Latest news with #ex-UK
News18
03-06-2025
- Entertainment
- News18
'Married Into Bangalore Family': Rishi Sunak Backs RCB Ahead Of IPL Final Clash
Last Updated: Besides star batter Virat Kohli, Rishi Sunak pinned his hopes on team's English players too. As Indian Premier League (IPL) fever gripped cricket fans, former Prime Minister of the United Kingdom Rishi Sunak has publicly backed Royal Challengers Bengaluru (RCB) ahead of the final battle. RCB will clash with Punjab Kings in IPL 2025 final. Citing his personal connections with Bengaluru city, Sunak revealed his fandom during his India visit. The ex-UK PM explained that his links with RCB began through family. 'I'm married into a Bangalore family, so RCB is my team," TOI quoted him as saying. The report mentioned Sunak had got a RCB jersey as a wedding gift from his in-laws and has been a RCB fan ever since. 'We used to go to matches a long time ago. Even when I was in office, I'd cheer for RCB at Downing Street," TOI quoted him as saying. 'Absolute Legend': Rishi Sunak Praises Virat Kohli As Sunak expressed his strong desire for RCB's victory, he also heaped praises at squad's star batter Viral Kohli by calling him 'an absolute legend". Further, he showed a bat signed by Kohli which he received as a gift from External Affairs Minister S. Jaishankar while he was still at Downing street office, the TOI report claimed. Besides Kohli, he pinned his hopes on team's English players too. He hoped Phil Salt, Liam Livingstone to contribute well in pushing the team towards the winning trophy. Sunak also praised the IPL for its far-reaching impact on global cricket, saying it has brought a revolution in the sport. 'The IPL has revolutionized the game. Today, every professional cricketer wants to be part of it," TOI quoted Sunak as saying. RCB was the first team to claim a spot in the IPL 2025 final. They concluded the league stage in second place with 19 points from 14 matches and went on to beat Punjab Kings by eight wickets in Qualifier 1 to secure their place in the title clash. First Published: June 03, 2025, 18:13 IST
Scotsman
03-06-2025
- Business
- Scotsman
Thames Water takeover M&S boss pay rise business video
From calls to overhaul the water industry and Thames Water's failed investor talks, to Greg Hands' new role at Royal Mail and a £7.1m payday for the M&S boss - here are today's top UK business stories. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Today's bulletin focuses partly on the water sector - because there are several big stories. Firstly - England and Wales' water industry needs a 'fundamental reset', according to a new report. The Independent Water Commission says failures across the industry are 'deep-rooted and systemic'. It's calling for a tougher, more hands-on approach from regulator Ofwat. Thames Water deal collapses and ex-UK trade minister Greg Hands joins Royal Mail: More Business in Brief Meanwhile, Thames Water says talks with investor KKR have collapsed, dealing a blow to its rescue plans. KKR had been the preferred partner in efforts to recapitalise the troubled utility. But it's now pulled out, meaning Thames Water will shift focus to a plan backed by senior creditors. Chairman Sir Adrian Montague says the company remains committed to finding a sustainable solution. The owner of South West Water has also said today rising bills will help fund £3.2 billion in upgrades. | Getty Images The owner of South West Water has also said today rising bills will help fund £3.2 billion in upgrades. Pennon Group posted a £72.7 million loss this year - much deeper than last year's £9.1 million. It blames record investment and efforts to cut customer water use. Average bills jumped 28 per cent in April, helping to cover a third of its long-term plans. In other news, Irish hotel group Dalata has received a potential €1.3 billion cash offer. The early-stage proposal comes from hotel property company Pandox and real estate specialist Eiendomsspar. They're offering €6.05 a share - a 27 per cent premium on Dalata's March price. Talks are under way, but there's no guarantee a formal bid will follow. Former UK trade minister Greg Hands has joined Royal Mail's new owner as a strategic adviser. The ex-Conservative MP will work full-time for Czech billionaire Daniel Kretinsky's EP Group. He'll focus on the UK and Germany as the company takes full control of Royal Mail. Finally - Marks & Spencer boss Stuart Machin has seen his pay rise to £7.1 million. The jump comes as he steers the retailer through a major cyber attack. His package includes £4.6 million in long-term bonuses he can't touch for two years. A strong year also earned him a £1.6 million performance bonus.
Scotsman
03-06-2025
- Business
- Scotsman
Thames Water takeover M&S boss pay rise business video
From calls to overhaul the water industry and Thames Water's failed investor talks, to Greg Hands' new role at Royal Mail and a £7.1m payday for the M&S boss - here are today's top UK business stories. Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Today's bulletin focuses partly on the water sector - because there are several big stories. Firstly - England and Wales' water industry needs a 'fundamental reset', according to a new report. The Independent Water Commission says failures across the industry are 'deep-rooted and systemic'. It's calling for a tougher, more hands-on approach from regulator Ofwat. Thames Water deal collapses and ex-UK trade minister Greg Hands joins Royal Mail: More Business in Brief Meanwhile, Thames Water says talks with investor KKR have collapsed, dealing a blow to its rescue plans. KKR had been the preferred partner in efforts to recapitalise the troubled utility. But it's now pulled out, meaning Thames Water will shift focus to a plan backed by senior creditors. Chairman Sir Adrian Montague says the company remains committed to finding a sustainable solution. The owner of South West Water has also said today rising bills will help fund £3.2 billion in upgrades. | Getty Images The owner of South West Water has also said today rising bills will help fund £3.2 billion in upgrades. Pennon Group posted a £72.7 million loss this year - much deeper than last year's £9.1 million. It blames record investment and efforts to cut customer water use. Average bills jumped 28 per cent in April, helping to cover a third of its long-term plans. In other news, Irish hotel group Dalata has received a potential €1.3 billion cash offer. The early-stage proposal comes from hotel property company Pandox and real estate specialist Eiendomsspar. They're offering €6.05 a share - a 27 per cent premium on Dalata's March price. Talks are under way, but there's no guarantee a formal bid will follow. Former UK trade minister Greg Hands has joined Royal Mail's new owner as a strategic adviser. The ex-Conservative MP will work full-time for Czech billionaire Daniel Kretinsky's EP Group. He'll focus on the UK and Germany as the company takes full control of Royal Mail.
Yahoo
21-05-2025
- Business
- Yahoo
SK Networks President Sunghwan Choi encounters former UK Prime Minister
Held a breakfast meeting with ex-UK Prime Minister Rishi Sunak during his visit to South Korea and discussed exchanges and AI cooperation between both nations. Anticipations that strengthening collaboration with important global figures and entities will enhance the corporate value of SK Networks. SEOUL, South Korea, May 21, 2025 /PRNewswire/ -- SK Networks, aiming to evolve into an "AI-focused business holding company", is intensifying its initiatives to enhance collaboration and expand its operations through a global network. In this context, Sunghwan Choi, President & COO of SK Networks, who has been steering the tech-focused AI operations of the headquarters and its subsidiaries, reportedly met with former UK Prime Minister Sunak to explore methods for improving exchanges and corporate collaboration between the two nations. As stated by company representatives, this Tuesday at The Shilla Seoul, President Choi and former Prime Minister Sunak held a breakfast meeting to exchange global trends and discuss AI and other technological collaborations between nations and corporations. SK Networks founded Hico Capital (now SK Networks Americas) in Silicon Valley, USA, in 2020. The company has been concentrating on global investments in and partnerships with technology firms centered around Hicosystem, the human network associated with future expansion sectors. The opportunity for an unexpected in-person meeting between Rishi Sunak, who visited South Korea for an international conference, and Sunghwan Choi is believed to stem from this network. During this meeting, the pair shared perspectives on the current state of the global economy. They also discussed approaches to enhance relations between the two countries from the viewpoints of a politician and a business leader, as well as the possibilities and examples of AI collaboration at both national and corporate levels. In this context, President Choi presented innovative AI-based cases and global strategies from SK Group and SK Networks, expressing optimism that, in line with current trends, the company's AI endeavors would grow in the UK and across Europe, aiding the advancement of human civilization. The industry has high expectations for the future potential of SK Networks, which is evolving into an AI company. In particular, NAMUHx held a showcase last month and received a favorable response from participants for its groundbreaking air purification and vital sign monitoring capabilities powered by AI. The brand intends to expand into the international market, including the US and Malaysia, following its official launch in Korea in July. It was established from the resources of SK Magic and is strategically overseen by SK Networks. NAMUHx manages its brand communication independently, emphasizing innovative technologies and services that differentiate it from SK Magic's existing products. PhnyX Lab, an AI startup comprised of Silicon valley talent, introduced a modular RAG (retrieval augmented generation) solution for the pharmaceutical sector named Cheiron at the end of last year and is preparing for market growth by forming tailored partnerships with businesses. The heads of SK Magic and PhnyX Lab attended the meeting alongside President Choi and former Prime Minister Sunak. Former Prime Minister Sunak stated, "AI holds the key to transforming the future of drug development. It promises new levels of speed and precision that could help hundreds of millions of patients around the world." He added, "Phynx Lab's Cherion looks like the kind of technology that has the potential to play an important part in this revolution." SK Networks' efforts in collaborating and partnering with prominent global personalities and firms are expected to enhance its position as an AI enterprise. View original content to download multimedia: SOURCE SK Networks Sign in to access your portfolio
United News of India
12-05-2025
- Entertainment
- United News of India
BCCI announces resumption of IPL 2025 season
BCCI announces resumption of IPL 2025 12 May 2025 | 10:57 PM Mumbai, May 12 (UNI) The Board of Control for Cricket in India (BCCI) on Monday announced the resumption of the TATA Indian Premier League (IPL) 2025 season, with 17 matches to be played across six venues starting May 17 and culminating with the final on June three. see more.. F L A S H 12 May 2025 | 10:37 PM DEFERRED IPL TO RESUME FROM MAY 17, SATURDAY : BCCI. see more.. Anushka Sharma pens deeply personal message, ex-UK PM Sunak pays heartfelt tribute to Kohli 12 May 2025 | 9:26 PM New Delhi, May 12 (UNI) Virat Kohli's wife, actress Anushka Sharma penned a deeply personal message following the cricketing legend's decision to bid farewell to international cricket. see more..
