TfL to spend £100m a year on cleaning tubes amid graffiti spat January 13, 2026 Commuters will foot an annual £100m bill for cleaning tubes and buses over the next five years, City AM can reveal, with transport officials hoping a new provider will help to wipe out graffiti across the network. Transport for London (TfL), which is chaired by Mayor Sadiq Khan, revealed it signed a contract with the [...]
Former Federal Reserve chiefs round on Trump’s ‘vindictive’ Powell salvo January 12, 2026 Donald Trump’s unprecedented decision to open a criminal indictment against Federal Reserve chair Jay Powell has been rounded on by all of his living predecessor, who accused the President of running the United States like a developing economy. In a highly unusual joint intervention, Janet Yellen, Ben Bernanke and Alan Greenspan rebuked the President’s most [...]
BCG warns the era of ‘wait and see’ is dead as global risks hit all-time high January 12, 2026 As concerns over global policy uncertainty reached a 20-year peak in 2025, BCG is warning that the issue must be a core business capability, with dedicated teams. Business leaders cite trade reconfiguration, weakening multilateral institutions, and the weaponisation of economic tools as persistent threats to business continuity and competitiveness. However, a report by the IMD [...]
Nadhim Zahawi defects to Reform as polling lead extended January 12, 2026 Former Chancellor Nadhim Zahawi has defected to Reform UK as fresh polling has shown the party extending its lead over Labour and the Tories. Zahawi, a former ally of Boris Johnson who served as Chancellor for a matter of months, announced his high-profile defection in a press conference in Westminster on Monday. Along with new [...]
Labour can’t afford to stick with Starmer much longer January 12, 2026 When leaders lose control of events, they rarely recover it. The final blow is usually banal. It could be a ministerial resignation, a bacon sandwich style gaffe, or a symbolic vote defeat, but it is coming, says Helen Thomas A curious myth has taken hold at Westminster that Keir Starmer remains in post because removing [...]
Calls for hospitality support grow as business rates outcry deepens January 12, 2026 Calls for the government to extend its rumoured support package for pubs to the entire hospitality industry grew on Monday, after a string of data releases laid bare the bleak outlook for UK venues amid fresh polling that reveals enormous public support for the embattled sector. According to the latest City AM/Freshwater Strategy poll, 70 [...]
From Brexit to Berne: Financial services enter a new era of global cooperation January 12, 2026 2026 will be a year for collaborating with international partners to tackle shared challenges, reduce cross-border financing barriers, and promote investment, says Dame Susan Langley Henry Ford once said that “coming together is a beginning, keeping together is progress, but working together is success”. As global ambassador for the UK’s financial and professional services sector, my goal for 2026 is [...]
London homeowners most likely to make a loss upon selling their home January 12, 2026 London homeowners are most likely to make a loss upon selling their house as prices in the capital continue to drop. In 2025, nearly 15 per cent of Londoners sold their home for less than they bought it, the highest proportion in England and Wales, according to analysis from real estate agent Hamptons, well above [...]
LA is the future of sport and coming for London’s crown as global capital January 11, 2026 LA offers a glimpse into the future for the sports industry as the city prepares for a starring role at the 2026 Fifa World Cup and 2028 Olympics, finds Frank Dalleres. Arriving at the Intuit Dome by driverless taxi and then using facial recognition technology to enter the home of the NBA’s LA Clippers (mobile [...]
Musk hits out at ‘fascist’ UK as row over X and its Grok AI escalates January 10, 2026 Elon Musk has accused Keir Starmer’s Government of being “fascist” after ministers stepped up threats to ban social media site X over AI-generated sexualised images. The tech tycoon claimed critics of his X platform “want any excuse for censorship” as he appeared defiant despite the outcry over the use of the Grok artificial intelligence feature [...]