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      Kia Oval worth £80m to the UK economy as Test gets underway

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  • ShipStation Global™ Names Mark Honeyben as SVP and Managing Director of Europe

    Business Wire

    Former Amazon Director Brings Retail and AI Expertise to Accelerate European Growth

  • Inflation stays below three per cent despite price warning

    Economics

    Inflation has stayed below three per cent although economists are predicting further price increases later this year.  The Office for National Statistics said inflation in the year to May was lower than economists expected with the consumer prices index (CPI) showing a reading of 2.8 per cent. Core inflation, which strips volatile energy and food [...]

    The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.
  • FTSE 100 Live: Stocks dip and government borrowing costs cool after inflation undershoots

    Markets

    Good morning and welcome back to the City AM liveblog. Fresh inflation data this morning showed a reading of 2.8 per cent leading the consumer price index unchanged from May. This came under the expectations of a poll of City analysts by Bloomberg that forecast inflation would come in at three per cent for May. [...]

    Rachel Reeves
  • It’s time to scrap the Equality Act

    June 17, 2026

    Pernicious New Labour legislation is distorting the jobs market and costing business, says Joe Dinnage It’s a golden rule of good writing to invoke George Orwell as little as possible. Chronically overused, the term ‘Orwellian’ is to newspaper columnists what ‘obviously’ is to football pundits.  Occasionally, however, rules must be broken. We at the Prosperity [...]

  • Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza

    June 17, 2026

    Scottish investment shop Baillie Gifford is in line to more than triple its money on its stakes in Anthropic when the AI juggernaut floats on the stock market this summer, just months after netting a £3.6bn gain on its historic SpaceX punt. Three of the Edinburgh-based asset manager’s flagship trusts could use Anthropic’s eagerly awaited [...]

  • Catalytic capital is the next phase in philanthropy

    June 17, 2026

    Increasingly, philanthropists and the businesses and investors who think like them are asking how we move beyond responding to crises and start addressing their causes? says Jane Thompson As the UK enters one of the largest intergenerational wealth transfers in its history, a new generation of business leaders, investors and entrepreneurs has an opportunity to [...]

  • Belu Water CEO: What does business as a force for good actually look like?

    June 17, 2026

    Social enterprises prove that a morally good economy is also a prosperous one, says Charlotte Harrington What does “business as a force for good actually look like? The phrase is thrown around all the time. Is it about growing the economy? Helping vulnerable communities? Making sustainable choices in the middle of an environmental crisis? I’ve [...]

  • Shipping chief: Hormuz tankers reluctant to leave Gulf despite Iran deal

    June 17, 2026

    Shipping firms remain reluctant to navigate the Strait of Hormuz sea passage despite this week’s peace deal, according to a boss of the industry’s lobby group who warned that trade volumes will not return to full capacity until next year. Peter Aylott, director of policy at the UK Chamber of Shipping, told City AM that [...]

  • Lattice to Showcase Industry-Leading FPGA Innovations at FPGA Conference Europe 2026

    June 16, 2026

    Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced its exhibition plan for the upcoming FPGA Conference Europe. Lattice will participate in various speaker sessions to showcase how low power FPGAs are driving innovation across multiple sectors. The company will also demonstrate its latest FPGA technology advancements in physical AI, advanced connectivity, security, [...]

  • Healey condemns Reeves: ‘Our adversaries do not follow timetables set by the Treasury’

    June 16, 2026

    John Healey has delivered a stinging criticism of Rachel Reeves’ handling of defence spending, warning that the UK’s enemies “do not follow timetables set by the Treasury”.  In his resignation speech in parliament, the former defence secretary took aim at Sir Keir Starmer and Reeves for failing to fully fund the Defence Investment Plan (DIP), [...]

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