After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
The absolute insanity of the SNP’s plan to cap the price of food May 19, 2026 The political drama (or farce) of Westminster politics will dominate the news agenda for the rest of the summer. The high-stakes Makerfield by-election next month will be followed by a Labour leadership election – or, possibly, a coronation – leading to a change of Prime Minister and an entirely new policy agenda. The consequences of [...]
Mel Stride: Markets have issued ‘damning verdict’ on Labour May 18, 2026 Shadow chancellor Sir Mel Stride is set to claim that markets have issued the Labour government a “damning verdict” after continual leadership speculation and tax rises, warning that taxpayers will be left on the hook. In a speech at the Centre for Policy Studies, Stride will argue that investors have taken an ill-view of the [...]
Burnham calls for UK to abandon ‘40 years of neoliberalism’ May 18, 2026 Labour leadership hopeful Andy Burnham has called for the UK to abandon “40 years of neoliberalism” as he claimed that Westminster politics had failed northern communities. In what is being widely interpreted as Burnham’s Labour leadership launch speech, he said that the upcoming by-election in Makerfield was a chance for a “much bigger debate about [...]
IMF tells Reeves to drop triple lock pension and make ‘fundamental’ tax reform May 18, 2026 The UN’s global financial fund has called on Chancellor Rachel Reeves to drop the triple lock pension and draw up “contingency” tax measures to ensure that public debt is reduced as a share of GDP. The International Monetary Fund has said that there are “risks” around spending forecasts and tax receipts, criticising the Chancellor for [...]
From pensions to healthcare: UK state spending on old age surges May 18, 2026 Government spending on the elderly has dramatically increased the size of the state, analysis by the official statistics body has shown. Fresh research by the Office for National Statistics has suggested a steady rise in spending on health and old age has contributed to a rise in government consumption as a share of GDP. In [...]
UK property taxes are highest in world – and they’re rising May 18, 2026 The UK has the highest level of property taxes of any major economy in the world as a share of the economy, according to new analysis, with new business reforms only set to add to the load. The global tax firm Ryan said the UK suffered a heavier property tax burden than the likes of [...]
Rachel Reeves to scrap fuel duty hike May 18, 2026 Rachel Reeves is set to scrap plans to hike fuel duty, following pressure over the impact of the Iran war on fuel prices and the cost of living. Fuel duty was first frozen by the Tories in March 2022 and the Chancellor had extended this hold on the rate until the end of August this [...]
‘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 [...]
Starmer prepares for leadership battle as Streeting declares UK must rejoin EU May 16, 2026 Prime minister Keir Starmer is expected to approve an £18bn increase in defence spending, as he prepares to battle for his political survival. Senior defence insiders said the investment would enable the armed forces to modernise and prepare to fight a future war. According to reports in The Times, national security adviser, Jonathan Powell, has [...]