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Ministers drop plan to relax affordable housing rules after negative response

The government said on Monday it would not go ahead with proposals to end affordable housing quotas for private builders on sites containing between 10 and 49 houses after a consultation triggered an overwhelmingly…

Virgin Trains a step closer to running services to Europe in blow to Eurostar

The Office of Rail and Road (ORR) said it had given approval for Richard Branson's company to run as many as 20 daily return services using the High Speed 1 line that runs between London St Pancras and the Channel…

We take a food and drink Odyssey through the Square Mile

Vote for your favourites on our website here . As The Odyssey continues to smash records – it’s now Christopher Nolan’s highest ever grossing film – I thought I would take an odyssey of my own through the Square Mile and…

Paramount-Warner Bros deal faces ‘sufficient competition’, says CMA

In a full decision published on Monday, the Competition and Markets Authority (CMA) laid out why it cleared the £111bn tie-up earlier this month , after examining its impact on cinemas, streaming, children’s television…

China’s economy showing signs that slowdown may be extending

After the world's second largest economy posted one of its lowest quarterly growth readings on record in the three months to June, the latest figures suggest it continued to falter in July. Factory output grew 4.5% from…

Leading economies’ borrowing costs hit highest since 2008 crisis

Concerns over rising prices and government spending pushed up the cost of debt issued by Paris, Berlin, Washington DC, Tokyo and London as investors fretted that rising prices would push up interest rates. The yield, or…

Watchdog takes aim at lawyers blaming juniors for AI blunders

The Solicitors Regulation Authority, the legal regulator for over 200,000 English and Welsh solicitors, said in a warning notice issued on Monday that those in charge of supervising junior colleagues may also be…

From China with Love: Xpeng’s Luxury Ambition

For affluent professionals used to proven premium brands, the next chapter of that transformation is becoming ever more challenging to turn a blind eye to, writes our motoring journalist Tim Barnes-Clay. I had seen more…

Labour backbencher adds to criticism of stamp duty on shares

A Labour backbencher with experience in the financial services sector has urged Healey to reconsider stamp duty on shares in UK trading. Callum Anderson, the Labour MP for Buckingham and Bletchley, set out a list of…

New Aston Martin Valen is a V12 Vanquish with added attitude

Do you have the Vanquish, an elegant, decadent GT with a full-cream V12 up front? Or do you choose the Valhalla, a fiercely focused supercar with a mid-mounted, hybrid V8? It’s a textbook example of what social media…