The National Infrastructure Commission (NIC) has called for further bill hikes and a shake-up of the way the UK’s electricity network is regulated to meet rapidly increasing demand for power. …
Estate Planning
Are Londoners losing their jobs thanks to Rachel Reeves’ tax hikes?
Play Video City AM’s opinion and features editor, Alys Denby, talks through the best writing of the week on business, markets, innovation and freedom with former government advisor and senior …
Economists warn of tax hikes after borrowing blow
Economists have warned that Chancellor Rachel Reeves will likely have to raise taxes or cut spending in March following the latest public finances update. Figures from the Office for National Statistics …
Ex-Lloyds executive wants to ‘fintech’ mortgages
A former Lloyds executive wants to accelerate the mortgage process by bringing AI into the mix. Stuart Cheetham worked at Lloyds bank for over a decade, spanning senior roles across …
New Look closes all stores in the Republic of Ireland
High street fashion giant New Look will fully exit the Republic of Ireland, putting all of its workers in the country at risk of redundancy. The retailer’s Irish arm, which …
Budget costing jobs and pushing up inflation, survey suggests
Private sector firms slashed staff at the fastest pace in over four years, a closely watched survey suggests, with companies pointing to the impact of last October’s tax-hiking Budget. According …
Working from home: Analyst on trial for £1m insider trading scheme
A former Janus Henderson analyst used working from home to make nearly £1m from insider trading, a court has heard. Redinel Korfuzi was on trial yesterday with his sister Oerta …
LIV: Trump, Yasir Al-Rumayyan and Tiger Woods meet in White House
President Trump, Public Investment Fund governor Yasir Al-Rumayyan and PGA Tour commissioner Jay Monahan met at the White House on Thursday with a new deal with LIV Golf edging closer. …
Banks including HSBC fined £100m for ‘anti-competitive behaviour’
Four of the largest banks in the world will pay fines totalling over £100m to the UK competition watchdog after traders shared market sensitive information about gilts in private chatrooms. …
Drayton Manor: Profit continues to slide as wet summer hits theme park
Profit at Drayton Manor has fallen for a fourth year in a row since the theme park was rescued out of administration as wet weather continued to suppress sales. The …