Cyber attack hits Heathrow and European airports September 20, 2025 A cyber attack has caused flight delays at Heathrow and several European airports, with problems lasting for hours on end. Airports in London, Berlin and Brussels have warned passengers that their flights may be delayed due to technical issues in check-in and boarding systems. The software provider, Collins Airspace, was suffering a technical issue for [...]
Trump’s trade war pushes exports and people to UK September 20, 2025 President Donald Trump’s brutal tariffs have pushed Canadian exporters across the pond, fresh data has shown, with further US policies on immigration also expected to draw more workers towards the UK. Official figures by Statistics Canada show that the country’s exports to the UK spiked by as much as 63 per cent in the months [...]
UK to explore ‘reparations loan’ for Ukraine using frozen Russian assets September 20, 2025 Rachel Reeves will announce plans to explore using frozen Russian assets to fund a “reparations loan” that could provide billions of pounds for Ukraine’s war effort. The Chancellor is expected to make the announcement at a meeting with her European counterparts in Copenhagen on Saturday, saying it is “right to explore all options to support [...]
Economists tell Rachel Reeves to target wealthy pensioners September 20, 2025 Chancellor Rachel Reeves should target wealthy pensioners to ease pressures on the public purse and allow infrastructure investment pledges to be protected, top economists and former ministers have said. Former Cabinet secretary Gus O’Donnell, ex Tory minister and Goldman Sachs executive Jim O’Neill, and top economists including Mariana Mazzucato have urged the government to “rebalance” [...]
Padel firm founder calls for operators to lower court rental costs September 20, 2025 The founder of a major padel tournament organiser has called upon court owners to “be responsible” and lower the price of rental rates for the popular sport. The boom of padel in recent years has seen demand to play outweigh the supply of courts, despite the United Kingdom this year passing the 1,000 court threshold. [...]
Starmer’s new towns plans blasted for ‘lacking vision’ September 20, 2025 The Lords’ Built Environment Committee has criticised the government’s current vision for new towns, calling for a clearer and more community-focused strategy. Prime Minister Sir Keir Starmer plans to build up to 12 new towns across the UK, with each settlement having the potential for at least 10,000 homes. Work on the towns is expected [...]
The Capitalist: Which Tory will be next to turn turquoise? September 19, 2025 This week’s rumours, whispers and City gossip in The Capitalist… Which Tory will be next to turn turquoise, Trump’s in town and City AM welcomes some newcomers TURNING TURQUOISE: WHICH TORY IS NEXT?Tory WhatsApp groups have been feverishly speculating on who among their number may be next to make the turquoise transition to Reform. And [...]
Natwest in talks to sell pension provider Cushon September 19, 2025 Natwest is gearing up to sell pension provider Cushon just two years after it first acquired the business. The bank has lined up advisers to help work on a sale of the London fintech and is already in talks with a number of potential suitors, according to a report by Sky News. Natwest acquired an [...]
Sir Ridley Scott suffers £10m hit as firm remains in the red September 19, 2025 Sir Ridley Scott’s production company remains in the red amid suffering a £10m hit to its turnover during its latest financial year, it has been revealed. Ridley Scott Associates has posted a turnover of £19.9m for the 12 months to 30 September, 2024, new accounts filed with Companies House show. The latest figure is down [...]
Exclusive: LinkedIn to train AI on UK members’ profiles September 19, 2025 LinkedIn will begin using the profiles, posts, resumes and public activity of UK members to train its generative AI models from 3 November, City AM can reveal. The Microsoft-owned professional network’s new terms of service, which were updated on Thursday, confirm that while private messages are excluded, most public-facing data will feed into AI systems [...]