Borrowing in October hits second-highest on record after inflation blow Economics The government borrowed £1.6bn more in October than the previous year, making it the second-highest figure for the month in more than 30 years. The government’s borrowing – the difference between spending and income – hit £17.4bn in the last month, the Office for National Statistics said this morning. The body said the government’s current [...]
The Capitalist: Farmers protest heats up; Guardian strikes; Jaguar’s rebrand Diary The farmers protest escalates, Guardian hacks threaten strikes and more; catch up on the latest City gossip in The Capitalist.
75 litres of fake blood splattered my shoes in London’s most eccentric show Life&Style Blood Show at the Battersea Arts Centre review and star rating: ★★★★ 75 litres of fake blood. Four different varieties of fake blood to make the liquid more realistic. Blood Show, playing a short run at the Battersea Arts Centre until this Saturday, is London’s most eccentric show – and well worth your time. Somewhere in-between [...]
Inflation surprise scuppers hope of Christmas interest rate cut November 20, 2024 A bigger than expected rise in inflation last month has all but scuppered hopes of a cut to interest rates by the Bank of England in December. While economists had been expecting rising energy prices to push inflation beyond the Bank of England’s two per cent target last month, a sharper than expected lift in [...]
Naked Wines Competition 2024 November 20, 2024 Win BIG with Naked Wines and City AM Make this Christmas one to remember by winning a case of fine wine from the cellar of Naked Wines – and then three more cases over the coming year. The total value of wine you’ll receive will be more than £1,000. Not only that – the wine [...]
Hornby issues jobs warning amid Mike Ashley-led turnaround November 20, 2024 Hornby has warned that more job cuts are on the way after making a “signifiant headcount reduction” as part of its turnaround plan being aided by billionaire Mike Ashley. The Kent-headquartered company said the job losses have helped to save around £1m of annualised central costs in the six months to 30 September, 2024, while [...]
Allison Pearson: The bar for criminality is rightly higher than ignorant tweets November 20, 2024 Like her or loathe her, the Allison Pearson row shows why we all have a stake in defending free speech, writes Silkie Carlo.
Why a 24 per cent drop in insolvencies is not all it seems November 19, 2024 At first glance, the Government’s new figures on insolvencies appear cheery, with the number of companies going bust over the last year down 24 per cent, from 2,293 to 1,747. But analysts have suggested figures may have more to do with falling interest rates than the general health of the economy, in addition to warning [...]
The Great Christmas Feast review: the best seasonal event in London November 19, 2024 With rip-off Christmas events around every corner in the capital, it’s refreshing to find a yuletide event that takes itself seriously. The Great Christmas Feast is a theatrical event based on Charles Dickens’ A Christmas Carol, with a three-course meal served in intervals between the appearances of each of the ghosts. Inspired by Victorian cooking [...]
Exclusive: Labour approves Ardian and Saudi swoop for majority stake in Heathrow Airport November 19, 2024 The private equity group Ardian and Saudi Arabia’s £3.3bn deal for a 38 per cent stake in Heathrow Airport has cleared the final hurdle after receiving approval from the Cabinet Office, City AM understands. Whitehall sources confirmed to City AM the deal has been signed off by the government’s Investment and Security Unit (ISU), which [...]