The Square Mile’s latest office transformation gets green light May 19, 2025 A huge redevelopment of 1 Moor Lane has been given the green light by the City of London Corporation as the Square Mile looks to boost its office capacity. The all-electric transformation of the building by Brookfield Properties will add 300,000 sqft (27,000 sqm) of grade-A offices to the City, increasing the amount of office [...]
Uber ready to go driverless in the UK May 19, 2025 Uber has declared itself “ready to go” with driverless taxi services in the UK, saying it could roll out the technology immediately if regulators give the green light. Andrew Macdonald, the taxi giant’s senior vice president of mobility, told the BBC the company is prepared to deploy robotaxis as soon as the “regulatory environment is [...]
iForex confirms London listing plans and adds City veteran to board May 19, 2025 Fintech trading platform iForex confirmed its plans for a London-lisiting on Monday morning in a major boost to the embattled market. The fintech said following an initial public offering (IPO) its shares will be traded on the main market of the London Stock Exchange. Its admission is expected in late June 2025. The firm – [...]
EY’s £2.7bn legal fight over NMC Health audits May 19, 2025 A mammoth legal fight against EY over its auditing of a former London-listed health giant that collapsed after allegations of fraud starts today
Allianz GI: UK investors must do more to attract tech firms to LSE May 19, 2025 A flood of British tech firms dropping London in favour of a New York IPO is only set to increase, a boss at Allianz’s investment arm has warned. Jeremy Gleeson, technology CIO at Allianz Global Investors, has no UK companies in his global tech fund, citing their high price and small availability. “One of the [...]
Guinness maker Diageo to offset US tariffs with cost cuts May 19, 2025 London’s biggest drinks business, Diageo, has unveiled a $500m (£375m) cost-cutting programme as it struggles with the impact of US tariffs. Guinness and Johnnie Walker maker Diageo said it would make the cost savings over the course of three years, but did not confirm how many jobs would be impacted by the move. The firm [...]
Shoreditch Works is a development the whole of London should seek to replicate May 19, 2025 Plans for Shoreditch Works show it is possible to build beautiful places that people actually want. The rest of London, take note.
The defence industry shouldn’t expect a gold rush May 19, 2025 Despite all their talk, Labour's promises won't mean a gold rush for the defence industry, writes Eliot Wilson.
Labour to back use of ChatGPT and AI in schools May 19, 2025 The UK will back international guidelines on using generative AI such as ChatGPT in schools, the Education Secretary is set to announce. In a speech to the Education World Forum in London on Monday, Bridget Phillipson will aim to put Britain at the forefront of a “revolution” in education technology. As well as funding efforts [...]