Andrew Bailey warns markets are not ready for the rise (or fall) of AI August 31, 2026 The governor of the Bank of England and chair of the Financial Stability Board, Andrew Bailey, has warned that countries are unprepared for the consequences of advanced AI and that the wider economy remains vulnerable to a dramatic market correction triggered by a potential slump in AI and tech stocks. Ahead of a G20 meeting [...]
e.l.f. Beauty and Parity Release “Girls Who Play Change the Game”, Connecting Girls’ Sports Participation to Long-Term Workplace Impact August 31, 2026 One of the largest and broadest studies of its kind, the study reveals the connection between the skills girls learn playing sports and women's careers
Treasury ‘tells Healey’ to consider tax on banks and oil August 30, 2026 Chancellor John Healey has been presented with a plan to tax oil firms and banks further as bosses in the sectors have posted huge profits, according to reports. Healey may look to tax businesses at this year’s Budget in order to rebuild a partly-eroded £22.7bn fiscal buffer, and fill spending pledges for defence and the [...]
Extraordinary athletes, ordinary content: why even Nike should make more of its talent August 30, 2026 Nike’s former global editor, Dan Rookwood, argues that brands are leaving value on the table by wasting their allocated time with star athletes. Since landing my first job on the sports desk of The Guardian’s website in 2000, I’ve spent a good chunk of my career interviewing athletes. Sometimes it has been a joy – [...]
Cleverly announces bid to run for London mayor August 29, 2026 James Cleverly has quit from Kemi Badenoch’s shadow cabinet in order to launch his bid to run for mayor of London. Cleverly, who was the shadow housing and local government secretary, said he would put himself forward for the Conservatives’ candidacy for London mayor. He said the capital needed someone who “is prepared to fight [...]
Xenom: Hyrox and CrossFit mash-up backed by tech moguls set for London bow August 28, 2026 Fresh from providing the backdrop to elite padel’s London debut, Kensington Olympia is playing host this weekend to another sport with a rising participation base: Xenom. Xenom has been dubbed “Hyrox for CrossFitters” – like Hyrox, it has a set format designed to test many of the attributes honed in CrossFit and other functional fitness [...]
Venture heavyweights denounce government’s £1bn scale-up fund plans August 28, 2026 The government’s flagship £1bn scale-up fund will miss out on top deals and chalk up poor performance for its pensioner investors should ministers select a traditional firm to manage it over a specialist venture capital shop, a group of the UK’s top early-stage investors has warned. The industry heavyweights, who between them are early backers [...]
BLK: Portfolio Company of Enry’s Island S.p.A., Lists on Euronext Dublin August 28, 2026 Enry’s Island S.p.A. (WBAG:EIOS), an international venture builder with headquarters in the Tremiti Islands and the Metaverse, announces that BLK Global PLC, one of the portfolio companies within its ecosystem, has successfully completed its admission to trading on Euronext Access Dublin. Trading in the company’s shares commenced on Friday, July 31, 2026, under ticker BLKX [...]
Google to pay £260m to settle ‘unfair’ pricing class action lawsuit August 28, 2026 Google’s parent company, Alphabet, has agreed to pay £260m to settle a class action lawsuit that alleged the US company imposed “unfair and excessive” charges on app developers selling apps on the Google Play Store. The case, brought to the Competition Appeal Tribunal (CAT) by competition law professor Barry Rodger on behalf of UK app [...]
Business confidence climbs on consumer spending power August 28, 2026 Business confidence has risen to its highest level since March, as resilient consumers shrug off the impact of the Iran war and Budget-related speculation is kept to a minimum. According to the Lloyds Business Barometer, confidence among British firms rose four points in August to 53 per cent, the highest reading since the outbreak of [...]