Frankie Dettori has announced that he will take up a new role as an ambassador for Kia Joorabchian’s Amo Racing after his US swansong at this weekend’s Breeders’ Cup. The …
Investing
Monzo names new chief as London becomes top IPO choice
Digital banking giant Monzo has tapped an Astrazeneca board member as its new chief executive as the firm lays the ground for a blockbuster public listing. The London-based fintech is …
Labour trails plans to fight cyberattacks
The UK government is set to take further action to bolster national cyber resilience, City AM understands, as cybercrime continues to surge across the country. High-profile attacks on businesses, from …
How London’s luxury property market ground to a halt
On Bishops Avenue, it is quiet. On a recent weekend walk down the mile-long parade of luxury mansions, not a single other person could be spotted strolling along the pavement. …
Rachel Reeves rented out her home without a licence
Sir Keir Starmer has ruled out an investigation into Rachel Reeves after she admitted that she rented out her family home without securing a licence. The Chancellor referred herself to …
Record number of UK businesses face financial woes ahead of Budget
The number of UK businesses in ‘critical’ financial distress has surged as the economy cries out for certainty in Rachel Reeves’ November Budget. The number of businesses in ‘critical’ financial …
The angel’s share: The unique challenges of whisky lending
At its core, the process of lending money to businesses isn’t particularly complex. Banks and other lenders price loans based on the risk of lending, calculated by assessing a company’s …
Standard Chartered upgrades outlook as wealth management business outperforms
Banking giant Standard Chartered has upgraded its income target for the full-year after its booming wealth business powered profit higher. The FTSE 100 lender posted a pre-tax profit of $1.8bn …
Trump’s DEI crackdown sparks ethics exodus across UK businesses
US President Donald Trump’s crackdown on initiatives such as diversity, equality and inclusion (DEI) and environmental sustainability has drifted across the Atlantic. According to research by law firm Freeths, over …
Virgin Media O2 and Starlink race to fix London’s connectivity crisis
Virgin Media O2 has switched on its first ‘giga site’ in central London, a move aimed at improving mobile connectivity across the UK. The site, which combines low-mid and high-band …