Elon Musk becomes world’s first trillionaire after SpaceX mega float Wealth Elon Musk is never far from the headlines and now the Tesla and X owner is making history once again after the blockbuster float of his SpaceX company has made him the world’s first ever paper trillionaire. The 54-year-old’s net worth was estimated at 982.6bn US dollars (£733bn) before the float, according to Forbes, which has swelled [...]
US and Iran agree to peace deal’s text, negotiators say Economics The US and Iran have agreed to the wording in a peace deal for the war to end and the Strait of Hormuz to re-open, according to negotiators. Pakistani prime minister Shebaz Sharif, who has hosted peace negotiations, said there was a “final, agreed-upon text@. He also added in a post on X that “peace [...]
Thames Water, energy grid, rent prices: Burnham drums up public control agenda Politics Andy Burnham will press for an agenda of public control over water companies, the national energy grid and government procurement regulation if he becomes Prime Minister. Reports on Saturday indicated that the Manchester mayor, who is standing as Labour’s candidate in the Makerfield by-election before a likely bid to become the party’s leader, would push [...]
Trump ban on AI access to foreign users forces Anthropic to suspend models June 13, 2026 President Trump has banned non-American nationals from accessing Anthropic’s newest AI model, forcing the company to suspend the model for all users. Anthropic, which is the maker of Claude, said the US government cited national security for its banning order before it pulled Fable 5 and Mythos 5 from use. The decision has raised concern [...]
Adidas, Burberry and so much Beckham: The six best 2026 World Cup ad campaigns June 13, 2026 An unnecessarily serious review of the best ads around the 2026 World Cup, including campaigns by Adidas, Nike and Burberry, as picked by amateur footballer and professional creative Harriet Russell-Vick. Football ads in 2026 finally remembered a crucial detail: football is supposed to be fun. After years of ultra-serious slow-motion shots of rain hitting crossbars [...]
Has Fifa quietly made mandatory release clauses the future of football transfers? June 12, 2026 It was easy to miss amid the hullabaloo surrounding the start of the 2026 World Cup, but earlier this week Fifa announced the biggest changes to football’s global transfer rules for 25 years. Fifa patted itself on the back for “a major step forward”, emphasising the new regulatory framework had been “developed through a collaborative [...]
London Tech Week day five: A week that gave me confidence in the UK tech ecosystem June 12, 2026 From the office to the climate, the conversations at London Tech Week point in a clear direction: UK tech is moving from potential to deployment.
Inflation expectations at record high in interest rates signal June 12, 2026 Inflation expectations hit a record high in the second quarter of the year, which could rattle Bank of England policymakers and build the case for an interest rate hike. The Bank’s joint survey with Ipsos found that, on average, households believe inflation will rise by 3.9 per cent over the next five years. It was [...]
London Tech Week was ‘complacency in conference form’ June 12, 2026 London Tech Week has been accused of masking some of the biggest structural problems facing Britain’s tech sector and of offering “complacency in conference form”. Adam French, partner at global venture capital firm Antler, said the flagship event highlighted a widening gap between the public narrative around UK tech and the realities facing founders trying [...]
Starmer clings on as defence spending plan in disarray after resignations June 12, 2026 Sir Keir Starmer’s premiership has been dealt another major blow as defence ministers quit the government over a lack of funding for security. It was confirmed on Friday that the Defence Investment Plan had still not yet been completed after months of wrangling and delays. But on Thursday, John Healey resigned as defence secretary in [...]