London Marathon director plays down fears of protestors disrupting Sunday April 19, 2023 The director of the London Marathon Hugh Brasher has played down the idea of the iconic 26.2-mile event being disrupted by protestors such as Extinction Rebellion. Brasher has said that Extinction Rebellion has assured the event – which will see elite athletes joined by 45,000 general participants run, walk and hop past some of the [...]
NBA star becomes part-owner of London Lions basketball team April 19, 2023 Harlesden-born NBA star OG Anunoby has returned to his roots by becoming a part-owner of British Basketball League side London Lions. Toronto Raptors wing Anunoby, 25, has taken a minority stake in the team, which is majority owned by American investment group 777 Partners. His investment is another boost to the Lions, the leading team [...]
LNG boom attracts Asian energy giants to London as Europe fights blackout threat August 6, 2023 Soaring demand for LNG in Europe has triggered a flurry of activity in London, with Asian energy companies looking to maximise booming trade.
FTSE 100 close: Stronger growth not enough to keep London markets from dropping August 11, 2023 London’s FTSE 100 closed significantly lower on Friday, despite a better than expected GDP reading, as a stronger pound and concerns over the Chinese economy dampened sentiment. The FTSE 100 index closed 1.26 per cent lower at 7,522.86 while the mid-cap FTSE 250 index fell 0.9 per cent to 18,822.50. The disappointing performance came despite [...]
London Tech Week: Sunak and Hunt’s charm offensive was no light touch June 12, 2023 Charlie Conchie, City A.M. investment editor, reflects on day one of London Tech Week. What’s a growth mindset and how can I get one? Solving the UK’s tech investment gap is not just tweaking rules and regulation, Chancellor Jeremy Hunt said yesterday, but also “looking at our mindset”. “That’s something I think we need everyone’s [...]
London Stock Exchange boss: Listing rules shake-up is just ‘one part’ of required reform December 20, 2023 The Financial Conduct Authority is taking “decisive steps” to overhaul London’s listing regime but tweaking the rules is just "one part" of the reform need for UK capital markets, the London Stock Exchange chief has warned.
FTSE 100 close: London markets close in the green after US inflation print August 10, 2023 London’s markets ended higher as investors were boosted by data which suggested the US had got a firm grip on its inflation problem. The FTSE 100 index ended 0.4 per cent higher up to 7,616.38 while the mid-cap FTSE 250 index climbed 0.3 per cent to 18,986.76. Although US inflation increased slightly for the first [...]
The Notebook: Sport can be a key growth market for London in 2024 but only if we back evolution and ambition December 19, 2023 Where the City’s movers and shakers get a few things off their chest. Today, Matt Hardy, City A.M.’s deputy sports editor, takes the pen. Sport can be key to 2024 London growth Sport is worth tens of billions to our capital. Whether that be through the Premier League’s London derbies, world class stadia at our [...]
‘List of lazy outdated takes’: Short seller’s London jibe riles UK tech chiefs October 9, 2023 London tech bosses have hit back today after short seller Carson Block launched an attack on the quality of talent and skills in the capital. In a recent interview with City A.M., Block took aim at the capital’s tech credentials and said firms listed outside of the US “was almost always a flag”. “The money [...]
London landlord Soho Estates swings to loss as commercial property values fall despite revenue jump December 28, 2023 The portfolio of central London property group Soho Estates dipped in value last year and dragged the firm to a loss even as revenues bounced back to pre-pandemic levels, accounts have revealed.