Election ploy? Off-peak Friday tube trial was Sadiq Khan’s decision, says TfL July 24, 2024 The trial was branded an "expensive election bribe" by critics of Sadiq Khan after its announcement in the lead up to the Mayoral election.
Build, Baby, Build: If you want growth, you need social housing July 24, 2024 Key workers are being priced out of renting in London, placing huge human and economic costs on the capital. By recognising the value of social housing to people and to the economy, we can make the case to build more much-needed social housing in London and create a more affordable, more inclusive city for all [...]
Labour’s growth push continues with ‘fundamental’ welfare reform promised July 23, 2024 Liz Kendall, the work and pensions secretary, said that her department would become “a genuine department for work” as the new government attempts to tackle the rise in economic inactivity. “DWP has focused almost entirely on the benefits system, and specifically on implementing Universal Credit,” she said in a speech in Barnsley. “Nowhere near enough [...]
LVMH revenue slides as luxury retailer continues to combat uncertain market July 23, 2024 LVMH, the multibillion-pound owner of Dior and Louis Vuitton, has reported a drop in revenue in the first half of the year, joining other major fashion brands which are suffering from a slump in demand. Revenue for the luxury retail brand came in at €41.7bn (£35bn) for the first half of 2024, the firm said [...]
HS2: Cancelling northern leg will cost £100m – and make everything worse July 23, 2024 The total cost of completing High Speed Two (HS2) could reach nearly £60bn, according to the National Audit Office.
Financial advisers are getting old. What happens when they retire? July 23, 2024 With the average age of a financial adviser rapidly approaching 60, the industry is preparing for a reckoning as they frantically attempt to replace those departing.
Prediction markets are starting to take off July 23, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Prediction markets allow users to bet money on specific outcomes. If run on the blockchain, they can be trustless, open and permissionless, meaning that in theory, they [...]
Popular ‘daylist’ helps Spotify grow monthly users and subscribers July 23, 2024 A rise in subscribers helped push profit over the €1bn (£842m) mark for the second quarter in a row.
Is the post Covid boom over? A reality check for Ryanair, Easyjet, Wizz Air and Jet2 July 23, 2024 Monday saw shares in Easyjet, Wizz Air, Jet2 and British Airways owner the IAG plunge dramatically after an unexpectedly poor set of results from Ryanair.
Number of new homes built plunges by a quarter as housing crisis grows July 23, 2024 The number of new homes registered to be built in the UK fell by 23 per cent year on year in the second quarter of 2023, according to figures from the NHBC.
