Why £250m won’t solve TfL’s funding problems December 19, 2023 Transport for London (TfL) has finally struck a deal with government to address its ongoing financial problems - but is it enough?
Christmas waste drove me crackers – now I sell reusable ones December 19, 2023 City A.M. meets the entrepreneur who started a reusable Christmas cracker business after being shocked by the waste from a festive party.
Banks increasingly closing defence firms’ accounts, trade body warns December 19, 2023 Trade bodies are seeking to reassure the defence industry after more than a dozen firms in the sector had their bank accounts closed, with the Ministry of Defence warning that excessive ESG banking and investment policies are "dangerous" for national security.
Nasdaq getting ‘a lot of calls’ from UK firms seeking a listing, says top exec December 18, 2023 The City’s mission to address the sharp fall in listing activity was dealt another blow today after a Nasdaq executive claimed “a lot” of UK firms were calling the bourse with interest in listing on the US index.
Online luxury retailer Farfetch sold to Coupang in £396m rescue deal December 18, 2023 Farfetch has been bought by South Korean e-commerce group Coupang as part of a last-minute rescue deal for the struggling online luxury retailer.
David Cameron calls for Jimmy Lai’s release amid national security trial December 18, 2023 David Cameron has called for pro-democracy newspaper publisher Jimmy Lai to be released, as his high-profile trial in Hong Kong gets underway.
Cheers to that! Square Mile to welcome five new pubs for returning City workers December 18, 2023 Surging use of the London Underground, and the Elizabeth Line in particular, has lifted demand for new hostelries
Rise in living wage spells further misery for retailers, businesses warn December 18, 2023 Hollywood Bowl boss brands pay increase as 'unexpected hit'
Revolut to suspend crypto trading for UK business customers as City regulator prepares new rules December 18, 2023 Fintech Revolut is set to pause some of its cryptocurrency services in the UK to adjust to new marketing rules from the City regulator.
Leading lawyer Rachel Kent appointed by Treasury to oversee City watchdog scrutiny December 18, 2023 "The financial services regulators have a significant impact on millions of consumers and firms and it is important that they are subject to effective scrutiny," Kent said.
