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Business

  • UK AI investment hits record £8.3bn as London tightens grip on tech boom

    May 18, 2026

    Britain’s AI sector pulled in a record £8.3bn of investment last year, as global investors raced to back the country’s next generation of AI firms, with London tightening its grip as Europe’s leading tech hub. New research from Barclays Eagle Labs found funding into UK AI companies surged in 2025 after a sluggish period for [...]

  • Kemi Badenoch warns of ‘Burnham premium’ on mortgages

    May 17, 2026

    Kemi Badenoch has warned that Andy Burnham would saddle the UK with a “Burnham premium” on mortgages and borrowing costs as Labour’s leadership crisis continues following the mayor’s planned return to Westminster. The Conservative leader seized on mounting speculation around Burnham’s ambitions after the Makerfield by-election became the latest flashpoint in Labour’s increasingly public civil [...]

  • Can an e-bike subscription win over London commuters from Lime and Forest?

    May 17, 2026

    London’s dockless bike market has become increasingly competitive, but for regular riders the main difference between operators is often cost, rather than convenience. Lime and Forest dominate much of the capital’s dockless cycling network and both have become embedded in the daily commute, particularly across central London where short journeys are often quicker by bike [...]

  • Blackrock eyes SpaceX stake as Musk pulls IPO forward to June

    May 17, 2026

    Elon Musk is pulling SpaceX’s long-awaited stock market debut forward as BlackRock weighs a major investment in what could become the largest IPO ever attempted. The rocket and satellite giant is now expected to price its flotation on 11 June before beginning trading on Nasdaq the following day under the ticker SPCX, according to Bloomberg. [...]

  • Andy Burnham plots Westminster return warning Labour has ‘let people down’

    May 17, 2026

    Andy Burnham has moved a step closer towards a return to Westminster after confirming that winning the forthcoming Makerfield by-election would be the “first stage” in a wider bid to reshape Labour. The Greater Manchester mayor has repeatedly distanced himself from Sir Keir Starmer’s government, criticised Britain’s economic direction over the past 40 years and [...]

  • Premier League + and why owning the broadcast isn’t owning the fan

    May 17, 2026

    The Premier League and Uefa’s moves into streaming platforms misunderstand the way fans want to consume football, says George Gilmore. In the last few months, the two leading lights in global club football, the Premier League and Uefa, have announced they will be launching direct-to-consumer broadcast offerings. In so doing, a revolutionary, if predictable, moment [...]

  • Britain takes first steps on journey to 2040s North of England Olympics bid

    May 17, 2026

    The first steps have been taken to see Great Britain host the Olympics, in the North of England, for the first time since London 2012. The government this morning commissioned an “initial strategic assessment” into the potential for the North of England to stage the quadrennial games in the 2040s. Though any decision to bid [...]

  • ‘I’ll be standing’: Streeting gears up to join leadership race as Burnham vows to save Labour

    May 16, 2026

    Former health secretary Wes Streeting has confirmed he will join any potential leadership race, as pressure piles on Starmer’s premiership. Speaking to Sky News, Streeting spoke of his intention to join the race. He said: “We need a proper contest with the best candidates on the field, and I’ll be standing.” He went on to [...]

  • UK government at risk of grinding ‘to a halt’ amid leadership race drama

    May 16, 2026

    Ministers and senior civil servants have warned that sections of the UK government are at risk of hitting a standstill amid the growing likelihood of a Labour leadership contest. Government figures have expressed concern a contest could overshadow Starmer’s agenda and key initiatives, including the push for closer UK relations with the EU. Worries have [...]

  • JCB billionaire to hand reins to youngest son in blow to apparent heir

    May 16, 2026

    The boss of JCB has named his younger son as his heir to the business, instead of his elder son and presumed heir. In an interview with the Telegraph, Lord Bamford said that his third child, George, would take over from his as head of the digger manufacturer rather than elder son Joseph, known as [...]

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