State pension to top £13,000 as triple lock piles pressure on Healey September 15, 2026 The state pension is set to rise by £490 next year as a result of the triple lock, adding to “pressures” facing Chancellor John Healey as he draws up his first budget. New earnings growth data released on Tuesday has indicated that the triple lock pension will rise by 3.9 per cent. The triple lock [...]
Private sector wage growth at lowest level in nearly six years September 15, 2026 Private sector wage growth remains at lows not seen in nearly six years in a sign that Britain’s labour market is weakening further ahead of a crunch interest rate decision for the Bank of England on Thursday. New data has shown that the wider UK jobs market cooled further over the summer, adding to a [...]
Revolut hackers stole nearly 700 customers’ private data September 15, 2026 The group of hackers behind a major breach of Revolut managed to steal nearly 700 customers’ private data, City AM understands. Revolut has contacted the 680 people affected by what it described as a “sophisticated” impersonation scam, according to a source close to the bank. The compromised data included customers’ identity documents, postal and email [...]
Credit Union My Community Bank Puts Families at Heart of New Partnership With Bereavement Notification Service NotifyNOW September 15, 2026 My Community Bank announces a new partnership with NotifyNOW, a service of Phillips & Cohen Associates, to streamline end-of-life adminMy Community Bank customers can now inform other UK service providers of a death via NotifyNOW’s technologyNotifyNOW - exclusively licensed by Phillips & Cohen Associates - partners with its first credit union
PSG Equity Holds Final Close of Third European Fund at Over €4.4 Billion September 15, 2026 Fund hits hard cap; commitments significantly exceed size of PSG Europe II Strong support from new and long-term investors signals continued demand for PSG Equity’s investment strategy Focused on scaling up European software and technology companies and building them into pan-European category leaders with global reach
Branding on City skyscrapers? We should let our history do the talking September 15, 2026 The City of London has one of the most forward-looking planning departments in the country. They might not always get it right – and they certainly can’t please all of the people all of the time – but when it comes to the big picture I think they make the right calls. As a local [...]
Mike Ashley’s Frasers faces shareholder revolt over exec bonus September 15, 2026 Frasers Group, the retail empire owned by Mike Ashley, is facing an investor revolt over a bonus handed to its finance chief for “doing his job”. Two influential shareholder proxies have urged the firm’s investors to slap down its executives’ pay package at its annual general meeting (AGM) on Thursday. The dispute centres around a [...]
Gaming platform Roblox sues British charity September 14, 2026 The group behind US gaming giant Roblox is suing a UK food brand and its philanthropic arm over alleged intellectual property infringement. Roblox Corporation, the Californian video game developer, filed a lawsuit in the London High Court on Friday against Roc Co, a British grocery business, and its charity arm, according to filings seen by City [...]
Battersea Power Station enters final ‘playful’ phase of £5bn project September 14, 2026 Battersea Power Station has entered the final phase of its £5bn regeneration project after its Malaysian owners submitted plans for the site’s remaining 16 acres. The neighbourhood’s newest development will add as much as 3.2m sq ft of residential, commercial and leisure space to the area, more than 15 years on from the original plans [...]
City policy chair: new taxes on financial services would threaten our prosperity September 14, 2026 The City stands ready to help the Chancellor deliver good growth in every postcode at the Budget, says Chris Hayward Recent years have been challenging for people, policymakers and industry leaders alike. Conflicts have been compounded by subsequent, successive economic shocks; damaging supply chains and leaving less well-prepared boardrooms bewildered. Globally, public finances are under [...]