The public sector’s productivity record is abysmal, and Rachel Reeves’ new Office for Value for Money shows she knows it. But will more bureaucracy really solve the issue, asks Paul …
Personal Finance
Bosses believe WFH will come to an end – wishful thinking?
Given the City of London is a major destination for commuters (especially those working in professional services) the new rhythm of hybrid working is perhaps more visible in the Square …
French film-makers get their claws on £35m of UK taxpayers’ cash to make Paddington movies
French film production company StudioCanal benefited from £35.8m of UK taxpayers’ cash to make a television series and three movies about British icon Paddington bear, with £13.4m alone handed out …
UK office market fails to keep up with European upswing in property values
The value of commercial property has risen for the first time since mid 2022 in Europe, although the UK office market bucked the trend and failed to show gains. Overall, …
London Stock Exchange boss: Britain needs to re-think ‘weird’ view of capital markets
The UK needs to view London’s capital markets as a “driver of the domestic economy” rather just a venue for share trading, the boss of the London Stock Exchange said …
The Notebook: Closing the gender pensions gap remains at least 20 years out of sight
The gender pensions gap is leaving many women facing poverty in retirement, and without urgent action, it will never close, writes Scottish Widows MD Jackie Leiper in today’s Notebook 20 …
After fining Metro Bank and Starling, which challenger bank will the FCA target next?
The Financial Conduct Authority (FCA) has signalled that it is ready to take a hard line against challenger banks for financial crime failings after dishing out hefty fines to young …
Exclusive: Reeves to reveal plans for ‘world first’ private stock market Pisces
The government will set out its plans for a “world first” private stock market tomorrow in a bid to revive the UK’s flagging IPO pipeline, City AM can reveal. At …
New £500m university science grant can ‘commercialise discoveries’
The government has announced it will stump up £500m for 4,700 post-graduate engineering and science university places in a bid to drive long-term economic growth. Science and technology secretary Peter …
St James’s Place continues exec shakeup with new chief risk officer
St James’s Place has continued its shakeup of senior staff with a new chief risk officer as Britain’s biggest wealth manager works to rebuild credibility. Chief risk officer Mark Sutton, …