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London business news & insights

The Queen

Queen's speech 2015 - 6 pivotal things you need to know

Wed, 27 May 2015

Queen Elizabeth II makes her 62nd speech

The Snapchat icon

Billion-dollar app Snapchat "needs to IPO", says founder Evan Spiegel

Wed, 27 May 2015

In March, messaging app Snapchat was valued at a whopping $15bn.

Aer Lingus

Ireland to sell 25% stake in Aer Lingus to British Airways owner

Wed, 27 May 2015

But will larger shareholder Ryanair co-operate with deal?

Liz Kendall

Why top Labour donor John Mills is backing Liz Kendall for Labour leadership

Wed, 27 May 2015

What does the Labour Party need to do to appeal to more voters?

City drowning London underwater debt apocalypse

The drowned world: Goldman Sachs warns global economy is sinking under debt

Tue, 26 May 2015

Creative new policies are required to deal with mounting debt problems, bank warns

Sir Jonathan Ive

Apple has made Jony Ive chief design officer - here are 5 things you didn't know about him

Tue, 26 May 2015

Apple is the world’s most valuable brand ($145.3bn), we learnt earlier this month.

Cameron construction hi vis hard hat

Cameron to make £12bn Right to Buy scheme central component of Queen's Speech

Tue, 26 May 2015

Controversial programme will force social landlords to sell property at major discounts

Ryanair

Ryanair profits are up a huge 66% to £614m

Tue, 26 May 2015

The airline we love to hate has done better than expected – and has ordered new planes

O2

O2 signal loss leaves thousands of customers frustrated

Tue, 26 May 2015

Thousands of O2 customers were left frustrated today after they lost signal on their phones.

Sasha Williamson 622 466

One to watch: Luminet, the London business growing 41% year-on-year

Tue, 26 May 2015

Does this London firm have the solution to the productivity puzzle?

Sajid Javid business secretary 350

What Sajid Javid’s appointment means for business in Britain

Tue, 26 May 2015

The London School of Business and Finance chief executive on whether Sajid Javid can break down the walls between workplace and classroom

Bernie Ecclestone

Bernie Ecclestone is trying to wriggle out of a £1bn tax bill

Fri, 22 May 2015

F1 tycoon is going to court to challenge the bill

Kent earthquake graph

Earthquake hits Kent - shaking homes, rattling windows & setting off car alarms

Fri, 22 May 2015

Kent was hit by a 4.3 magnitude earthquake yesterday that shook buildings.

Nationwide - Nationwide to enter SME lending market

Nationwide profits up 54% to £1.04bn and is now second biggest mortgage lender

Fri, 22 May 2015

It’s been a great year for the building society

EU flag

Airbus warns Brexit puts investment in UK at risk

Thu, 21 May 2015

Leaving EU would make Britain less competitive Airbus chief says

Sir Stelios Haji-Ioannou

Can billionaire Sir Stelios's start-up, easyProperty, transform how we buy property?

Thu, 21 May 2015

How does easyProperty plan to compete in the very crowded space of property agents?

Burning cash

Revealed: The UK's 10 biggest banking fines

Thu, 21 May 2015

As the world’s five largest banks set to fork out $5.7bn (£3.6bn) in fines

Barclays bank

Barclays hit with £1.53bn penalty - the biggest bank fine in UK history

Thu, 21 May 2015

The world’s five largest banks are together set to fork out $5.7bn (£3.6bn) in fines.

Tom Rippin On Purpose

Want a career with a purpose? This might be what you need

Thu, 21 May 2015

Tom Rippin, founder of social enterprise On Purpose, explains

Shout megaphone

Businesses need to shout about the benefits of the EU, says CBI

Wed, 20 May 2015

Firms urged to “speak out early”

Marks and Spencer Marc Bolland

Marks and Spencer reports first profit rise in four years

Wed, 20 May 2015

Marks and Spencer has reported its first rise in profit for four years, with underlying profit before tax up 6.1% to £661.2m.

Bertie Stephens Flubit 622 466

This Harry Potter actor is taking on Amazon with his e-commerce venture Flubit

Tue, 19 May 2015

Why young entrepreneur Bertie Stephens’ firm Flubit is one to watch

Rollercoaster economy inflation

We’ve now entered deflation – here’s why

Tue, 19 May 2015

What pushed us into negative inflation?

Wonga

Wonga has finally got rid of those annoying puppet ads

Tue, 19 May 2015

The payday lender has opted for a more sober impression

David Cameron at party conference

Could Cameron make a drastic new move on bankers’ pay?

Tue, 19 May 2015

Perhaps, if a former adviser has his way

Barclays bank

Uh oh! Barclays set for £250m fine – the biggest EVER

Mon, 18 May 2015

British bank in hot water with record-breaking fine

Gordon Ramsay

Gordon Ramsay just handed out a £2.7m bonus to the boss of his restaurants

Mon, 18 May 2015

TV chef Gordon Ramsey has given shares worth £2.7m to the managing director of his restaurant group, despite turnover falling last year.

George Osborne

Axe to fall on Whitehall with civil servants facing 100,000 job cuts

Mon, 18 May 2015

“Bloody” spending review will make civil service smallest in recent history

New Look

South African billionaire snaps up New Look for £780m

Fri, 15 May 2015

South African billionaire Christo Wiese has bought fashion chain New Look for £780m.

Mark Carney BoE bank seated gesticulating

Carney’s punchy nuggets: BoE chief on the EU, and why UK productivity is not harmed by foreign workers

Thu, 14 May 2015

Bank of England chief executive Mark Carney has said that cheap foreign Labour is not harming Britain’s productivity, in fact the reverse.

Sajid Javid MP

Pale and male no more: Why the new Department of Business bodes well for boardroom diversity

Thu, 14 May 2015

Astus CEO Frances Dickens has high hopes for Business Secretary Sajid Javid

Picasso women of algiers

Picasso painting sold for $179m, becomes most expensive painting sold at auction

Tue, 12 May 2015

Women of Algiers by Pablo Picasso has become the most expensive painting ever sold at auction.

Lloyds banking group

We now own less than 20% of Lloyds

Tue, 12 May 2015

Government sells shares

Lord Sugar

Lord Sugar just resigned from the Labour Party - here's why

Mon, 11 May 2015

Lord Sugar fires himself from the Labour Party

Bank of England frozen

How embarrassing! Bank of England makes a £13.4bn blunder

Thu, 7 May 2015

Bank of England officials have misstated sales of UK government debt by £13.4bn.

 Hatton Garden hole 1

Hatton Garden heist: raid hits small businesses hard

Thu, 7 May 2015

The audacious diamond robbery in Hatton Garden has mostly struck small businesses, a loss adjuster working on the case has said.

Dollar

These are the world's 10 biggest companies

Thu, 7 May 2015

Apple NOT in the top 10 list

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Social Bookmarks

Property house flat keys buy rent

Why rent control is not the answer to London's housing problems

Thu, 28 May 2015

Karim Goudiaby, EasyRoommate CEO, explains

Tony Blair

Tony Blair steps down as Middle East peace envoy

Wed, 27 May 2015

Will the region actually be better off?

Student protest

Thousands of people are protesting the government as the Queen opens parliament

Wed, 27 May 2015

Anti-Tory protesters hit the streets again today

Qatar World Cup sponsor

Why is there not one company brave enough to boycott the Qatar World Cup?

Wed, 27 May 2015

FIFA needs to be hit the only place it hurts – the wallet

Europe Britain Cameron 350

EU referendum: “yes” vote will be to stay in union

Wed, 27 May 2015

Voters must choose Yes to remain in EU, No for Brexit

Charlie Charlie Challenge

What on earth is the Charlie Charlie Challenge that’s all over social media?

Tue, 26 May 2015

It’s half Ouija board, half children’s playground game, and it’s sweeping the internet

Lush cosmetics

The best and worst 100 shops 2015: Which squeaky-clean company comes out top?

Fri, 22 May 2015

And which nightmare stores are worth avoiding?

Boris in London taxi

Uber row: Company challenges Boris on minicab cap

Fri, 22 May 2015

Mayor invited to debate minicab cap with Uber boss

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