer your questions without pressure. Transparency here is a strong sign of how the firm will treat you later.
Pay Attention to the Statute of Limitations
Every state sets a deadline for filing an injury lawsuit, known as the statute of limitations. Miss it, and you usually lose the right to seek compensation for injuries, no matter how strong your case is.
In Arizona, for example, the deadline is generally two years from the date of the injury. Other states and case types can differ, so confirm the rule that applies to your situation.
Because evidence fades quickly, acting fast matters even more than the legal deadline suggests. Surveillance footage gets erased, skid marks disappear, and witnesses forget details or move away.
Check Local Experience and Court Knowledge
Laws and court customs vary from place to place. A lawyer who knows the local courts, judges, and juries brings an advantage that out-of-town attorneys simply can’t match.
Take Maricopa County in Arizona as an example. A lawyer practicing there understands how local juries value claims and how nearby courts handle procedure. That local insight can shape both strategy and outcome.
If you were hurt in the area, researching options for hiring personal injury lawyer in Phoenix, Arizona is a sensible starting point. Firms like Lamber Goodnow, which is connected to the long-established Fennemore firm, show how deep regional roots can support a claim. Whatever region you’re in, favor someone who knows the local landscape.
Learn How the Firm Handles Negligence and Evidence
Winning a personal injury claim usually comes down to proving negligence. Your lawyer must show that another party owed you a duty of care, broke it, and caused your injuries as a result.
Strong firms move quickly to protect evidence. They send preservation letters, hire investigators, photograph the scene, and collect records before anything is lost. The sooner this happens, the better your position.
Ask any prospective lawyer how they build a case. Their answer reveals whether they prepare thoroughly or simply push for a fast, low settlement to close the file.
Understand How Insurance Companies Operate
After an accident, you’ll likely deal with large insurers such as State Farm, Allstate, Geico, USAA, or Progressive. These companies employ skilled adjusters whose goal is to limit what they pay out.
A seasoned lawyer knows how each carrier tends to negotiate. That experience helps them push back on lowball offers and recognize when an insurer is stalling or undervaluing a claim.
Be careful about early contact from the other side’s insurer. A few points worth remembering:
- Avoid giving a recorded statement before speaking with your lawyer.
- Don’t accept the first offer without a professional review.
- Let your attorney handle communication once you’re represented.
Handing these conversations to a lawyer protects you from saying something that could weaken your case.
Ask the Right Questions During Your Consultation
Most firms offer a free first meeting. Use it wisely. This is your chance to judge whether the lawyer listens, explains things clearly, and treats you like a person rather than a number.
Helpful questions to raise include:
- How many cases like mine have you handled?
- Who will manage my case day to day?
- What is your fee, and what costs might I owe?
- How and how often will you update me?
Pay attention to how they respond. Clear, honest answers point to a firm that values communication. Vague or rushed replies are a warning sign worth heeding.
Weigh Reputation and Client Reviews
A lawyer’s track record tells you a lot. Look for verified reviews, past results, and recognition from respected legal or media sources. Consistent praise for communication and results is a strong indicator.
Remember that past outcomes never guarantee future ones. Every case turns on its own facts. Still, a firm with a long history of satisfied clients and solid preparation gives you a reasonable basis for trust.
Balance reviews with your own impression from the consultation. The right fit combines proven skill with genuine care for your recovery and peace of mind.
Conclusion
Hiring the right personal injury lawyer takes a little research, but the effort pays off. Understand how fees work, confirm the statute of limitations for your area, and choose someone with local knowledge and a clear plan for proving negligence. Ask direct questions, review the firm’s reputation, and never let an insurer rush you into a decision. When you find an attorney who communicates openly and prepares your case with care, you give yourself the strongest chance at fair compensation. Take your time, trust the process, and lean on professional guidance so you can focus on healing.
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