IPOs aren’t the new meme stocks August 5, 2026 The market may be producing bigger IPO stories. like SpaceX and Anthropic, but that doesn’t mean retail investors are blindly buying the hype, says Carl Hazeley If you only read the headlines, you’d think retail investors had found their next obsession: blockbuster IPOs. SpaceX has dominated the conversation again this week as investors digest its [...]
Britain has an AI minister – now it needs an AI answer August 4, 2026 The appointment of Kanishka Narayan, Britain’s first Cabinet-level minister for AI is an acknowledgement that this technology is the central economic question of the age, but the minister’s real test is whether he continues to build durable homegrown capability or instead subsidises dependency on non-European platforms, says Stefano Pasquali Kanishka Narayan’s appointment as Britain’s first [...]
Susannah Streeter: investors are bracing for tax rises August 4, 2026 The Notebook, where the City’s movers and shakers have their say. Today financial commentator Susannah Streeter takes the pen Usually, at this time of year we would be enjoying Médoc’s beautiful beaches, looking forward to long lunches, endless stretches of Atlantic coastline and enjoying the region’s famous wine as the sun sets. But the devastating [...]
What are we to make of John Healey? Time will tell. August 4, 2026 Who exactly is in charge of this government’s economic policy? In a bid to find out, I’ve tasked two of our journalists to hit the phones, mooch around the bars of Whitehall and track down Westminster’s new power brokers. I’ll let you know what we find out, but he fact that the answer to this [...]
Donald Trump is creeping towards a shrewd sanctions policy August 4, 2026 President Trump is shifting toward a more solidly pro-Ukraine position which, while welcome, will require careful calibration to mitigate potential global trade disruptions and address corporate enablers of the Russian war effort, says Derek Grossman President Trump’s warm welcome on Tuesday to Volodymyr Zelensky, his Ukrainian counterpart, shows that he is moving, fitfully, toward a [...]
AI powerhouses are betting on London’s future August 3, 2026 London is a truly global city with a world-leading financial sector, a sophisticated and mature technology ecosystem, and the infrastructure to support growth at scale – and with these major recent AI office signings, we are seeing the city endorsed by the businesses shaping frontier technology, says Mike Wiseman In my experience, the property market [...]
Jonathan Reynolds’ industrial strategy is straight out of the 60s August 3, 2026 Jonathan Reynolds, the new business secretary, has set out a vision for publicly owned services, with private sector partnerships, still under public control – a baffling vision from some eccentric economic bestiary, says Eliot Wilson Andrew Murray Burnham has been in Downing Street for two weeks now. He promised – new Prime Ministers always promise [...]
Britain needs a Marshall Plan for civic life July 31, 2026 The “Marshall Plan for Civic Life” proposes a multi-billion pound, multi-year investment fund, supported by a collaborative effort between citizens, the state, philanthropy, and the private sector, say Polly Curtis and James Plunkett Andy Burnham needs to find money for defence. He needs to find money for social care. He needs to find money for [...]
Paycaptain founder: what The Savoy taught me about fintech July 31, 2026 Square Mile and Me: We dig into the memory bank of the City’s great and good. Today, Simon Bocca, founder and managing director at Paycaptain, on going from an apprentice at The Savoy to a fintech founder What was your first job? I started working at the Red Lion Hotel in 1987 during the school [...]
It’s hard to picture a more nightmarish vision of our AI future than this July 30, 2026 The optimistic case for AI is clear: incredible scientific breakthroughs, life-enhancing productivity gains and universal access to knowledge. What’s not to like? But items on the other side of the ledger weigh a little heavier: the erosion of jobs, the flattening of knowledge, unstoppable cyber attacks and social rupture. Elon Musk still thinks there’s a [...]