Sky News cancels Tory leaders debate after Sunak and Truss pull out July 18, 2022 Sky News has cancelled the third Tory leadership debate planned for tomorrow, after frontrunners Rishi Sunak and Liz Truss today said they would not participate. It comes after a bruising ITV debate last night, which saw candidates launch vicious attacks on each other for 60 minutes. The clashes were particularly heated between Sunak, Truss and [...]
Even high-earners feeling the pinch: Over a quarter on £100K pay cheque to pay cheque November 17, 2023 Around one in four people earning a six-figure salary say they are living pay cheque to pay cheque, according to a survey. Some 26 per cent of people surveyed across the UK with an annual income of £100,000-plus said they had no money left at the end of the month, wealth manager RBC Brewin Dolphin [...]
Atom Bank boss backs London as home for much-anticipated IPO February 15, 2023 The chief of digital lender Atom Bank has publicly thrown his weight behind London as its home for an eventual initial public offering, in a boon to the City as it looks to tempt in more tech listings.
Boris Johnson tells leaders at Cop27 to not ‘to go weak on net zero’ November 7, 2022 Boris Johnson has today told world leaders that now is “not the moment to go weak on net-zero” at the Cop27 climate summit in Egypt. Referencing the global energy crisis, the former Prime Minister said “much damage has been done in just one year to our common purpose of tackling man-made climate change” but that [...]
Swelling tax burden to highest level since 1950s is ‘understandable’ January 27, 2022 The government’s decision to saddle Brits with the heaviest tax burden since the 1950s is “understandable,” according to a group of cross-party MPs. A ramping up of government spending announced at the October budget to deal with the ongoing fallout of the Covid-19 crisis is needed “given that the country is still in the midst [...]
We can’t wean politicians off the Nimbys, so we must get them on board with housing May 22, 2023 Is there a way to placate the anti-housing Nimbys, even if we can’t bring them on board, writes Noah Khogali
The Notebook: Hunt must scrap the tourist tax if the UK wants to stay competitive January 29, 2024 Where the City’s movers and shakers have their say. Today, James Chapman, Director of Soho Communications, takes the Notebook pen. The tourist tax is causing the UK to fall behind European rivals Ahead of his Spring Budget, Chancellor Jeremy Hunt is casting around for measures to promote that most elusive of things, economic growth. It’s [...]
Musk verification, laughing gas, webcam gaffes, ChatGPT and cyber crime pay: Here’s your week in tweets! March 31, 2023 The markets quietened this week, with European banking stocks recovering the losses they had posted in the week after Credit Suisse’s shotgun marriage with UBS. But the internet never sleeps and the news rumbles on, so City A.M. have sorted through cyberspace to bring you the best of what you might have missed. 1. Elon [...]
Boris Johnson expected to run in the Tory leadership contest October 20, 2022 Boris Johnson is expected to stand in the Tory leadership contest next week, with sources close to him saying he thinks it’s in the “national interest” for him to run. The Times is reporting that Johnson’s allies are taking soundings within the Tory parliamentary party and that he will likely put himself forward as a [...]
Moving markets today: What’s shaping the FTSE 100 this morning January 8, 2024 Moving Markets Today: Asia Stocks Trade in Tight Ranges, U.S. Congress Leaders Finalize $1.66 Trillion Budget; Alaska Airlines Cancels 170 Flights, Corporate Earnings Season Begins Investors in Asian stock markets were cautious as they await inflation data from both the U.S. and China, as well as company earnings. U.S. Congress leaders have agreed on a [...]