The relationship between the Financial Conduct Authority (FCA) and the government has been fractious in recent years. Charlie Conchie takes a look at why Westminster went to war with the …
May 2024
Barclays under fire from shareholders on fracking funding
Barclays has come under fire from its shareholders, including the Local Authority Pension Fund Forum (LAPFF), for providing financial support to fracking companies. Today at Barclays’ annual general meeting (AGM), a group …
London’s ‘only live guided’ open-top bus operator sacks its tour guides for computers
A London open-top bus firm that marketed itself as the only operator in the City with a “live guide” has quietly sacked nearly all of its tour guides and replaced …
Mortgage lending growth set to double next year as inflation eases and rate cuts loom
UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to …
Labour market slowdown might be coming to an end raising questions for Bank of England
The recent easing in the labour market might be slowing, a new survey suggests, raising questions for the Bank of England as it considers when to start cutting interest rates. …
Joseph Stiglitz: ‘Freedom for the wolves means death for the lambs’
The political consensus which has guided policymaking for the past four decades has never felt more under threat than in 2024. Its not hard to see why. Economic growth since …
GigPig: Former Sky Bet boss backs investment in live music marketplace that’s ‘fueling a cultural movement’
The former boss of Sky Bet is among a group of investors who have helped live music marketplace GigPig raise more than £1m. The £1.3m seed round was led by …
UK edges closer to new laws for artificial intelligence
In less than two weeks, the world’s second artificial intelligence (AI) safety summit will take place in Seoul. South Korea and the UK are co-hosting the two-day affair that will …
Bloomberg’s bobbies: Firm pays £100,000 a year to City police to patrol London HQ
Bloomberg pays roughly £100,000 a year to the City of London Police to patrol its iconic London headquarters, City A.M. has learned. The news and data giant struck a deal with the …
McIlroy U-turns on PGA Tour board move over ‘old wounds’
Rory McIlroy has backtracked on plans to return to the PGA Tour policy board, saying the process had reopened “old wounds”. The four-time major winner had looked set to replace …