Balbec Capital Acquires Funding 365, A UK Specialist Property Lender June 22, 2026 Acquisition Establishes Dedicated UK Bridging Loan Origination Platform, Expanding Balbec's European Real Estate Capabilities
Andy Burnham: being all things to all men will end up letting everyone down June 22, 2026 Andy Burnham has made a series of promises he knows he can’t keep. Either that he does not care, so consumed is he with ambition to be Prime Minister, or that he believes he will somehow find a way to make the circle appear squared and satisfy a broad spectrum of opinion. Indifference or mendacity [...]
Starmer resigns as Prime Minister June 22, 2026 Sir Keir Starmer has resigned as Prime Minister less than two years after winning a landslide victory at the 2024 general election. Starmer had faced mounting pressure in recent days after challenger Andy Burnham swept to victory in the Makerfield by-election. In a speech outside Downing Street, the Prime Minister said his position had become [...]
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 [...]