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Business

  • Anthropic files for IPO as race with OpenAI heats up

    June 1, 2026

    Anthropic has confidentially filed for a US stock market listing, setting up what could become one of the biggest technology IPOs in history and intensifying its rivalry with OpenAI. The Claude maker confirmed on Monday that it had submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission, giving the company [...]

  • ‘Be more Trumpian’ – Mandelson discussed dire economy and ‘lack of verve’ with key Starmer ally

    June 1, 2026

    One of Keir Starmer’s closest allies hit out at Downing Street’s thinking on economic policy as he complained about the government’s push to tax people to pay for more benefits, the latest Mandelson files have revealed.  Pat McFadden told Peter Mandelson in May last year that meetings he attended centred on questions about hiking taxes [...]

  • Deloitte UK appoints first chief AI officer in drive for ‘AI-enabled’ services

    June 1, 2026

    Deloitte has appointed its first chief AI officer in the UK in a push to become the country’s leading professional services firm, integrating AI into both client services and internal operations.  The Big Four giant said it has selected Hayley McKelvey for the newly-created role where she will be responsible for “accelerating the firm’s progress [...]

  • Squash players turn to social media to cash in on LA Olympic Games opportunities

    June 1, 2026

    British squash players are turning to social media to create commercial opportunities as athletes look to cash in on potential revenue streams. Following on from the success of athlete content at the Milano Cortina Winter Olympics – TikTok told Morning Wire that there were 99,900 posts tagged with the official hashtag, with tournament-related searches dominating [...]

  • Sadiq Khan: London tech boom can weather ‘dizzying’ AI risks

    June 1, 2026

    Sadiq Khan has insisted London is “busy writing” the future of AI despite the “dizzying” risks posed by the technology, as fresh figures show the capital has reclaimed its position as Europe’s leading tech hub. The Mayor of London said AI presents both “impacts and opportunities”, but argued the capital was well placed to benefit [...]

  • New mixed gender trophy introduced for coming Hundred season

    June 1, 2026

    The Hundred will this season introduce a new team trophy as the franchise cricket tournament seeks to further expand its reach. The trophy, demonstrated at a kit launch at the Oval yesterday, will see men’s and women’s results combined, akin to a Formula 1 Constructors’ Championship that combines two driver performances. Fans will have the [...]

  • Labour voters lead AI adoption as public remains split on impact

    June 1, 2026

    Labour supporters are more likely to use AI tools such as ChatGPT and Claude than voters of any other major political party, new polling has found. The latest Morning Wire/Freshwater Strategy poll of UK voters found Labour backers are the heaviest users of AI assistants, while two-thirds (66 per cent) of voters overall have used [...]

  • M&S chief’s pay slashed by £3m after cyberattack turmoil

    June 1, 2026

    The boss of Marks & Spencer has seen his pay slashed by more than 40 per cent after a crippling cyberattack forced the supermarket to scrap its bonus policy across the business. Stuart Machin received £3.97m in the 12 months to April, according to the company’s annual report, down sharply from the £7m he was [...]

  • Inside Celonis, the German tech unicorn that won over a fifth of the FTSE 100

    June 1, 2026

    For a company valued at more than $13bn (£9.58bn), Celonis remains relatively unknown in Britain. Founded in Munich in 2011, the software company has become one of Europe’s most valuable private tech firms, with customers including AstraZeneca, ASOS, BMW and the UK Cabinet Office. The UK has become one of its three largest markets globally. [...]

  • Stop and think before asking for a bigger salary

    June 1, 2026

    Comparison is the thief of joy, but many of us fall for it, especially when it comes to salary. John Coleman argues why everyone needs a 'financial finish line'.

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