HS2: Key Euston contract faces foul play allegations February 3, 2025 Construction giant Lendlease is leading the £4bn regeneration of Euston but is in the process of exiting its international operations.
FCA has the same ‘red flags’ as the Post Office, MPs say in fresh attack February 3, 2025 A parliamentary group on fairer finance has reignited its row with the Financial conduct Authority (FCA) today, comparing the watchdog to the Post Office and accusing bosses of engaging with criticism in a “disappointing, defensive and dismissive” way. In a new report, the All-Party Parliamentary Group on Investment Fraud and Fairer Financial Service, which counts [...]
EY to relocate 1,200 employees to new city office February 3, 2025 Professional services giant EY has revealed plans to relocate 1,200 employees in Birmingham to a new office. The move, scheduled for 2026, will see staff switch from One Colmore Square to Three Chamberlain Square, which is part of the Paradise Birmingham development. EY has been based at its office at One Colmore Square for the [...]
HSBC: FTSE 100 lender’s stock drops after downgrade by Deutsche Bank February 3, 2025 HSBC’s stock price has dropped more than two per cent this morning after being downgraded by Deutsche Bank analysts from a Buy to a Hold. The FTSE 100 bank received a target share price of £9.10 from Deutsche Bank, compared to its current share price of £8.27. “After a substantial increase in share price, the [...]
Businesses welcome Reeves’ growth agenda but what about the public? February 3, 2025 Rachel Reeves is talking a good game on growth, but Labour won’t be rewarded at the ballot box unless they can help ordinary people to feel better off, says Theresa Bischof Growth is in. And so too, is business apparently. Last week, Rachel Reeves and her growth brigade took a trip to Siemens in Witney [...]
AllBright: London’s women-only members’ club rescued February 3, 2025 A deal to buy the assets of AllBright, the women-only members’ club in London, out of administration has been announced. A Cain International company has acquired the assets after the networking and events business entered administration last week. The deal has been agreed for an undisclosed sum but the fee is expected to be revealed [...]
Bank of England to cut interest rates as growth fears build February 3, 2025 Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the economy.
Bold action and optimism! Let’s hope the Chancellor’s confidence is contagious February 3, 2025 Promises of bold action from the Chancellor are gratefully heard in the City. Let's not let this opportunity for growth pass, writes Chris Hayward.
Trump, the Super Bowl, wokery and sport’s shift to the right February 2, 2025 It might be the same man sitting in The Oval Office, but a lot’s changed since Donald J Trump first presided over a Super Bowl eight years ago. In 2017 America was perilously divided, with a newly-elected Trump in the White House and protest marches taking place on the streets outside it. This tension was [...]
We need a Hippocratic oath for planning rules: First do no harm February 2, 2025 Planning has become so complicated that applications get approved despite the system rather than because of it. If we want growth, we must accept that regulations cannot be used to solve every societal problem, says Gordon Adams To misquote Sir Humphrey, the English planning system has the engine of a lawn mower and the brakes [...]