European banking jobs face AI reset ‘not mass job losses – for now’ April 10, 2026 European banking jobs are in line for a boost from AI despite widespread fears the integration of new tech will trigger mass layoffs, according to fresh analysis. The headcount at the top lenders is expected to get a four per cent average uplift, analysts from Bloomberg Intelligence said in a new note. The increase is [...]
OECD tells Reeves to reform ‘inefficient’ UK tax system April 10, 2026 Top economists have urged Chancellor Rachel Reeves to launch a sweeping review of the UK tax system in order to improve growth prospects and boost investment. Researchers at the OECD – Organisation for Economic Co-operation and Development for long –said the UK economy suffered from distortions in its tax system as well as loopholes exploited [...]
Warburg Pincus Establishes European Defence Investment Platform April 10, 2026 Warburg Pincus launches European Defence Investment Initiative with MEAG on behalf of Munich Re Group as an Early Backer of the Strategy Collaboration Focused on Private Equity Investments in European Defence, Security and Strategic Resilience Businesses
Mahmood agenda bites: Migrant worker applications nearly halve in a year April 9, 2026 The number of applications for skilled worker visas has nearly halved in a year after home secretary Shabana Mahmood raised the barriers to entry for migrants. Official data released by the Home Office showed that there were 34,700 skilled worker visa applications in the year to March. This was a 44 per cent decrease from [...]
Demand soars for central London offices while outskirts snubbed April 9, 2026 The demand for central London office space is soaring while vacant buildings are piling up on the fringes of the capital. The vacancy rate – which is a key indicator of demand – of central London offices has fallen to its lowest level in this decade as occupiers target prime locations like the City and [...]
Non-dom reforms blamed for collapse of Harrods luxury property arm April 9, 2026 The collapse of department store Harrods’ luxury property arm was due in large part to the government’s abolition of the non-dom tax regime, estate agents have said. Harrods Estates, which opened on the shop floor in 1897, has announced the closure of its only remaining office in Knightsbridge. London estate agents said the collapse of [...]
Nadine Buckland: I knew I’d make a better business owner than employee April 9, 2026 Each week, we dig into the memory bank of the City's great and good. Today, Nadine Buckland, CEO of Zenzic Capital, takes us through her business career.
Kanye is awful but so is meddling in private enterprise April 9, 2026 Kanye West's actions are deplorable, but if Wireless wanted to platform him that's their business risk to take, writes Joseph Dinnage.
Revolut follows Starling with AI agent as tech arms race heats up April 9, 2026 Revolut has waded into the AI arms race with the debut of its personal finance assistant as fintech firms race to beef up the tech in their all-in-one super apps. The $75bn digital banking giant has launched AI by Revolut – a financial assistant embedded into its app. The chatbot provides spending insights, investment updates [...]
Why is phone signal so bad in London? Planning, of course April 9, 2026 Outdated planning laws that mean that dictate a pointless three-antenna limit on every phone mast are holding back progress, says Maxwell Marlow You may not believe it, but you can get a better signal at the top of Machu Picchu than you can standing outside of the Bank of England. I believe it. I was [...]