Arm boss in line for billion-dollar payday if chipmaker hits targets
Posted on Sunday May 31, 2026

Proposal requires Rene Haas to steer US-listed British company to ‘exceptional growth metrics’

The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the microchip firm into the UK’s first trillion-dollar company.

Arm, which is listed in New York but retains its global headquarters in Cambridge, has proposed a pay scheme for Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800m if he can hit certain “exceptional growth metrics”.

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Wes Streeting calls for national insurance cut and North Sea drilling
Posted on Sunday May 31, 2026

Labour leadership hopeful says NI reduction for firms could ‘incentivise’ hiring, particularly of younger people

Wes Streeting has called for national insurance cuts for businesses, and for the government to drill for oil and gas in the North Sea.

The former health secretary and potential Labour leadership candidate told the Sunday Times there should be a “targeted reduction” of employers’ national insurance contribution as a way to “actively incentivise” hiring, particularly of young people.

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Disaster of Brexit is a warning against simple solutions to hard problems | Richard Partington
Posted on Sunday May 31, 2026

Alan Milburn says youth unemployment has no quick fixes – an idea with an important lesson for those thinking about how to rejoin the EU

Mainstream politicians are rarely direct. It is part of the reason why their populist counterparts thrive: they say it like it is. No nonsense. Let’s get things done. But last week Alan Milburn had a frank rebuttal: “Everybody goes for the bloody easy solution, don’t they? You can’t just go for the easy solution, OK? There are no easy solutions, guys. None. They’re all hard.”

Speaking at the launch of his review into Britain’s youth worklessness crisis, the former Labour cabinet minister was arguing that one tax U-turn could not fix a problem decades in the making.

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‘The potential is huge’: Plymouth hopes defence money will have it sailing again
Posted on Sunday May 31, 2026

Local leaders are optimistic investment and regeneration plans will help make ‘ocean city’ an appealing place to live

Plymouth may only have been rebranded as “Britain’s ocean city” in recent years, but its role as a centre of UK defence can be traced back to the 16th century thanks to its strategic location on Devon’s south coast. Sir Francis Drake set sail from Plymouth on his circumnavigation of the globe and it was here the Pilgrims finally departed England for America on board the Mayflower.

In more recent decades, a dependence on the defence sector no longer seemed an asset, as spending cuts and the loss of dockyard jobs forced the city with a proud maritime history to square up to a new foe: economic uncertainty.

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Anthropic’s alliance with pope on AI harms: all in good faith or ‘Vatican-washing?’
Posted on Saturday May 30, 2026

Experts say AI firm’s engagement with Vatican risks creating ‘feelgood’ discourse that lacks critical examination

Why did Anthropic’s founder sit beside the pope during a warning about AI?

In the first major written teaching of his papacy, Pope Leo XIV took artificial intelligence to task. The pontiff delineated the technology’s most concerning threats to humanity: replacing workers, accelerating war and exploiting the environment. At a ceremony honoring the holy teaching the day of its release at the Vatican, the pope was flanked by an unusual guest speaker: Anthropic co-founder Chris Olah, one of the people behind the AI boom so worrying Leo.

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An industry targeting Australia’s ageing population is growing, but can AI deliver more humanity in aged care?
Posted on Saturday May 30, 2026

While companion robots are being introduced and virtual experiences hope to ‘take loneliness away’, one expert agrees tech should never replace the human element

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“You’ll never get rid of humans,” Prof Wendy Moyle says, during a discussion about robots and other technology in aged care and residential homes.

Then, a beat later, she adds: “Well, I don’t think we’ll get rid of humans.”

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Manchester City thrash Brighton to seal Women’s FA Cup and historic Double
Posted on Sunday May 31, 2026

A ruthless Manchester City won the Women’s FA Cup for a fourth time and completed the Double as they eventually coasted to a 4-0 win over Brighton, as Khadija Shaw celebrated signing her new contract with a Wembley goal.

Shaw and her City teammates provided Brighton with a harsh lesson on the importance of taking your chances in a final, with Albion having looked the stronger side for large parts of the game but having lacked the clinical edge in the final third that the league champions demonstrated after riding out some pressure.

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Arsenal put Champions League anguish to one side with open-top bus parade
Posted on Sunday May 31, 2026

• Hundreds of thousands of fans line streets in London

• Gabriel pays tribute to supporters after final agony

Gabriel Magalhães admitted Arsenal’s Champions League penalty shootout defeat was “painful”, but the Gunners quickly put the disappointment to one side as fans descended on north London to attend an open-top bus parade.

Gabriel missed the crucial spot-kick against Paris Saint-Germain as the French champions retained their crown following a 1-1 draw in Budapest. Yet Arsenal still had plenty to celebrate as they embarked on a parade through their local streets to celebrate the Premier League title success they secured earlier this month.

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