Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI
Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolution
Policy
Oasis reunion helps draw record 25m ‘music tourists’ to UK concerts
Big name artists including Oasis with their highly anticipated reunion tour, Coldplay and Beyoncé helped to attract a record number of fans to travel to watch live music last year, helped by a surge in overseas visitors…
Vape packaging and flavouring face restrictions under UK plans to reduce appeal to children
Vapes could be sold in plain packaging as part of a range of proposals to stop them being marketed to children.
SpaceX and AI startup wealth fuels demand for private jets
Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors shopping for private jets, burying her in paperwork for aircraft-pu…
Police investigate £500,000 Reform donations from mother of fraudster who backed Farage
George Cottrell’s mother, Fiona, at centre of criminal inquiry over potential evasion of restrictions on donations
Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy
The Federal Reserve on Thursday announced the leadership and objectives of its task forces to advance the conduct of monetary policy.
Interest rates may need to rise this year, says Bank of England economist
Interest rates may need to increase this year to keep rising prices under control, according to the Bank of England's chief economist.
Capita expects to lose up to £40m over pension scheme fiasco
Capita has revealed that the bill for cleaning up its mess at the crisis-hit Civil Service Pension Scheme could wipe up to £40m off annual profits – a day after its chief executive apologised to MPs for a “very poor ser…
Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc.
The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below:
Tesco’s overseas empire is in retreat – but shareholders have no complaints | Nils Pratley
A couple of decades ago, Tesco was going to bestride the globe. Little ol’ UK, plus Ireland, didn’t offer enough room for the country’s biggest supermarket chain to expand, ran a theory that was encouraged from outside …
Costco accused in lawsuit of selling protein powder ‘tainted’ with toxic heavy metals
A group of consumers have filed a proposed class-action lawsuit against Costco Wholesale Corporation, accusing the retailer of selling protein powder “tainted” with toxic heavy metals with no warning to consumers.
Licensed to drill? How a Trump-linked Texas oil company is elbowing its way into Greenland
On 10 June, a snowy-haired American in his 60s addressed the residents of a remote Greenland hamlet. He was there to tell them about a business venture supported by figures linked to Donald Trump. “So,” Robert Price sai…
Five pressing questions for Reform UK about its finances
On Tuesday, amid an investigation by parliamentary standards into an undisclosed £5m gift, Nigel Farage announced he would resign and trigger a byelection in his constituency of Clacton-on-Sea.
Andy Burnham urged to scrap income tax and NI in radical fiscal overhaul
Prominent economists including Jim O’Neill, an ally of Andy Burnham, are urging the MP for Makerfield to pursue radical tax and spending reform to “unlock the gridlock that plagues the country” when he is confirmed as p…
Germany set to make rental e-scooter operators liable for accidents
Measures aim to make it easier for victims to gain compensation, with firms such as Bolt and Lime held responsible for damage
Experimental bathtub: the remote lake island trying wave power to boost energy security
Researchers on Beaver Island, in Lake Michigan, are trying to find a more reliable form of power using local resources
MPs urge Labour to ditch £330m Palantir software contract with NHS
A second parliamentary committee has urged Labour to scrap Palantir’s £330m contract with the NHS, increasing pressure on the next prime minister over government deals with the US tech company.
LGBTQ+ cruise ship refused entry to Egypt days after Turkey turned it away
An LGBTQ+ cruise ship blocked from Turkish waters this week has been refused entry into Egypt.
FCA cracks down on illegal promotions and market abuse in first year of new strategy
The FCA led an international crackdown on illegal finfluencer promotions – resulting in 3 arrests and 650 social media takedown requests. It also secured a combined 11 years in prison for 2 cases of insider dealing in t…
Meeting of 10-11 June 2026
Ms Schnabel started her presentation by noting that, since the Governing Council's previous monetary policy meeting on 29-30 April 2026, euro area financial markets had been torn between two competing developments: the …
EU’s ‘unpleasant and dangerous’ border checks need overhaul, says Greek airports boss
Airports have had to use gazebos to shield passengers from sun as they wait to be processed, says Alexander Zinell
VW faces protests in Germany over proposed job cuts and factory closures
Demonstrations at 18 sites set up as radical transformation plan put to board of Europe’s biggest carmaker
PlayStation says it will stop making physical games – and that should worry us all
Sony’s announcement spells the end of a whole ecosystem built by superfan collectors – and signals a troubling shift in the industry
Great Britain’s grid operator issues fresh warning over power supplies in heatwave
Neso asks for extra supplies from electricity generators to cope with added demand on Thursday night