TikTok sheds London staff in major AI push August 22, 2025 TikTok is set to lay off hundreds of staff in its content moderation and security team in London, a decision that has sparked concern just as the UK’s Online Safety Act comes into force. The company, owned by ByteDance, is centralising its “trust and safety” operations globally and plans to increasingly rely on artificial intelligence [...]
Job postings fall in ‘summer slowdown’ August 22, 2025 Fewer jobs postings were made in July in signs that a “summer slowdown” will hit the UK economy and test Chancellor Rachel Reeves’ commitment to get more Brits into work. Data provided by the Recruitment and Employment Confederation (REC) and analytics company Lightcast has shown that there was a 9.2 per cent decrease in the number [...]
Shared Ownership Week – Interview with Angela Barry, Sales Manager at SNG August 22, 2025 To mark Shared Ownership Week in City AM, we sat down with Angela Barry, Sales Manager at Sovereign Network Group, to get her views on Shared Ownership in the current market. Why is 2025 the right time to try shared ownership? At the moment, Shared Ownership is one of the only options for buyers that [...]
“I’ve been recommending Shared Ownership to all of my friends” – Rhianna’s Shared Ownership Journey with L&Q August 22, 2025 Rhianna had been renting in west London for several years – moving around different rental homes in the area. She never thought buying in London would be possible for her, until she heard about Shared Ownership from her colleague. She explains: “I was renting in Acton for three years – I was actually living with [...]
From CND to evangelist: Julia Pyke has nuclear ambitions for Sizewell C August 22, 2025 Julia Pyke has fended off judicial reviews and staunch local opposition, and waded through Britain’s unwieldy Treasury ‘Green Book’ process to get Sizewell C commissioned by the government. Now, she tells Ali Lyon, there’s just the small issue of building what will be the UK’s joint-largest power plant. It was in 1980s Lichfield – the [...]
Genesis Electrified GV70 review: heading off the beaten track August 21, 2025 Genesis is to Hyundai what Lexus is to Toyota – a luxury cousin to a mainstream brand. For years, Lexus was viewed as a retirement treat for the elderly, but it worked hard to change that image, creating one of the all-time great supercars in the LFA and a striking GT in the LC 500, [...]
UK online SMEs confident despite economic headwinds August 21, 2025 A wave of online small and medium-sized enterprise (SME) entrepreneurs are showing confidence in their future, despite wider economic pressures, a new report from eBay UK suggests. The study found that nearly four in five, or 78 per cent, of online small businesses expect to see growth over the next 12 months, with a third [...]
Government takes control of UK’s third-largest steelworks after collapse August 21, 2025 The UK government has taken control of the country’s third-largest steelworks as near 1,500 workers face uncertainty. Speciality Steels UK (SSUK), which owns major sites such as Liberty Steel in Rotherham, South Yorkshire, was put into compulsory liquidation after insolvency courts granted a winding-up order sought by creditors. The creditors said they were owned hundreds [...]
Toast the City: Dine in a former bear pit at Libertine at the Royal Exchange August 21, 2025 Our Toast the City Awards are celebrating the City’s top spots and takes place this October. This week: Libertine at the Royal Exchange. The newly-opened Libertine restaurant at the Royal Exchange is allegedly where bears were kept. I was skeptical until the lady behind the bar told me the whole story, then a waiter corroborated it, and [...]
Monzo ramps up the banking battle for Gen Alpha August 21, 2025 Monzo has made a major play to secure the next generation of savers as banking giants look to secure a grip on the Gen Alpha market. The London-based fintech has added a three percent interest rate to its savings account for Under 16s. This catapults Monzo above its rivals’ rate offer for children’s accounts. TSB [...]