Would you volunteer to get yourself infected with flu in Canary Wharf? December 3, 2024 For £3,000 you can opt to spend a week helping to create the next generations of vaccines at the world’s largest human challenge trial and quarantine facility – a minute’s walk from Canary Wharf, says Phoebe Arslanagić-Little In October I wrote in City AM about human challenge trials – a medical research study that sees [...]
UK needs to innovate at wartime pace, defence secretary says December 2, 2024 The UK needs “innovation at a wartime pace”, the defence secretary has said as he announced a new strategy for the industry. As he launched a defence industrial strategy, which is being developed alongside the government’s strategic defence review, John Healey said war game exercises to test the military’s capabilities will be carried out with [...]
The weird and wonderful world of Japanese model food December 2, 2024 Japan is famous for the way its cultural artefacts seem to evolve separately from the rest of the world. Travel to Tokyo and you can find fax machines that have continued to develop new bells and whistles long after their use in the west began its terminal decline in the 1990s. Shokuhin sanpuru (literally: food [...]
Will our Christmas dinner guests soon be AI chatbots? December 2, 2024 Glad tidings of comfort and joy! Christmas has traditionally been a time for congregating with your fellow homo sapiens – but play nice over the turkey and sprouts this year: it could be one of the last where unmediated human interaction is still the norm. We’re about to enter a world in which AI bots [...]
Social medium: Why Gen Z turned to Tiktok tarot readers December 2, 2024 My demographic – middle class, urban, Western Gen Zers – are the least likely of all generations to say they have a religion, according to a Policy Institute study in 2022 (though paradoxically they are also the most likely to say they believe in hell). So it is perhaps surprising that they are behind a [...]
Ministers must act to slow London Stock Exchange investor ‘exodus’, says Peel Hunt chief December 2, 2024 Ministers must do more to stop the “exodus” of cash from the London Stock exchange after 41 consecutive months of outflows from UK equity funds, the boss of Peel Hunt has warned. In an interview with City AM, Steven Fine, who heads the AIM-listed broking house, said the speed of money leaving the market was [...]
Keir Starmer accused of ‘sidelining’ pledge to secure fastest growth in G7 December 2, 2024 Sir Keir Starmer has been accused of “sidelining” his pledge for the UK to have the fastest growth in the G7 ahead of a set of new targets aimed at making Brits feel richer. The Prime Minister has been criticised for appearing to ditch the “key election pledge” in what a Tory opponent told The [...]
Bad Gastein: Skiing with a touch of belle époque glamour December 2, 2024 They say first impressions matter, and my goodness, Bad Gastein certainly makes a great first impression. When approaching the resort, visitors are met with what at first glance, looks like a Wes Anderson film set. A spectacular cliff amphitheatre is crowned by elegant and imposing turn of the century palaces and hotels. As our taxi [...]
Typhoo Tea takeover: New owner brews cost-cutting turnaround after rescue deal December 2, 2024 With the immediate future of Typhoo Tea secured after it was rescued out of administration, attention is now turning to what could next be on the cards for the historic brand. City AM exclusively revealed late on Sunday that the troubled tea maker is to be taken over by a vapes, batteries and vitamins seller [...]
9fin: Data start-up raises £40m for credit markets tech December 2, 2024 Financial data start-up 9fin has raised $50m (£39.3m) as it looks to grow a foothold in the market for debt and private capital research. The London-based fintech announced a Series B round led by growth capital investor Highland Europe. 9fin did not disclose at what valuation it had raised the money. It was reported a [...]