James Reed: My advice for the next generation? Forget grades and go for skills August 28, 2024 Some words of advice for today's youngsters? Don't worry about exam grades and focus on what the workforce actually needs, writes James Reed.
Sadiq Khan launches £24m plan to cut Tube and rail fares on Fridays January 28, 2024 Tube and train fares in London could be reduced on Fridays under a new £24m plan announced by London Mayor Sadiq Khan.
Rising London rents are ‘a pressure cooker ready to explode’ as home ownership ‘inching out of reach’ August 14, 2024 “A pressure cooker ready to explode” is how one expert has described the current situation in the UK housing market as data showed rents jumped close to 10 per cent in London over the past year. In fresh data released this morning it was revealed that average UK private rents increased by 8.6 per cent [...]
The government’s levelling up cash for Canary Wharf is a step in the right direction for London March 9, 2024 A taxpayer loan of over £118m being handed to Canary Wharf to help elevate its life science offering and build news homes has inevitably raised some eyebrows across London.
Government launches SMR competition to revive nuclear’s role in UK energy mix July 18, 2023 Government ambitions to boost nuclear's flagging role in the country's energy mix will be supported with a new industry vehicle.
WPP profits tumble 51 per cent as advertising giant shifts focus to AI plans August 4, 2023 The world’s biggest advertising firm WPP reported a “resilient” performance in the first half of the year despite plunging profits as they start to build out AI plans. WPP reported profit before tax for the first half of 2023 dropped 51 per cent to £204m, compared to £419m compared to the first half of 2022. [...]
New innovation department could be a ‘gear change’ for tech growth, industry chiefs say February 7, 2023 The creation of a new government department for technology and innovation could be a “gear change” for the growth in the UK’s tech sector and represents a “significant” boost for UK innovation, tech chiefs said today.
Property giant warns about growing fears of rapid slowdown in ‘a market teetering on the brink’ September 7, 2022 One of the UK’s biggest property groups has urged the new Prime Minister to address Britain’s housing crisis calling for “radical change”. The National Association of Property Buyers (NAPB) told City A.M. there is now growing fears of a rapid slowdown in a market which is “teetering on the brink”. And the NAPB added that [...]
Banking on cross-border payments: Q&A with Radha Suvarna, CPO, Payments July 22, 2024 Q1. What is driving growth in cross-border payments? Cross-border payments are at the heart of the global economy, enabling businesses to serve customers wherever they are based in the world. Such transactions are estimated by the Bank of England to reach a value of over $250trn by 2027. Growth in high volume, low value payments [...]
Election 2024: Why the major parties are right to prioritise the small business vote June 13, 2024 With the election manifestos coming in thick and fast, economists and politicos will be drilling down into the detail.