Metro Daily Reporter

KPMG Audit Scandal: Firm Faces Mass Job Cuts, Leadership Exodus, and Multiple Regulatory Probes

July 30, 2026 • Business • 4 views

KPMG Australia is grappling with the severe fallout from a widening audit misconduct scandal, with reports suggesting the firm is preparing to cut up to 1,000 jobs—over 10% of its workforce—while dozens of partners could also face termination . The cuts come as the firm loses major clients, is banned from government contracts, and faces multiple regulatory investigations over the misuse of confidential client information to win business .

Allen's Banana Lollies Make a Sweet Comeback After Eight Years

July 30, 2026 • Business • 4 views

Allen's Banana Lollies have officially returned to Australian supermarket shelves in standalone 300-gram bags for the first time in eight years, answering the prayers of nostalgic sweet-toothed fans across the country . The popular yellow treats, which were discontinued from single-flavour packaging back in 2018, are now available exclusively at Coles for $6 a bag .

Cowboys vs Roosters: Roosters Run Riot with Record 82-12 Thrashing, Payten Apologises for ‘Darkest Day’

July 30, 2026 • Sports • 4 views

The Sydney Roosters have sent a stunning warning to the rest of the NRL with an 82-12 demolition of the North Queensland Cowboys in Townsville, equalling the record for the most points in a first half before cruising to the biggest score by any team in 91 years .

Collingwood vs Geelong: Cats Blitz Pies to Climb into Top Six, But Injury Carnage Clouds Magpies' Finals Charge

July 30, 2026 • Sports • 4 views

A devastating first-half burst from Geelong has powered them to a 25-point victory over Collingwood at the MCG, snapping the Magpies' six-game winning streak and vaulting the Cats into the top six . While Geelong celebrated a crucial win, Collingwood was left counting the cost of a brutal night, losing key defenders Jeremy Howe and Harry Perryman to potentially season-ending injuries .

Wealth Tax Fears Drive UK Millionaires to Lowest Levels Since Financial Crisis

July 30, 2026 • Business • 4 views

The number of millionaires in the UK has fallen to its lowest point since the 2008 global financial crisis, as tax hikes and the threat of a potential wealth tax fuel an exodus of high-net-worth individuals. In 2025, more millionaires left Britain than any other nation, with 16,500 departing, taking an estimated $91.8 billion in wealth with them .

BAE Systems Wins £5.9 Billion UK Submarine Contract as Trident Renewal Takes Center Stage

July 30, 2026 • Business • 6 views

Prime Minister Andy Burnham has placed the renewal of the UK's Trident nuclear deterrent at the heart of his government's defence and economic agenda, announcing a new £8.4 billion phase of contracts for the Dreadnought nuclear submarine programme . The package includes a £5.9 billion contract awarded to BAE Systems to advance construction of all four next-generation submarines, which will replace the Royal Navy's ageing Vanguard-class fleet from the early 2030s

Lloyds Banking Group Share Price Rises as AI-Powered Cost Cuts and £1bn Buyback Unveiled

July 30, 2026 • Finance • 4 views

Lloyds Banking Group (LLOY) delivered better-than-expected first-half profits, announced a £1 billion share buyback and unveiled an ambitious new "Accelerate 2030" strategy targeting £2bn in cost savings through AI, sending its share price higher . The UK's largest mortgage lender reported a 23% jump in statutory pre-tax profit to £4.3 billion, beating analyst forecasts of £4.12 billion, as rising interest income and a higher net interest margin boosted the bottom line

Rolls-Royce (RR) Share Price Jumps After Record-Breaking Profit Surge and Guidance Upgrade

July 30, 2026 • Finance • 4 views

The Rolls-Royce share price climbed more than 5% on Thursday after the British engineering group reported a 46% surge in first-half underlying operating profit and raised its full-year guidance well above market expectations. The rally came as results revealed the company was benefiting from two major global spending trends: rising defense budgets and the rapid build-out of AI data centers .

Greggs New Store Openings Drive Profit Surge, Greggs Share Price Jumps 16% on Expansion Plans

July 30, 2026 • Business • 5 views

Greggs, the UK's largest bakery chain, has reported a surge in first-half profit and sales, fueled by a strategic menu pivot towards health-conscious options and a continued aggressive expansion of its store estate. The company's shares soared over 16% as it revealed plans to grow to at least 3,500 shops, dismissing concerns that it had reached saturation point .

Rio Ngumoha's Deflected Strike Gives Liverpool Pre-Season Win Over Wrexham at Yankee Stadium

July 30, 2026 • Sports • 3 views

A late goal from 17-year-old Rio Ngumoha secured a narrow 1-0 victory for Liverpool over Wrexham in their pre-season friendly at New York's Yankee Stadium, in front of a crowd of 42,204.