Government sets out conditions for unlocking ‘trapped capital’ in defined benefit pension schemes June 10, 2026 The government has published a consultation setting out conditions on freeing ‘trapped’ capital from defined benefit pension schemes, in a bid to keep pace with the rapidly changing pension landscape and free up greater amounts of capital. The consultation, published on Wednesday by the Department of Work and Pensions, set out plans to give trustees [...]
For all their charm, digital banks still leave me tearing my hair out June 10, 2026 I admire London’s digital banks. But three events in the past month have made me realise I’m not parting ways with my high street bank any time soon. The first was dodgy transactions that started showing up on my Revolut account. I was being charged for random TfL tube journeys. I had a feeling this [...]
West Ham sponsor Boyle Sports ‘extremely concerned’ by David Sullivan allegations June 10, 2026 West Ham United sponsor Boyle Sports has expressed its serious concern at the allegations made against the club’s majority owner David Sullivan. Reporting by the BBC and The Times this week focused on claims that Sullivan had exploited his position as a publisher to pressure young women into sexual activity. Sullivan, 77, has strongly denied [...]
Thames Water eyes return to London Stock Exchange while Pennon back in profit June 10, 2026 There was a stark reminder for the City of the risks and rewards on offer to investors in water utilities on Wednesday, from two of the industry’s biggest names. One of them, Thames Water, is eyeing a return to the London Stock Exchange after a disastrous spell in private hands loaded it with debt and [...]
‘Safe’ version of Anthropic’s Mythos model hits market June 10, 2026 Anthropic officially released Claude Fable 5 on Wednesday, allowing the public to access the core architecture of its notorious ‘Mythos’ model for the first time – a technology previously deemed to dangerous for distribution. Fable 5 is being rolled out via Anthropic’s interace, but the launch comes with strict limitations. The San Francisco-based AI titan [...]
Rod Bransgrove: Hampshire saviour hailed by new owners GMR as he steps down June 10, 2026 Hampshire Cricket’s new owners, Indian group GMR, have hailed Rod Bransgrove after the long-serving chairman stepped down in the wake of their full takeover. GMR, which also owns the Indian Premier League franchise Delhi Capitals, this month acquired the final shares in the club as part of a staged £120m buyout agreed in September 2024. [...]
‘AI is not killing all these jobs’: LinkedIn boss on UK hiring slump June 10, 2026 Hiring in the capital is down 32 per cent from January 2019, a steeper fall than in any other region tracked by LinkedIn, as higher interest rates and corporate cost-cutting weigh on firms that dominate London’s labour market. Across the UK, hiring has slowed by 24 per cent on pre-pandemic levels and 10 per cent [...]
Game, Set, Match: How brands can serve up lasting value at Queen’s June 10, 2026 Queen’s is here and the tennis is back. Thom Newton looks at how brands get value out of the grass tennis tournament. Sports fans are relishing a summer that includes a World Cup, alongside the major fixtures of tennis, cricket and athletics. With sport comes the inevitable opportunities for brand sponsorships. However, visibility at events [...]
More than 80 retail bosses urge Starmer to tackle youth unemployment crisis June 10, 2026 More than 80 retail bosses have called on the Prime Minister to set out urgent measures to tackle youth unemployment, warning that the “ladder of opportunity for young people is wobbling”. The chiefs of leading retailers including Tesco, Sainsbury’s and John Lewis have called on Sir Keir Starmer to safeguard the position of retail as [...]
‘Watershed moment’: EV sales soar as oil price volatility drives away petrol car demand June 10, 2026 Brits are racing to get their hands on electric vehicles after a surge in oil prices triggered by the war in Iran has driven away demand for petrol and diesel cars, one of the UK’s biggest used car supermarkets has said. London-listed Motorpoint, which has seen its shares jump on the back of bumper profits, [...]