Government aid ‘worth £28bn’ handed to terrorists, criminals and hostile states June 9, 2026 Billions of pounds of UK taxpayers’ money has been misspent as government aid and Covid relief funds ended up in the hands of terrorists, hostile states and criminal gangs, according to reports. A Cabinet Office dossier, unearthed by the Telegraph, found that more than £28bn ended up in the hands of the Islamic State and [...]
Is ‘disinformation’ really one of the biggest challenges facing London? June 3, 2026 All power to the Lady Mayor and her newly assembled team of City leaders who want to shout from the rooftops about the strengths and assets of our great capital city. Dame Susan Langley will tonight launch a new campaign, Team UK, backed by some of the Square Mile’s biggest business and industry groups, with [...]
Top spook says Russia ‘relentlessly targeting’ UK infrastructure May 27, 2026 One of Britain’s top spooks is set to warn that Russia is “relentlessly targeting” the country’s critical infrastructure as businesses have been urged to take action on cyber security. GCHQ director Anne Keast-Butler will deliver a speech on Wednesday where she will warn the public about cyberattacks by Russia and other hostile actors targeting the [...]
Lor’s Numbers to follow home Triple Crown-winning Warrior May 22, 2026 WITH the weather set fair for an 11-race programme at Sha Tin in Hong Kong on Sunday, racegoers can witness the final Group One race of the season, the mile-and-a-half Standard Chartered Champions & Chater Cup (9.05am). All eyes will be one horse, 14-time Group One winner Romantic Warrior, who steps out on to the [...]
Losses balloon at Easyjet despite seeing ‘no disruption’ to jet fuel supplies May 21, 2026 Easyjet has played down fears that a jet fuel crisis caused by the Middle East will rip through its low-cost model, saying it has kept price rises to a minimum despite losses at the carrier ballooning to more than half a billion pounds. The London-listed carrier told investors it was “not seeing any disruption” to [...]
How SpaceX could become the most valuable company in the universe May 21, 2026 Elon Musk’s plans to colonise Mars may sound far-fetched, but he has already achieved most of what he set to do. But in order to make science fiction a reality, we need to make sure companies are rewarded for taking risks in space, says Rainer Zitelmann SpaceX is aiming to go public in June setting [...]
Starmer scrambles to limit fuel shortage hit May 20, 2026 Sir Keir Starmer has spelt out a number of policies to address fuel shortages, signalling the government’s fears that the Iran war could hit motorists and households. During Prime Minister’s Questions, Starmer defended an announcement last year to “phase” new sanctions on Russia, while also trailing a policy to freeze a 5p fuel duty cut [...]
Starmer eases sanctions on Russian oil despite calls to ramp up North Sea drilling May 20, 2026 Keir Starmer is to allow Russian imports of diesel and jet fuel in a major softening of what has been a hardline stance towards Russia since its invasion of Ukraine in 2022. A licence issued on Wednesday will allow such products to enter the UK “indefinitely”, as long as the oil has been refined in [...]
Deutsche Bank hit with six-figure fine in UK for breaching Russia sanctions May 19, 2026 Deutsche Bank has been slapped with a six-figure fine by the Treasury’s financial sanctions body for processing payments that breached sanctions on Russia. The German multinational investment bank has been handed a £160,000 fine after it was found to have authorised two payments linked to a sanctioned Russian firm between the periods of June and [...]
City analysts brand SNP food price cap ‘hair brained’ May 19, 2026 Top city analysts have slammed the SNP’s pledge to cap food prices as “hair brained,” as the party’s leader refuses to walk back from the policy. City broker Shore Capital said the SNP’s proposals to cap the prices of some foods would risk diminishing choice, hampering investment in Scotland’s food industry and could even threaten [...]