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  • Uber wants your journey on tape as safety concerns mount

    May 29, 2026

    Uber is turning passengers’ phones into in-car recording devices as the ride-hailing giant introduces a new feature allowing users to capture audio during journeys amid growing concerns around safety and identity verification. From Thursday, riders across the UK were able to press record before or during trips directly through the Uber app, with encrypted audio [...]

  • Burnham hits back at Blair with more state control for ‘good growth’

    May 29, 2026

    Andy Burnham has called for stronger state intervention in the economy to deliver what he calls “good growth,” lashing back at Tony Blair’s blueprint for Labour’s future direction. The Greater Manchester mayor conceded areas of agreement with the three-time election winner — notably on the importance of economic growth— but accused Blair of a “gaping [...]

  • Top banks urge Rachel Reeves to expand small business lending scheme

    May 29, 2026

    Top UK banks are lobbying Rachel Reeves to beef up the government’s small business lending scheme in a bid to unlock more capital to be lent to firms. A letter penned by UK Finance – the banking industry body that represents the likes of Barclays, Lloyds and Natwest – has called for the Chancellor to [...]

  • Private equity boom slows down as the deal bar rises for City firms

    May 29, 2026

    Private equity interest in professional services remains, but the era of easy deals is over as most attractive targets have already been acquired, and investors are now more selective, writes Maria Ward-Brennan. The bubble around private equity interest in the professional services industry has started to deflate, as most of the “low-hanging fruit” has already [...]

  • £450m City block approved after developers lop three storeys of plan

    May 29, 2026

    Revised plans for a new £450m tower in the City have been rubber-stamped by the Square Mile’s planning committee after developers chose to lop three stories off the building’s design in response to fierce local criticism. Canada Corporation greenlit an adjusted proposal for the 1 Silk Street mega-scheme on Thursday, saying it [...]

  • As it happened: Stocks rise on Iran peace hopes; Asda and Ocado deal

    May 29, 2026

    Good morning and welcome back to the City PM liveblog. After investors kicked into sell-off mode on Thursday amidst spiking tensions as the US and Iran exchanged strikes, attention is quickly turning back to hopes of a peace deal this morning. US and Iranian negotiators are reported to have reached an agreement on a 60-day [...]

  • Champ Rugby: Bedford vs Worcester shows strength of second tier

    May 29, 2026

    This Sunday afternoon at Bedford Blues’ Goldington Road could be pandemonium. The home team take on Champ Rugby giants Worcester Warriors looking to be crowned winners of English rugby’s second tier.  But what’s the point, when you cannot get promoted? Well it is the continued proof that the Champ is and can be competitive, where [...]

  • Reeves’ summer of fun won’t deliver growth

    May 29, 2026

    Instead of attempting to stimulate demand, Reeves should focus on helping hospitality from the supply-side, writes Matthew Bowles.

  • I’m a social landlord, but London housing needs the private sector

    May 29, 2026

    Any mention of the private sector is met with rejection, or even disgust, in some quarters of the social housing sector, but we both need each other, writes Andy Hulme.

  • Moving abroad won’t save you from the British tax man

    May 29, 2026

    Brits have become ensnared in tax traps following an upheaval of the system by Chancellor Rachel Reeves in the past two Autumn Budgets. UK households have been slammed by a number of shake-ups, including an extended freeze of the income tax thresholds, a hike to dividend tax and a new ‘mansion tax’ on properties valued [...]

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