No ‘capacity’ for Ed Miliband’s warm homes plan, says British bank boss June 2, 2026 A UK banking chief has warned the government does not have the “capacity” to meet its ambition to transition millions of homes to low carbon-heating technologies. Nigel Terrington, the boss of specialist lender Paragon Bank, said Labour faced an “operational capacity constraint” in its bid to implement its warm home plan. The £15bn initiative, which [...]
London luxury property at mercy of Labour chaos, not Iran war June 2, 2026 Labour party infighting, not the Iran war, is the primary factor shaping the ongoing slump in London’s luxury property market, experts have said. While inflation fears caused by the Iran war had been blamed for the capital’s stagnant prime property market, speculation around the tax regime of a potential successor to Starmer is emerging as [...]
Access Appoints Sally Johnson as New Chief Financial Officer June 2, 2026 The Access Group has appointed Sally Johnson as its new Chief Financial Officer, effective 1 June 2026. Sally joins from Pearson plc, where she served as CFO for six years and brings more than 25 years of experience across strategic finance, M&A, business transformation and investor relations in large and complex global organisations. This press [...]
Surging military spending boosts London-listed defence sales June 2, 2026 Two London-listed manufacturing contractors are reaping the benefits of a surge in defence spending as the period of geopolitical turmoil boosts sales across the sector. FTSE AIM-listed firm Gooch & Housego’s saw its profits before tax surge by nearly 16 per cent in the first half of the financial year, up to £3.3bn, driven by [...]
IMU Biosciences announces oversubscribed financing round, bringing its Series A to over $53M as it accelerates its work to decode the immune system with unprecedented resolution and scale, to transform how we understand, diagnose and treat disease June 2, 2026 IMU has built the world’s largest immune dataset and can use a simple blood sample to measure over 100 million immune data points, providing precise actionable insights for patients and healthcare providers Proceeds from the latest round will support IMU’s operational expansion and development of clinical platform and infrastructure, alongside advancing the Company’s clinical programmes
Liverpool have the most valuable front-of-shirt deal in the Premier League June 2, 2026 Liverpool have the most valuable front-of-shirt sponsorship deal in the Premier League, a new fair market report has revealed. The Reds’ reported £50m-per-season deal with financial services group Standard Chartered is actually undervalued by over £10m and should be worth £61m, according to The Sponsor’s “Premier league Fair Market Sponsorship Values 2026” report. It sees [...]
Right to Buy has been a huge success, of course the left hates it June 2, 2026 Labour leadership contenders’ claims that Right to Buy is to blame for the housing crisis are absurd, says Ben Hopkinson Last week in a 5,000 word polemic, Tony Blair accused the Labour government of being parked firmly in the party’s ‘soft left’ comfort zone. Perhaps nothing reflects this more than the leadership contender’s short-sighted clamour [...]
The world can’t keep consuming more than it produces June 2, 2026 Commodity markets have proved remarkable resilient, but there is no financial engineering solution that can replace missing barrels of oil, says Helen Thomas Commodity markets have spent the past three months performing an extraordinary balancing act. Despite one of the most significant disruptions to global energy flows in decades, the global economy has continued to [...]
Quantum could be Britain’s next tech breakthrough June 2, 2026 Britain's next tech titan could be a quantum company. That’s not a sentence I'd have said five years ago, writes Carolyn Dawson.
Pension master trusts join forces to tackle outdated transfer systems June 2, 2026 Eight pension master trusts have joined forces in a bid to improve the pension transfer system following uproar over its outdated and sluggish practices. The group, dubbed Pathfinder, brings together trusts including Nest, Smart Pension and People’s Pension, which represent over £162.7bn in funds under management and 14.5m savers. It aims to examine the current [...]