The chief executive of Natwest has said the lender is open to acquisitions and predicted more consolidation in the UK banking market over the coming years. Speaking at the Goldman …
Transport for London hits £138m operating surplus but investment in upgrades falls
Transport for London (TfL) hit an operating surplus of £138m in the last financial year but investment in its network dipped amid a dearth in government funding. In its financial …
Reeves being lobbied to hike capital gains tax by Labour party
Rachel Reeves is being pressured by members of her shadow cabinet to raise capital gains tax in her first autumn budget if Labour is elected on July 4. Front bench …
Local news publisher Mill Media to come to London
Regional news outlet Mill Media will use capital raised in a successful fundraising round last year to launch a London operation by the end of 2024, the publisher has said. …
ECB cuts interest rates by 25 basis points but warns on ‘elevated’ inflation
The European Central Bank (ECB) started the firing gun on interest rate cuts on Thursday but hopes of a steady downward rate path were dashed by cautious policymakers. In a …
Amazon hit with ‘biggest ever’ UK class action in £1bn legal case
The ‘biggest ever’ class action will be filed to a London Tribunal on Thursday against Amazon over allegation it has illegally misused data and manipulated its Buy Box. Law firm …
Premier League clubs vote to keep VAR but vow to make changes: the details
Premier League clubs have voted in favour of keeping VAR – but have issued a six-point plan to improve the way that is used in the English top flight. The …
London Stock Exchange boss wants market screen in Paternoster Square to create ‘razzamatazz’ – but it’s complicated
Julia Hoggett wants to put a live markets screen on the front of the London Stock Exchange in Paternoster Square as part of efforts to create “razzamatazz” around the embattled …
Extreme E to return to Britain with Scotland leg
Electric racing series Extreme E will return to Great Britain this season as the off-road motorsport heads to Scotland. The Glenmuckloch opencast coal mine in Dumfries and Galloway will host …
Thames Water ramps up plans for Abingdon Reservoir with public consultation
Thames Water has ramped up its plans for C, which it says will secure its ability to supply the growing population across London and the South East. The water company, …