Royal Mail and miners weigh heavily on FTSE – London Report November 19, 2014 THE FTSE 100 ended a four-day rally yesterday as falling iron ore prices hit mining stocks and trading updates from Royal Mail and testing firm Intertek disappointed investors. Hit by its heavy weighting in commodity-related stocks, the blue chip index underperformed European peers, dropping 12.53 points, or 0.2 per cent, to 6,696.60 points. One of the [...]
Battle of Britain memorial flypast route in pictures: Prince Harry gives up Spitfire seat as David Cameron and Jeremy Corbyn commemorate WWII 75th anniversary September 15, 2015 Thousands of people across the south of England, including His Royal Highness Prince Harry, have watched the impressive sight of a classic World War II flypast to commemorate the 75th anniversary of the Battle of Britain today. Prince Harry was in attendance at Goodwood Aerodrome in West Sussex where around 40 Spitfires, Hurricanes and Blenheims participated [...]
CoolBrands 2015: Apple crowned the king of cool as Google slips September 27, 2015 Apple has retained pole position for the fourth year in a row in a ranking of companies' brand appeal, according to pollsters CoolBrands. Its tech rival Google, however, dropped out of the top 10 altogether, slipping to 12th from sixth in 2014. Despite an improving economy, luxury brands did not manage to maintain [...]
Silvertown Tunnel consultation could pave the way to tackle the multi-million-pound issues at Blackwall and help to drive east London forward October 5, 2015 You only have to look outside your office window to recognise that London is growing at a phenomenal rate. New developments are springing up, and the capital’s population is expected to rise from 8.6 million to 10 million by 2030. Of this new population, 600,000 people are expected to live in east London alone. [...]
How you can help Maggie’s £1m fundraising campaign December 17, 2015 This year has been an especially important one for Maggie’s, the independent charity providing vital cancer support to the City of London. 2015 saw City A.M. launch a £1m fundraising campaign to help to deliver the charity’s unique programme of support from its new centre, Maggie’s Barts. Located in Smithfield, the new centre is being built on [...]
FTSE 100 closes at its highest level in six weeks as Glencore share price soars October 5, 2015 Britain's blue chip index closed up 2.8 per cent to 6,298.92 points today, its highest level since August 20, led by gains from commodities giant Glencore. Speculation had swirled over whether the Swiss miner would sell some assets to cut its debt, or even consider agreeing to a takeover. Shares in the company closed up 21.05 [...]
London’s Tube is running “too fast”, new study suggests September 24, 2015 First we were told that Tube strikes were good for commuters, now, it’s that the London Underground trains are running too fast – scientists just keep on discovering things about the capital’s transport system that go against every instinct. In “everything we think we know about the Tube is wrong”, part two, researchers looking at [...]
Royal London boss welcomes the Budget’s pension reforms April 1, 2014 THE CHIEF executive of Royal London yesterday welcomed controversial changes to pensions in the Budget, as the insurer unveiled a 72 per cent rise in profits. Last month chancellor George Osborne pledged to abolish compulsory annuities, meaning that from 2015, people can withdraw as much of their nest egg as they like, subject to marginal [...]
Battle of Britain flypast: The routes 40 Spitfires, Hurricanes and Blenheims will cover to commemorate “the Few” in biggest flypast since World War II September 15, 2015 Flypast fans prepare yourselves – this is the big one. The 75th anniversary of the Battle of Britain will be marked today (15 September) by the largest flypast of Spitfires since World War II, alongside a service at St Paul's Cathedral. In total 40 Spitfires, Hurricanes and Blenheims will commemorate the series of skirmishes that [...]
City A.M.’s journalists take a look at what 2016 has in store for the world of finance and business January 4, 2016 BANKING Strengthening outlook despite more regulatory bumps ahead Bank of England governor Mark Carney may have declared the banking crisis officially over at the end of last year, but 2016 looks to be far from a challenge-free year for Britain’s biggest banks. To be sure, all seven of the UK’s leading lenders passed the Bank’s [...]