Ofwat’s search for an independent ‘monitor’ who will report on Thames Water’s progress and have access to company information is already under way, City A.M understands. The new appointment is …
Investing
Bank of England warned to be wary of public sector pay deals
The Bank of England should be on the guard against the potential inflationary impact of Labour’s inflation-busting public sector pay deals, according to economists. Since entering office at the beginning …
UK economy still Europe’s ‘bright spot’ after latest PMI surveys
The UK continued to be a “bright spot” among Europe’s major economies with surveys suggesting that the UK’s strong first half of the year will continue. The latest ‘flash’ purchasing …
City of London Police constable charged with sexual assault
A City of London Police constable has been charged with sexual assault . A statement was issued this morning by the City of London Police regarding Constable Joseph Moore, who …
Taylor Swift’s Eras Tour boosts London amid calls for the icon to get Freedom of the City
On Tuesday night, Taylor Swift played the final show of the European leg of her record-breaking Eras Tour at Wembley Stadium. The results are in: London saw a boost in …
The on-off-on takeover saga that saved the London Lions from extinction
The inside story of the takeover by Lithuanian group Tesonet that rescued basketball’s London Lions from liquidation following the demise of serial sports speculators 777 Partners. For the London Lions …
Public sector spending on consultants hits record high despite efforts to cut
Public sector spending on management consultants has ballooned to a near-record high this year despite efforts to cut reliance on the expensive sector. Fees to consultants from central government, local …
Ted Baker seller in the red as jobs cut and stores closed amid focus switch to Suit Direct
A group which sells Ted Baker clothes across the UK slumped into the red as it significantly restructured itself to focus on its Suit Direct brand. As part of the …
Home REIT: Beleaguered trust targets lifting of trading ban
Home REIT has laid out its plan to apply to the Financial Conduct Authority to restore the trading of its shares, as the beleaguered trust’s chair admitted facing “very significant …
Shein uncovers child labour in its supply chain
Fast fashion giant Shein has admitted it found two cases of child labour in its supply chain last year in a revelation that will likely fuel concerns in the City …