‘Twenty years of caution’: Banking industry ramps up efforts to fix ‘anaemic’ UK growth May 11, 2026 The UK’s industry body for banking has stepped up its lobbying efforts for the government to improve “anaemic” growth figures and bolster the financial services sector. A new report published by UK Finance – the body representing around 300 firms that provide UK banking services – has issued a nine-point plan, which calls for “clear [...]
Starmer serves up his best and empty platitudes May 11, 2026 If today’s relaunch-not-relaunch buys Keir Starmer any additional time in Downing Street, it will only be due to the extraordinary fecklessness of his would-be challengers, none of whom has anything significant to say about change either, says Eliot Wilson Is Sir Keir Starmer all right? There is a reason I ask. At last week’s local [...]
CMI Financial Group Secures Senior Financing from Royal London Asset Management May 11, 2026 One of the United Kingdom’s most respected asset managers, this financing signals positive momentum for the Canadian residential lending sector and real estate environment
Burges Salmon and Wexler roll out firm-wide legal AI partnership May 11, 2026 Leading UK law firm Burges Salmon is rolling out a new company-wide partnership with legal tech startup Wexler to aid lawyers in litigation work, City AM can reveal. The Bristol-headquartered legal practice said Wexler is “a reliable option” and the firm-wide partnership follows “a successful integration” of adopting Wexler in the Dispute Resolution team in [...]
Starmer to nationalise British Steel in bid to save premiership May 11, 2026 Keir Starmer has promised to nationalise British Steel and prioritise closer ties with the European Union in a make or break speech to save his premiership after a bruising set of local election results. Speaking after a weekend of frenzied speculation on his future in Number 10 Downing Street, the Prime Minister rejected calls for [...]
Lime races SpaceX and OpenAI to IPO as revenues soar May 11, 2026 Lime, the Uber-backed e-bike giant, filed for a Nasdaq listing over the weekend, joining a growing cohort of tech giants racing toward public markets this year. The Silicon-Valley based micromobility titan, known for its ubiquitous green bikes, plans to list on Nasdaq this year, following revenues jumping 29 per cent to $886.7m (£665m) in 2025, [...]
Bring back Burnham now! May 11, 2026 Voters have sent the clearest possible message that they are sick of the Starmer government. Andy Burnham is the only man who can make Labour popular again, says John McTernan The verdict is in. The country has had enough of this Labour government. The election results could not have been any starker. The SNP returned [...]
Eon, Hometree strike deals to snap up parts of Ovo Energy May 11, 2026 Two arms of Ovo Energy have been snapped up by separate buyers, ending uncertainty over the retail energy giant’s future. German energy firm Eon is to acquire Ovo’s retail business, creating one of the UK’s biggest energy operators with around 10m combined customers, while Ovo’s Home Services arm, including Corgi Homeplan and Homepeat, is to [...]
From the ashes of the Great Fire, London’s insurance industry was born May 11, 2026 London is not only the birthplace of modern insurance, but the world's leading reinsurance market. Let's celebrate it, says Susan Langley.
London to be hit hardest as jobs market struggles through 2026 May 11, 2026 The jobs market is set to worsen throughout the year, with UK employment forecast to suffer a net loss of 163,000 jobs. That’s according to research from the ITEM Club, which has found that London is set to bear the largest absolute decline, shedding an estimated 25,000 positions as its retail and hospitality sectors slow. [...]