Who is the Lifetime ISA for? February 28, 2025 Lifetime ISAs have been the focus of policymakers’ considerations as they consider how to reform and simplify the UK’s savings landscape. In January, the Treasury Committee called for evidence from industry on whether the Lifetime ISA remains fit for purpose nine years after its creation. It has asked how the product could be reformed or [...]
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 [...]
The UK needs a rules-based zoning system for planning February 28, 2025 Under the discretionary planning system created in 1947, no part of England has ever been able to harness private sector development to meet housing targets at the scale we now need. It’s time for a radical overhaul, says Andrew Carter The government has rightly made improving workers’ take-home pay a measure of success for this [...]
Gatwick expansion raises questions over Heathrow third runway, Khan says February 27, 2025 Sir Sadiq Khan has said the government’s pathway towards approving plans for use of a second runway at Gatwick “begs the question” over the need for a third runway at Heathrow. The mayor of London made the comments following the launch of his London Growth Plan at Imperial College this morning which sets out how [...]
Starmer under US pressure to reject Chinese “super-embassy” in London February 27, 2025 Two senior figures in US-China relations in Congress have called on Lord Mandelson to block the development of a huge 700,000 square foot Chinese ‘super-embassy’ in the heart of London – in a fresh diplomatic headache for Sir Keir Starmer ahead of his crucial meeting with President Trump. Reps John Moolenaar and Chris Smith, in [...]
Market depth will be key to IPO choice, Monument boss says February 27, 2025 Ian Rand, the former Barclays executive and boss of Monument Bank, spoke to City AM about the bank’s criteria in choosing where to list. Monument spiked the City’s speculation following reports it was looking to go public in the US by 2027 – in what would be another huge blow to the London market. The [...]
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 [...]
WTA Tour hires London agency Nomad Studio for ‘bold’ rebrand February 27, 2025 The WTA Tour has engaged London design agency Nomad Studio, whose clients include the Premier League and Rolls Royce, to launch a wide-ranging rebrand today. The rebrand of the women’s tennis tour includes a new logo, bright green and purple palettes, and slogan – “Rally the world” – designed to be “bigger, bolder and built [...]
London Stock Exchange owner downplays extent of listing exodus February 27, 2025 The owner of the London Stock Exchange dismissed the gloom that is plaguing London’s public markets, pointing to its solid performance relative to European counterparts. Speaking alongside his firm’s full-year results, David Schwimmer, the veteran boss of the London Stock Exchange Group (LSEG), reiterated his view that UK IPOs would pick up this year, saying [...]
CEO brands B Corp status ‘greenwashing’ as she gives up title February 27, 2025 The founder and chief executive of a London-based pet food brand has said she’s decided to give up her firm’s B Corp status after criticising the coveted certification as “little more than a marketing badge and greenwashing”. Entrepreneur Aneisha Soobroyen set up Scrumbles in 2018 and achieved the status a year later. However, the CEO has [...]