Inside AlUla, Saudi Arabia, where monuments are older than the pyramids October 17, 2022 Just when you think you’ve grasped how ancient the city of AlUla, Saudi Arabia is, you stumble upon an even older part, and then another, each earlier still. By the time someone mentions palaeolithic axe-heads from 200,000 years ago, a 12th century Islamic town is beginning to sound contemporary. What’s made all this Indiana Jones [...]
How the seven Conservative Chancellors since 2010 will be remembered July 2, 2024 City A.M.’s guide to each of the seven Tory chancellors since 2010 and how their policies will be remembered by political history.
City Moves for 9 November – who’s switching jobs at Baker Botts, Duff & Phelps and Just Eat? November 8, 2018 Who’s making a move on up today? Baker Botts Baker Botts, the international law firm, today announced that Matthew Levitt has joined the firm’s antitrust practice as a partner. Matthew, recognised as one of the leading competition lawyers in Europe, will be based in the Brussels office. Matthew’s practice has focused on EU and international [...]
Beergate: Starmer under pressure after leaked memo indicates dinner was pre-planned May 8, 2022 Sir Keir Starmer is facing fresh questions over the so-called ‘beergate’ scandal today after a leaked memo indicated a takeaway and dinner with colleagues in Durham was pre-planned.
Uber confirms acquisition of Postmates in $2.65bn food delivery tie-up July 6, 2020 Uber has bought up rival delivery app Postmates in a $2.65bn deal, the companies announced today, ending speculation of a tie-up between the pair. The all-stock deal represents only a slight increase on Postmate’s last private valuation of $2.4bn in September. Postmates will be kept as a separate app to Uber Eats, but some parts [...]
European Super League: Will ECJ resurrect breakaway or prove final nail in its coffin? December 14, 2022 Abandoned by most of its supporters in the face of widespread outcry, tied up in red tape, and then undermined by the financial problems of its remaining backers, the European Super League has never looked more dead. But the controversial breakaway football competition could be dramatically resurrected on Thursday when an advocate general delivers their [...]
It could be said the EU was never going to offer Britain a Switzerland-style deal November 24, 2022 It is often said that Britain is a nation divided by our relationship with Europe, but British people are in fact united in their disinterest as to how the European Union works. To most it will always come across as a byzantine mixture of commissions, councils, and competencies presided over by a rather grey cadre [...]
Gaucho boss: Restaurant menus featuring more seasonal produce could be ‘silver lining’ of high inflation September 12, 2022 Restaurants shifting to more seasonal menus may be the “silver lining” of sky-rocketing food prices, Gaucho boss Martin Williams has said. Hospitality venues have been forced to grapple with heightened prices for vegetables and proteins this year, in addition to energy bill increases that bosses say pose an existential threat to the sector. However, the [...]
Food price hikes will become baked in if we can’t choose a fiscal policy and stick with it October 20, 2022 Yesterday marked a grim milestone. Food and drink price inflation hit its highest recorded level since the 1980s. In the year to September, it has jumped to 14.6 per cent and the rise in food prices has helped push overall inflation over 10 per cent. What’s more, it hasn’t peaked yet – prices will certainly [...]
London ensnared by global market turmoil as recession jitters spread May 19, 2022 The City was ensnared by a global market sell off today driven by investors ditching stocks over fears soaring inflation will tip major economies into recession. Britain’s biggest companies shed around £40bn today. London’s premier FTSE 100 index tumbled just under two per cent, taking its total losses for the year so far to nearly [...]