HSBC UK to slash bonuses for staff not turning up to office May 21, 2025 HSBC has told its UK-based retail workers that failing to show up to the office could see their bonuses slashed. Europe’s biggest bank informed staff in the retail and domestic commercial arm that if they are not following the firm’s three-day minimum requirement to work in office they could be paid less as a result. [...]
Zonal pricing would mean a postcode lottery for energy May 21, 2025 Anyone with a a serious interest in building, making or investing anything in Britain knows that creating a postcode lottery for energy prices will lead to uncertainty and higher prices for consumers, says Alistair Phillips-Davies Since Labour took office, a central question has emerged: can it reduce household energy bills by £300 and deliver the [...]
Government debt sale delayed over ‘Bloomberg system issues’ May 21, 2025 An auction of UK government debt was delayed on Wednesday after a Bloomberg system outage prevented traders from participating. In a statement the UK’s Debt Management Office (DMO) said: “Due to the ongoing market-wide Bloomberg system issues, the bidding window for this morning’s auction of 4 per cent Treasury Gilt 2031 is being extended.” A [...]
Urban Farmer Project May 21, 2025 A Sustainable Urban Farm in the heart of Fleet Street Quarter The Fleet Street Quarter and Landsec have partnered with London’s Community Kitchen, founded by former chef Taz Khan, MBE, to launch the Urban Farmer Project in the City of London. This pioneering initiative seeks to address pressing climate challenges by transforming food that would [...]
Billionaire exodus shows Britain is no longer a place for wealth to grow May 21, 2025 The Sunday Times’ Rich List has revealed a sharp decline in the number of UK-based billionaires in a worrying sign of the damage Labour’s tax policies are causing, says Jon Shankland The Sunday Times’ annual Rich List, published its latest iteration last week. Amid the names of the country’s most affluent, the list also revealed [...]
Reeves’ taxes push inflation to 3.5 per cent in ‘Awful April’ May 21, 2025 Inflation bounced back up to 3.5 per cent in April, official data has revealed, underlining the cost burden firms are taking on after Chancellor Reeves’ tax hikes on employers and rise to the national living wage came into effect. Consumer price inflation rose by 1.2 per cent on a month-on-month basis, higher than the last [...]
Porsche Cayenne E-Hybrid 2025 review: Work, rest and play May 21, 2025 Book a Porsche press car and there’s a good chance it will be delivered by a Cayenne. The vehicles often travel inside a covered trailer, which is hauled to all corners of the UK by this particular workhorse. “I love them. They’re just so capable and comfortable,” says the driver as he unloads my showroom-fresh [...]
Charles Tyrwhitt to move London office HQ as profits climb May 21, 2025 British menswear brand Charles Tyrwhitt is set to relocate its head office from London Bridge to Bankside in a drive to occupy higher-quality, more sustainable space. Charles Tyrwhitt will relocate its 240-strong head office team to The Forge on Bankside, a few minutes walk from the Tate Modern. Alongside Charles Tyrwhitt, new occupiers include advanced [...]
Londoners working from home could boost pension pot by £236,000 May 21, 2025 Commuters could save hundreds of thousands of pounds in their pension pots by working from home three days a week, a new study has found. Working from home for three days a week reduces the annual cost of commuting by as much as £2,000, which when put into a pension, could pay big boons in [...]
London can’t afford to let rich Nimbys block live music in Brockwell Park May 21, 2025 Rich Nimbys are strangling the capital’s culture by blocking concerts in Brockwell Park, and the poorest Londoners will suffer the most, writes James Ford Do you remember when London was fun? Not just mildly fun, but properly and riotously so. A heaving metropolis where sweaty clubbers, ebullient party goers and merry music lovers packed themselves [...]