Labour has abandoned the missions that brought it to power. Here's how Burnham could revive them. | Mariana Mazzucato
With a new prime minister incoming, Labour faces a fundamental question about its economic vision
Read more →Regulation
Leaks, lawyers and a whistleblower: how did KPMG’s failings emerge – and could more have been done?
KPMG partners leaked client information and mishandled the whistleblower who raised the alarm, an inquiry has heard. Top global and Australian managers, three law firms and government regulators all missed the signs.
Read more →The AI bubble has further to run despite the looming crash
Every couple of decades, investors will ask themselves how long can the stock market keep climbing. Is it safe to buy more shares? Is their pension or equity portfolio vulnerable should financial markets, and especially…
Read more →Isabel Schnabel: Is inflation back?
Insight EU provides delayed access to the content table of its specialized monitoring emails. For real-time updates and full monitoring services, consider subscribing to one of the annual plans available in the Insight …
Read more →Thunderstorms disrupt Gatwick and Heathrow as hundreds of flights delayed or cancelled
Passengers report being stuck on grounded planes in sweltering conditions as severe weather causes travel disruption across Europe
Read more →The war for Burnham’s ear: politicians and wonks fight for influence over a PM
As well as being the most popular politician in the country – for now – Andy Burnham is also the most popular man at Westminster. Labour MPs, the unions, Whitehall civil servants, political advisers and thinktanks are a…
Read more →‘A sad inevitability’: after decades of climate warnings, why is Europe so unprepared for rising heat?
On Wednesday, Pierre Masselot received a text from his daughter’s nursery – less than 50 miles from the weather station that was the first this week to break the UK June temperature record – asking parents to collect ch…
Read more →Here’s what to do if your StubHub World Cup resale ticket is canceled
World Cup StubHub ticket mess shows how weak consumer protections are in the US, but there are steps fans can take
Read more →‘Basically you’re trapped’: UK postgraduates burdened with double loan debt
Whether to pursue a master’s degree was not really a choice for Francesca Peters. Fresh from an undergraduate degree in biochemistry in 2020, she had set her sights on securing her dream job. There was a catch, however.…
Read more →Parents booking air-conditioned hotels to keep babies safe in UK heatwave
Hotels report increase in last-minute bookings, including from families attempting to escape hot homes
Read more →Two tickets for Wimbledon Centre Court? That’ll be £586,000 please
A pair of debenture tickets changed hands this week for a sum far beyond the means of ordinary tennis fans
Read more →Social media bans go global: big tech faces a reckoning after Australia’s crackdown
When Australia launched its ban on social media for children under the age of 16 in December, its global impact remained to be seen. The world watched with keen interest as the country adopted the most far-reaching ban …
Read more →Now we know how much tax King Charles pays, and it is very little
The monarch’s declaration does not tell us much, except that his bill is lower than for people with much smaller fortunes
Read more →Andy Burnham says he will give 15% of his MP’s pay to local causes
Andy Burnham has said he will be donating 15% of his MP’s salary to local causes in his constituency of Makerfield.
Read more →The Guardian view on royal tax secrecy: it survives King Charles’s latest disclosure | Editorial
The monarch says how much he pays the Treasury but did not reveal the wealth behind it. Britain still lacks proper scrutiny of royal cash
Read more →The king, his millions, and the first public royal tax bill – The Latest
King Charles has become the first monarch in modern times to reveal how much tax he pays on his private income: £24.6m over the last two years.
Read more →How content creators are bringing fans an added dimension to this World Cup
For decades, the World Cup belonged to broadcasters. Fans gathered around the television, watched the game live or caught the highlights later that evening. In the UK, BBC and ITV acted as gatekeepers, deciding which st…
Read more →SEC, CFTC Seek Public Comment on the Harmonization of Portfolio Margining Frameworks
From the Derivatives Practice Group: This week, ESMA published a report relating to transaction reporting simplification, while ISDA published a joint association letter for enhancing the EU’s legislative and supervisor…
Read more →‘Make people dream’: how to build an economy for the common good
Good governments have a vision. They know what they want to achieve, can articulate why, and work out in public how to get there. They don’t just spout slogans about economic growth – because growth is meaningless unles…
Read more →Rotisserie chickens in the trash: I worked in a supermarket and saw shocking food waste every day | Ann Larson
To most grocery shoppers, rotisserie chickens look like a mouth-watering and easy option for dinner. But whenever I pass by the rotisserie case in a supermarket, I see chicken carcasses piled up in the trash, their once…
Read more →At last, an economic policy we can all get behind – doubling the royal family’s funding | Marina Hyde
Finally, some part of our struggling state is getting a massive budget increase – and it’s not even the welfare bill, like normal. Or maybe it is? The monarchy’s core funding is going to double to £100m. Also mentioned …
Read more →Revolut pushes new recruits into office in shift from ‘remote-first’ policy
Revolut will haul hundreds of graduates and interns into the office next year, as the digital bank moves away from its “remote-first” policy that has long been used to lure new recruits.
Read more →FCA consults on targeted changes to listing rules for closed-ended investment funds
The FCA has published a consultation paper on proposed changes to its UK Listing Rules for closed‑ended investment funds, focused on the management of conflicts of interest.
Read more →Great Britain’s grid operator warns again over power supplies in heatwave
Neso asks generators to provide extra electricity on Friday evening to meet demand from fans and air conditioning
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