Babcock predicts global government defence spending spree after hit to profit June 22, 2026 Babcock said it had suffered a £140m financial hit due to delays in a contract with the Royal Navy but reiterated its financial targets for the next year, predicting high spending as global governments plough cash into defence. Profit before tax slumped to £267.2m from £339.4m in the prior year after problems with its Type [...]
Who could be Andy Burnham’s Chancellor? June 22, 2026 As speculation over the Labour leadership grips Westminster, Maurício Alencar looks at the possible candidates for the next Chancellor – an appointment that will face heavy scrutiny by the markets. Andy Burnham’s journey toward Downing Street so far has featured scores of polls outlining his popularity among Labour members and the public, Labour MPs travelling [...]
Straive Acquires NextGen Invent to Boost Data & AI Operationalization Capabilities June 22, 2026 Straive, a global leader in Data & AI operationalization, today announced its acquisition of NextGen Invent, an AI engineering and enterprise services provider. NextGen Invent combines data and AI engineering with domain expertise to deliver tailored business solutions for clients across various industries, including Life Sciences, and Manufacturing. The company has offices in New York [...]
King Charles to publish tax bill for ‘transparency’ June 21, 2026 The King is to become the first head of state to reveal their personal tax bill to help enhance transparency around royal finances. Charles will publish his financial details as his royal household seeks to increase “clarity and accessibility” around the monarchy’s finances by producing a new report on the subject. The decision by the King, [...]
Cruz galloper set for a Winning Ovation in Premier Cup June 20, 2026 RACING in Hong Kong is back in action at Sha Tin on Sunday, with an 11-race programme featuring a couple of Group Three contests. Umbrellas’ have once again been to the fore in the city, with both 70 millimetres of rain falling in the Sha Tin area during the week and over 3000 lightning strikes [...]
Economic benefit of Heathrow expansion slashed by 90 per cent June 20, 2026 Heathrow’s third runway could boost the UK economy by just 0.05 per cent, a 90 per cent loss of the economic benefit that had been previously forecast. The expansion of the UK’s biggest airport will boost GDP by 0.05 per cent at best but this impact could be as little as 0.3 per cent, government [...]
‘No authority’: Starmer under pressure to quit after Burnham wins in Makerfield June 20, 2026 Sir Keir Starmer is facing fresh calls to quit from his own cabinet and a Labour peer after Andy Burnham’s triumph at the Makerfield by-election. Lord Falconer, a former justice secretary under Tony Blair, became the latest Labour figure to call for the Prime Minister to step down, saying he has “absolutely no authority”. Burnham’s [...]
Be Brave with Comanche and Sajir in QEII sprint June 19, 2026 THIS YEAR’S Royal Ascot meeting comes to a close with Saturday’s seven-race card, where the Group One Queen Elizabeth II Jubilee Stakes (3.40pm) is the feature contest. Australia are doubly represented here with Joliestar and Overpass, the latter backing up from his valiant third in the King Charles III on Tuesday. I respect these two, [...]
SailGP complete sale of last team in fleet to former McLaren and Everton investors June 19, 2026 SailGP chiefs have hailed “a very significant milestone” after MSP Sports Capital’s majority buyout of the New Zealand team took the final outfit into private ownership. Private equity firm MSP sold its stake in McLaren’s Formula 1 team last year and previously loaned £185m to Everton for the construction of their Hill Dickinson Stadium. The [...]
Burnham must walk a tightrope on his ascent to Downing Street June 19, 2026 After Andy Burnham cleared the path for a run at the Labour leadership with an emphatic win in the Makerfield by-election. Maurício Alencar sketches out what an Andy Burnham government could look like – and the balancing act he faces on the way there Despite romping home to victory in the Makerfield by-election on Friday, [...]