london

Asda and Wayve Team to Test UK Driverless Grocery Delivery
Asda and Wayve Team to Test UK Driverless Grocery Delivery
April 17, 2023  |  Retail

Asda has launched what it calls the U.K’s largest driverless grocery delivery trial. The supermarket chain has teamed with autonomous vehicle technology startup Wayve to deliver groceries to...

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Rodeo Raises $5 Million for ‘Operating System’ for Gig Workers
Rodeo Raises $5 Million for ‘Operating System’ for Gig Workers
April 06, 2023  |  Investments

Rodeo has reportedly raised $5 million for its “operating system for gig economy workers.” The London-based company was founded in 2021 and its app has...

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Geely Backs Electrification of London’s Black Cabs
Geely Backs Electrification of London’s Black Cabs
January 23, 2023  |  Transportation

The company that manufactures London’s black cabs plans to turn the capital’s taxis all-electric. Geely, the Chinese auto manufacturing group that owns the London Electric...

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Banks Help Power Foreign Real Estate Investing in London
Banks Help Power Foreign Real Estate Investing in London
December 19, 2022  |  Real Estate

A weak pound sterling is making London a prime target for GCC real estate investing. And there are plenty of banks in the city ready...

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Perwyn Acquires VIXIO Regulatory Intelligence for Gambling Payments Regulation
Perwyn Acquires VIXIO Regulatory Intelligence for Gambling Payments Regulation
December 12, 2022  |  Acquisitions

European private equity investor Perwyn has bought VIXIO Regulatory Intelligence. VIXIO, a London-based FinTech that provides data and intelligence to the gambling payments industry, said...

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UK Looks to Hold Onto Global Finance Center Status
UK Looks to Hold Onto Global Finance Center Status
November 29, 2022  |  Digital-First Banking

The U.K. will amend its banking rules to help London remain a global finance hub. As Reuters reported Tuesday (Nov. 29), London city minister Andrew...

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Report: Fewer Shoppers Spending More in London’s West End
Report: Fewer Shoppers Spending More in London’s West End
October 09, 2022  |  Retail

The New West End Company (NWEC), which represents over 600 businesses in the West End of London, has said domestic spending is likely to see...

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Citi to Exit UK Retail Banking, Focus on Wealthiest Customers
Citi to Exit UK Retail Banking, Focus on Wealthiest Customers
September 21, 2022  |  Banking

Citigroup is planning to end its retail banking operations in the U.K., shifting its focus to its wealthiest clients. According to a news release Wednesday...

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Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
August 29, 2022  |  POS Innovation

This week and for the first time since 2019, Londoners gathered for the annual Notting Hill carnival, a street festival and celebration of the city’s...

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