London bias ‘baked into’ system as MPs warn UK can no longer ‘fly blind’ on attracting foreign investment June 9, 2023 The Government is not doing enough to encourage foreign investment into areas of the UK outside London and the South East, MPs have warned. An economic bias remains “baked into” the system, leaving barriers to the levelling up agenda, the Commons Public Accounts Committee said. The group has told the newly formed Department for Business [...]
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
London businesses sweat over looming recession and sticky inflation November 30, 2022 London businesses are sweating over the coming recession and sticky inflation, but they are still among the most confident in the UK, a new survey out today reveals. Optimism among the capital’s firms slumped 27 points over the last month to 22 per cent, one of the biggest falls on record, according to Lloyds Bank’s [...]
The cost of living, Will Smith and the future of Wasps and Worcester: This week’s best read stories on City A.M. February 24, 2023 The rising cost of living and its implications dominated this week’s best read list, along with UCL researcher Rosie Collington’s challenge to the consultancy sector and One: Lloyds Bank’s profits to help cushion customers’ rising cost of living Lloyds Bank’s announcement that its profits are to be held back to help with the cost of [...]
Revolut achieves $45bn valuation in employee share sale August 16, 2024 Revolut has cemented its position as Europe's most valuable private technology company after securing a $45bn (£34.9bn) valuation in a share sale by employees.
Olympia London owners to inject £5.4m into Shepherds Bush Market May 11, 2023 The private real estate firm behind Olympia London has submitted plans to inject £5.4m into Shepherds Bush Market and the Old Laundry Yard as it looks to create a life science incubator as well as affordable homes within the region. Yoo Capital, which has invested £2.5bn into central London over the past decade, said a [...]
Windfarm on disgraced Tory donor’s land hit with fine for overcharging March 4, 2024 The body said that the prices set by Dorenell Windfarm Limited (DWL) "did not properly reflect the financial benefits" of reducing its output related to avoided payments that otherwise would have been required by the Government’s Contracts for Difference scheme.
In pictures: London’s skyscrapers look uncannily like these coffee machines April 12, 2024 Sometimes only a cliche will do. The fact that luxury coffee machines look like London skyscrapers is a truth as old as time itself.
Braemar holds firm on full-year guidance after dramatic year March 20, 2024 Braemar's 2023 was marred with controversy after its shares were suspended for fourth months
From branch closures to ‘debanking’ – Which bank faces the highest number of complaints? December 10, 2023 The UK's high street lenders have faced a tsunami of complaints this year from concerns about branch closures to customer service. But which bank faces the most complaints?