Government and major businesses work together to help households with cost of living July 21, 2022 The government will collaborate with leading businesses to help UK households facing the cost of living crisis, it said today. The Cost of Living Business Tsar and ex-chief of Just Eat David Buttress agreed retail deals and discounts with major businesses in the UK like Asda, Sainsbury’s, Amazon, and Vodafone as part of the Help [...]
Explainer-in-brief: Peloton to ride high again February 10, 2022 They were the darling of the pandemic, and then they flopped. The American exercise bike company Peloton was a 15-minute story of fame for the ages. Its fortunes soared as the likes of Rishi Sunak and Miley Cyrus bragged about their secret spinning habit, but after gyms reopened, they floundered. Even more so after they [...]
Burns Night booze: What to drink and where to drink it January 24, 2024 Enjoy great drink thanks to the lyricism of Robert Burns and the continued Scottish tradition of Burns Night on 25th January
Sunak’s challenge is to design flexible but firm rules for artificial intelligence April 28, 2023 ChatGPT has thrown artificial intelligence into the mainstream, and now it's Rishi Sunak's job to design rules which don't prevent its growth, but keep us safe.
City Moves: Who’s switching jobs in the Square Mile? August 31, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Jo Cowen Architects Chelsea-based residential architecture practice Jo Cowen Architects, which works with Berkeley Homes, has appointed a strategic director. Stepping into the newly created role is Laura Cassullo, who has overseen the 910-home scheme by Brentford [...]
Microsoft: Shares jump eight per cent as AI helps software giant’s sales beat expectations April 26, 2023 Microsoft beat Wall Street’s estimates for quarterly revenue and profit on Tuesday, driven by growth in its cloud computing and Office productivity software businesses, and the company said artificial intelligence products were stimulating sales. The company forecast revenue in its main segments for the current quarter would match or top Wall Street targets. Shares gained 8.3 per cent in after-market [...]
Watchdog launches investigation into Amazon’s Deliveroo investment October 16, 2019 The competition watchdog has launched a probe into Amazon’s investment in food delivery app Deliveroo. The Competition and Markets Authority (CMA) today said it would investigate whether Amazon’s investment would “result in a substantial lessening of competition”. The e-commerce giant led a $575m funding round in Deliveroo in May. Read more: CMA puts brakes on [...]
Exclusive: UK retailers should copy TfL or they miss out on advertising cash, argues City bigwig September 15, 2022 Are UK retailers missing a valuable opportunity to earn money from advertising? A City insider thinks most big brands do, as he urges the High Street’s biggest names to look at TfL and copy their model by rolling out a retail media network. So-called retail media networks are one of the hottest emerging trends in [...]
It may not be edge-of-your-seat, but preventing the AI dystopia starts with good data January 11, 2024 The power and dangers of AI dominated conversation in 2023, but we won't get anywhere without focusing on data, writes Nigel Shadbolt.
Inflation across the world and in the UK will likely be stuck at a higher rate October 19, 2023 The very forces that kept inflation down - the labour market, less defence spending and energy prices - are now keeping it high and will be with us for years to come.