Starmer: Britain must ‘not stick its head in the sand’ on AI June 8, 2026 Sir Keir Starmer has said Britain must not “stick its head in the sand” on artificial intelligence, with the technology set to fundamentally reshape the UK economy. The Prime Minister used his speech at London Tech Week to unveil a major sovereign computing push, new AI skills programmes and a vision for keeping Britain’s fastest-growing [...]
Raise your glasses to City Beerfest in Square Mile’s Yard of ale June 8, 2026 Returning for its 12th year, the hugely popular City Beerfest will be held in the City ofLondon’s historic Guildhall Yard on Thursday 2 July from 12.30pm to 9pm. City’s ever-popular Beerfest returns to Guildhall Yard to raise funds for TheLord Mayor’s Appeal Festival welcomes 13 brewers – between them, offering 55 beers – to the [...]
Does trouble lie ahead for South Korea’s star tech stocks? June 8, 2026 Over the past 18 months, South Korea’s main stock market has burst back onto the global investment scene, led by a staggering recovery for the Kospi index. The country’s blue chip index had been plagued by the impeachment of President Yoon Suk Yeol and companies trading at significantly lower valuations compared to emerging market peers [...]
Labour bets £1.1bn on Britain’s AI chip race June 8, 2026 Keir Starmer’s government has unveiled a £1.1bn package aimed at turning Britain into a global AI hardware powerhouse, with ministers backing domestic chipmakers and pouring capital into training the next generation of engineers. The new AI Hardware Plan, announced at London Tech Week by tech secretary Liz Kendall, includes £750m for a new national AI [...]
Government warned ‘unworkable’ new healthy food rules will backfire June 8, 2026 The food and drink industry has warned Labour its new healthy food red tape will backfire, as manufacturers insist they are already investing millions in making products healthier. Food and drink manufacturers are racing to prove to the government that they are cutting salt, sugar and calories from their products – as Labour plans to [...]
City law firm Shoosmiths invests extra £1m in firm’s bonus pot June 8, 2026 City law firm Shoosmiths has doubled down on its commitment to AI after setting aside a second £1m for its bonus pot to help staff become AI-fluent through its new internal accreditation programme, City PM can reveal. Last year, the firm exclusively told City PM that it set a “clear and ambitious annual target” of one million [...]
‘Walking stick daggers’ and ‘nunchucks’ return to London Tech Week banned list June 8, 2026 Before hearing the prime minister or mayor of London talk up Britain’s tech future, attendees of this year’s London Tech Week had an important task: make sure they had left their spear gun at home. The annual list of prohibited items returned to Olympia on Monday, featuring a 45-item catalogue of banned objects ranging from [...]
Private equity faces ‘sharp shock’ of triple threat stalling market momentum June 8, 2026 The global private equity market has stalled as it faces a triple-shock of issues which are contributing to a slowdown in market momentum, according to new figures from Bain & Company. The Big Three consulting firm said in its midyear report on private equity that the industry, “which was gathering momentum at the start of [...]
Nationwide boss Debbie Crosbie banks £4.7m payday after Virgin Money deal June 8, 2026 The boss of Nationwide has seen her pay almost double since the building society’s blockbuster takeover of Virgin Money. Debbie Crosbie, who has steered the mutual since 2022, bagged a £4.7m pay packet in the last financial year, up from £2.5m the year prior. The mammoth uplift was driven by the cash and bonuses from [...]
James Watt: I want to buy back Brewdog June 8, 2026 Brewdog founder James Watt has revealed he wants to buy back the craft beer firm he quit years ago, as he hit out at those who blame him for its collapse. Watt recently launched a comeback designed to win over the “equity punks” who piled millions into his initial venture but saw no returns from [...]
