Devolution: Should London have power to raise its own taxes? May 9, 2024 Calls for the government to share some tax revenue with devolved administrations - including in London - have been backed by organisations in the capital.
NATO must commit 2.5 per cent defence spending, Cameron to argue May 9, 2024 NATO allies must commit to spending 2.5 per cent of GDP on defence, amid the need for a “harder edge for a tougher world”, David Cameron will say.
FTSE 100 today: London markets set to open higher before BOE policy decision; all eyes on rate cut clues May 9, 2024 Asian markets mirrored Wall Street's mixed performance, with oil prices surged. All eyes were on the Bank of England's policy decision.
Bloomberg’s bobbies: Firm pays City Police £100,000 for added patrols around Arcade HQ May 8, 2024 Bloomberg pays roughly £100,000 a year to the City of London Police to patrol its iconic London headquarters, City A.M. has learned.
Cazoo preparing to enter administration as car retailer attempts to avoid collapse May 8, 2024 Cazoo has signalled its intention to enter administration and not ruled out winding up the company.
Wood Group shares soar after engineering giant rejects takeover bid from Dubai-based rival May 8, 2024 It said the board concluded that the offer "fundamentally undervalued Wood and its future prospects" and rejected it earlier today.
Volkswagen boss: The EV sales slump is ‘not the end of the world’ May 8, 2024 A recent slump in electric vehicle sales shouldn't concern the automotive sector, VW's brand chief Thomas Schäfer has said.
EV delivery firm Packfleet branded ‘disgusting’ for plans to sack 30 drivers and replace them with gig economy contracts May 8, 2024 EV courier Packfleet has informed workers of plans to sack 30 employed drivers and force them to become self-employed, City A.M. understands.
Private equity and venture capital investment into the UK has crashed since 2021 May 8, 2024 Private equity and venture capital investment into UK businesses fell by over 30 per cent to £20.1bn in 2023, according to a report from the industry body.
Uber: U-turn for company as it reverses back to a loss May 8, 2024 Uber said it swung to the loss due to the revaluation of its equity investments and the costs of legal settlements related to its drivers.