Lime boss calls on UK businesses to ‘keep bikes off busy pavements’ September 22, 2025 Lime is calling on UK businesses to help tackle London’s e-bike congestion and the patchwork of borough regulations by providing dedicated parking bays for riders. The bright green bikes have become a symbol of London’s fractured cycling landscape. Yet, under the company’s ‘London action plan’, the micromobility giant claims firms could play a direct role [...]
Economists tell Rachel Reeves to target wealthy pensioners September 20, 2025 Chancellor Rachel Reeves should target wealthy pensioners to ease pressures on the public purse and allow infrastructure investment pledges to be protected, top economists and former ministers have said. Former Cabinet secretary Gus O’Donnell, ex Tory minister and Goldman Sachs executive Jim O’Neill, and top economists including Mariana Mazzucato have urged the government to “rebalance” [...]
The Capitalist: Which Tory will be next to turn turquoise? September 19, 2025 This week’s rumours, whispers and City gossip in The Capitalist… Which Tory will be next to turn turquoise, Trump’s in town and City AM welcomes some newcomers TURNING TURQUOISE: WHICH TORY IS NEXT?Tory WhatsApp groups have been feverishly speculating on who among their number may be next to make the turquoise transition to Reform. And [...]
Warm weather bolsters retail sales ahead of all-important golden quarter September 19, 2025 Retail sales were bolstered by good weather and rising real incomes this summer, but the struggling sector is looking ahead to the festive season for a bigger boost. Sales fell by 0.1 per cent in the three months to August 2025 when compared with the three months to May 2025, according to the Office for [...]
Banking customers hate chatbots – and it could cost the sector £9.3 billion September 19, 2025 75 per cent of people would rather deal with a person than a chatbot concerning their finances; one in five has shouted at their robot antagonist; and one in eight admits swearing at them. Rather than save money, Chatbots may actually be driving business away, says Chris Teasdale If you’ve interacted with customer services in [...]
Donald Trump suggests Keir Starmer could drill oil in North Sea September 18, 2025 President Donald Trump has urged Keir Starmer to drill for more North Sea oil as he suggested that the Prime Minister could begin expanding projects in the near term. In a press conference at Chequers, the Prime Minister’s estate, Trump claimed that he had taken control of inflation in the US through his drive to [...]
Housing in London now classed as unaffordable at every income level September 18, 2025 London housing has been officially classed as unaffordable for every income decile in a ‘pretty grim’ picture of the housing market. New data from the Office for National Statistics (ONS) shows that the average English home costs 7.9 times the average salary. If you live in London, conditions are far worse: Someone earning an average [...]
Bank of England holds interest rates and slows down QT to £70bn September 18, 2025 The Bank of England’s Monetary Policy Committee (MPC) voted 7-2 to hold interest rates amid sticky inflation, with a decision to slow down its quantitative tightening (QT) process also made in light of febrile markets raising borrowing costs. MPC members made a dual decision at its September meeting on interest rates and the sale of [...]
Former IoD boss banned as a director over Covid bounce back loan abuse September 18, 2025 A former boss of the Institute of Directors has been banned as a company director after being found to have breached Covid loan rules. Anna Daroy, who served as interim Chief Operating Officer and later as interim Director General of the Institute of Directors from October 2018 to November 2019, has been accused of obtaining [...]
Was Trump right about “horrible” and “lousy” Battersea? September 18, 2025 Donald Trump may well swing by the new US Embassy in Nine Elms during the state visit, so does he still hate it? President Trump, on his September U.K. visit, will possibly swing by the US Embassy, the imposing glass block located in Nine Elms, between Vauxhall and Battersea Power Station. What would be interesting [...]