Starmer refuses to commit 3 per cent defence spending despite ‘battle-ready’ claim June 2, 2025 Keir Starmer has been criticised for failing to commit to increasing defence spending to 3 per cent of GDP. The Prime Minister vowed to put in place the “largest sustained increase in defence spending since the Cold War,” with a 2.5 per cent share of GDP going to defence. However, the PM maintained that hitting [...]
Lazard relocates UK headquarters after 20 years June 2, 2025 Financial services firm Lazard has opened a new UK headquarters in Marylebone as it looks to extend its presence in London. The new, larger site at 20 Manchester Square will become one of its three major global offices alongside New York and Paris. CEO Jeremy Taylor said the site was “more than just a new [...]
AI funding: Dawn Capital backs ex-Google team’s customer service startup June 2, 2025 Danish startup deepdots, founded by former Google engineers, has raised a €5.5m seed round led by Dawn Capital, as companies across industries accelerate investment in artificial intelligence (AI) tools to overhaul customer service operations. The company, which builds AI models to automate the collection and analysis of customer feedback, claims to enable enterprise clients to [...]
Exclusive: Hotels struggle with double whammy of staff costs and pressure on room rates June 2, 2025 Hotels struggled with falling profit in April after margins were squeezed by higher staff hosts and price pressure on rooms. UK hotel payroll costs increased from 31.6 per cent of revenue to 33.3 per cent in April year-on-year, and from 29.5 per cent to 31.4 per cent in London, according to RSM. A slight reduction [...]
Repeat after me: Working from home is NOT an ideology June 2, 2025 When work from home becomes a question of culture, not practicality, we have completely lost the point, writes Eliot Wilson.
Migrant daily arrivals top 1,000 for first time this year June 1, 2025 More than 1,100 migrants arrived in the UK after crossing the English Channel on Saturday, the highest number recorded on a single day so far this year. The latest Home Office figures show that 1,194 migrants arrived in 18 boats, bringing the provisional annual total so far to 14,811. This is 42 per cent higher [...]
US court won’t lift judge’s block on Trump’s government overhaul May 31, 2025 A US appeals court on Friday refused to allow President Donald Trump’s administration to carry out mass layoffs of federal workers and a restructuring of agencies, leaving a lower court order in place that blocked the sweeping government overhaul. The decision by the San Francisco-based US Circuit Court of Appeals means that, for now, the Trump administration [...]
Hegseth: US will stand by allies against ‘imminent’ China threat May 31, 2025 US defence secretary Pete Hegseth reassured allies in the Indo-Pacific on Saturday that they will not be left alone to face increasing military and economic pressure from China, while insisting that they also contribute more to their own defence. He said Washington will bolster its defences overseas to counter what the Pentagon sees as rapidly [...]
Reddit co-founder Ohanian’s Athlos gets Sha’Carri and Thomas investment May 30, 2025 Reddit co-founder Alixis Ohanian’s Athlos athletics events has gained investment from US Olympians Sha’Carri Richardson and Gabby Thomas. The pair are joined by Tara Davis-Woodhall, with the trio set to be advisors and owners in the track and field competition. Athlos was launched to keep US track and field stars in the news after the [...]
Gatwick: Boss of worst airport for flight delays promoted May 30, 2025 London Gatwick Airport has named a new top boss after its long-serving chief executive was promoted to a newly created position. Stewart Wingate has served as the airport’s CEO for the last 15 years but has now been named as managing director, UK airports, for Vinci Airports and Global Infrastructure Partners. Vinci Airports owns a [...]