London vs New York: Who will win the fintech IPO war? May 24, 2025 A battle with New York awaits as Rachel Reeves sets her eyes on London fintech IPOs. The Chancellor has courted top fintech darlings in her attempt to boost listings on the London Stock Exchange (LSE) as a fleet of firms are flirting with floating in the near future. Monzo is reportedly consulting with investment bankers on [...]
Oasis reunion tour to boost London’s economy by £426m May 22, 2025 The long-awaited Oasis reunion is set to deliver a remarkable £426.3m boost to London’s economy, with fans across the UK set to spend over £1bn. New data from Novuna Personal Finance found that the band’s sold-out, seven-night residency at Wembley Stadium will attract more than 630,000 fans to the capital, with each night forecast to [...]
A first timers’ guide to The Chelsea Flower Show May 22, 2025 A mainstay on locals’ social calendars for over a hundred years, The Chelsea Flower Show has built its reputation around exclusivity, and can feel untouchably posh, especially for those born outside the kilometre of real estate surrounding it. Regulars say that, in broad terms, the event hasn’t really changed for years, a narrative bolstered this [...]
Paris vs London: which city comes out on top? May 22, 2025 Our front page story yesterday on Paris surging ahead of London in the rankings of tech sector hotspots got people talking, reigniting an ancient debate over the relationship – and rivalry – that exists between these two mighty capitals. Credit where it’s due; Paris has patiently built a deep and high-value tech sector. But it’s [...]
Revolut looks to France for major European expansion May 19, 2025 British-born digital bank Revolut has chosen Paris for its fresh Western Europe headquarters with a major €1bn investment. The fintech giant said it will create over 200 jobs in France, in what it calls the “largest investment in the French financial sector in a decade.” The firm has also applied for a French banking licence, [...]
The Square Mile’s latest office transformation gets green light May 19, 2025 A huge redevelopment of 1 Moor Lane has been given the green light by the City of London Corporation as the Square Mile looks to boost its office capacity. The all-electric transformation of the building by Brookfield Properties will add 300,000 sqft (27,000 sqm) of grade-A offices to the City, increasing the amount of office [...]
Labour’s regional growth plan sees 12,000 civil servants moved outside London May 14, 2025 The government is on a mission to relocate 12,000 civil servant jobs across the UK to save taxpayers money — to the tune of £94m a year by 2032. Cabinet Office minister Pat McFadden told the BBC this morning he hopes relocating civil servants “will make this government one that better reflects the country it [...]
Eurostar routes could see double-decker trains May 14, 2025 Double-decker trains could be running through the Channel Tunnel in the coming years as part of proposals from the French rolling stock giant Alstom alongside Eurostar. Chief executive Henri Poupart-Lafarge told the Financial Times the trains would increase traffic on routes between London and Europe, which are traditionally operated by Eurostar. “The double-decker train has [...]
Tui shares slump as losses widen after quitting London May 14, 2025 Shares in Tui have slumped as losses widened despite a bumper performance from its cruise segment. Underlying operating losses increased by €18m to €207m (£174.3m) even as second quarter revenue rose from nigh-on breakeven to €3.7bn. Shares were trading down around the 11 per cent mark in early deals on Wednesday. The travel operator did [...]
Vanquis shares jump after recovery from complaints storm May 14, 2025 Shares in Vanquis Banking Group rose on Wednesday after the firm said it had swung back into profitability following a major blow from complaints in 2024. The London-listed bank’s stock was up nearly seven per cent as markets opened, trading above 75p. The Bradford-based lender recorded £2bn in net receivables, the total money expected to [...]