HS2 pushed government to keep ‘unjust’ compensation rules for ousted locals February 12, 2025 Bosses at HS2 pushed the government to keep an obscure law that enabled it to pay millions less in compensation to residents and businesses forced from their homes during construction, City AM can reveal. Internal documents obtained via FOI show how HS2 understood the arcane clause would cause “significant distress” and destroy jobs and livelihoods, [...]
High Court sides with FTSE 100 giant Intermediate Capital Group over spat with Irish investor February 12, 2025 "We are very pleased with the outcomes" a spokesperson from FTSE 100 private equity giant ICG said after investor Barry Maloney claim failed at the High Court
BHP: Mining giant which quit FTSE appoints former RBS chief as chair February 12, 2025 Mining group BHP has announced the appointment of former RBS chief Ross McEwan as chair, following the retirement of incumbent Ken Mackenzie at the end of March. Stepping into this role, McEwan will oversee the selection of the mining giant’s next chief executive, as reported by Reuters. He will also consider renewing the firm’s plans [...]
Ahead of the Game: Six Nations TV rights tender hit by delay February 12, 2025 The Six Nations TV tender has been put on hold due to delays in finalising the format of the new global Nations Championship, which will launch next year. The 12-team tournament will definitely take place, with each nation playing three games in each hemisphere followed by play-offs in London, but the Six Nations and Sanzaar [...]
City chief to warn UK has become ‘allergic to risk’ February 12, 2025 The UK has become “allergic to risk”, the antidote to which “can’t come soon enough”, the City of London’s policy chair will warn in a speech today. Speaking at an annual jamboree on City policy, Chris Hayward will call for a cultural overhaul of how politicians and regulators perceive risk, and propose a slew of [...]
Tired of London: Why is the capital losing hope? February 12, 2025 City dwellers tend to be more optimistic about their neighbourhood than those who live in town but, worryingly, London is bucking the trend. We all have a stake in our capital’s success. So what’s going wrong? Asks Simon Clarke “When a man is tired of London, he is tired of life”. Samuel Johnson’s famous aphorism [...]
Heathrow to unveil billions in investment and pledge to use UK steel for third runway February 11, 2025 Heathrow has confirmed a multibillion-pound investment in major upgrades to the airport, including plans for a third runway, in a move expected to unlock thousands of UK steel jobs. Heathrow chief executive Thomas Woldbye is expected to lay the groundwork for what is the largest private investment programme in Heathrow’s history in a speech on [...]
As the US snubs Paris summit, how can we keep AI under control? February 11, 2025 The US and UK have refused to sign a declaration on AI safety at the Paris Summit. Is there a 'third way' for regulation, asks Russ Shaw.
London restaurants honoured in 2025 Michelin guide February 11, 2025 Jason Atherton’s iconic Tower 42 restaurant City Social was stripped of its Michelin star at the food guide’s annual awards ceremony this week. In a bittersweet evening for Atherton, his new Row on 5 restaurant on Savile Row – seen as the celebrity chef’s flagship venue following the closure of Pollen Street Social last year [...]
Kolkata Knight Riders lose Trent Rockets Hundred team to Chelsea owner February 11, 2025 The face of Chelsea’s US ownership group, Todd Boehly, has won the auction to purchase 49 per cent of the Trent Rockets Hundred franchise. The deal, which would value the Nottingham-based team at £79m, is the penultimate Hundred franchise to be sold, with Southern Brave expected to be auctioned to Hampshire owner the GMR Group [...]