Watch: Rishi Sunak claims McDonald’s wrap is his kids’ go-to order… despite it being removed in 2020 August 18, 2022 Rishi Sunak claimed a McDonald’s wrap is a favourite order at the fast-food giant when with his kids, despite it not having been on the menu for two years. The former chancellor, who is trailing in the Tory leadership race by 32-points to frontrunner Liz Truss, spoke about his struggles with modern technology after previously [...]
Contactless payments soar over £900m in UK lockdown June 3, 2020 Barclaycard today revealed it has processed over 25m contactless payments above £30 since the new £45 limit was introduced, with a total value of over £900m. As of April 1, when the spending cap was raised, the average of these payments has been £36.29, according to data released by the brand. The limit was raised [...]
AI can help capital tackle climate threat, Sadiq Khan says June 12, 2023 Artificial intelligence (AI) can be deployed to help London tackle the threat from climate change, Sadiq Khan has said. The mayor of London has launched a review exploring how data and technology can help the capital thrive in a changing environment. At the opening of London Tech Week on Monday, Khan outlined how blistering heatwaves [...]
Contactless spending limit increased in response to coronavirus March 24, 2020 The spending limit for contactless card payments will be increased next month in response to the coronavirus outbreak. Shoppers will be able to spend £45 using contactless payments, up from £30, from 1 April. The measure was already being considered by the industry but its introduction has been brought forward due to the coronavirus pandemic [...]
Tube journeys regularly hitting over 80 per cent of pre-pandemic levels as commuting rebounds July 3, 2023 Weekday tube and bus journeys are regularly hitting over 80 per cent of pre-pandemic levels and often exceed 2019 footfall figures on the weekend, according to Transport for London’s chief operating officer Glynn Barton. The most recent week of TfL tube data shared with City A.M. shows tube trips reached over 80 per cent of [...]
Apple rolls out ‘tap to pay’ feature to turn iPhones into payment terminals February 8, 2022 Apple will roll out a new feature that allows businesses to accept credit cards and digital payments via iPhone.
Brits turn their back on cash during lockdown as contactless payments jump to £957m June 10, 2020 The average Brit has gone 44 days since using cash as new research reveals lockdown has accelerated the pivot to contactless payments. Customer data from Nationwide shows that tap-and-pay transactions have increased 44 per cent since the week of 23 March, when Britain was placed on lockdown. Nationwide members made 78.5m contactless between 23 March [...]
Why has an Enfield Barclays branch been given Grade 2 listed status? April 10, 2023 An “exuberant” Barclays branch in London, home to the world’s first automated teller machine (ATM), has been given heritage status as the number of ATMs around the country continues to decline. The bank branch, situated at 20 The Town, Enfield, was fitted with the world’s first ATM in 1967 by the actor and comedian [...]
Rail fares to go up by 4.9 per cent in March next year December 22, 2023 Regulated rail fares in England will increase by up to 4.9 per cent next year, in a blow to UK commuters.
Clapham chaos: London commuters over-charged hundreds due to faulty card readers November 10, 2023 It is understood the issues began last Thursday when torrential rain caused flooding, and the issue has now been resolved.