Steel tariffs watered down after industry backlash June 25, 2026 Government ministers have watered down the looming steel tariffs after manufacturers warned that the measures intended to safeguard Britain’s steelmakers would cause “immediate hardship” on downstream businesses. In a written statement to parliament, trade minister Chris Bryant confirmed the government would now slash the tariff-free steel import quota by 51 per cent, as opposed to [...]
Is the jobs market driving graduates to spy for China? June 25, 2026 When Thomas Munson was approached by a keen recruiter on Linkedin, he was pleased - before realising it may be a Chinese intelligence agent.
Pigment boss: ‘We’re replacing legacy players at the speed of light’ June 24, 2026 Eléonore Crespo, co-founder and chief executive of Pigment, said the company is replacing legacy enterprise software providers “at the speed of light”, as demand for AI-native business planning accelerates across the private sector. The Paris-headquartered platform, which helps companies including Unilever, Siemens, Anthropic and Coca-Cola run financial planning and performance management, is approaching $100m (£75m) [...]
Elliptic Intelligence Used by the FBI in Action Against Huione, the $134 Billion Criminal Marketplace and Money Laundering Operation June 23, 2026 Elliptic, the global leader in digital asset decisioning, today announced that its intelligence was used by the Federal Bureau of Investigation in today’s action against the operators of Huione Group. The Justice Department announced the seizure of a cloud computing account used by subsidiaries of the Huione Group, a Cambodia-based corporate conglomerate. First exposed by [...]
VW Golf R 2026 long-term review: Final verdict on a classic hot hatch June 19, 2026 When I first enquired about running a Golf R, I expected this to be a swansong of sorts. The eighth-generation VW Golf was to be the last, we were told, as the electric ID.3 filled the family hatchback-sized hole in the Volkswagen range. Thankfully, reports of the Golf’s demise were a little premature. Volkswagen had [...]
Struggling Pizza Hut snapped up by private equity in $2.7bn deal June 16, 2026 Struggling restaurant chain Pizza Hut is set to be offloaded to private equity by its owner Yum Brands in a $2.7bn deal. Most of the pizza giant’s global operations will be sold to Long Range Capital just months after 250 restaurants were put on the chopping block. Pizza Hut’s locations in mainland China are excluded [...]
Lyft bets black cabs and robotaxis can share London’s streets June 16, 2026 Lyft is preparing to bring Chinese robotaxis to London and believes autonomous vehicles will grow the capital’s transport market rather than replace its drivers. The Uber rival has claimed the arrival of self-driving vehicles would create a “hybrid network” of robotaxis and human drivers, as the American mobility giant expands its presence across Britain through [...]
Optimum Asset Management’s Investor Summit in Portofino brings together Mike Pompeo, Matteo Renzi and leaders across government, finance and industry to discuss the future of the global economy and geopolitics June 16, 2026 Mike Pompeo addressed geopolitical risks including China, Iran, Ukraine and Europe-US security cooperation. Matteo Renzi, Edoardo Rixi and senior government representatives joined discussions on European competitiveness, infrastructure and energy. The summit convened institutional investors, entrepreneurs and financial market professionals to discuss the future of the global economy.
‘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, [...]
Billionaire John Caudwell: Britain needs to stop criticising the wealthy and start celebrating success June 5, 2026 Phones4U founder John Caudwell’s new Riviera development features a £250k statue of himself. Billionares should be proud of their success, he tells Felix Armstrong “If I was trying to purely make money, I would have built student accommodation in Manchester and put another 5,000 Chinese people in there,” billionaire and philanthropist John Caudwell says as [...]