Andrew Bailey warns markets are not ready for the rise (or fall) of AI August 31, 2026 The governor of the Bank of England and chair of the Financial Stability Board, Andrew Bailey, has warned that countries are unprepared for the consequences of advanced AI and that the wider economy remains vulnerable to a dramatic market correction triggered by a potential slump in AI and tech stocks. Ahead of a G20 meeting [...]
Scheffler dethrones Woods as PGA Tour all-time top earner after 26 years August 31, 2026 Scottie Scheffler has ended Tiger Woods’s 26-year reign at the top of the all-time PGA Tour prize money list after winning the season-ending Tour Championship. Scheffler’s three-shot victory at East Lake clinched the FedEx Cup and earned the world No1 $10m, taking the 30-year-old’s career total to more than $130m. Woods congratulated Scheffler in a [...]
The unhelpful nationalism of ‘Buy British’ in defence August 31, 2026 Hyperfixating on where a defence company happens to be registered will leave Britain on the back foot, writes Paul Jenkinson.
Shein shapes up for cut-price IPO as dominance slows August 31, 2026 Shein will list in Hong Kong this week in a cut-price initial public offering following two previous failed attempts in London and New York. The Chinese retailer will begin trading in Hong Kong on Tuesday in a debut set to value the firm at around $27bn (£19.8bn), about a quarter of its highest private-market valuation. [...]
Why London’s AI engineers are worth £360,000+ August 31, 2026 Jack & Jill co-founder Saaras Mehan just hiked the minimum salary for engineers from £240,000 to £360,000. He says that's what London’s AI talent is worth.
Treasury ‘tells Healey’ to consider tax on banks and oil August 30, 2026 Chancellor John Healey has been presented with a plan to tax oil firms and banks further as bosses in the sectors have posted huge profits, according to reports. Healey may look to tax businesses at this year’s Budget in order to rebuild a partly-eroded £22.7bn fiscal buffer, and fill spending pledges for defence and the [...]
Lord Walker calls for Healey to cut business taxes August 30, 2026 Iceland boss Lord Richard Walker has urged Andy Burnham and John Healey to cut taxes for businesses and to stop focusing on the cost of living. Walker, who backed Labour at the last election, said Healey should ease costs for employers. The supermarket chief was the cost of living tsar under Sir Keir Starmer’s government [...]
Extraordinary athletes, ordinary content: why even Nike should make more of its talent August 30, 2026 Nike’s former global editor, Dan Rookwood, argues that brands are leaving value on the table by wasting their allocated time with star athletes. Since landing my first job on the sports desk of The Guardian’s website in 2000, I’ve spent a good chunk of my career interviewing athletes. Sometimes it has been a joy – [...]
Prince Harry’s courtroom defeat could drive up legal insurance premiums August 30, 2026 Prince Harry’s High Court defeat to the owner of the Daily Mail could send legal insurance premiums soaring, experts have warned, after the Duke and six other high-profile figures were left on the hook for an uninsured bill of £19m. The Duke of Sussex, Sir Elton John and his husband, David Furnish, actresses Liz Hurley [...]
Cleverly announces bid to run for London mayor August 29, 2026 James Cleverly has quit from Kemi Badenoch’s shadow cabinet in order to launch his bid to run for mayor of London. Cleverly, who was the shadow housing and local government secretary, said he would put himself forward for the Conservatives’ candidacy for London mayor. He said the capital needed someone who “is prepared to fight [...]