Full-time return to office not on the cards, say 70 per cent of Brits September 16, 2021 Just over 70 per cent of all Brits do not feel a return to full-time office working is on the cards after the pandemic, according to new YouGov research shared with City A.M. The majority of those questioned by YouGov said they would favour to either work from home full-time, or have a hybrid arrangement. [...]
Fashion retailer The Very Group refinances debt after raising £575m bond August 11, 2021 Online fashion retailer The Very Group has raised a £575m bond that will expire in 2026 to refinance its debt. The bond was raised through the issuing of senior secured notes due in 2026 and will be used to refinance and extend the group’s existing debt. The 6.5 per cent notes were rated “B3 stable” [...]
Boris Johnson considers new Covid-19 measures as Omicron variant spreads December 26, 2021 Boris Johnson will weigh up whether or not to bring in new restrictions in a crunch meeting with his cabinet and scientific advisers tomorrow.
FTSE 100 falls but US stocks rise as markets weigh up Fed changes August 28, 2020 The FTSE 100 dropped in afternoon trading but US stocks rose as investors digested the US Federal Reserve’s decision to take a more relaxed approach to inflation, a step that supported Wall Street stocks last night. London’s main stock index fell 0.4 per cent to 5,977 points. The FTSE 250 of mid-sized firms climbed 0.1 [...]
Indian Covid mutation declared ‘variant of concern’ over fears of rapid spread May 7, 2021 A coronavirus strain first detected in India has been declared a “variant of concern” over fears that it may be spreading more quickly than the dominant Kent strain. Public Health England (PHE) said it had “moderate confidence” that the Indian mutation, known officially as B16172, spreads at least as quickly as the strain first found in Kent last [...]
UK unemployment drops by 184,000 as number of Brits on payroll nears 30m January 18, 2022 The UK unemployment rate dropped from 4.5 per cent to 4.1 per cent between September and November 2021, according to ONS data.
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.
Explainer: How Russia is dodging oil sanctions and what the West is doing about it January 13, 2024 G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect
Boris Johnson addresses nation on Indian Covid variant as cases spike May 14, 2021 Boris Johnson has announced that people over the age of 50 waiting for a second dose of the Covid-19 vaccine will get it sooner than expected to combat a surge in cases involving the so-called Indian variant. People will now get the second dose eight weeks after the first, instead of 12 weeks later. The [...]
EDF to begin decommissioning Dungeness B nuclear station seven years early June 7, 2021 EDF Energy today said that it would begin the defuelling phase of Dungeness B nuclear power station in Kent, seven years ahead of schedule. The 1.2 gigawatt power station at Romney Marsh has been offline since 2018 due to “a range of unique, significant and ongoing technical challenges”, the energy giant said. But after discovering [...]