Uber, AA and Royal Mail urge Khan to scrap EV congestion charge plans July 3, 2025 A host of businesses including Uber, the AA and Royal Mail have urged Sadiq Khan to re-think rolling back the exemption for electric vehicles in London’s congestion charge. Some 28 business and green groups published an open letter to the Mayor arguing that changing the discount would threaten London’s clean air ambitions, while prompting a [...]
Business confidence hit by tax fears as Rachel Reeves’ headroom crumbles July 2, 2025 British business confidence has been hammered by Labour’s tax blows but fears remain heightened the government will return for more. A survey by the British Chambers of Commerce (BCC) revealed 56 per cent of firms were particularly concerned about their tax burden, which comes as Prime Minister Sir Keir Starmer failed to rule out further [...]
Sacking Reeves would make a bad situation even worse July 2, 2025 This government has made plenty of mistakes but ditching Rachel Reeves would be by far the biggest. While my advice to ministers remains “I wouldn’t have started from here” I have to recognise that a misstep now could make a bad situation worse. And the situation is bad. As Labour marks its first full year [...]
M&A volumes jump as US bidders snap up UK tech July 2, 2025 US private equity firms are continuing to swoop for UK tech companies leading to a jump in merger and acquisition (M&A) volumes. Giants from across the Atlantic have taken a heightened interest in UK stock, which analysts pegged to the “cheap and undervalued” nature of equities. UK public M&A activity almost tripled in the first [...]
Formula 1 owners to complete £3.6bn deal for MotoGP July 2, 2025 Formula 1 owners Liberty Media will complete a £3.6bn deal to buy MotoGP by the close of play on Thursday. The agreement will see Liberty Media purchase 84 per cent of MotoGP’s commercial rights holder Dorna – in cash – after it last week got approval from the European Commission. “We believe the sport and [...]
London Museum welcomes return of Smithfield shops and bars parade July 2, 2025 Smithfield’s parade of shops and bars is set to return to the City as part of the Museum of London’s move to Farringdon. The museum, which is moving from 150 London Wall, will redevelop not just the market but the properties surrounding it, hoping to draw in around two million visitors annually. Each property will [...]
Lords blast Renters’ Rights Bill: ‘The government is not listening’ July 2, 2025 Peers in the House of Lords have clashed with the goverment’s Renters Right Bill, arguing that the Commons hasn’t listened to their concerns about fixed-term contracts, student housing or holiday lets. The bill, which aims to rebalance the relationship between landlords and tenants, began its third reading in the House of Lords on July 1. [...]
Shell forced to file amended US filings after EY broke audit rules July 2, 2025 Shell is to file amended regulatory filings after Big Four firm EY told the energy giant it broke audit rules
Does anyone come out clean from Heathrow Airport power outage? July 2, 2025 Who comes out clean from the chaos that engulfed Heathrow Airport in March? Today’s revelations from the NESO report were damning for National Grid, the operator of the North Hyde substation that burst into flames, leading to a 16-hour power outage at the UK’s biggest airport. There had been back and forth for weeks between [...]
Grenfell United welcomes Ulster decision to end Kingspan deal July 2, 2025 Grenfell survivors have welcomed Ulster Rugby’s decision to discontinue its stadium naming rights deal with Kingspan, an insulation maker criticised over the London tower block tragedy. Ulster announced this week it had begun the process of removing Kingspan branding from its home ground in Belfast after a long-term sponsorship deal with the local firm, which [...]