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Latest London news, business, sport, culture, celebrity and entertainment from The London Standard
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News
Popular Chelsea restaurant hit with six-figure fine for hiring illegal workers
2+ day, 2+ hour ago (567+ words) Seven people were found to be illegally working at a West London noodle bar during a Home Office immigration raid. The unauthorised employees, who were paid cash in hand, made up over half of the staff members found working at…...
London Tube strikes and rail fare freeze held back sales growth, Trainline says
2+ day, 3+ hour ago (503+ words) Trainline has said its ticket sales growth was held back this year by London Tube strikes, heatwaves and the Government’s freeze on rail fares. The online ticketing platform reported UK consumer net ticket sales of £2.1 billion for the six months…...
TfL moves step closer to bringing London buses into public ownership
5+ hour, 44+ min ago (832+ words) Transport for London (TfL) is moving a step closer to setting up its own publicly owned bus company for the capital, the Local Democracy Reporting Service (LDRS) has learned. Officials are set to start engaging bus operators later this month…...
Bank set to hold interest rates but ‘needs to be ready’ to act on inflation
2+ hour, 42+ min ago (653+ words) The Bank of England is expected to keep interest rates unchanged for the sixth time this year, but experts said it “needs to be ready” to hike rates if energy prices continue to surge. Most economists are expecting the Bank’s…...
Musk and Altman back calls to ‘slow down’ development of AI
2+ hour, 42+ min ago (455+ words) Elon Musk and Sam Altman have backed a call from the boss of Anthropic for the artificial intelligence (AI) industry to “slow down” to give safety measures time to catch up. In an essay titled We Must Pace the Frontier,…...
Former chancellor George Osborne says Britain should rejoin customs union
2+ hour, 41+ min ago (387+ words) Former chancellor George Osborne said Britain’s economy has “fallen off a cliff” since Brexit and that rejoining the European Union’s customs union would be the fastest route to recovery. Mr Osborne, who resigned as chancellor after being part of David…...
Kemi Badenoch will 'abolish inheritance tax' if she wins next election
2+ hour, 42+ min ago (600+ words) Kemi Badenoch is likely to abolish inheritance tax if the Conservatives win the next general election, according to party sources. The proposal could be unveiled as early as next month’s Conservative Party conference in Birmingham, as Badenoch seeks to build…...
Berkeley calls for ‘urgent’ stamp duty reform to meet housebuilding targets
2+ day, 52+ min ago (479+ words) Housebuilder Berkeley Group has urged the Government to cap stamp duty for first-time buyers and downsizing homeowners in order to support property demand. The FTSE 250 company said “urgent reform” was needed to help meet the Government’s target of building 300,000 new…...
Government urged to deliver crackdown on zero-hours contracts
12+ hour, 36+ min ago (342+ words) The Government is being urged to deliver a promised crackdown on zero-hours contracts, amid “baseless myths” from those opposed to the move. TUC general secretary Paul Nowak will say that some business lobbyists should be “faced down”, arguing that the…...
William to launch regeneration fund to help village near Dartmoor prison
12+ hour, 36+ min ago (499+ words) The Prince of Wales is to launch a new regeneration fund next week to help the isolated rural community next to Dartmoor prison. William will visit Princetown on Tuesday to unveil The Princetown Community Fund – which will make at least…...