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Why is government spending £1.3bn on Universal UK?
Why is government spending £1.3bn on Universal UK?9 hours agoShareSaveAdd as preferred on GoogleNicola Haseler,in Stewartby,Andrew Sinclair,at Downing StreetandDanny FullbrookPA MediaUniversal Destinations and Experiences chairman and chief executive, Mark Woodbury, met Rachel Reeves in Downing StreetThe government has promised an investment worth £1.3bn in infrastructure to support the planned Universal United Kingdom Resort.Chancellor Rachel Reeves explained the development would create 28,000...
Global flight of the wealthy slows sharply as political and tax worries ease
UK had deep drop in rich people shifting jurisdiction after non-dom abolition played out
Trump’s empire of debt
This century the US has embarked on wars of choice and borrowed more to pay for them. That might not end well
Trump’s pledge to unleash a ‘golden age’ of US manufacturing sputters
Spending on new factories has fallen while industry executives point to uneven recovery
City AM Football Power List 2026: Who really runs the world’s most popular sport?
The City AM Football Power List seeks to answer a simple question: ahead of the 2026 World Cup, who really runs the planet’s favourite sport? To answer it, we assembled a panel of experts from across the sports industry and picked their brains for nominations and, ultimately, a top 25. You can read more about the voting process here, or just dive into the rankings below. 25. Dawn Airey The media grandee is the chair of the Women’s Super League and Championship board and edged out CEO Nik...
I regret buying a shared ownership home – we can only own 80% and will struggle to sell
When Cherida Plumb bought her first shared-ownership home, she was grateful for the scheme as it allowed her to get on the property ladder. However, she deeply regrets buying her second one, which she lives in with her partner Adam Carter, as it has restrictions which means they can only ever own 80 per cent of the property. She fears they will encounter difficulties when they come to sell it. “Our house is in a village in a designated protected area,” said Cherida. “This means it has an 80 pe...
City AM Football Power List explained: What it is, who judges it and how ranking works
Football has never been bigger or more prevalent, so as a thrilling club season flows into the biggest and most commercial men’s World Cup ever, it feels like an ideal time to try to answer the question: who are the most powerful people in the sport? That was the task we at City AM set ourselves earlier this year when we conceived the Football Power List. Now, after much deliberation with our panel of expert judges, we are very proud to present the first edition of what we hope will become a...
$5 billion-plus company GitLab cuts hundreds of jobs, exits 22 countries; CEO blames it on AI
GitLab is laying off 14% of its workforce and exiting 22 countries as part of a restructuring to focus on the "agentic era" of software development. CEO Bill Staples stated that savings will be reinvested into AI products, particularly the Duo Agent Platform, to position GitLab as the enterprise platform for AI-driven software creation.
Tax cuts, easier bond rules on the cards: How India plans to attract more foreign investment
In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors' holdings in government securities. The move will be part of efforts to attract greater overseas investment.
Budget delay
THE government has postponed the announcement of the FY27 budget without offering any explanation for the decision. In the absence of an official announcement, speculation has been rife in the media about the reasons behind the delay. The most plausible explanation appears to be unresolved issues with the IMF, particularly with regard to fiscal space for relief and the transfer of some provincial resources to support federal spending. According to unnamed official...
Slumping Chinese oil imports ‘shield’ global market from higher prices
Traders and analysts say near-decade-low shipments are a major factor in why crude still trades at less than $100 a barrel
UP Man Kills Family Over Property, Gets Killed By Friend Who Helped In Crime
Man kills parents and sister over property dispute before being killed by accomplice.
India set for $2bn drone order in biggest buy
NEW DELHI: India is likely to order more than $2 billion worth of military drones from domestic firms this year in its biggest such purchase, an industry body working with the government said, as global and regional conflicts boost demand. The plans are in advanced stages with deliveries expected over 18 to 24 months, for a jump in value from recent government orders worth 30 billion rupees ($313 million) for tactical-class drones, said Smit Shah, president of the body. “In the next phase, tacti...
‘Provinces asked to help fill massive gap in budget’
• KP finance czar says federal govt facing Rs1.7tr ‘fiscal hole’• Muzammil Aslam claims Centre in a tight spot due to coalition partners’ needs, IMF ‘over-commitments’ ISLAMABAD: The federal government is having problems formulating the budget, owing to an around Rs1.7 trillion fiscal hole and wants the provinces, particularly Punjab and Sindh, to shoulder a greater financial burden, Khyber Pakhtunkhwa’s finance czar claimed on Wednesday. Speaking at a news conference, KP Adviser on Finance M...
Aldi, Morrisons and Lidl adopt new £13 rule affecting thousands of people
Aldi, Morrisons and Lidl adopt new £13 rule affecting thousands of peopleThe new rule adopted across major UK supermarkets sees staff get paid according to the Real Living Wage Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Olivia Beeson 03:36, Thu, Jun 4, 2026 Updated: 03:40, Thu, Jun 4, 2026 Aldi are one of the major UK supermarkets adopting the new rule (Image: Getty)Aldi, Morrisons and Lidl are among...
BUDGET 2026-27: Analysis: Can remittance fairy-tale weather Mideast storm?
THIS graph shows personal remittances as a percentage of Pakistan’s GDP since the late 1970s.—Source: World Bank, SBP data • Ex-finance minister Hafeez Pasha says foreign inflows could encourage disproportionate investment in real-estate• 1970s oil imbroglio marked the beginning of labour emigration to Gulf, while current crisis could spell its end• PIDE sees around a million workers’ livelihoods being affected if conflict prolongs ONLINE listings for properties in Punjab...
UK shoe chain ‘plotting string of store closures’ - 100 jobs at risk
UK shoe chain ‘plotting string of store closures’ - 100 jobs at riskThe chain, known for their children's school shoes range, are mainly found in the north of England Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Tannur Anders 03:27, Thu, Jun 4, 2026 Updated: 03:35, Thu, Jun 4, 2026 Shoe display at a store (Image: Getty)Footwear chain Wynsors World of Shoes is in the process of restructuring which could...
Lawyers can’t be suspended for arguing cases during strike: FCC
• Criticises practice of frequent strike calls; terms them ‘illegal’ and violative of litigants’ rights• Dismisses Peshawar bar appeal; holds that everyone has right to counsel of choice ISLAMABAD: In a landmark judgement on an appeal filed by the Peshawar High Court Bar Association, the Federal Constitutional Court (FCC) on Wednesday ruled that bar associations and bar councils cannot suspend a lawyer’s licence solely for representing a client or appearing in court during a strike. Authored by...
من مغسل صحون إلى ملياردير: قصة نجاح جنسن هوانغ ورحلته مع NVIDIA التي تقدر بـ 100 مليار دولار!
تجسد قصة جنسن هوانغ، مؤسس NVIDIA، حلم الابتكار والتفوق في عالم التكنولوجيا، فقد بدأ من الصفر وبلغ قمة النجاح. دعونا نغوص في تفاصيل رحلته المذهلة التي جعلته يحقق ثروة تقدر بحوالي 100 مليار دولار.
From Dishwasher to Billionaire: The Incredible Journey of Jensen Huang and NVIDIA's $100 Billion Empire
Jensen Huang's journey from humble beginnings to leading one of the most valuable tech companies in the world is nothing short of remarkable. Discover how a dishwasher turned visionary built NVIDIA into a $100 billion powerhouse that revolutionized the tech industry.