6:44 am, June 8, 2026
Plan to save Las Iguanas restaurant operator from administration approved
A plan to save the company which runs dozens of Las Iguanas restaurants from entering administration has been approved by a High Court judge.
Iguanas Holdings Limited runs 44 Las Iguanas restaurants across the UK, but its lawyers told a hearing on Friday that the company was ‘heavily loss-making’ and would ‘inevitably enter administration’ if the restructure was not approved.
The restructuring plan, which was approved by the majority of the company’s creditors, will wipe out debts of around £37m owed to one of Iguanas Holdings’ creditors and see Big Table inject £3m into the company as part of a ‘turnaround strategy’.
UK firms plan to raise prices by less than thought in April, survey finds
UK firms have said they expect to increase prices less sharply than predicted in the aftermath of the Iran war, but more than half still plan to do so in response to the energy shock, according to Bank of England data.
The central bank’s latest survey of finance bosses across UK companies suggested that price growth expectations had eased back slightly in May from the month before.
The Decision Maker Panel (DMP) survey showed that firms expected to increase their prices by 4% over the next 12 months, according to data for May. This is 0.4 percentage points lower than predicted in April.
Updated Audi Q4 e-tron goes on sale with £46,260 starting price
Audi’s revised Q4 e-tron has gone on sale in the UK.
On the outside, the Q4 e-tron benefits from redesigned headlights with dark surrounds and a colour-coded grille. Underneath, the Q4 e-tron now has larger battery options with a 63kWh version bringing up to 273 miles of range – 18 miles more than before – while a larger 82kWh model can return a claimed 359 miles between charge-ups. The maximum DC charging rate has also been raised to 185kW.
Simplified trims also feature, with prices ranging from £46,260 for a Sport model, £49,300 for S-Line, £52,210 for Black Edition and £58,960 for a top-level Vorsprung.
The markets
The FTSE 100 clung on to modest gains on Friday despite weak mining stocks but Wall Street headed south after stronger-than-expected jobs data increased chances of a rate hike across the pond.
The FTSE 100 closed up 7.73 points, 0.1%, at 10,368.05. The FTSE 250 ended down 241.91 points, 1.0%, at 23,060.74, while the AIM All-Share fell 10.99 points, 1.4%, to 797.27.
For the week, the FTSE 100 fell 0.4%, the FTSE 250 dropped 1.6%, and the AIM All-Share declined 2.6%.
Starmer hosts Zelensky and French and German leaders for talks on Ukraine
The leaders of the UK, Ukraine, France and Germany have discussed the ‘urgent need’ to ramp up production of defensive weapons and deep-strike capabilities after Russia fired Oreshnik missiles at Ukraine, Downing Street said.
Prime minister Sir Keir Starmer hosted Ukrainian leader Volodymyr Zelensky along with French president Emmanuel Macron and German chancellor Friedrich Merz – some of Kyiv’s staunchest allies – at No 10 on Sunday evening for talks on the war.
The leaders called on Russian president Vladimir Putin to agree ‘an immediate and complete ceasefire’ with the current line of contact as a starting point for any negotiations, Downing Street said.
David Lammy told JD Vance ‘you’re wrong’ after Henry Nowak case intervention
David Lammy has told JD Vance he was wrong to link Henry Nowak’s murder to immigration and warned him the intervention on social media was ‘not helpful’.
The deputy prime minister said he challenged the US vice-president in a ‘robust’ phone call on Saturday after Vance appeared to blame the killing on a ‘mass invasion’ of people into Europe.
The 18-year-old student was handcuffed by police who ignored his pleas that he had been stabbed as he lay dying after his British-born killer, Vickrum Digwa, claimed to have been the victim of a racist attack.
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Weather
Heavy rain will sweep eastwards across much of the UK today, bringing some thundery downpours before brighter skies and late sunshine develop, reports BBC Weather. The northwest stays brighter for longer before evening showers arrive.
Tonight becomes drier in the east with clear spells, while western areas turn cloudier with scattered heavy showers and brisk winds.
