The Papers: 'Net migration almost halves' and 'Paint the town claret'
Summary
The Financial Times reports that SpaceX, Elon Musk's company, plans a major stock market launch expected to be the largest ever. UK net migration has dropped to its lowest level since 2021, with fewer people moving into the country. Separately, the London mayor has blocked a deal with US tech firm Palantir to use AI in police investigations.Key Facts
- SpaceX’s initial public offering (IPO) is expected to be the biggest ever on record.
- Elon Musk may become a trillionaire due to SpaceX’s stock market debut.
- The UK saw its net migration number fall to 171,000, the lowest since 2021.
- Home Secretary Shabana Mahmood welcomed the migration drop.
- London Mayor Sadiq Khan stopped a £50 million AI contract with Palantir.
- The Palantir deal aimed to automate intelligence work for criminal cases.
- Greater Manchester Police arrested five people over fake council candidate claims.
- Aston Villa football team celebrated a major Europa League victory in Birmingham.
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