US VC pulls out of Oxford Union event over incoming president’s comments September 12, 2025 A top US venture capitalist has pulled out of an event at the debating society Oxford Union after its president-elect appeared to have cheered the death of Charlie Kirk, a rightwing US free speech activist. Josh Wolfe, co-founder of VC firm Lux Capital, said he had withdrawn from the event after the Oxford Union’s next [...]
Starmer backs Mandelson amid calls for his sacking September 10, 2025 Keir Starmer has said he has “full confidence” in the UK’s ambassador to the US Peter Mandelson despite calls from his own backbenches for him to be sacked over new revelations about his links to the notorious Jeffrey Epstein. The prime minister said “due process” was followed around Mandelson’s appointment to his key ambassadorial role [...]
Von der Leyen: Russia must pay for Ukraine’s recovery September 10, 2025 The European Commission has called for another package of sanctions against Russia with President Ursula von der Leyen saying: “This is Russia’s war, and it is Russia that should pay.” During her 2025 ‘State of the Union’ address, von der Leyen emphasised that European taxpayers should not be the only ones bearing the brunt of [...]
‘Embarrassed’ Mandelson: More Epstein letters ‘going to come out’ September 10, 2025 Lord Mandelson has apologised for the “embarrassing” letter he wrote to Jeffrey Epstein in which he referred to the convicted sex trafficker as his “best pal”, saying he “regrets very deeply” continuing his relationship with him after he was convicted. The former Labour spin doctor, often referred to as ‘the Prince of Darkness’, said that [...]
Nvidia and OpenAI to join Trump in UK as questions mount over UK-US tech partnership September 9, 2025 Some of the world’s most powerful tech chiefs are expected to join US President Donald Trump on his state visit to the UK next week, raising expectations of new tie-ups and a reboot for the US-UK tech partnership. Nvidia’s Jensen Huang and OpenAI’s Sam Altman will travel with Trump when he arrives on Wednesday, and [...]
Will Trump trip up Nigel Farage? September 8, 2025 Nigel Farage’s open admiration for Donald Trump may boost his profile abroad but risks alienating British voters, for whom Trump remains deeply unpopular, says Eliot Wilson If it is true that there’s no such thing as bad publicity, then Nigel Farage can mark last week down as an unalloyed success. He travelled to Washington DC [...]
Trump’s tech love-in highlights Musk rift as Silicon Valley backs AI push September 5, 2025 President Donald Trump’s White House dinner with the chiefs of the US’s biggest tech companies was meant to showcase unity between the president and Silicon Valley. Instead, the glaring absence of Elon Musk underscored the growing rift between the one-time allies as rivals like Apple’s Tim Cook and OpenAI’s Sam Altman lined up to praise [...]
Trump may face tariff refund ‘nightmare’ September 4, 2025 Donald Trump could face the “nightmare scenario” of being forced to refund the money collected by his tariffs, a leading City advisory firm has told City AM, after a federal court deemed most of them illegal. The court found last Friday that the US President overstepped his office’s powers when he unilaterally announced April’s so-called [...]
Alibaba unveils new AI chip as Nvidia’s China headache deepens August 29, 2025 China’s tech giants are racing to plug the gap left by Washington’s export bans, with Alibaba rolling out a new AI processor designed to replace Nvidia’s restricted H20 chip. The e-commerce titan, now also the country’s largest cloud-computing group, said the chip is more versatile than its predecessors and is aimed squarely at domestic AI [...]
‘Inflation fears’ and trade turmoil to reinforce sterling rally August 28, 2025 A fresh bout of inflation and Donald Trump’s capricious approach to trade policy should extend the pound’s rally well into next year, according to a top investment bank which has raised its 12-month forecast for sterling against the dollar. Panmure Liberum’s Simon French said the recent string of hotter-than-expected inflation readings in the UK was [...]