Fancy a Mayor of London cocktail? Bar chain may name drink after Khan over Friday tube fare trial March 2, 2024 Pubs, bars, restaurants and entertainment venues were breathing a sigh of relief this morning, after the Mayor of London announced a three month trial for off-peak tube and rail tickets on Fridays.
US markets on best run since 1971 – but how does the FTSE 100 stack up? March 2, 2024 The S&P 500's remarkable run mainly stems from bets that the Fed will start cutting interest rates in 2024.
Lumo chief: More commercial freedom will bring down rail fares March 2, 2024 Bringing more commercial freedom to the UK's rail system will help bring down fares for passengers, the boss of Lumo and Hull trains has argued.
Why did Bitcoin surpass £50,000 for the first time this week? March 2, 2024 Bitcoin prices hit their highest ever level on Thursday, surpassing £50,000 for the first time. After peaking in 2021 at the $60,000 mark, it then eventually crashed to around $17,000 last year, but has now recovered. Jason Hollands, managing director at Evelyn Partners, said that the recent rally had “almost certainly been powered by its [...]
Jeremy Hunt piles pressure on pension funds to back British firms in fresh City shake-up March 2, 2024 Pension funds will be forced to reveal how much of their cash is invested in UK companies and poorly performing schemes will be blocked from taking on new business, in a bid to get retirement cash flowing into the economy, the Treasury has announced,
Women more likely to find top roles at family-run businesses – here’s why March 1, 2024 The analysis, compiled from the 2023 London Stock Exchange and IPO data and conducted by Investec Wealth & Investment (UK), showed just 16 per cent of directors of the firms that completed IPOs in 2023 are women.
Five questions with Jenny Biggam, founder of the7stars media agency March 1, 2024 Placing the spotlight on the behind-the-scenes moments shaping some of the UK's most exciting businesses, Jenny Biggam, founder of the7stars media agency, is the first to take part in our founder pen pal series.
Elon Musk files lawsuit against OpenAI and Sam Altman amid regulator scrutiny over Microsoft March 1, 2024 Elon Musk has taken legal action against OpenAI and its chief executive, seeking to force it to return to its founding principles over profit.
London’s tourist tax: 63 per cent of international tourists would spend more if levy was scrapped March 1, 2024 Some 63 per cent of international tourists would be more likely to make large purchases in the UK if tax-free shopping was re-introduced, fresh polling has revealed. The bombshell data, launched before the Spring Budget, where there have been rumours it could be scrapped, is based on a study of 8,000 people from the USA, [...]
Start-up splash: British Business Bank’s ‘mandate’ could change to beef up growth investment March 1, 2024 A new government could change the mandate of the state-backed British Business Bank to enable it to ramp up investment into bigger start-up rounds, its chief executive has suggested. Speaking with City A.M.’s Bonds & Ballots series, Louis Taylor, the chief executive of the state-owned development bank, said there “is some scope” for a new [...]
