They’re cheaper than the average cost of a London flat… If winter in London is feeling never-ending, there’s always the option to decamp somewhere else entirely. These private islands cost …
Retirement Planning
Unemployment lower than previously thought according to ONS following revamp of data collection
New figures from the Office for National Statistics (ONS) suggest that the unemployment rate has been falling over the past few months, a sign of the continued tightness of the …
Shares in British radiation detection firm Kromek jump following funding from Horizon Europe scheme
Radiation detection firm Kromek has won government funding under the Horizon scheme to develop its new technology, which can rapidly discover irregular radiation sources such as bombs. The Durham-based firm …
Vodafone: Turnaround gets harder after another miserable quarter in Europe
Vodafone has said its total revenue shrank by over two per cent in its third quarter due to contractions in Italy and Spain and sluggish growth in Germany, its biggest …
Revolution Beauty: Former boss to pay £3m to draw line under finance scandal
The founder and former chief of Revolution Beauty will have to pay close to £3m to the scandal stricken makeup brand to settle allegations he breached fiduciary duties to the …
CMC Markets: Upgraded guidance remains but firm to shed 200 jobs
More than 200 jobs will be slashed at CMC Markets, the investment platform founded by Tory peer Lord Peter Cruddas. In an update issued to the market this morning, the …
London Southend Airport owner Esken proposes settlement agreement over £194m loan
The owner of London Southend Airport has proposed a settlement agreement over demands to repay a £194m loan early. Shares in Esken slumped by over 40 per cent last month …
Santander and Lloyds reportedly helped Iran-backed oil firms evade UK sanctions
UK banks have provided bank accounts to holding companies linked to a state-backed Iranian petrochemicals company which has been under western sanctions since 2018, according to reports. The Financial Times …
Naked Wines appoints new boss as retailer struggles for survival
Loss-making Naked Wines has named its new chief executive four months after its former boss Nick Devlin stepped down amid a challenging period for the company. This morning, Rodrigo Maza, …
To lead the artificial intelligence revolution, London must first win over the sceptics
Artificial intelligence could be London’s next big industry, but only if we build the trust necessary to develop the tech, writes Michael Mainelli Despite AI already pervading so much of …