City policy chairman: 10 years on from Brexit, the UK still needs the EU June 1, 2026 The impact of Brexit on the City has been more nuanced than many predicted, but the fundamental reality endures: we still need each other.
Fintech firms grew four times faster than traditional banks in 2025 June 1, 2026 The explosive growth of the global fintech sector continued in the last year, drastically outpacing its incumbent rivals but faced a challenge in cementing its market share. Fintech firms’ average growth rate was four times faster than that of traditional financial services at an average of 22 per cent in BCG’s Global Fintech Report 2026. [...]
Revolut, Wayve and Elevenlabs join European tech sovereignty push June 1, 2026 The founders behind some of Europe’s biggest technology success stories, including Revolut, Wayve and ElevenLabs, have launched a new push for European tech sovereignty as the continent seeks to build homegrown rivals to Silicon Valley. More than 100 startup founders and chief executives have joined a new ‘built in Europe’ campaign spearheaded by venture capital [...]
House prices will fall by two per cent this year – the most since the financial crisis June 1, 2026 House prices will fall by two per cent for the first time since the financial crisis this year, according to Savills, which warned mortgage hikes as a result of the Iran war had “fundamentally changed the outlook for the housing market”. The property giant was forced to revise down its property price forecast for 2026 [...]
Manchester City and Spygate prove lawyer gulf is opening in football May 31, 2026 In February 2023, Manchester City fans unfurled a banner at the Etihad Stadium bearing the words “Pannick on the streets of London”. This play on The Smiths’ 1986 song referred to Lord David Pannick KC, the barrister hired to spearhead the club’s defence against 115 charges for alleged breaches of the Premier League’s financial rules. [...]
‘Defining moment’: UK’s largest train operator enters public ownership May 31, 2026 Ministers have hailed the nationalisation of the of the largest train franchise as a ‘defining moment’ as the government pushes forward with nationalising the railway. Transport secretary Heidi Alexander hailed the nationalisation of Govia Thameslink Railway (GTR), with its services accounting for one in six train journeys in the UK. Its four brands, Southern, Thameslink, [...]
Chaos at Heathrow as burst water pipe causes train cancellations May 30, 2026 Passengers are facing major travel disruption travelling to and from Heathrow airport after a burst pipe ground train services to a halt earlier today. Transport for London said there were no services on the Elizabeth Line between Hayes and Harlington and Heathrow due to a signal failure caused by flooding at Heathrow Terminals 2 and 3. The Heathrow Express was also affected [...]
Neil Woodford criticises BP board for ousting ‘shouty’ chairman May 30, 2026 Once-renowned investment manager Neil Woodford has criticised the BP board for ousting its ‘shouty’ chairman after less than a year in post. Woodford called out the oil giant’s board for removing Albert Manifold after just eight months in the job, noting that he is the third chairman the company has been through in three years, [...]
I’m 50 – but I feel young dining at Simpson’s in the Strand May 29, 2026 Happy birthday to our top columnist – 50 years young and still eating out every night, especially at Simpson’s in Strand where he feels half his age As I turned 50 this weekend, with a solid celebration at Quaglino’s, a friendly journalist advised me that when it comes to writing, less is more. Or in [...]
London was once a destination for the young, now it’s a compromise May 29, 2026 New research shows a third of young Londoners expect to leave within two years. The city is pricing out its talent, says Festus Akinbusoye.