Alice Tai: ‘I used to cry before swimming. Now it’s my job’ August 22, 2024 Alice Tai is a Paralympic champion who has demonstrated that she is equally adept in front of the camera and in the pool. It has been some journey for an athlete who ran away from her first competition because of the crowd. The 25-year-old from Poole will head to Paris this summer looking to add [...]
Exclusive: Phoenix-backed homeless housing firm in turmoil after rental collapse August 22, 2024 The future of a homeless housing investment firm set up in the mould of scandal-hit Home REIT and backed by Phoenix Group is hanging in the balance after a slew of its tenants went bankrupt or stopped paying rent, City A.M. can reveal.
Mark Kleinman: Britain’s fibre infrastructure proves hard to digest August 22, 2024 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at the UK’s altnet sector, a jilted housebuilder and Thames Water’s leaky boardroom. Britain’s fibre infrastructure proves hard to digest Time to hang up? That’s the way many investors feeling about [...]
Social rent increases may not ‘move dial’ on housebuilding, Rachel Reeves warned August 21, 2024 Rachel Reeves’ plans to increase social rent may not “move the dial in a material way” on council housebuilding, a corporate finance firm is warning. The Chancellor will reportedly up social rent by bringing in a decade-long formula to raise housing costs in England boosted by the CPI inflation measure – currently 2.2 per cent [...]
Hold the champagne, the housing market upturn is meaningless without rental reform August 21, 2024 The recovery in the UK housing market recovery is redundant while the rental sector remains in pieces, writes Purplebricks CEO Sam Mitchell.
‘Right to disconnect’ plans must offer firms flexibility, experts warn August 20, 2024 The government’s plan to give workers the ‘right to disconnect’ must offer companies some flexibility when it comes to implementing the changes, experts have warned. Staff who are frequently contacted by their bosses outside of their work day could be granted thousands more in compensation cash from employment tribunals under new worker reforms, The Times [...]
Deira to go the extra Mile in Great Voltigeur August 20, 2024 DESPITE only attracting a field of six runners, Wednesday’s Group Two Great Voltigeur (3.00pm) certainly doesn’t lack quality. Irish Derby winner Los Angeles is the favourite after showing plenty of guts to land the Irish Classic at the Curragh, where he reversed Epsom Derby placings with Ambiente Friendly. Ballydoyle had plenty of pacemakers in the [...]
Green energy plans could reduce costs for UK steelmakers, industry says August 20, 2024 Plans for the UK to become a green energy superpower could help reduce costs for British steelmaking, a supplier has said. Prime Minister Sir Keir Starmer visited a wind farm near Carmarthen, west Wales, today as part of a trip to promote his ambition for renewable power through setting up GB Energy. The public company [...]
Labour shows its pro-business credentials with London City Airport expansion August 20, 2024 The popular business travel hub was given the green light to boost its annual passenger cap from 6.5m to 9m on Monday.
BT drags down FTSE 100 after shares slump August 20, 2024 BT shares slumped five per cent in early deals this morning after it was revealed that Sky had struck a broadband deal with one of its biggest rivals. Shares in the FTSE 100 telecoms giant extended losses to trade as low as seven per cent by mid-day. The stock’s performance dragged down the wider FTSE [...]