From stamp duty to the triple lock, Andy Haldane says bold Burnham leadership can usher ‘vibe change’ for UK economy
If you think it’s bad for Henry on £100k, spare a thought for his Gen Z brother July 8, 2025 Life may be tough if you’re a High Earner, Not Rich Yet – but at least Henry has hope. His younger counterpart Nick, 30, has only known bad times and he’s fuelling the rise of populist parties, says William Atkinson Last week, Eliza Filby profiled the plight of the Henry: a High Earner, Not Rich [...]
Transport for London offers up first chance to sponsor tube line July 7, 2025 Transport for London (TfL) has for the first time offered businesses a first of its kind opportunity to sponsor a whole tube line. London’s transport body has promoted a sponsor partnership for the Waterloo and City Line, which is traditionally used by commuters travelling from Waterloo to the City of London. TfL said the offering [...]
20 years on from 7/7 London proves terrorists will never win July 7, 2025 20 years ago today, 52 people died in a devastating series of bombings on London’s transport infrastructure. Throughout the following decades and subsequent attacks, London has remained undaunted, says Eliot Wilson It was 8.49 am on Thursday 7 July 2005. The weather was unremarkable, edging towards 15℃, the skies partly cloudy. None of that was [...]
Labour moots breaking Heathrow third runway ‘doom loop’ with new powers July 7, 2025 The Labour government is exploring how to break Heathrow’s third runway “doom loop” via new parliamentary powers that would fast-track big projects. Ministers are examining whether legislation could be enacted to enable the UK’s biggest hub to bypass parts of the planning process. The proposals, first reported by the Times, would also apply to other [...]
Regulator blocks Richard Branson’s bid to bring back Virgin trains July 3, 2025 Richard Branson’s bid to bring Virgin trains back to the UK has suffered a crushing setback following a ruling from the rail regulator. The Office of Rail and Road (ORR) on Thursday said it had rejected applications from Virgin Management and two other companies for track access rights to run services on the West Coast [...]
Uber, AA and Royal Mail urge Khan to scrap EV congestion charge plans July 3, 2025 A host of businesses including Uber, the AA and Royal Mail have urged Sadiq Khan to re-think rolling back the exemption for electric vehicles in London’s congestion charge. Some 28 business and green groups published an open letter to the Mayor arguing that changing the discount would threaten London’s clean air ambitions, while prompting a [...]
TfL claims City exec who lost limbs after being hit by Tube was ‘negligent’ July 2, 2025 TfL has accused the woman who was hit by two Tubes resulting in life-changing injuries of placing "herself in a position of danger" in a £25m legal battle
Exclusive: Taxpayers to front extra £4bn for recent HS2 delays July 2, 2025 Recent delays to HS2 have increased costs for taxpayers by up to nearly £4bn, according to a government document detailing the value of mega-projects in the UK. The Office for Value for Money, a cost-saving unit set up by Rachel Reeves, found deferrals over the last two years would increase costs on Phase 1 from [...]
Manchester Airports Group takes off amid expansion drive July 1, 2025 The UK’s largest airport group has reported a record year of passenger traffic and rising profit as it presses ahead with a major programme of expansion. Manchester Airports Group, the conglomerate which owns Manchester, London Stansted and East Midlands airports, reported a 12.5 per cent increase in adjusted earnings before interest, taxation, depreciation and amortization [...]
Heathrow eyes earnings crunch as national insurance hike weighs June 27, 2025 London Heathrow airport expects its earnings for 2025 to take a hit as it weighs the cost of Labour’s hike to employer’s national insurance contributions. The airport expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) to decrease by three per cent to near £1.98bn over the year due to higher operating costs brought on [...]