London hiring plunges as Rachel Reeves’ tax grab weighs July 14, 2025 London hiring has suffered a steep drop as rising costs weigh on employers following Rachel Reeves’ tax grab. Permanent staff places in the capital – hires with no fixed end date – fell at the sharpest rate in 22 months in June. Meanwhile, temporary bills, which track the total income recruitment agencies earn from placing [...]
‘Serious incident’ as plane crashes at London Southend Airport July 13, 2025 A plane has been involved in a collision at Southend Airport, police said. In a statement, Essex Police said they remain on the scene of a “serious incident” and were alerted shortly before 4pm on Sunday to “reports of a collision involving one 12-metre plane”. Images posted on social media show a plume of fire [...]
Rachel Reeves to pledge Thatcher-style ‘Big Bang’ for City in Mansion House speech July 13, 2025 Chancellor Rachel Reeves is to pledge a Thatcher-esque “Big Bang” in the City next week as part of her much-awaited Mansion House speech. Reeves is expected to tell senior banking figures to ditch New York and Paris in favour of London or Leeds amid a commitment to slash burdensome regulation. A Treasury source told the [...]
Air India crash: Not easy to ‘accidentally’ cut off fuel switches July 12, 2025 The fuel switches that were cut off before the Air India plane crash are the kind used on every flight, and designed so that this cannot easily “accidentally” happen, an aviation expert has said. The London-bound Boeing 787 Dreamliner crashed into a medical college shortly after taking off from Ahmedabad Airport on June 12, killing [...]
London claims number two spot in global ranking of AI hubs July 11, 2025 London has claimed the number two spot in a new global ranking of tech talent hubs, second only to San Francisco, as the capital continues to ride the wave of AI innovation. However, behind the headlines, the race for digital skills is intensifying, and the UK still faces significant challenges if it wants to maintain [...]
Number of affordable homes started in London plummets July 10, 2025 The number of affordable homes underway in the capital has fallen far short of expectations as tight regulations and cost pressures make sites unviable. The Greater London Authority has so far completed 871 homes under the 2021-2026 Affordable Homes Programme (AHP), according to its annual housing report. This is just over five per cent of [...]
Fintech leads surge in London finance hiring July 10, 2025 Fintech helped lead roaring growth in London’s finance hiring for the second quarter of the year as demand for risk professionals surged amid a more moribund jobs market for traditional lenders. New financial services jobs vacancies rose three per cent quarter-on-quarter, according to Morgan McKinley’s London Employment Monitor while Greater London fintech hiring is expected [...]
Regulators, mount up: FCA taking on City AM Triathlon Team Challenge July 9, 2025 They’re used to tracking them in their day jobs but next month the FCA will be hunting the Square Mile’s finest in water, by bike and on foot when they take part in the City AM Triathlon Team Challenge at the London T100. The financial services watchdog is entering no fewer than five teams in [...]
Luton Airport chair: Green targets for expansion ‘not easy’ to meet July 9, 2025 Strict green targets for Luton Airport’s expansion plans will “not be easy” to meet, its new chair has said, even as he praised the economic importance of the project. Ministers rubber-stamped proposals to ramp up capacity at Luton earlier this year, shortly before backing a massive Universal Studios theme park and resort in nearby Bedford. [...]
Mass migration is costing London renters £2,600 a year July 3, 2025 High net migration combined with a housing shortage is making London even less affordable, says Laurence Fredricks London is an expensive place for renters. I live in a one bed flat in Zone 2 with my boyfriend and nearly £2000 a month from our salaries goes in rent. In my first year of living in [...]