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Business

  • Fifa may come under pressure over World Cup ticket resale strategy

    May 13, 2026

    Fifa may come under pressure to drop its lucrative World Cup ticket resale strategy following law changes in Canada, experts have warned. The Canadian province of Ontario – with a capital in Toronto that will host matches – passed laws in its recent budget banning the resale of tickets for above their initial value, resulting [...]

  • AI’s biggest problem is that it is trained to ‘please you’, warns tech chief

    May 13, 2026

    The biggest risk facing AI may be that it becomes too good at telling users what they want to hear. Anthony Goonetilleke, chief tech officer at software firm Amdocs, told Morning Wire businesses rushing to deploy AI are vastly underestimating a more subtle and potentially more dangerous problem emerging inside LLMs. “There’s another bucket I [...]

  • Starmer leadership under threat ahead of awkward King’s Speech

    May 13, 2026

    Sir Keir Starmer’s premiership hung by a thread last night as he refused to leave Downing Street despite multiple ministerial resignations and a growing number of backbenchers calling for his removal. In a chaotic day of political warfare and Labour infighting, Starmer resisted being dragged out of Number 10 as he challenged Cabinet ministers and [...]

  • AI in banks? It’s all marketing and FOMO

    May 13, 2026

    As banks are rush to beef up their AI capacity Samuel Norman recounts the sentiment shared across the industry at a conference in Copenhagen last week. Like all sectors, banks are chasing the promises of AI. The industry is shrugging off growing fears around job losses and rushing to beef up their AI credentials. Last [...]

  • Ask the expert: Is £500k enough to retire?

    May 13, 2026

    Fidelity personal finance specialist Marianna Hunt is back to help a reader who wants to know if they have enough in their portfolio to not only retire but to live the lifestyle they want. Q. I’m 55 and have built up a portfolio worth around £500,000 – split across pensions and ISAs. I’ve also paid [...]

  • As it happened: Ministers resign as gilt yields at 28-year high

    May 12, 2026

    The Westminster political drama rocked the bond markets with gilt yields surging to a 28-year high. The yield on 30-year gilts surged 13 basis points on Tuesday to hit 5.8 per cent. It comes as nearly 80 Labour MPs have now called for the resignation of the Prime Minister and reports suggest numerous members of [...]

  • Google to teach small publishers how to use AI amid copyright row

    May 12, 2026

    Google has launched an AI training programme for small publishers to teach them how to benefit from AI, as the technology continues to reshape how audiences access news.  The announcement follows a similar scheme launched by the Mag Seven firm last year, which had targetted bigger players in the industry, with names like Tindle Newspapers [...]

  • Labour MP: Bond markets ‘will have to fall into line’ with Burnham agenda

    May 12, 2026

    Bond markets will have to fall in line with an Andy Burnham premiership even if the Manchester mayor pursues a considerably more left-leaning economic platform, a Labour MP has claimed. Paula Barker, the Labour member for Liverpool Wavertree, hailed Burnham as a “fantastic politician” who is the only person likely to beat Keir Starmer in [...]

  • LIV Golf players knew the risks of rebel tour, Rory McIlroy says

    May 12, 2026

    Rory McIlroy says LIV Golf players knew the risks they were taking when they jumped ship to the rebel league, as uncertainty clouds the tour’s future. LIV’s backer, Saudi Arabia’s Public Investment Fund, this month confirmed that it will withhold further funding following the end of the season. The move has come as part of [...]

  • ExpressVPN talk Spurs sponsor deal, Brooklyn Nets and esports

    May 12, 2026

    Tottenham Hotspur are facing the loss of a key sponsor next season, with ExpressVPN possibly “taking a break from the Premier League” as their two-year deal with the relegation-threatened club comes to an end. The deal, signed in 2024, concludes this month with Spurs hovering just above the relegation zone. The north London club or [...]

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