City of London seizes dockless e-bikes in Lime and Forest crackdown February 10, 2025 The City of London Corporation has seized more than a hundred dockless e-bikes as part of a crackdown against operators’ Lime and Forest. The Square Mile’s local authority said it had confiscated bikes that were found to have obstructed or caused immediate danger to others, over a two-week enforcement period. The bikes were stored in [...]
GDP figures to pile further pressure on Reeves as recession risks mount February 10, 2025 New figures set to be released on Thursday are expected to show that the UK economy shrunk 0.1 per cent in the three months to December.
UK economy: Britain’s resilience to tariffs could support pound sterling February 10, 2025 Sterling could outperform against the euro in the coming weeks because the UK is less exposed to the threat of Donald Trump's tariffs, analysts think.
Heathrow: BA and Virgin in call for ‘urgent’ reform before expansion February 10, 2025 Heathrow’s airlines have joined forces to call for an urgent re-think of the way in which the hub is regulated, amid soaring passenger charges and a general decline in standards. Virgin Atlantic, the IAG and Heathrow AOC, which represents the interests of the airport’s airlines, urged the aviation regulator on Monday to launch a “fundamental [...]
Gusbourne: Wine maker faces delisting from London’s AIM as shares plummet February 10, 2025 Shares in Gusbourne dropped more than 34 per cent this morning after the English winemaker announced it would consider delisting from London’s junior stock market, AIM. In an announcement to the London Stock Exchange, Gusbourne said it had received a letter from majority shareholder Lord Ashcroft, requesting it to hold a meeting to consider going [...]
Steel tariffs: UK ‘ready for all situations’, No10 says on Trump threats February 10, 2025 The UK is “ready for all situations” and ministers will “engage as appropriate”, No10 has said, in the wake of Donald Trump’s threat to impose tariffs on steel and aluminium imports into the US It follows a government minister saying Britain will have to “wait and see” if Donald Trump “gets more specific” about his [...]
Trump tariffs could have ‘devastating blow’ on steel industry February 10, 2025 Speaking from Air Force One last night, Trump said the tariffs would cover "everybody", which will be a major hit to Canada and Mexico, two of the US's largest steel trading partners.
Filtronic shares soar as defence firm pens fresh deal with Elon Musk’s SpaceX February 10, 2025 British defence and telecoms firm Filtronic has penned a further multi-million-pound deal with SpaceX, the aerospace behemoth owned by Elon Musk. The company won a contract with SpaceX, worth almost £17m for the financial years 2025 and 2026, according to the firm, which made the announcement to markets this morning. Filtronic, which designs and makes products [...]
Rachel Reeves to meet bank bosses as growth agenda stalls February 10, 2025 Chancellor Rachel Reeves is set to meet top bank bosses this week in the latest attempt to kickstart her growth agenda. The embattled Labour chancellor has reportedly called in top executives at Barclays, Lloyds Banking Group, NatWest and Nationwide, according to Sky News’ Mark Kleinman. This comes as the government’s growth strategy continues to falter. [...]
Labour market: Vacancies ‘tumble’ in January ahead of Labour’s tax raid February 10, 2025 Demand for staff fell at its greatest extent since August 2020, a new report from KPMG and the Recruitment and Employment Confederation (REC) said.