Blaise Metreweli is a boot in the face for DEI June 23, 2025 Blaise Metreweli has been appointed as the first female head of MI6 from an all-woman shortlist composed on merit alone. It’s proof that some women don’t need DEI to break glass ceilings, says Eliot Wilson Just over a week ago, it was announced that Blaise Metreweli, a career intelligence officer currently serving as director general [...]
Scammer City boss on the hook for £64m after fraud scheme June 21, 2025 A City boss compared to the The Wolf Of Wall Street has been ordered to pay back £64m over his role in a multi-million pound Ponzi-style investment scam, prosecutors said. Anthony Constantinou remains on the run after he fled the UK during his fraud trial at London’s Southwark Crown Court in June 2023. Hundreds of [...]
UK government’s love/hate relationship with consultancy firms June 20, 2025 When it comes to calling in the consultants, the UK government has had leading firms on speed dial over the years. But cuts are on top of Labour's agenda
Government’s £4.4bn gain on ‘shares tax’ puts investors on edge June 20, 2025 Investors have stepped in to provide the government with a cheap fix after receipts from the ‘share tax’ grew to £4.4bn amid fears it was harming London’s capital markets. Rachel Reeves has spoken about her desire to boost the UK’s retail investment culture as part of her drive to deliver higher growth and yield more [...]
Key streets are closing to allow outdoor dining in London this summer June 20, 2025 Londoners have a new way to enjoy this year’s summer heatwave. The mayor has announced that some of the capital’s streets will go car-free to provide more space for outdoor dining and drinks. The new Summer Streets scheme will pedestrianise roads in Westminster, Shoreditch, Brixton and Leyton. This project is being funded with £300,000 from [...]
New Piccadilly Line trains delayed by up to a year June 20, 2025 New Piccadilly Line trains will begin operating on the London Underground up to a year later than planned, it has been revealed. The 94 new trains, which will have walk-through air conditioned carriages and CCTV, were supposed to come into service in late 2025. But Transport for London (TfL) said on Friday the fleet would [...]
Government borrowing surges in May to fund Labour’s spending June 20, 2025 Government borrowing in May surged to £17.7bn, official data has shown, reflecting the government’s need for cash to fund Labour’s spending splurge. This represented the second-highest May borrowing figure since records began more than 30 years ago and higher than the Office for Budget Responsibility (OBR) forecast. Fresh data published by the Office for National [...]
Alarm bells as retail sales suffer largest fall in 18 months June 20, 2025 UK high streets suffered from post-Easter fatigue among shoppers as official data showed retail sales dropped by 2.7 per cent in May. The Office for National Statistics said a fall in sales in May represented the largest month-on-month drop since December 2023. A Bloomberg poll of economists expected retail sales to drop by 0.5 per [...]
Berkeley notes rising demand for new homes as profit drops June 20, 2025 Housebuilder Berkeley has stated that it is ‘fully aligned with’ and ‘committed to’ the government’s ambitious housing agenda, despite a decline in annual profit. The FTSE 250 company told markets this morning that its profit before tax fell 5.1 per cent in the last financial year, from £557.3m to £528.9m. Its operating margin improved from [...]
Absence of defence spending plan ‘entirely unsatisfactory’ June 20, 2025 The government has been “entirely unsatisfactory” in failing to assess whether their defence spending plans are affordable, a group of senior MPs has said, in a damning assessment of ministers’ transparency. The row comes amid concerns spending on the nuclear deterrent would be higher than first assumed. Prime Minister Keir Starmer said the government would [...]