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Bedtime blues: London ‘killing off nightlife’ as UK city with strictest licensing rules

The Guardian 52 minutes ago

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UK borrows more than expected as impact of Iran war takes toll

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leaderThe UK borrowed a higher-than-expected £23.3bn in May amid the economic fallout from the Iran war, underlining the fiscal pressures facing Andy Burnham if he takes over as the Labour leader.In figures released shortly after Burnham’s victory in the Makerfield byelection, the Office for National Statistics (ONS) said public sector net borrowing – the difference between government spending and income – for the month was the second highest for any May on record. Continue reading...

The Guardian 1 day ago

MPs urge Fujitsu to make ‘immediate’ payment to Post Office Horizon victims

Liam Byrne, who chairs Commons business committee, says too many operators are still waiting for redressThe Japanese tech company at the centre of the Post Office IT scandal is facing calls from a parliamentary committee to make an “immediate” payment towards the compensation bill for victims.Fujitsu supplied the faulty Horizon software to the UK Post Office, which led to branch operators being wrongly prosecuted over discrepancies in their business accounts. Continue reading...

The Guardian 1 day ago

Telegram questioned by Ofcom after arsonist who targeted Starmer-linked properties recruited on app

Exclusive: Telegram urged to clarify how it detects illegal incitement after attacks were coordinated using appTelegram is facing questions from Ofcom over how it detects and prevents illegal incitement after a Ukrainian man was found guilty of carrying out arson attacks on a car and property associated with Keir Starmer.A spokesperson for the regulator said it had contacted the messaging app “to seek further clarification” because the arsonist had been directed on Telegram by a handler linked to Russia. Continue reading...

The Guardian 1 day ago

Think like a billionaire part one – podcast

Glamorous, rich and well-connected, Julie Meyer was a darling of the dotcom boom. But people who worked with the entrepreneur complain about unpaid wages, debts to suppliers and missing money. Journalist Olivia Lee and the Guardian’s investigations team unravel the complicated storyJournalist Olivia Lee was in Fabric nightclub in London when she heard a story that intrigued her: a tech founder told her a tale of woe about a luxury networking event he had been to. He told Lee there were supposed to be yacht trips and gala dinners. But nothing had gone as planned. “He claimed that there were these really chaotic scenes of taxi drivers supposedly working for the organiser going on strike because they hadn’t been paid. People chucked out of hotel rooms because the organiser appeared to have not paid the hotel bill.”The woman he said was behind the event was Julie Meyer. An entrepreneur who had been the queen of the 00s dotcom scene in London and was later awarded an MBE. Lee, along with Juliette Garside from the Guardian’s investigations team, began looking into Meyer. Lee tells Helen Pidd what she learned about the tech entrepreneur and the accusations made against her. Continue reading...

The Guardian 1 day ago

Business Daily

Which jobs could be most resistant to the rise of AI?

Bbc.co.uk 1 day ago

Another FTSE 100 firm falls to private equity. Where are the new listings? | Nils Pratley

You can’t complain Intertek’s £10bn takeover happened – the problem is the lack of arrivals in the other direction It would be a stretch to describe the £10bn-ish takeover of Intertek as a landmark event for the London stock market or the FTSE 100 index.This is not an Arm Holdings moment – the purchase of that Cambridge chip designer by Japan’s SoftBank in 2016 provoked long (and continuing) agonising over the lack of whizzy tech stocks on the London market. Continue reading...

The Guardian 1 day ago

The Guardian view on OnlyFans: revelations of abusive middlemen merit MPs’ attention | Editorial

Reports of agents taking 50% of women’s earnings undermine the company’s rhetoric of empowerment Since its launch a decade ago, and throughout its journey to becoming one of the UK’s most successful internet startups, OnlyFans – which was valued at more than £3bn in April – has presented itself as a vehicle for content creators’ empowerment. Revelations of the role played by middlemen in transactions on the website, which is dominated by pornographic content, undermine such claims and require a response from parliament.A Guardian investigation and a BBC documentary uncovered details of male-run agencies that seek out young women, persuade them to film sexual material, and take 50% of their earnings (all OnlyFans creators also pay a 20% commission to the website). The reporters heard from women who faced pressure to make their content more explicit, and about online networks where managers sell contracts with performers to each other. The BBC interviewed a woman in Wales who was physically attacked in her home.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...

The Guardian 1 day ago

The billionaire hidden behind the curtain inside Trump’s Pentagon

Media-shy financier Stephen Feinberg has quietly amassed extraordinary influence over US military spendingThe only available video over the last 15 months of the official who really wields power in Donald Trump’s Pentagon is a cartoon animation. Released in May on X by the US government, it shows a silver haired figure in a grey suit lighting up a cigar and sitting at a massive wooden desk with a nameplate: DEPSECWAR FEINBERG.Stephen Feinberg, the 66-year-old billionaire founder of the private equity giant Cerberus Capital Management, has served as the deputy secretary of defense since March 2025. His boss, the defense secretary, Pete Hegseth, makes frequent appearances working out with troops or insulting reporters at press conferences, and posts often on social media. But Feinberg does not show his face. He has been obsessively media shy for decades, and is so reclusive that since his confirmation hearing he has not testified to a single committee on Capitol Hill, has held no press conferences and given no interviews. His press spokesperson left the government months into his tenure and has not been replaced. Continue reading...

The Guardian 1 day ago

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