Eurostar has unveiled plans to invest in up to 50 new trains as it ramps up capacity on the Channel Tunnel to meet booming demand. The High Speed operator said …
May 2024
Labour hoarding makes life difficult for Bank of England, rate-setter says
Labour hoarding since the pandemic has helped fuel inflation and will make it very difficult for policymakers to know when it is appropriate to cut interest rates, a Bank of …
Investment in London’s industrial market slumps to decade low as online sales fades
Investment into London’s industrial market has slumped to a decade low as demand for warehouse and logistics sites faded after the pandemic boom. Just over £100m was spent on greater …
Lloyds defends return-to-office mandate as staff engagement falls to nine-year low
Lloyds Banking Group has defended its workplace culture after it experienced a sharp drop in its employee engagement index last year, driven by a “tough” stance on staff returning to …
FCA charges ‘finfluencers’ for promoting unauthorised trading scheme
Nine so-called ‘finfluencers’ have been charged in relation to promoting an unauthorised foreign exchange trading scheme on social media, the Financial Conduct Authority (FCA) announced today. The FCA alleges that, …
Keir Starmer: Major UK business chiefs back Labour leader
Keir Starmer has secured the backing of top business leaders, with the Boots boss and chief executive of housing developer Thakeham endorsing his party today. Their support was unveiled at …
‘I always love to squeeze the shorts’: Hedge funds burned as BT shares surge
Investors who placed a record £300m bet against BT earlier this week may be feeling the heat as shares in the telecoms giant surged by as much as 13 per …
London City Airport unveils first female chief as expansion plan ruling looms
London City Airport has announced that former chief operating officer Alison Fitzgerald will take the top job with immediate effect. Fitzgerald has served as the popular business hub’s COO since …
Jeremy Corbyn’s seat in Islington North is up for grabs, but who could stand against him?
Candidates can now apply to stand for the Labour Party in Islington North, in a process which could see them go up against former party leader Jeremy Corbyn. Applications will …
Entrepreneurs tackling carbon emissions crowned small business of the year
Entrepreneurs from Edinburgh have been recognised for trailblazing technology to tackle carbon emissions, as they’re crowned small business of the year. CCU International were given the gong at the Federation …