Economy
Midday Markets: The one tax you could bank on
Friday 16 October 2026 1:18 pm A windfall tax on tanks had been rumoured at previous budgets The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straig…
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Economy
Chancellor John Healey Considers Bank Tax Amid Conflicting Signals
The UK's banking sector faces uncertainty as reports emerge of potential tax hikes, contrasting with recent supportive statements from the Chancellor.
News
South London Housing Project Wins Prestigious Stirling Prize
Lion Green Road development in Coulsdon recognized by Riba for innovative design and integration into natural landscape.
News
They asked for 80 homes – she gave them 157! Council-housing miracle named Britain’s best new building
Rising from bluebell woodlands and framed by rolling hills, this cluster of pink and brown brick towers in Croydon is a bittersweet winner of the prestigious RIBA Stirling prize If Andy Burnham is looking for inspiratio…
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News
Lambeth Council Halts Demolition of Two South London Housing Estates
Cressingham Gardens and Central Hill estates, celebrated for their 1960s architecture, are to be saved from demolition following a decade-long campaign by residents.
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Economy
Economy
Midday Markets: Is the UK economy ‘back’
Thursday 15 October 2026 2:15 pm | Updated: Thursday 15 October 2026 2:16 pm Healey has enjoyed a string of positive GDP prints The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the…
Economy
Richmond Council Proposes Kew Riverside Primary School Closure
Parents express deep concern over potential closure of Kew Riverside Primary School due to declining student numbers and budget deficits, citing the school's nurturing environment and community impact.
Economy
City of London Investment Banks Shift to Shared Infrastructure
Investment banks are moving away from self-operated back-office functions towards collaborative systems to support AI and reduce operational complexity.
Economy
London IPOs Hit Lowest Point Since 2023 in Q3
Only one company listed on the London Stock Exchange in the third quarter, marking the quietest period since late 2023, though capital raised saw an increase.
Economy
OpenAI’s London staff receive average of £2.3m per person annually
Accounts for the Westminster-based company behind ChatGPT show that 110 staff shared £87m in salaries and £168m in shares last year OpenAI’s London staff each received £2,318,181 on average last year, as the ChatGPT-mak…
News
Lewisham Council's 1970s Self-Build Housing Project Praised
A pioneering initiative in the 1970s provided materials and guidance for residents to build their own homes, fostering community and pride.
Economy
Government to Curb Non-Compete Clauses, Firms Eye Gardening Leave
New legislation aims to free up the jobs market, but legal experts anticipate businesses will shift to other restrictive employment practices like gardening leave.
Economy
Plus500 Launches Super-App in US Market
The London-listed fintech firm Plus500 is rolling out a new super-app exclusively for US users, signaling a significant expansion into the American market.
News
London's Oldest Restaurant Building Donated to National Trust
The historic home of Rules, established in 1798, has been gifted to the heritage charity to ensure its preservation.
Economy
Heathrow’s third runway is a bottomless money pit. Stop it now | Simon Jenkins
It won’t promote growth, will take decades and will swallow up billions of taxpayers’ money. The only winner will be the airport’s owners Infrastructure sends politicians berserk.
Economy
Greenwich Council Opposes Charlton Data Centre Proposal Amid Housing Concerns
A proposed 1 million sq ft data centre development in Charlton faces opposition from Greenwich Council, which prioritizes housing and regeneration plans for the area.
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