The UK’s growth plan is simple. It wants more investment to deliver higher productivity that lifts wages and boosts living standards. There is an unfortunate consequence, however: unemployment. The ruling Labour Party does not put it in such stark terms, but the Prime Minister effectively has. In November 2022, Keir Starmer told the CBI employers group that the days when “cheap labor are part of t...
The UK’s growth plan is simple. It wants more investment to deliver higher productivity that lifts wages and boosts living standards. There is an unfortunate consequence, however: unemployment. The ruling Labour Party does not put it in such stark terms, but the Prime Minister effectively has. In November 2022, Keir Starmer told the CBI employers group that the days when “cheap labor are part of the British way on growth must end.” At the time, Starmer was leader of the opposition and the incumbent Conservatives were reeling from the Liz Truss crisis, which had left their economic credibility in tatters. “We’re more comfortable hiring people to work in low paid, insecure, sometimes exploitative contracts, than we are investing in the new technology that delivers for workers, productivity and our country,” Starmer told the CBI, referring to the UK economy as a whole. “And we can’t compete like that. Britain’s low pay model has to go .” Four years and one general election later, the low pay model has gone. What exists in its place is something that’s starting to look more than a little bit French, with rising labor costs and businesses spending on capital. The last Conservative government did much of the work but Labour pressed ahead after winning the election in July 2024, with higher taxes on jobs, increased minimum wages, expanded worker protections and tighter migration rules. As employment costs have risen, so has joblessness. Unemployment is 5.2%, up from 4.3% under Labour despite six interest rate cuts and an acceleration in annual GDP growth to 1.3% last year from 1.1% in 2024. “The marginal cost of labor has gone up substantially,” said Sanjay Raja , Deutsche Bank UK chief economist. “As a result, we are seeing a shift towards investment.” Whether by design or accident, Starmer has stumbled on a strategy that appears to be working. Business investment grew 3.5% in 2025, the fastest pace since 2022, and annual productivity measured by output per worker using t...
Chief Technology Officer Artur Bergman disclosed the indirect sale of 40,000 shares of Fastly (NASDAQ:FSLY) for a total of approximately $683,000 on Feb. 23, 2026, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($17.08). * 1-year price change is calculated using Feb. 23, 2026 as the reference date. Continue reading
Chief Technology Officer Artur Bergman disclosed the indirect sale of 40,000 shares of Fastly (NASDAQ:FSLY) for a total of approximately $683,000 on Feb. 23, 2026, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($17.08). * 1-year price change is calculated using Feb. 23, 2026 as the reference date. Continue reading
A Tokyo Electric Power Co. unit told renewable-energy producers to curtail output for five hours on Sunday, with electricity supply projected to surpass demand. The suspension is taking place between 11 a.m. and 4 p.m. Tokyo time, Tepco Power Grid Inc. said in a statement. Favorable weather conditions will result in high solar power output during the daytime, while electricity demand is projected ...
A Tokyo Electric Power Co. unit told renewable-energy producers to curtail output for five hours on Sunday, with electricity supply projected to surpass demand. The suspension is taking place between 11 a.m. and 4 p.m. Tokyo time, Tepco Power Grid Inc. said in a statement. Favorable weather conditions will result in high solar power output during the daytime, while electricity demand is projected to remain low, it said. The company has taken measures, including reducing the operations of thermal power plants and transmitting electricity outside Tepco Power’s service area, according to the statement. With supply capacity still expected to exceed demand, further action was needed to maintain the supply-demand balance, it said.
According to a February 17, 2026, SEC filing , AREX Capital Management, LP, established a new position in Callaway Golf Company (NYSE:CALY) , acquiring 453,000 shares. The estimated value of the trade was $5.29 million. This marks a new position for AREX Capital Management, LP, with CALY comprising 15.03% of reportable 13F assets after the filing. Top five holdings after the filing: Continue readi...
According to a February 17, 2026, SEC filing , AREX Capital Management, LP, established a new position in Callaway Golf Company (NYSE:CALY) , acquiring 453,000 shares. The estimated value of the trade was $5.29 million. This marks a new position for AREX Capital Management, LP, with CALY comprising 15.03% of reportable 13F assets after the filing. Top five holdings after the filing: Continue reading
Nvidia (NVDA) just reported another record quarter, but the markets did not react favorably, with NVDA stock falling roughly 5.5% after reporting earnings on Thursday, Feb. 26, the worst one-day drop since April 2025, even after another earnings beat and favorable guidance. However, Dan Ives from ...
Nvidia (NVDA) just reported another record quarter, but the markets did not react favorably, with NVDA stock falling roughly 5.5% after reporting earnings on Thursday, Feb. 26, the worst one-day drop since April 2025, even after another earnings beat and favorable guidance. However, Dan Ives from ...