Carried interest: London’s dealmakers bask in rare lobbying win June 17, 2025 Rachel Reeves went into the 2024 general election promising to close the “carried interest loophole” long-enjoyed by “asset stripping” private equity executives. So far, though, the sector has escaped the worst of Labour’s promised crackdown, writes Ali Lyon. For someone who once argued private equity was full of asset strippers driving beloved British businesses to [...]
Deutsche Bank HQ crowned as Square Mile’s building of the year June 11, 2025 Deutsche Bank’s “tour de force” headquarters at Moorgate has won the annual City of London Building of the Year Award, unanimously beating the competition. It’s the second time in a row Wilkinson Eyre has won the prestigious award, with judges lauding 21 Moorfield’s architectural and technical complexity. The award’s jury, made up of architects, experts [...]
National Express owner’s new chair takes up the reins May 19, 2025 The new chair of National Express owner Mobico faces a gargantuan task to turn around the struggling coach operator. Presenting his first trading update on Monday, Phil White insisted “considerable value and momentum” exists across the group, with a nine per cent growth in revenue indiciative of strong demand for its services. True, the company’s [...]
Easter getaway disruption expected on railways, roads and at Gatwick April 18, 2025 Millions of people are set to face disruption to their Easter travel plans this weekend due to major rail engineering works, strike action, heavy traffic and possible flooding. More than 300 engineering projects will be carried out by Network Rail across Britain between Good Friday and Easter Monday, prompting warnings for passengers to check their [...]
Labour MP calls for action over Grangemouth oil refinery April 12, 2025 A Labour MP has urged the UK Government to intervene to help the Grangemouth oil refinery remain open, saying there are “striking similarities” between the plant there and the Scunthorpe steel plant. Brian Leishman said he hoped the UK Government would nationalise British Steel and take the plant at Scunthorpe “under Government control” – but [...]
Prophecy that Sky could change Ellis Wong’s luck March 25, 2025 WHILE apprentice jockey Britney Wong has been getting many plaudits and plenty of publicity in recent times, former 10-pound claimer Ellis Wong has found himself overshadowed. The 24-year-old, employed by trainer Caspar Fownes, is having a relatively quiet season with only half-a-dozen winners despite claiming his valuable seven-pound allowance. Fownes, who has been a regular [...]
Jaguar E-Type Series I restomod: A reborn Jaguar done right February 12, 2025 Elon Musk didn’t like it. Nor did Nigel Farage. The Twitterer-in-Chief responded to Jaguar’s rebrand video by asking “Do you sell cars?”. And the MP for Clacton went further, declaring: “I predict Jaguar will now go bust. And you know what? They deserve to.” Loath as I am to agree with Nigel Farage about anything, [...]
Rachel Reeves vows to fight for economic growth January 28, 2025 The Chancellor will declare that “growth won’t come without a fight” as she unveils her plan to turnaround Britain’s ailing economy with billions of pounds of investment and new infrastructure projects. Reeves will pledge an £80bn boom to the economy from a new Oxford-Cambridge Growth Corridor in a move that comes after the pensions industry [...]
Train drivers seek to put ‘dent’ in cost of living in pay talks January 18, 2025 Train drivers in England will look to “put a dent” in the cost of living over the past few years when they negotiate their next pay settlement, according to the head of their union. Mick Whelan, general secretary of the Associated Society of Locomotive Engineers and Firemen (Aslef), told the i Paper any proposed rise [...]
Avanti West Coast strikes suspended for next two Sundays amid ‘intensive talks’ January 16, 2025 Strikes by Avanti West Coast train managers have been suspended for the next two weeks to allow time for “intensive talks.” In a statement on Thursday, the Rail, Maritime and Transport (RMT) union said planned industrial action on Sunday 19th January and Sunday 26th January would no longer be going ahead. All other previously announced [...]