Bishopsgate robbery: Two jailed for knife attack in City causing ‘savage injuries’ August 11, 2023 Two men have been jailed for their part in a daytime robbery and knife attack in central London in which members of the public suffered “savage injuries”. Tyrone Dean, 24, and Louis Parkinson, 26, wore masks when they tried to snatch mobile phones and flee on bicycles on October 6 but their plans were thwarted [...]
UK economy shrugs off recession risk after growing faster than expected August 11, 2023 The UK grew faster than expected in the second quarter of the year as the economy proved itself more resilient to rising rates than many had expected, helping to reduce the risk of recession. Across the second quarter, the economy grew 0.2 per cent following a 0.1 per cent expansion in the first quarter, the [...]
Car insurance premiums hit highest levels since records began August 11, 2023 Motor insurance premiums have soared to their highest levels since records began, according to research from the Association of British Insurers (ABI). Over the last year, the average price paid for car insurance rose 21 per cent to £511, the highest since the ABI began collecting data in 2012. The ABI said that “sustained cost [...]
Profit not process: How our banks grew too bureaucratic for their own good August 11, 2023 Judgement is being impaired by bureaucratic process, write two of the City's foremost lawyers
We can brag about climate investment, but too many start ups are still a very light green August 11, 2023 More and more companies are embracing impact investing, but regulations are burdensome and end up excluding small companies and investors and emerging start-ups. This must change, writes Tove Larsson
HS2 status update: Now they’re burying the diggers August 10, 2023 Engineers are being forced to bury diggers at Old Oak Common in case ministers give the go-ahead for project's Euston leg
Drax given biomass boost but support comes with strings attached August 10, 2023 Drax has received a fresh boost for its biomass ambitions with the government committing to continued support for the industry.
North and West London faces ‘bus standstill’ as workers vote on strike action August 10, 2023 North and West London’s bus network could grind to a halt this autumn, the Unite Union has warned, as hundreds of workers are to be balloted for strikes in an ongoing dispute over pay. 500 employees French-owned operator RATP in London will vote over the next month on whether to launch a campaign of industrial [...]
US inflation rises slightly. Will the Fed hike rates again? August 10, 2023 Inflation rose to 3.2 per cent in the year to July, according to official statistics out today, up from 3.0 per cent last month.
Online travel agents urge government to investigate Ryanair over ‘invasive’ booking system August 10, 2023 A coalition of Europe’s largest online travel agents has called on UK regulators to urgently investigate potential “infringements of customers’ data privacy rights” by Ryanair, escalating a long-running row between the groups. In a letter addressed to the CMA, CAA and ICO, companies including Expedia Group, On the Beach and Skyscanner argued that Ryanair’s verification [...]
