Rents rise by £110 a month over last year in latest blow for UK tenants September 14, 2023 The cost of renting a property has risen by £110 a month over the last 12 months, according to the latest damning report about the health of the UK’s housing sector, as shrinking supply in the market continues to pile on misery for tenants. Rent supply has shrunk 30 per cent below the average for [...]
Mark Kleinman: The inquest into Wilko’s demise has only just begun September 14, 2023 Mark Kleinman is City editor at Sky News Inquest into Wilko’s demise has only just begun Few things elicit British consumers’ sentimentality like the imminent disappearance of a once-proud high street name. For Woolworths in 2009 and BHS in 2016, read Wilko in 2023. The sad fate of more than 10,000 employees at the family-owned [...]
The Notebook: Adrian Biles on upholding standards for lawyers and a breathless read about HSBC’s murkier histories September 14, 2023 Where interesting people say interesting things. Today, it’s Adrian Biles, managing partner of law firm Child & Child Lawyers must live up to a standard – whether trained or otherwise Recent events in the legal profession remind me of the wise words of an early mentor, one of the UK’s leading corporate lawyers. On retirement, [...]
Cash usage increases for first time in over a decade as cost of living crisis bites September 14, 2023 Cash payments increased for the first time in a decade last year as concerns over the cost-of-living crisis prompted Brits to take out more cash.
StabilityAI: New AI music tool won’t wipe out musicians September 14, 2023 London artificial intelligence outfit Stability dismissed suggestions it will wipe out some creative jobs yesterday as it rolled out a new tool to allow users to create music via AI. Notting Hill Gate-headquartered Stability AI, which was valued at $1bn last August in a $101m funding round, yesterday launched its Stable Audio product which allows [...]
Our political angst over the triple lock is a result of a deeply unfair tax system September 14, 2023 It would be political suicide for Rishi Sunak to scrap the pensions triple lock, but the frustrations with it are part of how we tax income, rather than wealth, writes Will Cooling
Looney’s successor must also strike a balance on the green agenda September 14, 2023 There must be something in the water. After Dame Alison Rose’s avoidable exit, now we have Bernard Looney’s. Whilst the details of the former are rather clearer than the latter, it does appear that the Irish exec would still be at the head of the oil major today if he’d been more open with the [...]
City of London granted permission to fix plaque on statue linked to slavery September 14, 2023 The two Guildhall statues with slavery links are figures of William Beckford, former two-time Lord Mayor, and philanthropist Sir John Cass.
Crypto AM Summit and Awards open for entries September 13, 2023 The prestigious ceremony, preceded by a gala dinner, is regarded as one of the premier awards events in the crypto and blockchain calendar.
Payally boss: Big Tech crackdown will kill London startups September 13, 2023 The UK needs to “loosen its grip” on Big Tech and steer away from copying the EU’s tough approach to the sector, the founder payments firm Payally has warned. “We need to be attracting big tech to London, not discouraging it,” Rafal Andzejevski told City A.M. “For right or for wrong, we left the EU, [...]