Last night, Shadow Chancellor Rachel Reeves delivered the prestigious Mais Lecture. She wasn’t the first female Labour shadow Chancellor to make the address, as that honour went to her predecessor …
Personal Finance
Bank of England embarks on ‘Kardashian-style spending spree’ as IT budget hits almost £100m
The Bank of England has increased its IT budget to nearly £100m, while its staff are sharing an almost-£50m pot, City A.M. can reveal. The data, obtained by the think …
Fresh UK-wide train strikes set for April as drivers seek pay rise
A fresh round of train strikes are set to be staged next month with drivers across 16 companies preparing to walk out as part of a long-running dispute over pay. …
Philip Hammond’s Railsr floats merger with Equals Group
Railsr, the fintech company chaired by former chancellor Philip Hammond, has confirmed it’s been running the rule over rival Equals Group. Equals confirmed that as part of an ongoing strategic …
House prices show stability despite higher interest rates, but rents continue to surge
According to new government figures, average price house prices were £2,000 cheaper in January compared to the same period the year before. The latest report from the Land Registry on …
London Tube strikes announced as Aslef union workers to walk out in April and May
London commuters will face disruption in April and May following the Aslef Union announcing new dates for Underground walk-outs. Aslef said tube drivers in the union backed strikes on Monday …
Sharp fall in inflation not enough to change the Bank of England’s approach – yet
Inflation dropped at its fastest pace in nearly half a century this morning, but the Bank of England is unlikely to change tack from its cautious approach just yet. The …
Investors shun social media advice for independent financial media after meme stock saga
Retail investors are increasingly shunning social media for their financial advice despite its rise in prominence during the meme stock frenzy of 2021. A total of 42 per cent of …
‘Why did she say that?’: Tennis stars Halep and Wozniacki in doping row at Miami Open
Women’s tennis has become embroiled in a war of words after former world No1s Simon Halep and Caroline Wozniacki clashed at the Miami Open over Halep’s doping record. Wozniacki questioned …
Sausage roll chaos: Greggs forced to go cash-only and some close due to payment issues
Chaos is unfolding across franchises of the UK’s favourite chain bakery Greggs this morning, after a payment issue forced them to go cash only. Prospective Greggs sausage roll consumers in …