Philip Hammond ‘dismayed’ by Tory shift to ‘populism’ October 18, 2023 Lord Philip Hammond said he has been “dismayed” by the “populist turn” the Conservatives took. The former Chancellor told City A.M. while he thought the party was now “heading in the right direction” he had been “dismayed by the populist turn” the Tories took. During an interview about his role as chair of crypto firm [...]
FTSE 100 close: London rises on Fed official’s comments amid Israel-Gaza uncertainty October 10, 2023 London’s FTSE 100 index soared as markets reacted well to comments by a top official at the Federal Reserve, despite ongoing uncertainty looming due to the war with Israel and Gaza. The capital’s premier bluechip index closed 1.82 per cent higher at 7,628.21, lifted by Ocado, Anglo American and Flutter. Down the most since March, [...]
Businessman jailed over Gray’s Inn bomb plot amid £1.4m legal wrangle September 22, 2023 A businessman suspected of being involved in an international money laundering ring who targeted two lawyers for Britain’s FBI by orchestrating a bomb plot against them has been jailed for eight years and two months. Jonathan Nuttall, 50, was convicted of conspiring with his driver, Michael Sode, and an ex-marine, Michael Broddle, to plant two [...]
Government may have broken law over sewage dumping, says watchdog September 12, 2023 An environmental watchdog has suggested the government potentially failed to comply with environmental laws, resulting in frequent sewage spills.
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
Businessman guilty of plotting two bombs in London over £1.4m legal wrangle with NCA August 18, 2023 A businessman suspected of being involved in an international money-laundering ring has been found guilty of orchestrating a bomb plot against lawyers for Britain’s FBI in a row over £1.4 million. Jonathan Nuttall, 50, was convicted of conspiring with his driver, Michael Sode, and an ex-marine, Michael Broddle, to plant two devices in London’s legal [...]
What next for oil prices as US stockpiles slip and hope of China rebound rises August 2, 2023 Oil markets are benefitting from robust demand, with trading on both major benchmarks at a near four month-high.
TfL fined £10m for Croydon tram disaster failings July 27, 2023 Tram operators have been fined a total of £14m over the Croydon derailment which claimed the lives of seven passengers. Many more people were injured when a tram carrying 69 people derailed near the Sandilands stop on the morning of 9 November 2016. Transport for London (TfL) and Tram Operations Limited (TOL) have accepted failing [...]
Mark Kleinman: What’s next for BT and the City’s ugliest row of 2023 July 13, 2023 Mark Kleinman, City editor of Sky News, writes fortnightly for City A.M. Germans could be on the line at Jansen-less BT Hanging-up time is fast-approaching for Philip Jansen, whose plan to step down as CEO of BT Group next year – revealed by me last weekend – was confirmed on Monday. Sources have told me [...]
Express your appreciation for record-chasing Purton July 7, 2023 ALL EYES will be on Zac Purton at Sha Tin on Sunday, as the six-time champion jockey seeks to surpass Joao Moreira’s all-time seasonal record of 170 wins, which was set back in the 2016 /17 season. The Zac-Man, currently on 169 wins following a treble at Happy Valley on Thursday, has a full book [...]