Can regulators get the City growing? It will be hard to tell, lawyers warn May 10, 2023 The government may run into trouble as it looks to gauge the impact of City regulators in boosting the growth and international standing of the UK’s financial sector, top lawyers have warned.
Even if you do buy a home, the pestilence of service charges could make it unaffordable May 10, 2023 Tenants and leaseholders have been paying thousands of pounds of overcharge for the services provided by their housing associations because of a lack of oversight and accountability, writes Elena Siniscalco
Starmer is right, we need to give up on the cult of a university education for all May 10, 2023 Keir Starmer won't abolish tuition fees like previously promised. His decision, so contested by many, is the first step towards a more egalitarian education system, writes Paul Ormerod
Credit crunch: Data suggests high street banks reining in small business lending already May 10, 2023 Small and medium-sized enterprises (SMEs) are increasingly concerned about lending conditions as new data shows that high street banks are pulling back from SME lending.
Scandal-stricken Home REIT set to appoint property giant as new investment manager May 10, 2023 Embattled social housing investor Home REIT is set to appoint property giant AEW as its new investment manager as it looks to move on from a string of scandals over the past seven months, City A.M. has learned.
Bitcoin sets new daily transaction record amid Ordinals trend as crypto miners face potential energy tax May 9, 2023 Data from CryptoCompare shows the price of Bitcoin (BTC) started the week moving from around $27,500 to a $29,500 high.
London Mayor: Two Tories officially throw their hat in the ring to take on Sadiq Khan May 9, 2023 Ex-Boris Johnson advisor Samuel Kasumu and former City Hall Tory chief Susan Hall have announced they plan to stand as Conservative candidate to run against mayor Sadiq Khan. The news came as the party opened the race to decide its mayoral pick ahead of a July 19 deadline, giving the chosen name 10 months to [...]
Truss to Taiwan: Former PM to rile Beijing with visit to under-threat island May 9, 2023 Former prime minister Liz Truss is set to continue her comeback tour with a visit to Taiwan. She is expected to deliver a speech there next week amid fears over what the trip could mean for UK-China relations, after foreign secretary James Cleverly warned Britain should not “pull the shutters down” on the Asian superpower. [...]
Starmer refuses to rule out Lib Dem coalition May 9, 2023 Sir Keir Starmer has repeatedly refused to rule out a coalition with the Liberal Democrats if he does not secure a majority at the next general election. The Labour leader on Tuesday refused to rule out a pact with Sir Ed Davey’s party despite emphatically saying he would not team up with the Scottish National [...]
US regional banks slip again as PacWest leads peers lower following Fed’s lending survey May 9, 2023 US regional banks continued their slide on Tuesday with Western Alliance dragging down a number of its peers the day after the Fed’s latest lending survey. LA-based lender PacWest was trading nearly seven per cent lower while Western Alliance was nearly five per cent lower. Fellow struggling regional lender Comerica was 3.6 per cent down. [...]
