Exclusive: Criminals eye windfall from UK regulator’s controversial fraud refund plan August 16, 2024 Criminals are making plans to exploit incoming fraud refund rules from the UK payments regulator, City A.M. has learnt, as banks and fintechs warn of harm to consumers if the measures come into force unaltered.
This stunning London rooftop pool could be in Los Angeles August 16, 2024 If you’re looking for London rooftop bars or outdoor swimming pools in the capital, both combine at the art’otel, the new Battersea Power Station opening with a hot tub overlooking the iconic chimneys that featured on the cover of Pink Floyd’s 1977 album Animals. A room costs £250 and gets you access to what we would [...]
ULEZ: Sadiq Khan to shut scrappage scheme as London drivers scramble to apply August 16, 2024 London Mayor Sadiq Khan will close the ULEZ (Ultra Low Emissions Zone) scrappage scheme next month as drivers in the capital scramble to make last-minute applications. The announcement comes after Khan expanded the controversial scheme to more areas of greater London shortly before his re-election earlier in the year. The scrappage scheme, which drivers can apply to [...]
Revolut achieves $45bn valuation in employee share sale August 16, 2024 Revolut has cemented its position as Europe's most valuable private technology company after securing a $45bn (£34.9bn) valuation in a share sale by employees.
Team by team: Premiership Rugby transfer analysis August 16, 2024 It’s fair to day that I had my fair share of transfers when I was playing professional rugby across England and France. And while rumours of who is going where remains one of the most fascinating parts of the rugby off-season, the confirmed transfers – a month our from the new season – allow us [...]
Savills: Bank of Mum and Dad to pay out almost £30bn over the next three years August 16, 2024 First-time buyers will receive almost £30bn in financial support from their parents over the next three years as the housing ladder slips increasingly out of reach for independent young buyers. Gifts and loans from the Bank of Mum and Dad totalled £9.4bn in 2023, according to the latest analysis from property firm Savills. This figure [...]
Tata Steel: Ministers pledge £13.5m to protect jobs as ‘all options on the table’ August 15, 2024 The government has pledged £13.5m to help workers amid Tata Steel job losses, as a minister vowed “all options are on the table”. Funding will go to supporting supply chain businesses and workers affected by job losses in connection with the Indian-owned manufacturer changing its production systems. Tata is switching to a greener form of [...]
Piccadilly Circus is about to look totally different with huge new artwork to rival Eros August 15, 2024 Piccadilly Circus is about to get totally transformed with an imposing new piece of art near the Eros statue. The bright yellow piece by the artist British-Nigerian Yinka Ilori will be installed later this month near the Shaftesbury Fountain. The collaboration with capital art project Art of London is called Good Things Come To Those [...]
Unilever triples spend on video game ads to target younger audience August 15, 2024 Consumer goods giant Unilever is betting big on gaming to help it advertise to elusive younger audiences. The company, which owns a host of household name brands including Lynx and Dove, has poured money into its in-game advertising department over the past three years, tripling its spend since 2021. It now has a team of [...]
Legal League: Why have top lawyers fallen in love with sports? August 15, 2024 Big players are coming into sports fields recently, and no, I'm not talking about athletics, but big-ticketed lawyers who have fallen in love with the sports industry