Contactless train ticketing finally coming to London Stansted Airport January 20, 2025 The government has outlined its plans to roll-out contactless ticketing at nearly a hundred UK train stations in 2025, including London Stansted Airport, with a start date less than a fortnight away The Department for Transport (DfT) said on Monday some 47 stations across the South East would be able to use tap-in and tap-out [...]
FCA chair: Our growth push will test UK’s risk appetite January 20, 2025 The Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City will test the UK’s appetite for risk, its chair has warned, accepting that two of its new proposals could open the door to more fraud and mortgage defaults. Writing in City AM today, Ashley Alder said the FCA will [...]
FCA: Going for growth means taking risks January 20, 2025 Ashley Alder, chair of the Financial Conduct Authority, says the financial services sector has long recognised that effective regulation can be a powerful enabler of growth. The question now is not should we embrace risk, but how much? January is a time to reflect, re-balance and re-focus. And this year, the relationship between regulation and [...]
FCA looks to ease consumer duty burden as Reeves pushes regulators for growth January 17, 2025 The Financial Conduct Authority (FCA) will look to ease the burden of complying with its stringent consumer duty rules as part of a push to cut red tape in the City and unlock growth. In a letter to the Chancellor Rachel Reeves this week, FCA boss Nikhil Rathi said the regulator would drop a requirement [...]
Transport for London: Bank account details may have been stolen in cyberattack September 12, 2024 TfL said personal data, including names, home addresses and possibly bank details were stolen as part of a major cyber attack earlier in September.
The Notebook: How I (almost) managed to get the 1p coin scrapped September 2, 2024 Former Treasury comms chief James Chapman reminisces on the time he (almost) managed to scrap the penny - and why we should persist now.
Square Mile and Me: Hemlata Narasimhan on what makes the City tick August 8, 2024 Each week we ask a Square Mile exec to take a trip down memory lane. Today, Hemlata Narasimhan, president of Elavon Europe, talks about cultural vibrancy and inspiring girls to dream big What was your first job? My very first job was a college job when I worked as a maths tutor to high school children [...]
FCA and UK payments regulator launch inquiry into ‘risks’ of Paypal, Apple and Google Pay July 16, 2024 It follows previous work by the PSR on contactless mobile payments and the FCA’s examination of big tech’s role in financial services.
London Underground: Sadiq Khan’s Friday travel discount fails to reverse work from home trend June 26, 2024 The trial was posited as a possible solution to the huge decline in commuting numbers seen across the underground due to home working.
Vianet slashes debt as demand for customer data continues to rise June 11, 2024 Drinks and vending data specialist Vianet is continuing to claw its way out of debt following substantial disruption to its market during the Covid-19 pandemic and into the cost of living crisis.