Eurostar announces new name and brand identity – as Eurostar January 24, 2023 Eurostar has unveiled its new brand identity complete with a logo, symbol and name: Eurostar. The high-speed rail line’s regeneration includes bringing in French-Belgian high-speed train operator Thalys and Eurostar under one company name, the Eurostar Group. Announcing the move on Tuesday, all of its 51 trains will carry a new star symbol by the [...]
Eurostar forced to leave hundreds of seats empty on London routes to avoid Brexit-induced long queues January 24, 2023 Eurostar is being forced to leave hundreds of seats empty on trains to and from London to avoid long queues at stations, the cross-Channel train operator said. Chief executive Gwendoline Cazenave said a reduction in the number of border officials is driving an almost 30% increase in the time it takes to process passengers departing [...]
UK’s ‘science superpower’ dreams at risk due to HMRC crackdown on R&D tax relief fraud January 24, 2023 The UK’s goal to become a ‘science superpower’ is at risk as an increasing number of British firms move their R&D activity abroad, due in part to HMRC’s crackdown on fraudulent tax relief claims, a new report says. More than two-thirds (69 per cent) of UK businesses moved R&D activity abroad last year, figures from [...]
A recession will end the era of free money and tip the scales back to the Big Banks January 24, 2023 The fintech industry and its founder has grown up in an era of free money and this is their first taste of a recession, it might give big traditional banks their dominance back, writes Nick Parminter The prevailing narrative in the corporate innovation bull market of the last 12 years was that “you can’t cut [...]
Almost no one is happy with Brexit, but stronger EU ties will be in inches not miles January 24, 2023 A Swiss-style relationship with the EU post-Brexit is not on the table. The government must find a smart way forward focusing on the key areas where strong cooperation is most needed, writes Joel Reland
Bankers switching firms trouser more than 20 per cent pay bump January 23, 2023 City bankers, brokers and insurers switching to a rival firm trousered a more than 20 per cent pay bump last year, new research out today shows. The Square Mile’s best and brightest are switching companies in a bid to capitalise on rapid wage inflation in the financial services sector. According to recruiter Morgan McKinley, the [...]
KERB: How London street food giant behind Seven Dials Market aims to make Berlin taste better January 23, 2023 The London street food favourite behind Seven Dials Market, KERB, is expanding via a venue in Berlin’s famous Potsdamer Platz. German foodies will be able to indulge their palates across a two-story street food market which is set to open in the Sony Centre by next year. The market will showcase 12 independent food vendors [...]
Aviva is ‘very happy’ with UK’s post-Brexit Solvency II reforms, top exec says January 22, 2023 Aviva is “very happy” with the current state of the UK’s plans to overturn the EU rules that govern the amounts of capital insurers must hold on their balance sheets, one of the firm’s top execs told City A.M. Adam Winslow, the chief executive of Aviva’s UK & Ireland general insurance business, said Aviva is [...]
Explainer: Why are the super rich leaving London? January 20, 2023 And why did the extra-rich settle down in London in the first place?
UK signs export finance deal with Egyptian construction titan in boost to post-Brexit trade with Africa January 20, 2023 UK Export Finance has agreed a post-Brexit deal with one of Egypt’s biggest construction and engineering firms, Hassan Allam Holding, to increase cooperation across Africa. Hassan Allam is one of the largest firms in the country, spanning areas including investment and development companies in Egypt. It has a vast a portfolio of projects ranging from [...]