Starmer to nationalise British Steel in bid to save premiership May 11, 2026 Keir Starmer has promised to nationalise British Steel and prioritise closer ties with the European Union in a make or break speech to save his premiership after a bruising set of local election results. Speaking after a weekend of frenzied speculation on his future in Number 10 Downing Street, the Prime Minister rejected calls for [...]
Lime races SpaceX and OpenAI to IPO as revenues soar May 11, 2026 Lime, the Uber-backed e-bike giant, filed for a Nasdaq listing over the weekend, joining a growing cohort of tech giants racing toward public markets this year. The Silicon-Valley based micromobility titan, known for its ubiquitous green bikes, plans to list on Nasdaq this year, following revenues jumping 29 per cent to $886.7m (£665m) in 2025, [...]
Drive to Survive backer buys stake in Hearns’ Matchroom empire May 11, 2026 Bruin Capital, a backer of the maker of Drive to Survive and Bruno Fernandes’ agency, has bought a minority stake in multi-sport promoter Matchroom. No terms were disclosed but the deal will see the Hearn family continue to majority own and run the business, which generates most of its revenue from boxing, darts and snooker. [...]
Government targets £99bn in Australian investment in major projects May 11, 2026 The government is looking Down Under to bankroll major infrastructure projects, as it aims to raise £99bn in Australian pension investment the next decade. Investment minister Lord Stockwood is touring Australia, Malaysia and Singapore this week as he positions the UK as the most “trusted, stable and connected” destination for funds in the region. The [...]
Algoma Central Corporation Announces Results of 2026 Annual General Meeting of Shareholders May 8, 2026 Algoma Central Corporation (TSX:ALC), held its Annual General Meeting of Shareholders (the “Meeting”) on May 7, 2026. Each of the matters set out below were voted upon at the Meeting and are described in greater detail in the Company’s Management Information Circular dated March 6, 2026, available online at www.algonet.com/investor-relations and www.sedarplus.ca. 1. Election of [...]
New ‘360 degree video’ of David Attenborough hits central London May 8, 2026 A new immersive installation at Outernet – that mad box of screens outside Tottenham Court Road station – will celebrate the life of Sir David Attenborough as he turns 100. The five-minute “360 degree video” launches today, with fans able to simply walk in and gawp at animations and real-world footage of David Attenborough. Entitled [...]
Prem Rugby chiefs admit its ‘challenging’ to compete with Top 14 May 8, 2026 Prem Rugby chiefs have admitted competing with the French Top 14 has been “challenging” given English salary cap rules. Clubs across England can spend around £8m per season on their squad, with £6.4m of that the standard cap and the remaining a series of credits and allowances. The French Top 14 will see its salary [...]
CYNREN Launches Next Generation Advisory Firm Serving Family Offices, Funds and Institutions May 8, 2026 Founded by former partners of KPMG and Citibank with decades of experience guiding businesses, funds and families
Arm’s AI ambitions hit supply chain reality despite record revenues May 8, 2026 Computing giant Arm has spent the last twelve months posing as one of the AI boom’s biggest beneficiaries, but the British chip maker’s latest results exposed that the semiconductor supply chain is lagging behind demand. The Cambridge-born company posted record quarterly revenues of $1.49bn (£1.09bn) and annual revenues of $4.92bn on Wednesday, marking its third [...]
Forget non-doms, it’s the British founder exodus that matters May 8, 2026 Non-doms leaving is hardly surprising. It's the British founders rearranging their affairs that should make us worry, writes Simon Malkiel.