Transparency group calls for Siddiq to step back from anti-corruption brief January 13, 2025 Embattled City minister Tulip Siddiq should relinquish the economic crime and corruption element of her remit in light of ongoing investigations, the UK’s leading anti-corruption body has said. The UK Anti-Corruption Coalition (UKACC), a group of leading British transparency organisations, said in a statement that Siddiq “has a serious conflict of interests”, irrespective of the [...]
UK airport growth shows no signs of slowing as key expansion decisions loom January 13, 2025 Surging passenger traffic at UK airports has shown no signs of slowing as officials continue to deliberate over key expansion decisions in the coming months. Both Heathrow and London Stansted reported record annual passenger numbers on Monday, with 84m and 30m flyers passing through each hubs’ gates in 2024. The figures will come as little [...]
Quinn Emanuel: US law firm’s City of London office revenue soars January 13, 2025 US law firm Quinn Emanuel’s revenue over 2024 in London was up double-digits as litigation continues to boom
Starmer declines to confirm Reeves will be Chancellor at next election January 13, 2025 Sir Keir Starmer has declined to confirm that Rachel Reeves will be Chancellor at the next general election. The Prime Minister was asked about Reeves’ role following a speech in London on artificial intelligence (AI) and insisted he was “completely confident” in her. However, he declined to guarantee she would still be in post at [...]
Chauffeur firm Blacklane looks to ‘double down’ on London after Saudi cash injection January 13, 2025 Luxury chauffeur service Blacklane is looking to “double down” on London after announcing its largest-ever funding round late last year. The Berlin-based firm, which counts Mercedes-Benz and the Saudi Public Investment Fund (PIF)’s Tasaru Mobility among its investors, raised £53.5m in October amid long-running reports of a possible Initial Public Offering (IPO). Blacklane’s airport transfer [...]
Anthony Joshua joins padel craze by investing in Murray’s Hexagon Cup team January 13, 2025 Boxer Anthony Joshua has teamed up with fellow British sporting great Andy Murray by becoming a co-owner of his Hexagon Cup-winning padel team. Joshua has joined Murray, tennis coach Dani Vallverdu and businessman Arran Yentob in the ownership group of Team AD/vantage as the British entrant bids to retain its crown this month. They will [...]
We need a government that gets business, not businessmen running government January 13, 2025 The idea that business leaders can transform the way government works didn’t start with Elon musk, but success in politics demands different skills to entrepreneurship, says Eliot Wilson Business feels let down by the current government. Before the general election, Sir Keir Starmer and his shadow chancellor, Rachel Reeves, staged an updated performance of the [...]
London Stansted reports busiest ever year as £1.1bn expansion gets underway January 13, 2025 London Stansted has reported a record year of passenger traffic as it pushes ahead with a £1.1bn expansion plan unveiled in the Autumn Budget. The hub to the North East of London welcomed 29.8m passengers in 2024, a 5.8 per cent increase on the previous record of 28.1m in 2019. It followed the airport’s busiest [...]
Manchester proves industry has the answers to boosting regional growth January 13, 2025 Manchester’s tech sector is one of the fastest-growing clusters in Europe – all thanks to a culture of innovation going back to the industrial revolution, says Alison Ross When Boris Johnson was Prime Minister, I developed a fierce hatred of the phrase ‘levelling up’, even stronger than the antipathy triggered by the ‘Northern Powerhouse’ motif [...]
ICONOMI: Crypto Investments for Tomorrow January 13, 2025 ICONOMI is a leading crypto portfolio management platform that bridges the gap between traditional and digital investing. Founded in 2016 and headquartered in London, UK, ICONOMI empowers individuals, businesses, and financial professionals to easily manage and grow their crypto investments with a secure, user-friendly platform. Our mission is to simplify crypto investing for a wide range of users, [...]