Sadiq Khan urges Labour to back return to EU Politics Sadiq Khan has called for Labour to campaign for the UK to rejoin the European Union, days after Rachel Reeves delivered one of the most Europhile speeches since Brexit. The London Mayor said his party should move beyond discussions about access to the single market or joining the customs union by 2030, and instead move [...]
Owner of collapsed lender MFS hit with freezing order Markets The owner of a collapsed shadow bank has been hit with a worldwide freezing order after his firm faced fraud allegations. Paresh Raja, founder of Market Financial Solutions (MFS), has been told by courts in London and Dubai to give details of all his assets worth more than £10,000 and cannot spend more than £5,000 [...]
Here we go again: Tube strikes to hit London from March to May Transport & Infrastructure Fresh tube strikes are set to take place over a period of two months with businesses and commuters hit by union action on some of the busiest days of the week. RMT, the union representing London Underground staff, has announced that strikes will take place over 12 days between March and May, with both morning [...]
Mother’s Day 2026: 5 amazing ways to celebrate in London March 11, 2026 Mother’s Day 2026 falls at the very end of winter, when spring and a general feeling of renewal fills the air. Whether you’re with your actual mother this Sunday, or just someone who means the world to you, here are some excellent things to do to mark the occasion. Stay local and enjoy the CityThe [...]
Legal & General shares slide after profit disappoints March 11, 2026 Legal & General share price tumbled in early morning trading, after the asset management and insurance giant’s reshape was overshadowed by lower-than-expected profit. Shares fell 5.5 per cent to 244p on Wednesday, after core operating profit of £1.62bn fell short of analyst’s £1.65bn expectation, creating a “source of disappointment for investors”, despite it rising six [...]
Sportl: the pay-as-you-go gym app sprinting into the capital March 10, 2026 When they worked at the Bank of England, Matthew Austin and Ryan Lovelock understood the frustration of finding time for the gym. Sneaking out for a lunchtime sesh or scrambling to leave work on time for an evening class is a familiar challenge for fitness-focused city workers. Austin said: “We were kind of here, there [...]
London AI security startup raises $15m as threats rise March 9, 2026 A London startup building AI tools to help protect critical infrastructure and public venues has raised $15m (£11.8m) in funding as governments across Europe step up security measures. Augur said the seed round was led by Plural, with participation from First Kind, SNR, Flix and Tiny VC. The company’s platform connects with existing cameras and [...]
Lime subscription brings e-bike fares in line with TfL March 9, 2026 E-bike giant Lime is launching a new UK subscription aimed at frequent riders that will bring the cost of short journeys close to, and in some cases below, local public transport fares. The company said its new ‘Limeprime’ membership will offer flat-rate rides of up to 20 minutes for a monthly fee across London, Milton [...]
Removing UK’s tariff exemption could hurt small businesses, trade body warns March 8, 2026 Removing the UK’s tariff exemption for low value imports could risk pushing up prices, reduce trade intensity and damage small businesses, a leading trade body has warned. The British Chambers of Commerce’s (BCC) warning comes amid the government considering the move after the US removed its ‘de minimis’ exemption for certain commercial shipments. The EU [...]
Grounds for expansion: Airwallex’s Europe chief bets on London in licence pursuit March 6, 2026 As payments giant Airwallex laid out plans to double down on Europe, they turned to a man with experience at a multi-billion dollar deposit holder. The $8bn cross-border specialist was looking for someone to steer the ship amid expansion plans across Europe but in that endeavour didn’t poach a veteran of Wall Street or the [...]