South American tribe tries to block £240m Amerisur takeover January 7, 2020 A London law firm is acting on behalf of a Colombian tribe in an attempt to block the takeover of Amerisur Resources by a larger energy firm. Leigh Day, which is representing members of a tribe who live by Colombia’s Putumayo river, has tried to secure an injunction against Geopark’s £240m acquisition of Amerisur, which [...]
The biggest tech breakthroughs of the last decade December 18, 2019 It is easy to forget, as we approach the end of not just 2019 but also the decade, just how far technology has developed over the past 10 years. To mark the end of the era, City A.M. asked several experts for what they think have been the biggest technological breakthroughs or advancements made in [...]
A lesson in cognitive dissonance for the Corbynites December 18, 2019 Behavioural economics — which extends the ability of economics to explain the world — has become very fashionable. Richard Thaler, Nobel Prize winner for his work in this area, observed that most of the time, the rational choice model of standard economics works well. People gather information on the various alternatives open to them, and [...]
How the Tories could become the party of the working class December 10, 2019 Polls are inherently unreliable. We know this from the 2017 election, the 2015 election, the 2016 EU referendum — the list goes on. The latest polls show a roughly 10-point lead for the Tories. That should be enough to form a government, but is some way off the 68 seat majority that YouGov’s famous MRP [...]
Tube chaos: Severe delays hit Tube lines after Underground fire alert hits Jubilee Line commuters May 23, 2019 A fire alert at Bond Street station left commuters' journeys in tatters today as the Jubilee Line was struck with severe delays and left part suspended for most of the morning. Read more: Revealed: These are London's most stressful Tube stations There was no service on the Jubilee Line between Finchley Road and Waterloo this [...]
Villagers get victory in Vedanta pollution case as Supreme Court rules their case can be heard in the UK April 10, 2019 The Supreme Court dealt a blow against London-based miner Vedanta Resources today as it ruled a case brought against the firm by Zambian villagers can be heard in the UK. More than 1,800 Zambians allege that toxic waste from a copper mine run by KCM, a subsidiary of Vedanta, damaged land and waterways, destroying their [...]
Glasgow Warriors can use Scotland’s Twickenham heroics for inspiration against Saracens in Champions Cup quarter-final March 28, 2019 Glasgow may not have beaten Saracens in Europe in five attempts but the Scottish side can take solace from their national team’s historic clash against England just two weeks ago as they prepare for this weekend’s Champions Cup quarter-final. Scotland were down and out after half an hour at Twickenham, with England 31-0 up, only [...]
Brexit vote live: MPs vote to delay Brexit by extending Article 50 beyond 29 March March 14, 2019 Hello and welcome to City A.M.’s Brexit live blog for the second of potentially three huge votes on the UK’s departure from the EU. Prime Minister Theresa May was defeated in the House of Commons in a second vote on her Brexit deal on Tuesday, losing by 391 votes to 242. Last night, MPs voted [...]
Liam Williams will be in the spotlight if England continue to kick against Wales with Leigh Halfpenny absent February 21, 2019 England exploited Robbie Henshaw's inexperience at full-back in the win over Ireland and then capitalised on Yoann Huget's inability to lead the backline in the victory against France a week later. Liam Williams will not present such an obvious weakness in the Wales back three for Saturday's Six Nations showdown, but Eddie Jones's side have [...]
Court rules in favour of Asda workers in equal pay claim against supermarket giant January 31, 2019 Asda workers have been handed a victory in their equal pay claim against the supermarket giant after the Court of Appeal ruled that store workers' roles are comparable to jobs in its warehouses. Tens of thousands of store workers claimed they had been discriminated against in being paid less than their male counterparts who predominantly [...]