Macron names Sébastien Lecornu as France’s new prime minister after Bayrou exit

French President Emmanuel Macron has appointed Defence Minister Sébastien Lecornu as prime minister, a day after François Bayrou was forced to resign following a historic defeat in a parliamentary confidence vote.

On Tuesday 9th September, President Emmanuel Macron asked Sébastien Lecornu to form a government, just 24 hours after François Bayrou was ousted from office. At 39, Lecornu becomes the seventh prime minister since Macron took office in 2017 and the fifth in just three years. He will formally succeed Bayrou at a handover ceremony in Paris on Wednesday.

Macron loyalist

Lecornu, a former member of the conservative Les Républicains, has served in every Macron-led government since 2017 and was appointed France’s youngest-ever defence minister in 2022. He was the architect of a major military build-up through 2030 in response to Russia’s invasion of Ukraine, and previously oversaw overseas territories and local authorities. In 2019, he was tasked with organising the president’s “great national debate” during the Yellow Vests crisis.

Political reactions divided

Far-right leader Marine Le Pen dismissed the appointment as “the last shot of Macronism,” predicting that “inevitable future elections” would see her lieutenant Jordan Bardella become prime minister. Left-wing leader Jean-Luc Mélenchon said Macron had “changed nothing” in response to Bayrou’s fall, while the Greens called the nomination a “provocation.” The Socialist Party warned the choice risked “social anger and institutional deadlock” and ruled out participation in Lecornu’s government.

France under pressure

Bayrou’s downfall followed his decision to call a high-risk confidence vote on his austerity budget, which included €44 billion in savings. The government was rejected by 364 votes to 194, prompting his resignation. The political upheaval comes amid rising borrowing costs for France and mounting social unrest.

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Photo credit: Ecole polytechnique / Institut Polytechnique de Paris / J.Barande

Monaco Yacht Show announces nominees for inaugural Blue Wake Awards

The Monaco Yacht Show has unveiled the nominees for the first edition of the Blue Wake Awards, a pioneering initiative created in partnership with the Water Revolution Foundation to celebrate the most credible and impactful environmental innovations in the superyacht sector.

The shortlist highlights leaders across four categories. In Luxury Products and Services, Foglizzo Leather, Tai Ping and Turnstyle Design have been recognised. The Nautical Supplier category features AkzoNobel, Deasyl and Termodinamica. Competing in the Refit or Builder Shipyard category are Amico & Co, Baltic Yachts and Sanlorenzo. Finally, in Tenders and Water Toys, nominees include Evene Tenders, U-Boat Worx and Tykun. A fifth distinction, the Special Jury Award, will honour a yacht demonstrating outstanding commitment to sustainability.

All candidates were selected through a rigorous independent assessment led by the Water Revolution Foundation, based on transparent evaluation criteria jointly developed with the Monaco Yacht Show. This process ensures that only credible, high-impact solutions are recognised.

The winners will be revealed on Tuesday 23rd September during the Grand Opening Night of the Monaco Yacht Show, marking a milestone in the event’s mission to make sustainability a driver of innovation and excellence in yachting.

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Photo source: Monaco Yacht Show

Monte Carlo Beer partners with Molson Coors for UK launch

Monte Carlo Beer, a brand born in the Principality, has entered the British market through an exclusive partnership with Molson Coors Beverage Company.

Founded in 2019 by Monégasque entrepreneurs William Scheffer and Anthony Orengo, Monte Carlo Beer has established itself along the French Riviera with a growing range including Blonde Ale, Amber Ale and IPA. The brand will now make its first move into the UK with the launch of a new 4.8% ABV super-premium lager, created specifically for British consumers. The beer, brewed in the UK, became available on draught in select venues on 28th July, followed by a bottled format in September.

Co-founders hail “full-circle moment”

Co-founder William Scheffer said the UK launch fulfilled an early ambition for the business. “We founded Monte Carlo Beer to not only celebrate our Monégasque heritage but to also celebrate memorable moments with friends. When we created the beer originally, we had hoped that one day the Monte Carlo Beer brand would expand internationally, so this is a full-circle moment for us.”

His business partner Anthony Orengo pointed to Molson Coors’ experience with European brands such as Rekorderlig, Madrí Excepcional and Staropramen as a key reason behind the collaboration. “Working with them to create this special addition to the portfolio was an opportunity we simply couldn’t pass up,” he said.

Industry backdrop

The partnership comes as demand for premium beers continues to grow in the UK. According to Molson Coors, the on-trade world beer market is up 7% in value. Hannah Norbury, Marketing Director for Molson Coors in the UK and Ireland, described Monte Carlo Beer as “a super-premium, refreshing golden lager that will add real excitement on the bar”.

She added that the collaboration highlighted the company’s approach to innovation: “Partnering with passionate entrepreneurs like Will and Anto is a real privilege – creating something together for UK drinkers is testament to the fact that two heads are truly better than one.”

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Butterfly Ball set to return to Monaco under new creative direction

The Butterfly Ball will return to Monaco this October for its 10th anniversary edition, with organiser Caudwell Children announcing that renowned event designer Billy Folchetti will serve as guest creative director. The fundraiser, to be held at the Hôtel de Paris Monte-Carlo, will mark both a decade of the gala in Monaco and the 25th anniversary of the UK-based charity.

Scheduled for the 21st October, the Butterfly Ball Monaco will this year be shaped by the vision of Billy Folchetti, founder of global event firm Luxe x. Folchetti, known for his high-profile work with celebrities and luxury brands, has been brought in to mark what organisers are calling a “milestone year” for the charity.

“The future really belongs to our kids,” said Folchetti. “They deserve to be uplifted, inspired, and given every opportunity to chase their dreams and change the world. This isn’t just about giving back – it’s about creating lasting change for children and families in need.”

Returning to the Hôtel de Paris

First held in Monaco in 2015, the Butterfly Ball has become one of the Principality’s most recognised fundraising galas. The event was founded by Modesta Vžesniauskaitė, the partner of philanthropist and Caudwell Children founder John Caudwell. She remains closely involved in organising the gala, which has helped raise millions of pounds to support disabled and autistic children in the UK.

“When I founded the Butterfly Ball Monaco 10 years ago, I dreamed of creating something truly magical,” said Vžesniauskaitė. “As we celebrate this milestone year, I’m honoured to welcome Billy Folchetti as guest creative director; his talent and creativity will elevate this very special anniversary edition.”

Charity enters its 25th year

Caudwell Children, founded in 2000 in Stoke-on-Trent, now supports thousands of children each year through mobility equipment, autism assessments, sensory resources and family services. The charity says every donation from the event will go directly to its programmes.
Claire Marshall, CEO of Caudwell Children, said: “The Butterfly Ball holds a very special place in our hearts. I’ve seen firsthand how these funds transform lives, and it is truly incredible to witness.”

An evening of fundraising and luxury

As in previous years, the gala will feature a dinner, charity auction and entertainment. This year’s event is being sponsored by luxury yacht company Burgess. Organisers say they expect a guest list of philanthropists, celebrities and supporters from across Europe and the UK.
John Caudwell said: “Over the years, the event has grown in scale and ambition, but most importantly, it has helped to transform the lives of children. I’m confident that, with Billy Folchetti’s leadership, this year’s Ball will set a new benchmark.”

See also: 

Interview: Billionaire John Caudwell on reviving Le Provençal

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Photo credit: Rob Richardson