Crypto fraud surges after Donald Trump’s re-election February 13, 2025 Crypto platforms have been warned the industry is at a “critical juncture” after a Sumsub report showed a spike in fraud cases. The verification platform’s State of the Crypto Industry 2025 said fraud cases were up 48 per cent, with document forgery making up 31 per cent of detected cases in the last year. Following [...]
Rachel Reeves tax raid ‘unlikely to succeed’, analysts warn February 13, 2025 Chancellor Rachel Reeves’ attempts to put the public finances on firmer ground through tax hikes are “unlikely to succeed,” according to analysts at Oxford Economics. Collecting evidence from a range of ‘fiscal adjustments’ – attempts by governments to balance their budget deficits – Edward Allenby and Adam Slater said attempts to balance the budget through [...]
‘Extraordinary’ Roman Basilica uncovered in heart of the City February 13, 2025 The remains of London’s first Roman Basilica have been uncovered near Leadenhall Market during archaeological investigations at 85 Gracechurch Street. The site is currently being excavated by Museum of London Archaeology (MOLA) in preparation for the construction of a 32-story office tower. The remains are believed to be part of the Tribunal, a designated area [...]
The five UK fintechs tipped to reach unicorn status February 13, 2025 The UK fintech sector is experiencing lightning growth, with several companies on the road to gaining ‘unicorn’ status, a title given to privately held startups valued at over $1bn (£780m). According to Hurun’s recent index, a handful of fintech firms are leading the charge, with valuations of $500m and above. These firms span various financial [...]
Elizabeth Line train drivers to strike in dispute over pay February 13, 2025 Train drivers on London’s Elizabeth Line will stage a series of strikes over the next month in a dispute over pay, a union has announced. Members of Aslef, which represents nearly all of the UK’s train drivers, will walk out on 27 February, and on the 1st, 8th and 10th of March for 24 hours. [...]
‘I used to be paid £1 an hour’: CEO of Tokio Marine Kiln on how he made it February 13, 2025 Matthew Shaw skipped university to get into the working world as fast as he could. Now he heads up Tokio Marine Kiln. He tells City AM how.
UK economy: Mixed signals for Rachel Reeves as GDP beats expectations February 13, 2025 You can tell it has been a bleak midwinter when quarterly growth figures of 0.1 per cent sets the pulses racing.
‘Once you legislate, people will rebel’: Why a vibes-based WFH policy is working for Vitality February 13, 2025 The debate-stirring issue of working from home (WFH) has never been far from the headlines so far in 2025. The likes of FTSE 100 giant WPP, Lord Alan Sugar and London Mayor Sir Sadiq Khan have all made waves with where they stand on the topic. Now Neville Koopowitz, the chief executive of health and [...]
GDP grows 0.1 per cent as UK economy skirts recession February 13, 2025 Chancellor Rachel Reeves received a small boost after the economy unexpectedly grew at the end of last year, ensuring the UK does not face an imminent recession. Output expanded 0.1 per cent in the final three months of the year, according to the Office for National Statistics (ONS), after GDP rose 0.4 per cent in [...]
Rich people’s problems: Confidence in economy hits record low among wealthy Brits February 13, 2025 Confidence in the economy among high net worth Brits has tanked since the election of a Labour government last summer, according to data from the Saltus Wealth Index. The study, which questioned 2,000 people in the UK with assets of £250,000 or more, revealed just under half – 48 per cent – of these so-called [...]