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      Revolut and Nubank want to make neobanking their world

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UK Government

  • Fractured politics has its upsides – trust me, I led Vote Leave

    June 30, 2026

    For all the challenges of multi-party politics, the policy competition it encourages is already bearing fruit, writes former Vote Leave chief Matthew Elliott.

  • Government-backed ESG reporting platform put up for sale as firms backtrack on eco-goals

    June 30, 2026

    An ESG reporting platform backed by the government-owned British Business Bank has been put up for sale after appointing administrators, City AM can reveal, in the latest sign blue-chip companies are paring back their sustainability commitments. World Wide Generation, which operates the platform, known as G17 Eco, has opened the bidding to interested parties and [...]

  • Starmer to unveil hotly debated Defence Investment Plan in final act

    June 29, 2026

    Sir Keir Starmer will unveil the highly-anticipated Defence Investment Plan in one of his final acts as Prime Minister.  Starmer will publish full funding plans for the Defence Investment Plan (Dip), the government’s 10-year blueprint for armed forces, on Tuesday. He will say that more than £5bn over four years will be invested into drones, [...]

  • Google ‘disappointed’ as Youtube swept into UK social media ban

    June 29, 2026

    Google has said it is “disappointing” that Youtube has been included in the government’s planned ban on social media for under-16s, warning the measures risk cutting children off from one of the internet’s biggest educational resources. The rebuke forms the firm’s strongest response yet to Keir Starmer’s plans to prohibit children under 16 from using [...]

  • Yoti boss warns social media ban needs tougher age-check standards

    June 29, 2026

    The chief executive of digital identity giant Yoti has urged ministers to introduce minimum standards for age verification, warning the government’s proposed social media ban for under-16s risks falling short without clearer rules on how platforms check users’ ages. The intervention comes after Keir Starmer announced plans to block children under 16 from accessing major [...]

  • Streeting tax policies could cost the Treasury nearly £8bn

    June 29, 2026

    Adopting Wes Streeting’s plans to hike capital gains tax could cost the Treasury billions of pounds and lead to a reduction in retail investment, new analysis suggests. Last month, Streeting, who is reportedly in the running to succeed Rachel Reeves as Chancellor should Andy Burnham enter No 10, proposed that capital gains tax (CGT) should [...]

  • AI data centre race reaches rural Devon as Xlinks eyes £3.6bn campus

    June 29, 2026

    Britain’s race to build the infrastructure underpinning AI is moving beyond its traditional data centre heartlands, with Xlinks unveiling plans for a £3.6bn AI campus in north Devon as developers search for land and grid capacity. The energy developer, whose Morocco-UK power project was shelved by the government earlier this year, wants to build a [...]

  • ‘Anti-growth’: Labour blocks City of London skyscraper plans

    June 29, 2026

    The government has been branded “anti-growth” by the City of London Corporation after a minister blocked plans to build tall buildings near the Tower of London. In a letter to planning chiefs, the housing minister Matthew Pennycock said the authority for the Square Mile should not be able to go ahead with its skyscraper plans [...]

  • Is Andy Burnham a left-wing Liz Truss?

    June 29, 2026

    Say what you like about Andy Burnham (and I intend to say a lot) but he’s not short on ambition. Armed with a single by election victory he now intends to oversee “the biggest change in our lifetime to the way Britain is run.” The PM-in-waiting had popped down to London for some selfies before [...]

  • Sky owner Comcast announces plan to split

    June 29, 2026

    Comcast, the US media behemoth which owns Sky TV, has announced plans to split in two.  The deal comes just as Sky is agreeing terms of a multi-billion-pound acquisition of part of ITV, which would unite the UK’s biggest pay-TV provider with the channels and streaming platform of its dominant free-to-air service.  London traders looked unperturbed at [...]

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