Elite law firm to splash £370m on building own AI tool May 28, 2026 The world’s largest law firm by revenue, Kirkland & Ellis, is investing £370m ($500m) to develop its own custom-built AI platform, challenging competitors that rely on widely used third-party AI tools. The US-based firm, which has a large office in the City, said it plans to spend hundreds of millions over the next three to [...]
Samsung employees bag £310k bonuses as chip boom sends payouts soaring May 28, 2026 Samsung’s AI-fuelled chip boom has delivered eye-watering payouts for thousands of staff, after workers at the South Korean giant voted through a profit-sharing deal worth hundreds of thousands of pounds each. Employees in Samsung’s memory chip division are set to receive bonuses averaging roughly £310,000, mostly in stock, as soaring demand for AI data centre [...]
Visa data leak piles pressure on Britain’s digital ID push May 28, 2026 The leak of more than 100,000 passport scans and biometric selfies linked to a third-party visa website has renewed concerns over the security risks surrounding Britain’s growing shift towards digital ID systems. A site operating under the name UK Visa Portal – which is not affiliated with the UK government – was found on Wednesday [...]
Pokemon cards’ most enthusiastic collectors? Money launderers May 28, 2026 The market for Pokemon cards it absolutely booming, but there's a more sinister force than nerdy millennials at play, writes Paul Ormerod.
World Cup can save British pubs from government uncertainty this summer May 28, 2026 When England kick off their World Cup campaign against Croatia next month, many will be watching from the comfort of pubs nationwide. While a 9pm kick-off means beer gardens might not be as sun-kissed as we’re used to, the tournament is set to be a significant opportunity for a hospitality sector that is in desperate [...]
Milburn review: Youth unemployment crisis costs £125bn a year due to ‘broken system’ May 28, 2026 The crisis of nearly a million young people who are out of education, employment or training – known as ‘Neets’ – costs the UK economy up to £125bn a year, the Alan Milburn review has found, as both the government and the private sector were blamed for failing to address youth unemployment. An extensive report [...]
The Capitalist: Claridge’s launches the ‘Mayfair Meal Deal’ May 28, 2026 Claridge's moves in on Tesco, things get heated at the ideas festival, and workers hide in the loo; catch up on the latest shenanigans.
Number of Neets passes 1m May 28, 2026 The number of Neets, otherwise young people not in education, employment or work, jumped past 1m in the first three months of 2026, official data has revealed. The Office for National Statistics (ONS) has said that there were 1,012,000 young people between the ages of 16 and 24 out of work in the first three [...]
Tesco deal helps Esquires Coffee owner to surge in sales as it eyes 300 stores May 28, 2026 A fresh deal with Tesco helped the owner of the Esquires Coffee chain to a jump in turnover. Cooks Coffee Company, which is listed on Aquis, posted UK and Ireland store sales of £43.1m for the year to end March, a surge of 22.8 per cent. Pre-tax earnings rose 6.8 per cent to £529,000, while [...]
Arsenal gatecrash top five of club valuations following return to glory May 28, 2026 Arsenal have returned to the top five of the world’s most valuable football clubs according to the latest edition of an annual independent ranking. The newly-crowned Premier League champions, who meet Paris Saint-Germain in the final of the Champions League this weekend, have enjoyed a 23 per cent increase in enterprise value to €4.93bn, according [...]
