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      Government debt repayment ‘could rise to half’ of total taxes

      OBR chiefs told the Treasury Select Committee that a higher tax burden could stifle growth.

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  • Poll: Brexit won’t lead to financial services brain drain

    September 26, 2018

      Just 630 UK finance jobs have moved abroad since the Brexit vote, a Reuters poll found today. It contrasts fears voiced immediately after the vote that leaving the EU could badly damage the UK’s financial services sector. Read more: Brexit: Rees-Mogg tells businesses to accept customs delays Reuters’ poll of 134 financial giants found [...]

  • Whale of a time: Beluga whale ‘seen in River Thames’

    September 25, 2018

    A Beluga whale has been spotted in the River Thames, with marine rescuers saying it is “swimming strongly”. Ecologist Dave Andrews made the sighting, saying the mammal has been feeding near barges around Gravesend in Kent. He shared videos online, saying it hasn’t moved more than 200m in any direction. Can't believe I'm writing this, [...]

  • The art of inclusivity: Any path to a fairer economy should have culture at its heart

    September 24, 2018

       Culture and commerce have thrived alongside one another in the Square Mile for centuries, arguably since it was a bustling Roman port and commercial centre. Today, the City of London is home to a number of world-leading cultural institutions, with an enviable reputation for artistic excellence and innovation. You may be surprised to learn [...]

  • Dialling down the music won’t reduce London’s crime rate

    September 24, 2018

       Earlier this year, a drill rap group known as 1011 was issued with a court order banning them from making music without police permission. The five west London teenagers were arrested last year for conspiracy to commit violent disorder. The criminal behaviour court order, requested by the police, specified that the group must notify [...]

  • Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry

    September 20, 2018

    Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]

  • Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry

    September 20, 2018

    Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]

  • City makeover: Planning chief unveils major revamp bid to build more skyscrapers and lure in nightime West End goers

    September 20, 2018

    Ambitious plans to transform London’s skyline and revamp the Square Mile’s muted nighttime economy were unveiled by the City’s influential planning chief today, in a bid to keep the capital’s financial centre a global leader post-Brexit. In a wide-reaching 20 year local plan revealed today, The City Corporation is hoping to enlarge its cluster of skyscrapers [...]

  • City makeover: Planning chief unveils major revamp bid to build more skyscrapers and lure in nightime West End goers

    September 20, 2018

    Ambitious plans to transform London’s skyline and revamp the Square Mile’s muted nighttime economy were unveiled by the City’s influential planning chief today, in a bid to keep the capital’s financial centre a global leader post-Brexit. In a wide-reaching 20 year local plan revealed today, The City Corporation is hoping to enlarge its cluster of skyscrapers [...]

  • Aston Martin confirms London IPO could drive valuation to over £5bn

    September 20, 2018

    Aston Martin’s IPO could value it at over £5bn, it confirmed today. The luxury carmaker is getting into gear for its stock market debut, setting its share price range as between £17.50 and £22.50 for ordinary shares. Read more: Aston Martin to hire Penny Hughes to lead £5bn float That range would give the British [...]

  • Aston Martin confirms London IPO could drive valuation to over £5bn

    September 20, 2018

    Aston Martin’s IPO could value it at over £5bn, it confirmed today. The luxury carmaker is getting into gear for its stock market debut, setting its share price range as between £17.50 and £22.50 for ordinary shares. Read more: Aston Martin to hire Penny Hughes to lead £5bn float That range would give the British [...]

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