Klarna Partners With Arrive for Parking in 15 Markets May 28, 2026 Klarna, the global digital bank and flexible payments provider, has partnered with Arrive, a leading global mobility platform, to bring seamless and flexible payment options to millions of consumers across 15 markets. Through the partnership, drivers will be able to pay for parking using Klarna’s Pay in Full, which will be available directly in Arrive’s [...]
Expedia Group announces agreement to acquire CarTrawler, advancing strategy to build the most complete B2B travel platform May 20, 2026 Acquisition enhances Expedia Group’s ability to deliver mobility and Insurtech solutions for travelers worldwide through its B2B platform and consumer brands
HMRC fights to close Bolt’s VAT loophole May 19, 2026 Ride-hailing platform Bolt faces the tax authorities in court today over how it calculates and pays its VAT bill. At the centre of this dispute was the question of whether Bolt could use the tour operators’ margin scheme (TOMS). Under this scheme, businesses only pay VAT on the profit margin they make between buying a [...]
Deliveroo takes on the high street in grocery push May 14, 2026 Deliveroo customers will soon be able to shop from multiple shops in a single order and add restaurant items after checkout, City AM can reveal, as the Doordash-owned giant attempts to elbow in on the high street. The takeaway giant’s first new feature, called Bundles, allows users to order from up to three supermarket or [...]
Lime races SpaceX and OpenAI to IPO as revenues soar May 11, 2026 Lime, the Uber-backed e-bike giant, filed for a Nasdaq listing over the weekend, joining a growing cohort of tech giants racing toward public markets this year. The Silicon-Valley based micromobility titan, known for its ubiquitous green bikes, plans to list on Nasdaq this year, following revenues jumping 29 per cent to $886.7m (£665m) in 2025, [...]
London local elections 2026: Who will win in the borough of Tower Hamlets? May 6, 2026 CLICK HERE to view all the latest London election results Tower Hamlets has become something of a controversial area in London with its own council difficulties and division over the proliferation of LTNs. Will Aspire retain the council or could the Greens persuade voters to back its national electoral drive? Tower Hamlets is where fractured [...]
Lime pedals new flat fee pass for London’s delivery drivers April 21, 2026 Lime is piloting a new ‘delivery pass’ in London designed to give the capital’s growing number of food delivery cyclist cheaper access to its e-bike fleet, City AM understands. The new, reduced price package has landed on the app as concerns mount over the proliferation of illegal and unregulated bikes on the city’s streets. The [...]
Wayve lands AMD, Arm and Qualcomm cash as UK self-driving push gathers pace April 15, 2026 British autonomous driving firm Wayve has secured a further $60m (£44.2m) from chip giants AMD, Arm and Qualcomm Ventures, as it pushes to get its AI driving software into production vehicles. The fresh backing adds more heavyweight silicon names to Wayve’s investor roster and comes just weeks after the London-based company raised $1.2bn at a [...]
Robotaxis are coming to London, but will they make money? April 3, 2026 The arrival of driverless ride-hailing would not simply mark a technological milestone. It could also test whether autonomous mobility can ever become a profitable business, says Michael Lenox A black Jaguar SUV with no one behind the wheel pulls up on a London street. It’s electric and equipped with Waymo’s autonomous driving system. A passenger [...]
Look East to understand how AI is shaping the future April 2, 2026 While the West is still debating an AI bubble, China and Singapore are developing strategies to adapt to the forthcoming civilisational change, says Lewis Liu Over the past few months, I’ve spoken with hundreds of asset managers, pension funds, central banks, and sovereign treasuries about AI, collectively managing over $100tn in assets. The same three [...]