Revealed: TfL forced to hike fares by six per cent due to terms of government deal January 18, 2023 Mayor Sadiq Khan has today announced an almost 6 per cent hike in TfL fares due to the terms of last year’s central government bailout of the network. Khan said there was “no viable alternative” to “plug the gap” left by central government funding. The Mayor is able to top up local Council Tax with [...]
Japan eyes UK life sciences sector with injection into venture fund January 4, 2024 The Development Bank of Japan (DBJ) is investing into the UK’s stagnant life sciences sector in a bid to revive its own.
Trafigura: AI and data centre construction could lead to copper shortages April 9, 2024 Trafigura's chief economist said that an additional 1m tons of copper have not been factored into a lot of supply and demand balances.
SMEs fear winter supply chain crunch could hit revenue in golden Christmas quarter October 22, 2023 Supply chain disruption is the top concern of medium-sized businesses ahead of winter, a survey has found, as rising costs put pressure on revenue targets. The poll of 500 medium-sized business leaders by consultancy BDO showed nearly a quarter fear that supply chain issues, including suppliers folding and stock shortages, could endanger revenue targets this [...]
Euro 2024: Wales boss Robert Page backs young guns but admits nerves versus Poland March 25, 2024 Wales manager Robert Page admits he is nervous but backs his young squad to beat Poland tonight with The Dragons sitting on the verge of qualification for Euro 2024. Having beaten Finland 4-1 last week in their play-off semi-final, Wales take on Poland this evening in Cardiff knowing a win puts them on the plane [...]
UK pay deals cool for first time in 2023, easing pressure on BoE August 23, 2023 Pay deals awarded by British employers cooled for the first time this year in the quarter to July, which may calm the worries of Bank of England officials who fear wage growth is feeding inflation, a survey showed on Wednesday. Median basic pay deals in the three months to the end of July fell to [...]
London nannies’ pay rises to £43,000 as parents fail to secure nursery places August 3, 2023 London parents are having to pay more for nannies because of a lack of nursery places, according to Nannytax, with salaries on average now at £43,000. The government has been urged by the firm to amend its “nonsensical” approach to childcare payments set out in the spring budget, with demand for nannies skyrocketing as early [...]
Worst corporate jargon awards: ESG February 22, 2024 More prolific than even Pret, ESG has a stranglehold on the corporate world, but City A.M.'s comment desk is here to break it.
Smallcap trust Smithson struggles to find hidden gems as net asset value drops by nearly two per cent July 29, 2024 Smallcap-focused Smithson Investment Trust struggled to find the diamonds in the rough as its net asset value dropped 1.8 per cent over the last six months.
Employment law shake-up: Lawyers prepare to be the hottest call in town July 22, 2024 As the new government gears up for a monumental overhaul of employment laws, employment lawyers are bracing for an unprecedented surge in work