Conservatives have the right diagnosis, but can they cure Britain’s ailments? May 20, 2026 Mel Stride has set out his vision for the economic future of the UK, Matthew Bowles gives his analysis Westminster has spent much of the past week discussing the emergence of a supposed “Burnham premium” on British borrowing costs – the suggestion being that the mere prospect of Andy Burnham returning to national politics could [...]
Billionaire exodus should not be UK’s headline concern May 20, 2026 Billionaires are good for headlines, but it's what's happening lower down the corporate food chain that interests Susannah Streeter.
Mustafa Suleyman-founded Inflection AI to return to London May 20, 2026 Silicon Valley startup Inflection AI is marking a return to London as the company forges ahead with its expansion plans, City AM can reveal. The artificial intelligence business was launched in 2022 by Deepmind co-founder Mustafa Suleyman and attracted early backing from Linkedin founder Reid Hoffman. It released its own large language model, Pi, and [...]
Pacific Prime Unveiled the Global Employee Benefits Trends Report 2026 May 20, 2026 Pacific Prime, a leading global health insurance brokerage and employee benefits specialist, unveiled its latest Global Employee Benefits Trends Report (GEBTR) 2026. The report shines lights on the global businesses’ responses to the pressing cost challenges and evolving workplace demographics. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519733156/en/ Cost dominates benefits strategies [...]
The Square Mile gets its fourth City Minister – could it soon get its fifth? May 20, 2026 Four City minsters later, in this week’s column Samuel Norman takes a look at the blow to the Square Mile from the latest reshuffle. Also on the agenda: Revolut’s plans for the high net worth faces off with ambitions of incumbents. “Look for the girl with the sun in her eyes…” So goes the lyrics [...]
Johns Manville Announces John Vasuta as New CEO May 19, 2026 Johns Manville (JM), a global building and specialty products manufacturer and a Berkshire Hathaway company, announced today that Bob Wamboldt will retire and John Vasuta will assume the role of President and Chief Executive Officer, effective August 1, 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519630814/en/ Vasuta joined Johns Manville in [...]
Canva Brings On-Brand, Editable Design into Google Gemini May 19, 2026 With the addition of the Canva Connected App for Gemini, the Canva Design Engine now enables seamless creation in every major AI Assistant. Turn AI-generated images from Google’s Nano Banana model into editable designs with Canva’s Magic Layers AI tool. Connect to team context and brand intelligence stored on Canva to create on-brand designs from the first prompt.
Global Millennial Capital Closes USD 100 Million IPO Opportunities Fund Focused on AI, Decentralized Financial Infrastructure, and Climate Technologies May 19, 2026 Global Millennial Capital Ltd. (“GMCL”) today announced the final closing of its inaugural IPO Opportunities Fund at USD 100 million. Raised through a private placement with institutional and professional investors, the fund targets late-stage and special opportunities investments across mid-cap technology companies operating in high-growth sectors, including artificial intelligence, decentralized finance infrastructure, cybersecurity, digital infrastructure, [...]
Deloitte set to boost UK staff bonuses and promotions May 19, 2026 Big Four giant Deloitte’s UK staff are set to be given higher bonuses and larger salary increases over the course of the year as the firm is set to surpass its profit targets. The firm’s UK chief executive, Richard Houston, said today that bonus funds would be upped by 14 per cent, while salaries would [...]
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 [...]