What does new City minister Rachel Blake have in store for the Square Mile? May 15, 2026 The Westminster drama has hit the City in more ways than one. After Wes Streeting’s resignation triggered a mini-reshuffle, Felix Armstrong and Samuel Norman take a look at what the new City minister might have in store. In just under two years, the City has its fourth minister. Tulip Siddiq resigned in January 2025 after [...]
On this day in 1940: McDonald’s is born in a strange kitchen in California May 15, 2026 On this day in 1940, Mac and Dick McDonald opened an octagonal kitchen in San Bernardino and changed food forever, writes Eliot Wilson.
eClerx’s FY26 Revenue at INR 4,217.4 crore, up by 22.6%, Q4 FY26 Revenue at INR 1,135.4 crore up by 23.9% May 15, 2026 Revenue from operations rose to INR 4,117.0 crore in FY2025-26, as compared with INR 3,365.9 crore in FY2024-25, representing a 22.3% Y-o-Y growth. In U.S. dollar terms, operating revenue stood at USD 468.9 million in FY2025-26 versus USD 397.6 million in FY2024-25, representing a 17.9% Y-o-Y growth. Net profit increased to INR 706.2 crore in FY2025-26, as against INR 541.1 crore reported in FY2024-25, representing a 30.5% Y-o-Y growth.
Allica lands £350m in British Business Bank scheme aimed at fintechs May 15, 2026 Allica Bank has bagged lending backing from the UK’s state-owned economic development bank, in a scheme designed to bolster high-growth challengers that lend to small businesses. The London-based fintech – which sealed its status as a $1bn unicorn earlier this year – has landed £350m in the British Business Bank’s ENABLE Guarantee scheme, City AM [...]
Watchdog rules Heathrow third runway could be built by rival bidder May 15, 2026 Heathrow will lose its decades-old monopoly over building and operating new projects at the airport under new proposals tabled by the aviation watchdog, paving the way for a rival operator to build the third runway and new terminal. As part of a review of the airport’s red tape conducted by the Civil Aviation Authority, the [...]
British Gas to cough up £20m for ‘unfair treatment’ of vulnerable customers May 15, 2026 British Gas is set to cough up £20m after the watchdog closed an investigation into the energy giant and found it “fell short in its treatment of an unacceptable number of vulnerable customers”. The investigation looked into British Gas’ treatment of customers who had prepayment meters (PPMs) installed without permission, with consumers set to benefit [...]
Pan Pacific London director: The City is ‘incredibly special’ May 15, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the nominees. Today we caught up with Pan Pacific London director of marketing communications Michelle Whittemore, whose hotel has been nominated in the Best Overnight Experience category. To nominate your favourite Square Mile spots, from bars [...]
Nothing Headphone (a): We review Charli XCX’s new collab May 15, 2026 Charlie XCX has been unveiled as the new face – and presumably ears – of the Nothing headphones (a). Our Life&Style editor Steve Dinneen, of course, was wearing them long before the Brat superstar. Here’s his review of the weirdest headphones on the market. Nothing Headphone (a) | £150 | ★★★★★ | nothing.tech When upstart [...]
Happy 170th birthday British Land – here’s to 170 more years May 15, 2026 Despite facing industry headwinds like high construction costs, property giant British Land is showing no signs of slowing down on its 170th anniversary, says Joanna Hodgson As millions of Brits headed to polling stations last week for the UK local elections, Emma Cariaga couldn’t help but think about the origins of her employer, the property [...]
Year of the fire horse brings glad tidings as Burberry’s bet on China pays off May 15, 2026 FTSE 100 fashion house Burberry had spooked the market with its drastic cost-cutting turnaround, but its full-year results saw the brand canter back to profit. Felix Armstrong looks at the firm’s renewed focus on Chinese consumers British luxury brand Burberry has identified a symbol of “luck and prosperity” according to its latest collection for the [...]