London Heathrow, the UK’s busiest airport, is grappling with a second consecutive day of disruption after a cyber attack on a critical airline IT system forced carriers to abandon automated …
Investing
Backlash grows as Reeves eyes VAT raid on cabs
Rachel Reeves is facing a mounting backlash over plans to impose VAT on taxi fares, with campaigners warning the move will hammer rural residents, make it harder for disabled people …
Oxford Street one-day traffic ban is start of ‘fight to rescue street’, mayor says
The mayor of London has said a one-day trial banning traffic from part of Oxford Street marks “the day the fight back began to rescue this street”. Sir Sadiq Khan …
KPMG: UK taxes to rise steadily to combat mounting public spending pressures
The UK government faces tough tax choices in the years ahead with mounting public spending pressures versus sluggish economic growth, according to new forecasts. Economists for KPMG said it had …
Lime boss calls on UK businesses to ‘keep bikes off busy pavements’
Lime is calling on UK businesses to help tackle London’s e-bike congestion and the patchwork of borough regulations by providing dedicated parking bays for riders. The bright green bikes have …
Fewer than 1 in 5 senior finance roles held by women
Women make up less than 20 per cent of senior leadership roles at UK financial services businesses, highlighting the persistent gender gap at the top of the industry. According to …
Trump’s trade war pushes exports and people to UK
President Donald Trump’s brutal tariffs have pushed Canadian exporters across the pond, fresh data has shown, with further US policies on immigration also expected to draw more workers towards the …
Economists tell Rachel Reeves to target wealthy pensioners
Chancellor Rachel Reeves should target wealthy pensioners to ease pressures on the public purse and allow infrastructure investment pledges to be protected, top economists and former ministers have said. Former …
UK to explore ‘reparations loan’ for Ukraine using frozen Russian assets
Rachel Reeves will announce plans to explore using frozen Russian assets to fund a “reparations loan” that could provide billions of pounds for Ukraine’s war effort. The Chancellor is expected …
Gen Z don’t care about your smartwatches – here’s why
From City AM The Magazine‘s Autumn edition, Gen Z are the first digital native generation but they’re turning to analogue timepieces over smartwatches It’s ironic that the generation that grew …