Pay for Lloyds Bank’s top bosses jumps to £5.6m February 28, 2025 Lloyds Bank’s top executives have received a bumper windfall despite the lender’s rocky results and mass closure of high-street branches. In its annual report published on Thursday, the bank said its top two bosses would receive nearly £2m in bonuses in 2024 in addition to their regular payouts. Chief executive Charlie Nunn will receive a [...]
Oxford Street: Mayor wants ideas on pedestrianising iconic shopping area February 28, 2025 Sadiq Khan is asking Londoners for their ideas on pedestrianising Oxford Street in a bid to transform the iconic shopping district into a “world-class, accessible, clean, avenue”. The Mayor today launched a public consultation on the proposed transformation of the central London road which will run until 2 May 2025. Sir Sadiq is proposing to [...]
Growth plan: Sadiq Khan wants to boost London economy by £100bn February 27, 2025 Sir Sadiq Khan unveiled his plan to “turbocharge” London’s economy, claiming it could boost the capital’s coffers by £107bn by 2035. The mayor unveiled what he’s called the London Growth Plan at Imperial College London’s campus, in a speech to council leaders, businesses and media. Sir Sadiq’s plan for the capital aims to put an [...]
Martin Williams to take over as D&D London boss, now rebranded Evolv February 27, 2025 Former Gaucho boss Martin Williams is to take over as chief exec of D&D London, one of the biggest high-end restaurant groups in the UK. The move will see him take charge of brands including Coq d’Argent, Bluebird, German Gymnasium, Quaglino’s and Angler, which holds a Michelin star. Williams said: “I am delighted to be [...]
A sandwich revolution and the City of London February 26, 2025 The humble sandwich is having a revolution in London, but Carys Sharkey takes a tour of the City to see if bigger is always better In the City, queues spill out of sandwich shop doors as the rigmarole of work is punctured by bread and spread. But the sandwich is no longer a humble thing. [...]
Mythron Cars Healey: Reborn classic sports car is small and mighty February 26, 2025 With its cartoonish ‘Frogeye’ face, Lilliputian dimensions and 43hp engine, the Austin-Healey Sprite wasn’t the obvious starting point for a giant-killing race car. Yet this plucky roadster punched well above its sub-600kg weight, achieving a 1-2-3 finish at the 12 Hours of Sebring in 1959, then a class win for Stirling Moss a year later. [...]
Eat like an Egyptian at amazing new lunch spot Koshari February 26, 2025 The City’s eating and drinking scene has gone into overdrive in recent months and years, with dining options to rival anywhere in London. Our favourite new lunch spot is Koshari Street, which recently opened on Cannon Street. An Egyptian restaurant named after the famous dish of grains, chickpeas and tomato sauce, it’s a great option [...]
Workers’ rights? Labour’s employment bill gives workers a worse deal February 26, 2025 Punishing employers doesn't help workers. Left as it is, Labour's new employment bill will only damage the labour market, writes James Reed.
Getting Brits to invest will take more than tweaking ISAs February 25, 2025 Rachel Reeves is considering reducing the tax-free limit on cash ISAs to encourage people to invest in stock and shares, but she should go even further, says Emma Revell It is one of the most popular and best understood savings tools available for Brits, but there could be a big shake up coming for the [...]
In Starmer’s Downing St, some unions are more welcome than others February 19, 2025 Some unions are just more welcome in Downing Street than others. A couple of weeks ago, leaders of the 11 trade unions formally affiliated with the Labour party were invited to talks in No 10 with Prime Minister Keir Starmer and his deputy, Angela Rayner. The meeting was called to discuss the Employment Rights Bill [...]