Tui reports 10% decline in UK summer holiday bookings due to Iran war concerns, shifts demand to Western Mediterranean, and reduces airline seat purchases by 4-5% while maintaining its own flights.
HABERAIMany young Londoners find the Lifetime ISA's £450,000 property cap unattainable, leading to significant financial penalties upon withdrawal. Analysis shows the median LISA user can only afford property in a fraction of London boroughs, with unauthorized withdrawals now outnumbering house purchases.
HABERAIGlobal millionaire population grew 7.9% to 25.3 million in 2025, with total wealth up 8.7%. Ultra-high-net-worth individuals (UHNWIs) saw 9.4% population growth and now hold 35% of all millionaire wealth, driven by access to private investments. The US added 730,000 new millionaires.
HABERAIMarkets anticipate a lower open, with chip stocks like Broadcom leading declines. Investors also watch Middle East tensions. Major IPOs from Quantinuum and potential offerings from Anthropic, SpaceX, and OpenAI are creating fundraising concerns.
HABERAINew research from the Federal Reserve Bank of St. Louis shows a rise in mortgage application denials, with debt-to-income ratios being a primary cause. Higher interest rates are pushing more applicants above lender thresholds, blocking access to credit.
HABERAICanada has become the first G7 nation to approve generic semaglutide injections, making GLP-1 drugs more accessible and affordable. This move by Novo Nordisk follows similar approvals in India and has already led to price reductions for brand-name medications.
HABERAIHype surrounds SpaceX's potential $75 billion IPO, driving significant options trading in Echostar, a SpaceX shareholder. Echostar's stock has surged, though it's currently in a pullback.
