Expectations of an interest rate cut and continued tight supply helped house prices to rise for the third successive month in May, the Office for National Statistics has said. Average …
Personal Finance
Harland & Wolff slams ‘misleading’ claims government won’t back £200m loan
Troubled shipbuilder Harland & Wolff has dismissed reports that the government will reject its request for a £200m loan guarantee. The Belfast-based shipyard, which is best known for building the …
King’s Speech: Criminal justice system in focus as Starmer promises to put victims first
At the heart of Labour’s plan to “take back our streets” is four Bills targeting reforms to the criminal justice system including reducing delays in the criminal courts. The government …
D&D boss David Loewi: Labour will be great for hospitality
For three decades David Loewi and Des Gunewardena ran one of the biggest and most successful restaurant companies in the land. They were the titular “D”s in restaurant group D&D …
London cyber firm CultureAI raises £8m to double workforce and ‘fix human error’
London-based tech company CultureAI has secured $10m (£7.7m) in a Series A funding round, co-led by Mercia Ventures and Smedvig Ventures. The investment is set to propel CultureAI’s product development, …
Hopes of a summer interest rate cut fade ahead of crunch wage data (and it’s partially due to Taylor Swift)
With the Bank of England’s latest interest rate decision just two weeks away, today’s inflation figures for June were always going to be important. The figures showed that inflation came …
King’s Speech: Labour to legislate OBR fiscal lock to boost ‘market credibility’
Labour will legislate for a fiscal lock to require the Office for Budget Responsibility (OBR) to provide an independent assessment of any major tax and spending plans. Sir Keir Starmer …
London council slammed for ‘severe’ data breach in ‘avoidable’ cyber attack
Britain’s data watchdog has lambasted London’s Hackney Council for a cyber attack that “severely” impacted residents, saying the breach was “a clear and avoidable error.” In October 2020, hackers infiltrated …
King’s Speech: Planning Bill unveiled to lift ‘brake’ on economic growth
A new Planning Bill unveiled in the King’s Speech is intended to lift the “major brake” on the UK’s economic growth, by unlocking housing and infrastructure projects across the country. …
King’s Speech: From no-fault evictions to having a pet, here’s what Labour’s Renters’ Reform Bill will do
Labour’s Renters’ Reform Bill will introduce significant changes to rented housing in England and Wales, including on no-fault evictions and having a pet. Legislation will be introduced “to give greater …