Ryanair: Irish eyes are smiling as airline nears passenger milestone June 2, 2023 Ryanair is closing in on a 40 per cent year on year passenger number increase, with a bumper May leaving 2023 up 39 per cent on the first five months of last year. Fears that aviation would be permanently smaller due to the Covid-19 pandemic appear to have played out in business travel but the [...]
Car industry: Throwing money at the issue won’t solve UK’s post Brexit problems, think tank warns June 2, 2023 The UK must not enter a subsidy race with the US and EU to save its auto industry from problems such as a flagging electric vehicle (EV) segment and a post-Brexit drop in investment, an influential Tory think tank has warned. A new report from the centre-right Policy Exchange argues that targeted government subsidies will [...]
London can lead the financial world thanks to its command of artificial intelligence June 2, 2023 Despite some ringing alarm bells, London is still the leading financial centre. And much credit goes to its ability to harness new technologies like it has done with artificial intelligence, writes Gerald Chappell
A renovated Fleet Street will make London a stellar example of how modern cities work June 2, 2023 Fleet Street will soon be transformed into a vibrant, lively destination for workers and visitors. It will show how London areas can thrive as cities all over the world modernise and change, writes Lucy French
Clinical trials can be our turning point to turbocharge life sciences here in the UK June 2, 2023 Being a leader in clinical trials means approving new groundbreaking drugs at pace. Here in the UK, we're bound by bureaucracy; breaking free would provide benefits for the whole life sciences sector, writes Patrick King
Gordon Brown leads new campaign for radical UK reform – with focus away from London June 1, 2023 A group of leading Labour politicians has banded together to campaign for reform of the UK – with the focus on political and economic centres outside of London. Led by former prime minister Gordon Brown, Welsh First Minister Mark Drakeford, Greater Manchester Mayor Andy Burnham, West Yorkshire Mayor Tracy Brabin and Scottish Labour leader Anas [...]
London Stock Exchange Group shifts FTSE Russell top job to New York June 1, 2023 The London Stock Exchange Group (LSEG) has called in a new boss to head up its indexing business FTSE Russell today - but in a major shake-up up the firm has swapped the top job out of London to New York.
FTSE 100 close: London index claws back losses as pound and oil prices soar June 1, 2023 London’s FTSE 100 clawed back losses today after posting its worst month since last summer in May, led higher by mining giants regaining ground following yesterday’s sharp losses. The capital’s premier index climbed 0.59 per cent to 7,490.28 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]
‘Ukraine’s rightful place is in Nato’: Rishi Sunak promises Kyiv ‘security arrangements’ June 1, 2023 Ukraine’s “rightful place” is in Nato, Rishi Sunak has said. The Prime Minister is in Moldova for a gathering of European leaders, with his comments coming after a meeting with Ukrainian president Volodymyr Zelensky. Kyiv has long called for Ukraine to be admitted to Nato, but allies are divided about when and how any accession [...]
Record £9bn pumped into ISAs as Brits capitalise on higher interest rates June 1, 2023 Brits are yanking cash out of high street savings accounts and piling it into products that tie up their money for a longer period in exchange for a better interest rate, official figures out today show. Savers dropped £3.6bn into banks and building societies in April, nearly all of which went into fixed savings accounts [...]
