Global city rankings: London shines but appeal ‘hurt’ by cost of housing September 15, 2026 London’s ‘quality of life’ score has been dragged down by a housing affordability crisis as workers spend more as a share of their income on housing than residents of “nearly every city in the world”, a new report has found. The latest Global Cities Index by Oxford Economics found that Londoners’ financial wellbeing was hindered [...]
500m bricks ‘just sitting there’ as 1.5m homes target looms September 14, 2026 There are half a billion bricks lying unused in Britain, it has been revealed, piling fresh pressure on the government’s “stretch target” of building 1.5m homes by the next election. As many as 500,000,000 bricks – enough to build 50,000 homes – are “just sitting there” in factory yards across the country, the GMB Union [...]
Gaming platform Roblox sues British charity September 14, 2026 The group behind US gaming giant Roblox is suing a UK food brand and its philanthropic arm over alleged intellectual property infringement. Roblox Corporation, the Californian video game developer, filed a lawsuit in the London High Court on Friday against Roc Co, a British grocery business, and its charity arm, according to filings seen by City [...]
Battersea Power Station enters final ‘playful’ phase of £5bn project September 14, 2026 Battersea Power Station has entered the final phase of its £5bn regeneration project after its Malaysian owners submitted plans for the site’s remaining 16 acres. The neighbourhood’s newest development will add as much as 3.2m sq ft of residential, commercial and leisure space to the area, more than 15 years on from the original plans [...]
City policy chair: new taxes on financial services would threaten our prosperity September 14, 2026 The City stands ready to help the Chancellor deliver good growth in every postcode at the Budget, says Chris Hayward Recent years have been challenging for people, policymakers and industry leaders alike. Conflicts have been compounded by subsequent, successive economic shocks; damaging supply chains and leaving less well-prepared boardrooms bewildered. Globally, public finances are under [...]
London software stocks enjoy ‘boon’ after calls for AI slowdown September 14, 2026 London-listed software stocks jumped on Monday as calls from the world’s biggest AI companies to slow development offered some relief to businesses previously seen as vulnerable to the technology. Sage climbed more than five per cent to rise the fastest among FTSE 100 firms, while RELX also rose after Anthropic, OpenAI and Elon Musk backed [...]
Nationalising London buses fixes a nonexistent problem September 14, 2026 City Hall already controls London’s bus network, so why is Sadiq Khan humouring a proposal to build a publicly owned bus operator.
London Lions and NordVPN owner signs up NBA legend Shaquille O’Neal September 14, 2026 The owners of cybersecurity firm NordVPN and British basketball champions London Lions have signed up NBA legend Shaquille O’Neal as an ambassador. The 7ft 1in O’Neal, a four-time NBA champion and member of the USA Dream Team who won Olympic gold at the Atlanta 1996 Games, is promoting NordVPN under the slogan “Go big on [...]
Revolut facing extortion threat after hackers steal customers’ data September 14, 2026 A group of Revolut hackers are threatening to release stolen customer data unless they receive payment from the fintech, after the company inadvertently handed over a trove of users’ private information. The digital banking giant said over the weekend a “very limited” number of customers had been affected by an impersonation scam, which compromised data including [...]
Mike Ashley’s Frasers ousts Hugo Boss chairman September 14, 2026 Frasers Group, the retail empire run by Mike Ashley, has overthrown the chairman of Hugo Boss as it seeks control of the German fashion house. The UK fashion group, which owns Sports Direct, Jack Wills and Flannels, told investors on Monday that Stephan Sturm, chairman of Hugo Boss’ supervisory board, has agreed to step aside. [...]