Government unclear on where taxpayer money to fix potholes has gone
Billions of pounds each year is going to councils but given the money is not ring-fenced, ministers have no idea how it is being spent.
FCA looks to ease consumer duty burden as Reeves pushes regulators for growth
The Financial Conduct Authority (FCA) will look to ease the burden of complying with its stringent consumer duty rules as part of a push to cut red tape in the City and unlock growth. In a letter to t
Can Liverpool replace London as UK’s tourism capital?
The Liverpool City Region is making a bold play to replace London as the tourism capital of the UK. Local leaders have unveiled a five-year plan which it hopes will boost the region’s economy, creat
What is driving the FTSE 100 surge?
The FTSE 100 has hit a new all-time high today, with the index within touching distance of 8,500 for the first time. Since the start of the week, London’s main index has grown almost three per cent,
The Week in Business, with Christian May: anyone got any growth ideas?
This week, City AM Editor Christian May looks at the government's search for growth and asks whether the UK's army of regulators are best placed to help.
Elon Musk wants to ban WFH for millions in the US government
Elon Musk may terminate remote work for millions of federal employees, as he steps into his new role as head of the Department of Government Efficiency (D.O.G.E). The tech titan and outspoken Trump su
Next: Lord Wolfson warns Budget will make it ‘harder’ to enter workforce
The boss of retail giant Next has warned that tax rises announced in the Budget will make it “harder and harder for people to enter the workforce”. Lord Wolfson told the BBC that the government’
Superdrug hails record Christmas as sales surge
Superdrug has hailed its Christmas trading as its best ever after sales rose by more than five per cent in the final weeks of 2024. The high street retailer said it was boosted by one gift set being s
Apple: AI news alerts on iPhones halted after backlash
Apple has paused its new artificial intelligence (AI) feature for news apps, after facing criticism over repeatedly inaccurate alerts. Pressure mounted for the tech behemoth as BBC, among others, comp
Retail’s Christmas results don’t match up to the gloom in the market
If you were to judge the health of the retail market solely from the last two weeks of festive trading results, you would think the market is in rude health. But that would be a significant departur