Privacy group slams supermarkets for using ‘Orwellian’ facial recognition cameras July 26, 2022 Privacy rights group Big Brother Watch has filed a legal complaint with the UK data watchdog claiming that Southern Co-operative’s use of live facial recognition cameras in its supermarkets is “unlawful”.
Westminster must relax its grip on the purse string to fix regional inequalities February 2, 2022 Last week, Michael Gove visited Wolverhampton as he prepared to release the levelling up white paper out today. The central aim of this government has been to re-energise regions across the country to ensure investment and opportunities are shared widely. In the West Midlands, we have already begun the journey to create more opportunities and [...]
Saturday Sitdown: Soho Housing’s chief on why ‘we need to rethink the way we use central London’ March 19, 2022 Insurance giant Admiral recently warned that nearly nine out of ten Londoners can no longer afford the average cost of rent in the capital. The demand for rooms to rent is much higher than the available supply, thereby leading to such increases that most Londoners cannot keep up with, the company cited as the main [...]
Mark Kleinman: Vodafone pressure, steel woes and a new business boss October 6, 2022 Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Vodafone boss hopes deal eases the pressure At last, an engaged tone. Two months after I wrote in this column that Nick Read, the Vodafone chief executive, was looking nervously over his [...]
Our regulators can protect high standards and deliver strong competition in the UK February 7, 2022 The UK’s banking and finance markets are fiercely competitive, with firms fighting for business and customers every single day. At the same time, the UK competes with financial centres around the world to secure business and attract new investment and talent. Late last year, the Treasury set out a range of proposals to help ensure [...]
Demand for e-commerce space to drive rental growth in London boroughs October 21, 2021 Dark kitchens and grocers could create 12m square foot of last mile logistics space requirements by 2025. Knight Frank has found that there will be an increasing need for spaces for same-day delivery firms, like Amazon, as well as ghost kitchens. A demand for urban logistics units has sharply driven down vacancy rates in urban [...]
The Christmas Day Quiz: City A.M. tests out your grey matter December 24, 2022 It’s the Christmas Quiz you’ve been waiting for! Each year City A.M. publishes Deloitte’s economics team’s festive brainteasers, produced as part of their regular Monday briefing. Grab a pen – the answers are at the bottom, and come packed with plenty of extra details… 1. The nineteenth century Scottish historian and philosopher Thomas Carlyle dubbed [...]
FCA pushes for reform of London’s listing regime in an attempt to boost growth: ‘A radical set of changes’ May 26, 2022 The City watchdog has outlined plans to reshape the two-tier structure of the London Stock Exchange’s main market today in a bid to simplify listing rules and tempt more fast-growth tech firms to come to market. The Financial Conduct Authority revealed proposals to do-away with the current split between a higher “premium” tier of the [...]
The Christmas Quiz: Twelve questions to test your grey matter December 14, 2022 Roll up, roll up, for the City A.M. quiz in association with Deloitte's economics team. Twelve questions, all (just about) related to business and economics
Weekend read: First-time home now have to stump up £33k more than before Covid hit April 24, 2022 How much worse off are Britain’s first-time buyers now the pandemic starts to settle? Quite a bit, as it turns out, largely as a result of the post-pandemic property market boom. A new analysis of first-time buyer house prices looked at the cost of purchasing a first home before the start of the pandemic in [...]