Starmer's Tilt Left to Appease Labour Rebels Exposes Tensions
Keir Starmer has spent most of his time as prime minister warning about Britain's dire finances and pushing divisive spending cuts. Nearing the first anniversary of Labour's big victory, the prime minister appears to be pivoting to loosen his grip on the public purse.
With his Labour Party plummeting in the polls and its lawmakers increasingly restive in the face of a surge by the populist right, Starmer's government is poised to unwind some of its early decisions. It will instead shift the emphasis to potentially growth-boosting increases in expenditure.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
13 minutes ago
- Forbes
Samsung Makes New Free Offer To Galaxy S25 Edge Buyers
Samsung's new Galaxy S25 Edge is the slimmest ever Galaxy phone. One month after its launch and just weeks after the last serious Galaxy S25 discount, the Galaxy S25 Edge has already been included in its first major promotion. Samsung U.K. is running a familiar deal that gives away a free Galaxy Tab A9 Plus, worth £359 ($485), with all Galaxy S25 Edge purchases. This is alongside up to £468 trade-in value (more on this later), 2TB of cloud storage for six months, three months of Samsung Care Plus and 30% off select accessories. The trade-in values, free subscriptions and discounted accessories are commonly used makeweights in Samsung promotions. The headline deal here is the free tablet bundled with the phone. The Korean company has a habit of throwing in an expensive freebie with smartphones. The Galaxy Tab A9 Plus appears to be the most popular, but I have seen Samsung bundle a free Chromebook, free earbuds, a free Galaxy watch and even the Galaxy S25 itself given away for free. Readers of my deals stories will know that the sacrifice for these freebies is historically poor trade-in valuations compared to U.S. pricing. But, in an unexpected move, that appears to have suddenly changed. Samsung U.K. is now offering equivalent prices for used devices compared to Samsung U.S.—even beating American valuations in some cases. For example, U.K. shoppers will get £341 ($461.41) for their Galaxy S22 Ultra compared to the U.S. store's $500 price. Things get better with the S23 Ultra, which is priced at £449 ($607.54), beating the U.S. shop's $580 valuation. I don't know what inspired Samsung to u-turn on U.K. and European trade-in pricing, but there may be a clue in the Galaxy S25 Edge's early sales information. Samsung's new ultra slim Galaxy S25 Edge. According to its industry sources, SamMobile claim's that Samsung's early Galaxy S25 Edge sales are below expectations. The site also theorizes that the company's lack of sales data in Korea and pre-order deals—that improved as the days went on—are signs that the device hasn't sold well. This wouldn't surprise me because it is an entirely new device that doesn't have the history of the main flagship line behind it to inspire confidence in consumers. I'm also not entirely convinced the Edge will be around for the long run. A Samsung representative I spoke with explained that the company had to redesign essential components to fit into the Edge's smaller chassis. I suspect these new design methods will be repurposed into other flagship devices, like the upcoming Galaxy Z Fold 7. Samsung has done this before with the original Galaxy Note Edge phone back in 2014, which disappeared after one launch, with the curved screen technology being subsumed into the main Galaxy S line. The combination of the Edge potentially not selling widely, the newly enhanced trade-in prices, and the possibility that it is a one-and-done device, alongside this early freebie promotion, could mean more aggressive discounts on the horizon. Stay up to date on Samsung Galaxy S25 Edge deal analysis by hitting the follow button below.
Bloomberg
17 minutes ago
- Bloomberg
Swen Capital Raises €160 Million in Ocean Fund's First Close
Swen Capital Partners has raised €160 million ($182 million) at the first close of its impact venture fund focused on the regeneration of ocean biodiversity. The commitments at the first close for Swen Blue Ocean 2 Fund account for 53% of its target of raising €300 million, according to a statement reviewed by Bloomberg News. If the fund meets the target, it will be almost twice of its predecessor fund that raised €170 million in 2023.
Associated Press
18 minutes ago
- Associated Press
Tulip Real Estate Acquires Premier London Hilton Property in £30 Million Deal from Lone Star
Image Description: Sidd Mahajan is the founder and managing director of Tulip Real Estate LONDON, June 07, 2025 (GLOBE NEWSWIRE) -- In a landmark move that solidifies its presence in the UK's luxury hotel market, Tulip Real Estate, led by founder and managing director Sidd Mahajan, has acquired the prestigious 5-star Hilton London Syon Park for approximately £30 million. Image Description: Hilton London, Syon Park Hilton London Syon Park: A Jewel in West London Located within the historic 200-acre Syon Park Estate near Brentford, the Hilton London Syon Park is a standout destination in West London's high-end hospitality scene. Overlooking Syon House, the Duke of Northumberland's historic residence, and bordering Richmond Park, this 137-room luxury spa hotel offers a serene yet accessible escape for affluent travelers and is a top choice for high-end Indian destination weddings. Initially opened as a Waldorf Astoria during the 2012 London Olympics, the hotel was repositioned as a deluxe Hilton in 2019. Its long-standing reputation for elegance and service made it a prime acquisition target. Strategic Transaction with Lone Star The property was acquired from American investment fund Lone Star, which had taken control of the asset as part of a four-property portfolio earlier this year. Asset management during the transitional phase was handled by Hudson, with Tulip stepping in as the new owner. This £30 million transaction is a significant milestone for Tulip Real Estate, highlighting its expanding ambitions in premium real estate investments. Tulip's Growing Heritage Portfolio and Refurbishment Legacy Beyond modern luxury assets, Tulip Real Estate has also demonstrated a strong commitment to preserving and revitalizing the UK's historic properties. The group owns and operates several landmark heritage hotels, including: A Powerful Partnership Structure This acquisition also represents Tulip's first major hotel partnership in the UK, executed via a joint venture with a leading operator that currently manages six luxury hotels across the country. Operational management of Hilton London Syon Park will be handled by Countrywide Hotels, bringing in their specialized experience in high-end hospitality operations. Strategic Significance For Sidd Mahajan and Tulip Real Estate, the Hilton Syon Park acquisition is a defining step forward: Tulip Real Estate continues to strengthen its footprint across the UK, blending modern hospitality investment with a deep respect for British heritage. With its mix of revitalized historic properties and newly acquired luxury assets, Tulip is positioning itself as an emerging force in the UK's premium hospitality sector. Sidd Mahajan is the founder and managing director of Tulip Real Estate, a leading property consultancy specializing in UK residential and commercial real estate investments. Company name: Tulip Real Estate Email: [email protected] Website: City: London Country: UK Contact Person Name: Nikita Shah Disclaimer:This is a paid post and is provided byTulip Real Estate. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or business advice. All investments carry inherent risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any inaccuracies, misrepresentations, or financial losses resulting from the use or reliance on the information in this press release. Speculate only with funds you can afford to lose. In the event of any legal claims or concerns regarding this article, we accept no liability or responsibility. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without warranties or representations of any kind, express or implied. We assume no responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained herein. Any complaints, copyright issues, or inquiries regarding this article should be directed to the content provider listed above. Photos accompanying this announcement are available at:
