Water companies could face unlimited fines for polluting – Coffey April 1, 2023 Water companies could face unlimited fines and penalties under new government plans to tackle pollution. Environment Secretary Therese Coffey is expected to announce next week plans that ministers believe will “make polluters pay”, with tougher fines levied on water companies put into a “water restoration fund”. It comes as the latest Environment Agency figures showed [...]
Apple wins appeal against UK’s decision to investigate its mobile browser April 1, 2023 Apple Inc won its appeal against the decision by Britain’s antitrust regulator to launch an investigation into its mobile browser and cloud gaming services, the Competition Appeal Tribunal (CAT) ruled on Friday. Regulator the Competition and Market Authority (CMA) opened a full investigation in November into the dominance of Apple and Alphabet Inc’s Google in [...]
The Queen: Thousands of well-wishers mourn outside Buckingham Palace: Black Cabs line The Mall as flowers laid in tribute September 9, 2022 THOUSANDS of tearful well- wishers gathered outside the gates of Buckingham Palace yesterday, with many laying flowers to pay tribute to the late Queen Elizabeth II. The Royal Family announced the death of Queen Elizabeth II at 6.30pm, confirming her passing with the lowering of the flag at Buckingham Palace to half-mast. A double rainbow [...]
Letters: not so green with envy February 11, 2022 [Re: Hardly any Brits plan to stick to climate goals, Jan 17] A report conducted this week by NewClimate Institute and Carbon Market Watch revealed that climate pledges made by 25 of the world’s largest companies are, in fact, misleading. Companies analysed in the report include giants like Google, Amazon, IKEA, Apple and Nestle. Only [...]
The world in 2022: a map to global politics January 19, 2022 In 2022 the fault lines of global politics will be tested again. City A.M. and the British Foreign Policy Group chart the year ahead. If the pandemic taught us anything, it is the deep ramifications that one country’s domestic politics have globally. From the future of the French President to continual Chinese aggression, here we [...]
Atom Bank ‘committed’ to four-day week January 9, 2022 The boss of Atom Bank said yesterday he is “utterly committed” to the group’s new four-day working week after the move sparked a 500 per cent surge in job applications and boosted staff morale. Mark Mullen, chief executive of the digital lender, said that while it was “too early to declare victory”, results of the [...]
Letters: UK Hospitality says VATsEnough October 8, 2021 [Re: Boris Johnson expected to reveal ‘national living wage’ hike, Wednesday]Hospitality businesses are being battered by a perfect storm of labour shortages, disruption to supply and escalating food and utility costs. Margins are being squeezed as they try to rebuild. Contrary to some perceptions, wages in hospitality have increased steadily, by approximately 20 per cent [...]
The top table: Bankers and hedgies battle it out for charity ping pong title October 17, 2018 Ping pong enthusiasts with a competitive spirit may like to get involved with a new City A.M.-backed initiative helping young Londoners from disadvantaged backgrounds. Teams from financial powerhouses such as BNP Paribas and Man Group launched a table tennis championship towards the end of last week at the Greenhouse Centre close to Marylebone station. Players [...]
Martin Sorrell vs WPP: The king of adland wages war on the company he founded with his new venture S4 August 8, 2018 When a couple break up, sage advice is that it’s best to part ways amicably. This advice, however, has not been heeded by Martin Sorrell and WPP, the company Sorrell founded in 1985, turned into a global powerhouse, then exited in controversial fashion in April this year. Sorrell and WPP have been engaged in a war of [...]
On National Poetry Day, City A.M. turns its searing newswriting hand to something more artistic October 6, 2016 It's National Poetry Day – you may have seen – so while simultaneously reporting the biggest business stories and breaking news, City A.M. journalists have written a few lines of poetry to cover some of the major talking points in recent days. Vice reporter Francesca Washtell offers 'Sin Haiku': Booze, cigs, sugar, bets, Vice would seem to have it [...]