‘Breathtaking’ HS2 failure slammed after whistleblowers allege cover-up October 22, 2023 The government is facing fresh political backlash over HS2’s “staggering failure” amid whistleblower accusations.
Microsoft, Google, Meta and Amazon hope to lift Wall Street spirits in this week’s results October 22, 2023 Big Tech earnings season is back, with a keen focus on cloud business, AI, and capex changes amid a challenging year on Wall Street.
Bank of England governor Andrew Bailey predicts drop in inflation allaying recession fears October 20, 2023 UK inflation is set to drop markedly for October amid continued efforts to tackle the higher cost of living, the governor of the Bank of England has said. Andrew Bailey indicated inflation will return to its recent pattern of slowdowns after the Office for National Statistics (ONS) recorded a surprise pause last month, leaving inflation [...]
London routes disrupted by extreme weather as Storm Babet batters Scotland October 20, 2023 London transport routes were disrupted on Friday, as severe adverse weather and heavy rain continued to cause problems on the rail network. Network Rail told City A.M. there was severe disruption on services to and from King’s Cross, due to flooding in Grantham. According to National Rail’s website, other routes affected by the bad weather [...]
Big London firms lost up to £50k from crime last year as calls mount for Met to step up October 20, 2023 Almost a fifth of larger businesses in London impacted by crime said they have lost up to £50k in the last year as a result, as fresh calls are being made to up skills officers to prevent further offences. According to a new study by the London Chamber of Commerce and Industry (LCCI), a further [...]
FTSE 100 live: London ends week deep in the red on back of Israel-Gaza war, borrowing and retail figures October 20, 2023 London’s FTSE 100 ended the week deep in the red following disappointing retail figures and falling but still very high, public borrowing stats. The capital’s premier bluechip index was 1.31 per cent down by the close, at 7,401.30, while the FTSE 250, which is more aligned with the domestic market, dropped to 0.9 per cent, [...]
Fully remote workers are least satisfied and most Brits would take a pay cut for flexibility October 20, 2023 Fully remote workers are the least satisfied with their jobs while nearly two thirds of Britons would take a pay cut for more flexibility, according to a new survey. A poll of more than 5,000 UK employees by hiring platform Indeed found just 15 per cent of all workers think more remote working would make [...]
Inflation fall puts a gloss on £14bn-worth of public borrowing in September October 20, 2023 UK public sector borrowing fell in September compared to last year, aided by healthier tax receipts, according to the latest government figures.
UK economy: Retail sales crash as cost of living crunch continues to bite October 20, 2023 In an ominous sign for the UK economy, retail spending fell in September with analysts warning of a tough Christmas ahead
Protests continue in Canary Wharf despite Greta Thunberg’s arrest this week October 19, 2023 Climate activists were joined by Greta Thunberg in a protest outside banking and finance offices in Canary Wharf today.