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Pret A Manger has returned to profitability for the first time since 2018, as the coffee and sandwich

The Turkish lira extended losses against hard currencies as traders said state banks had withdrawn support ahead of

TNT Sports’ football coverage will be led by four female presenters in the new season as it seeks to “push the boundaries” of sports broadcasting. TNT Sports replaces BT Sport from Tuesday, with Laura Woods confirmed as host of its Champions League coverage alongside Reshmin Chowdhury. Jake Humphrey, who fronted BT’s Champions League coverage last season, announced he was stepping back from his role in May. Lynsey Hipgrave will continue to host live Premier League coverage on TNT Sports, having done so since the start of last season, while Jules Breach replaces Des Kelly as the broadcaster’s pitchside reporter. Ally McCoist joins the TNT punditry line-up for Premier League and Champions League matches, which will still feature the likes of Rio Ferdinand, Peter Crouch and Joe Cole. “We do want to be contemporary, we do want to be bold, we definitely want to push the boundaries of what sports broadcasting has been in this market over the previous years,” Andrew Georgiou, the president and managing director of Warner Bros Discovery Sports Europe, said. “It’s a really good opportunity for us to reflect on what’s happened and it’s almost like, ‘Okay, we’ve got a moment in time to refresh and rethink’.” The rebrand follows the completion of a deal in September last year to form a joint venture that combines the assets of BT Sport and Eurosport UK. From Tuesday, TNT Sports is available to stream via the discovery+ platform. UK subscribers with a premium plan will be able to access TNT Sports and Eurosport via the discovery+ platform, allowing them to watch both networks’ live sport in the same place as well as discovery+ entertainment content. The cost of the premium plan is £29.99 a month, the same as was previously charged for the BT Sport Monthly Pass. Eurosport’s live rights include the Olympic Games and the Tour de France. Georgiou said TNT Sports would be keenly focused on the Premier League’s invitation to tender for its next set of domestic television rights later this year. “We are a premium sports broadcaster and our 100 per cent stated ambition is to remain a premium sports broadcaster, and reviewing our rights portfolio to make sure that remains (the case) is in the bullseye of our agenda,” he said. “We look at everything that comes up. Obviously the Premier League tender is up at the end of the year. That is a key part of our rights portfolio and something we’re focused on.” It is understood the new domestic offering will feature at least 60 more live matches than the current deal but split into a smaller number of packages available for broadcasters to buy, from the current seven down to five. Read More Why is BT Sport being rebranded to TNT Sports? Eurosport merger explained TNT Sports reveals first Premier League game after Eurosport merger Leeds gamble on £100m loan spree highlights broken transfer market Football rumours: Harry Kane rules out PSG move, open to Bayern Munich switch France’s Women’s World Cup advert makes powerful gender statement with surprise twist

The Swedish fund that got caught up in the US banking crisis this spring reported a first-half loss

Fewer than a quarter of local authorities in England have enough holiday childcare provision for parents working full-time and costs have risen across Great Britain since last year, new research has found. Six weeks of summer childcare for each school-age child could cost almost £1,000, according to the Coram Family and Childcare charity’s annual survey. It said families in Great Britain face costs of £943 per child for this holiday period, which is £538 more than they would pay for after-school childcare in six weeks of term time. The research, based on surveys from local authorities in England, Scotland and Wales between April and June, found that the cost of holiday childcare has risen 3% since 2022. A place at a holiday club now costs an average of £157 per week – 2.3 times higher than the cost of an after-school club during term time, the charity said. Wales has the highest weekly price at £168, followed by Scotland at £157 and England at £156. While costs have risen, availability has decreased, according to the charity, with just 24% of local authorities in England saying they have enough holiday childcare for parents working full-time, down 2% on last year. Provision for eight to 11 year-olds has dropped by 7% on last year, with 23% of local authorities saying they have enough for this age group. The high of cost of holiday childcare is going to put a further strain on families’ already stretched budgets Megan Jarvie, Coram Availability of holiday childcare for disabled children in England has also continued to fall, Coram said, with just 5% of local authorities reporting they have enough to meet local demand, down from 7% in 2022. In Scotland, there has also been a drop in the proportion of local authorities reporting sufficient childcare – down 15% for 12 to 14 year olds, down 14% for children living in rural areas, down 12% for parents working full time and down 11% for eight to 11 year olds. No local authorities in Scotland reported having enough holiday childcare in all areas for disabled children, working parents, parents working atypical hours or children in rural areas. While Wales also has low levels of sufficient childcare for disabled children (5%) and 12 to 14 year olds (5%), the proportion of local authorities reporting sufficient childcare in all areas across all categories of holiday childcare, except parents working atypical hours and children in rural areas, has risen. Local authorities in Wales report the highest level of sufficiency of holiday childcare in all areas for parents working full time (18%), followed by four to seven year-olds and eight to 11 year-olds at 14%. Costs and availability of holiday childcare varies depending on where families live, the charity said, stating that parents in inner London pay up to 25% more than those in the East of England – £177 per week compared to £142. In the East Midlands, some holiday childcare places cost 104% more than the national average, while others are 58% less, Coram said. The charity is calling on the Government to extend childcare funding announced in the Spring Statement to include support during school holidays. Megan Jarvie, from Coram, said: “The high of cost of holiday childcare is going to put a further strain on families’ already stretched budgets. Even if families are able to afford these costs, many will struggle to find a place as we have found shortages right across the country. “Starting school doesn’t mean that childcare needs end. Instead, many find that it becomes more challenging to find options that are right for their family, particularly during the long school holidays. “New Government funding to help improve childcare options during term time is welcome – but families need childcare right through the year.” Coram is also calling on those in charge in England, Scotland and Wales to increase support for family information services to provide good quality holiday childcare information and ensure access to local provision that meets families’ needs, expand provision of school holiday activity and food programmes, and improve the accessibility of holiday childcare for children with special educational needs and disability (Send). Rapid price increases in essentials like food, housing and energy bills have left a growing number of the families we work with stretched and barely keeping their finances afloat Jamie Masraff, OnSide chief executive The Local Government Association (LGA) said “concerted investment and recruitment of quality staff” is needed to ensure correct provision for disabled children, and said it was “disappointing” that the Government had not extended childcare support to include summer holidays. Councillor Louise Gittins, chair of the LGA’s children and young people board, said: “While councils recognise the importance of ensuring there is sufficient provision available for children with Send, it can be difficult to ensure the right provision is available, particularly given the challenging situation that many providers face at the moment.” A Department for Education spokesperson said: “Our Holiday Activities and Food (HAF) programme, backed by £200 million per year to 2025, provides healthy meals, enriching activities and free childcare places to children from low-income families over the holidays. “We are also investing £30 million to test new and innovative approaches to short respite breaks for families of children and young people with special educational needs or disabilities.” Youth organisation OnSide called for the HAF scheme to be expanded to working parents, saying it is “increasingly hearing from working families who don’t qualify but are struggling to afford holiday clubs”. Its chief executive, Jamie Masraff, said: “Rapid price increases in essentials like food, housing and energy bills have left a growing number of the families we work with stretched and barely keeping their finances afloat. For too many, there’s simply nothing left to pay for vital summer childcare.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live How to create a kitchen herb garden What is trail running and should we all be doing it? These are the women making waves in the cycling world

Mitsubishi UFJ Financial Group Inc. and Morgan Stanley will merge some operations at their Japan-based joint ventures, in

India plans to further relax its approach to data storage, processing and transfer beyond its borders, a boon

The extreme heat blanketing the Mediterranean is set to peak in parts of Italy on Tuesday, triggering fresh

The busiest UK port said it’s ramped up processing capacity to help ferry more people to the continent,

The £100m spending spree has lost its novelty value. When it may only yield a solitary player, when the biggest buyers’ summer expenditure could be double or even triple that, when £100m was far less than promoted Nottingham Forest paid out last summer, it may not feel like such an extraordinary event after all. But the £100m loaning spree represents an altogether newer development. The dynamic is different, too: the nine-figure sum may reflect the purchase prices of the players being borrowed, not the amounts their temporary employers will have to fork out to acquire their services for the season. Leeds United spent well over £100m buying players last season. The chances are that, by the time the window closes, they will have loaned out some £100m of signings – in terms of transfer fees paid rather than resale value now – this year. Which, in part, reflects the reality they could not sell them all, and perhaps any, for similar sums now. But Rasmus Kristensen, who cost around £10m, has joined Roma. Marc Roca, an £11m addition, headed to Real Betis for the season. The £13m defender Robin Koch has sealed his move to Eintracht Frankfurt. The £18m centre-back Diego Llorente is back at Roma, where he spent the second half of last season. The £25m Brenden Aaronson has gone to Union Berlin for the campaign, trading the Championship for the Champions League. Between them, they cost around £77m of Leeds’ Premier League revenue. Another loan or two – and if, for different reasons, Tyler Adams, Luis Sinisterra, Jack Harrison, Junior Firpo and Georginio Rutter might be expected to either be sold or stay but could yet prove contenders – then maybe Helder Costa and Dan James could take the total over £100m. All of which would reflect a shift in the transfer market. Relegated clubs have long been raided for players, sometimes for cut-price fees, but they tended to be bought, not borrowed. So far, Leeds’ only sale is Rodrigo, a scorer of 13 Premier League goals last season leaving – albeit in his thirties and with a lone year left on his contract – for just £3m. But they have been busier in a newer market: for loanees. It highlights several elements. Premier League clubs have had increasing difficulty selling to mainland Europe for meaningful fees in recent seasons; Championship clubs with footballers acquired for the top flight and caps for major countries stand still less chance of trading on their preferred terms. Perhaps Leeds came to that pragmatic conclusion early in the window; certainly opportunistic continental clubs realise they can acquire high-calibre players for nothing more than their salary and the occasional loan fee. In addition, there seems a recognition that players who signed up for a newly promoted outfit – as Koch and Llorente did in 2020 – or one who had just dodged the drop, as Leeds had when Aaronson, Kristensen and Roca joined in 2022, would not be expected to brave the EFL. With a dramatic drop in income, even with parachute payments softening their fall into the lower leagues, Leeds needed to reduce the wage bill. In some circumstances, it can be more of a priority than the prospect of transfer fees. Leeds will not recoup £77m for the quintet, but there are different tales among them: with Koch entering the last year of his deal, his Leeds career is in effect over; Llorente signed a new deal until 2026 in December, when demotion was a possibility and shortly before being loaned out; Aaronson, a 22-year-old, with four years left on his contract, could yet have plenty of Premier League football ahead of him at Elland Road. If part of the gamble is that Leeds can come back up, perhaps allowing them to inject loanees back into their squad with their (supposedly) greater quality in 12 months’ time, there is also the prospect that if they do not, then they are sent out for a further year elsewhere in 2024 because there are no buyers. It underlines an economy of risk: if some purchases don’t just lose some but all of their transfer value when a club is relegated, the money spent by the bottom-half Premier League clubs is likelier to end up wasted. In the meantime, there is a logic to Leeds’ actions, disposing of players who may not want to play in the lower divisions early in the window, to rebuild around their core of Championship stalwarts, young players and Brits, to giving new manager Daniel Farke something of a clean slate. For now, their squad is looking slender. There is a way to alter that. Because the recent history of the Championship shows one of the keys to exiting it in the right direction is to make astute loan signings – as Burnley did with Nathan Tella, Taylor Harwood-Bellis and Ian Maatsen, Sheffield United with Tommy Doyle and James McAteer or Luton with Ethan Horvath, Marvelous Nakamba and Leeds’ Cody Drameh last season – from Premier League clubs. If the age-old wisdom was to neither a borrower nor a lender be, Leeds may hope it will pay to be both. Read More Harry Maguire’s fall from grace shows Manchester United captaincy is a hospital pass Looking back with pride and forward with anticipation – Friday’s sporting social NBA star Russell Westbrook joins Leeds United ownership group It’s done – Jordan Spieth and Justin Thomas take minority stake in Leeds

Kate and Rio Ferdinand have welcomed their second child, a baby girl. The couple celebrated their daughter’s arrival on social media, writing on Instagram: “Shae Ferdinand. 10.7.23 Our strong little girl,” with a white heart emoji. They also shared a photo of the baby’s hands, with the hands of Shae’s siblings resting on top. The former England football player, 44 and The Only Way is Essex star, 32, have been married since 2019. They already share a two-year-old named Cree, born December 2020, and Kate is stepmother to three children from Rio’s last marriage. Rio is father to Lorenz, 16, Tate, 14, and Tia, 11, through his marriage to his late wife Rebecca Ellison, who died in 2015 after being diagnosed with breast cancer. Announcing Kate’s pregnancy back in January, the pair shared a video on Instagram, in which Kate unbuttons her coat to reveal her baby bump underneath her dress. ​​A smiling Kate cradles her hand over her belly, with Minnie Riperton’s “Lovin’ You” playing in the background of the clip. “We’ve been praying for you,” she captioned the post. Friends of the couple have been sharing their best wishes for the new arrival to the family and complimented the choice of Shae’s name. The Only Way Is Essex star Fearne McCcan, who recently welcomed a newborn daughter named Finty, wrote: “Congratulations, I love her name.” Another TOWIE star Billie Shepherd wrote: “Congratulations to you all.” The official Manchester United Instagram account wrote “Congratulations” and posted a red heart emoji. The couple previously lost a baby last year. In July 2022, Kate revealed that she had suffered a miscarriage, after finding out the baby “had no heartbeat” at her 12-week scan. “So much to say, but somehow I can’t find the words. Absolutely devastated & heartbroken,” Kate said at the time. “But couldn’t be more grateful for the hugs I got from my big(er) babies coming through the door when we arrived home.” Kate has been vocal about being a mother to stepchildren, and her journey in parenting in a “fully blended family”. In January, Kate launched her modern parenting handbook How To Build A Family. On Instagram, the author wrote that she wished she had been given a handbook when she became a stepmother. Read More American travellers spark backlash after claiming that Europeans ‘don’t believe in water’ while on trip abroad Cruise line apologises after passengers witness dozens of pilot whales being slaughtered Sofia Vergara and husband Joe Manganiello reportedly divorcing after seven years of marriage Lindsay Lohan gives birth to her first child What is trail running and should we all be doing it? Today show star Jill Martin diagnosed with breast cancer

'The Dark Knight' director Christopher Nolan has ruled out ever making another superhero movie, and insists he won't make a TV show.