Illegal London candy stores turned into rent free shops in Oxford Street clean-up July 19, 2023 Oxford Street is set for a major revamp as Westminster City Council launches a new £10m scheme to transform London’s iconic high street. The council will make shops vacated by illicit candy stores, which have blighted the leading retail destination, available to small business owners rent free and lower their business rates by 70 per [...]
The West is now awake to the critical minerals race, says Rio Tinto boss July 18, 2023 Governments across the West have woken up to the urgency needed to secure essential metals and minerals, Rio Tinto's chief executive has said.
Ofgem shortlists four suitors for £2bn offshore wind assets July 18, 2023 Ofgem has now shortlisted four operators for the next bidding round of its highly prized offshore transmission links, worth an estimated £2bn.
FCA set for clampdown on ‘wild west’ of social media ‘finfluencers’ July 17, 2023 The FCA is set to target 'finfluencers' and firms flogging financial products online with illegal or misleading adverts.
Fan-owned AFC Wimbledon named best-run club in English football July 17, 2023 AFC Wimbledon are the best-run club in English football, according to a new report on the future funding of the game by campaigners Fair Game. The Fair Game Index rates all 92 teams in the top four divisions in four areas: financial sustainability, governance, fan engagement and equality standards. Wimbledon achieved the highest score of [...]
Bequia in the Grenadines: Tall tales and windswept shores July 10, 2023 Lawson Sargeant is bent over a scrubbed bench, fixing a tiny sail on a carved, wooden boat. It’s a fiddly and intricate business. In his workshop in Port Elizabeth, on the Caribbean island of Bequia, wooden replicas of yachts and sailing boats are lined up on turquoise-painted shelves all around the room. You might first [...]
Gatwick’s £2.2bn second runway would boost important long-haul flying, says airport chief July 10, 2023 Gatwick’s £2.2bn expansion plans represent an “opportunity for us to encourage more long-haul flying,” its chief executive has said, as the West Sussex airport looks to muscle in on Heathrow’s dominance in the long-haul market. “Certainly this will be an opportunity for us to encourage more long haul flying to and from Gatwick and to [...]
New crypto regulations from October should be welcomed July 10, 2023 When new cryptocurrency regulations are brought in by the FCA in October, Temple thinks it will be a step forward in the crypto universe.
Oil sorted? OPEC gambles on demand revival to boost flagging prices July 10, 2023 OPEC and its allies are banking on demand to rebound and prop up oil prices. If they're wrong, it's time to reassess their influence.
Gatwick submits £2.2bn expansion plan as CEO hails airport competition July 6, 2023 Gatwick Airport has submitted an application for a £2.2bn second runway that could see passenger traffic double to 75 million. The west Sussex hub announced this afternoon that it had presented proposals to the government’s planning inspectorate, which aim to bring its emergency runway into routine use. Speaking to City A.M. ahead of the news, [...]