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      Budget 2026: Healey leans on private sector for defence investment drive

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  • Rolls-Royce shares rise as Burnham pledges investment in British defence

    July 9, 2026

    Shares in London-listed defence firms including Rolls-Royce and Babcock rose on Thursday morning after Prime Minister-to-be Andy Burnham pledged to drive investment into Britain’s defence industry. The Makerfield MP said strengthening Britain’s defence will be his “first priority” if he enters Number 10 – as he is expected to later this month – but insisted [...]

  • Prologis ramps up pressure on FTSE 100 property giant Segro

    July 9, 2026

    US real estate giant Prologis has called on shareholders in FTSE 100 rival Segro to engage with its £12.6bn takeover bid, arguing the deal offers a “substantial upfront premium” and access to a larger global footprint of data centres. Prologis, a real estate investment trust (REIT) based in San Francisco, claimed that “constructive engagement… remains [...]

  • Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum 

    July 9, 2026

    Paul Johnson, former director of the Institute for Fiscal Studies and Robert Johnson of the Centre for Cities analyse the economic impact of Brexit and its promise of deregulation and growth Since the Brexit referendum of 2016, and since  actually leaving the EU in January 2021, the UK’s economic performance has been feeble. On a [...]

  • London doesn’t need more social housing, it needs more housing full stop

    July 9, 2026

    Andy Burnham’s plan for a huge social housebuilding programme will be expensive and won’t solve the root cause of the housing crisis: we just haven’t built enough houses, says Emma Revell Andy Burnham isn’t letting a little thing like constitutional reality get in the way of starting his premiership with some big announcements. The de [...]

  • If Burnham wants growth he’ll have to save the City

    July 9, 2026

    Quite the roll call: Beazley, Tate & Lyle, Intertek, Schroders, easyjet. Companies abandon their public listing for their own reasons but the cumulative impact cannot be ignored and, given the dearth of any substantial new entrants, it cannot be dismissed as the healthy churn of dynamic capital markets. Far from it. A typically punchy note [...]

  • Daniel Hulme: I asked Elon Musk on a yacht to help me solve AI consciousness

    July 9, 2026

    Daniel Hulme is a global AI expert. He tells us about studying AI on a two-person course 27 years ago, and meeting Elon Musk on a yacht.

  • ‘Moment of jeopardy’: City leaders issue rallying cry to safeguard London’s future as top financial hub

    July 9, 2026

    London stands at a “moment of jeopardy”, top business leaders have warned, as they issued a rallying cry to secure the Square Mile’s future as a top global financial hub. The City bigwigs, including Soc Gen UK chief executive Thierry d’Argent, London Metal Exchange boss Matthew Chamberlain and former City minister Bim Afolami, have called [...]

  • No air conditioning on the Tube? Blame Sadiq Khan

    July 9, 2026

    You could be riding in new, air conditioned trains on the Piccadilly Line and DLR but City Hall has botched their introduction. James Ford is getting hot under the collar... Do you find the tube to be oppressively hot in the summer and unbearable in a heatwave? Ever found yourself sweating on the Central Line? [...]

  • Why Gen Z are paying to go to ‘house parties’

    July 9, 2026

    London hospitality is struggling as Gen Z rein in nights out, so why are Little Door’s house party-style bars thriving, asks Anna Moloney.

  • London cannot afford to sleepwalk through the next decade 

    July 9, 2026

    London is slipping into complacency. We must use the next decade to reassert ourselves as a premier financial centre, writes Aster Crawshaw.

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