News

COMMENT

petrol diesel pump price fall
Friday 12 December 2014
Major UK supermarkets have announced cuts in the cost of petrol and diesel in response to the fall in global oil prices. 
Sewer
Friday 12 December 2014
Ofwat's plan to lower household water bills in England and Wales will not hinder the build of a new super-sewer under London, according to Thames Water.  
Friday 12 December 2014
London boroughs netted an astonishing £293m from parking charges last year, according to new research by transport and research policy organisation the RAC Foundation.
Home insulation
Friday 12 December 2014
Ofgem has demanded that three of the UK's biggest energy firms pay hefty fines for missing government environmental targets.  
Friday 12 December 2014
Grosvenor Crescent, near Buckingham Palace, has been named London's most expensive street to live on, according to new research by Lloyds Bank.
Construction
Friday 12 December 2014
Growth in the UK construction industry rose by a modest 0.7 per cent in October compared with the year before, and contracted 2.2 per cent on the previous month.
Crude oil pipeline
Friday 12 December 2014
Is £1-a-litre petrol about to become a reality? Oil prices fell again this morning, after the International Energy Agency (IEA) slashed its forecast for growth in the oil sector.
Water bills
Friday 12 December 2014
The cost of water bills for households in England and Wales is set to fall by an average five per cent over the next five years, under a new rule being introduced by industry regulator Ofwat.  
Online shopping
Friday 12 December 2014
The UK spends more money per head online than any other developed country, with the average Brit spending £2,000 per year on the likes of Amazon, Asos and John Lewis.
Friday 12 December 2014
Former City minister Lord Myners has asked the government whether it will investigate embattled insurance outsourcer Quindell, its board of directors or its financial advisers.
Friday 12 December 2014
It was another heart-in-mouth moment for Barack Obama last night, as the US House of Representatives narrowly averted the second government shutdown in just over a year within two-and-a-half hours of its deadline.
Gucci
Friday 12 December 2014
Gucci's creative director Frida Giannani and chief executive Patrizio di Marco are stepping down within two months of each other, the luxury brand revealed this morning.   
Nigel Farage
Friday 12 December 2014
No one has appeared on Question Time more than Nigel Farage this decade.  
China factory
Friday 12 December 2014
Manufacturing output in China slipped to a year-on-year rate of 7.2 per cent in November, failing to match the 7.7 per cent achieved in October and falling below the target of 7.5 per cent for the month.  
Friday 12 December 2014
Lending Club’s valuation soared to more than $8bn yesterday as shares rocketed as much as 60 per cent on their first day of trading.
Friday 12 December 2014
Activist investor Crystal Amber has been approached by more investors in the past few days interested in participating in a major shake-up of Sainsbury’s.
Friday 12 December 2014
TEN GLOBAL banks were fined a total of $43.5m (£27.7m) by US regulators yesterday for their attempts to misuse analysts’ research to gain lucrative jobs on Toys R Us’ attempted stock market flotation in 2010.
Friday 12 December 2014
  City economists will gain an unprecedented level of insight into the Bank of England’s decision-making process, as Mark Carney yesterday agreed to publish more information than ever.  
Friday 12 December 2014
IT LOOKS like a scene out of a dystopian sci-fi movie but it is in fact the tunnel at the partially completed Crossrail Bond Street station.
Friday 12 December 2014
A SECOND round of cheap loans from the European Central Bank (ECB) had a disappointing uptake yesterday.
Friday 12 December 2014
The central Bank of Russia yesterday raised interest rates to 10.5 per cent from 9.5 per cent in a bid to strengthen the plummeting rouble and reduce inflation which currently stands at 9.4 per cent.
Friday 12 December 2014
PLANS announced yesterday by Labour leader Ed Miliband would saddle the UK with more borrowing and therefore more government debt than under Conservative plans, according to the Institute for Fiscal Studies.
Friday 12 December 2014
The recent slowdown in house price growth may have already ended, a new set of data shows.
Friday 12 December 2014
BRITISH living standards are improving, even as they stagnate in neighbours such as France, official EU statistics showed yesterday. The UK is tied in fourth place with Nordic states Denmark, Finland and Sweden.
Friday 12 December 2014
US loan company Lending Club boasts several well-known names among its board of directors, including John “Mack the Knife” Mack and Larry Summers.  
Friday 12 December 2014
PENSIONERS are failing to shop around for the best annuities deal and so are missing out on income in their retirement, the City watchdog found in a report published yesterday.
Friday 12 December 2014
INVESTMENT firm VTB Capital yesterday formally appointed Nick Hutt as its chief executive, five months after giving him the role on an interim basis.
Friday 12 December 2014
US RETAIL sales jumped by 0.7 per cent in November compared to October, data showed yesterday. It marks an improvement on the 0.5 per cent month-on-month increase in October, according to the US Commerce Department.
Friday 12 December 2014
PEOPLE  in the UK spend an average of £1,968 online on goods from the likes of Amazon, Tesco and Asos every year, far more than people in the US, France or South Korea.
Friday 12 December 2014
Chelsea has become the first professional football club to be accredited as a Living Wage employer by the Living Wage Foundation, the club said yesterday.
Friday 12 December 2014
WHITBREAD yesterday said it was confident of delivering full-year results in line with expectations, after posting another strong quarter of growth from its Premier Inn hotels and Costa Coffee, as both businesses continued to win market share.
Friday 12 December 2014
Zara-owner Inditex yesterday posted a 14 per cent rise in sales for November and early Dec­em­ber as it coped well with mild weather.
Friday 12 December 2014
SUPERGROUP boss Euan Sutherland has said it has drawn a line under its disappointing first half and is confident about its prospects for the rest of the year after September’s warm weather hurt profits.
Friday 12 December 2014
THE FORMER chairman and founder of investment bank Evolution Securities, Richard Griffiths, yesterday became the third largest shareholder of Cupid, the former dating website operator which will soon be renamed Castle Street Investments.
Friday 12 December 2014
The Qataris have brought in one of the City’s best-known rainmakers to help win control of the Canary Wharf Estate.
Friday 12 December 2014
THE HIGH street is losing in the battle for shoppers as it succumbs to retail parks.
Friday 12 December 2014
SONY should fear China’s censors almost as much as rival Microsoft when it launches its PlayStation 4 gaming console in the world’s third-largest gaming market next month, tech research firm Gartner suggested yesterday.
Friday 12 December 2014
SEARCH giant Google is planning to shut down its news-linking service in Spain as new laws come in allowing publishers to force websites to pay for re-publishing headlines or snippets of news.
Friday 12 December 2014
This Christmas, City A.M. is presenting five of its favourite charities to inspire readers’ festive charitable giving – our fourth charity is build it.
Friday 12 December 2014
British energy services company John Wood Group yesterday announced that it expects full-year results to be largely in line with expectations – an improvement on last year’s results, and defying fears over possible knock-on effects from the fallin
Friday 12 December 2014
BRITISH suit rental company Moss Bros Group yesterday reported a 7.8 per cent rise in sales throughout the first 19 weeks of the second half compared with the same period last year.
Friday 12 December 2014
BUS AND rail operator The Go-Ahead Group yesterday announced that its full-year expectations for both operations remain unchanged. It said trading for the year-to-date had been robust, with revenue up across all business units.
Friday 12 December 2014
Price comparison website Comparethemarket.com is in talks with the cinema industry to launch a 2-for-1 ticket promotion for its customers next year, following the news yesterday that
Friday 12 December 2014
BUSINESS communication and IT services giant Daisy Group yesterday announced the appointment of Neil Muller as chief executive of the company, following the news of founder and former chief executive Matthew Riley’s promotion to executive chairman
Friday 12 December 2014
Struggling Formula One team Caterham is in negotiations with three possible buyers as it seeks a takeover that will allow it to race next season, it emerged yesterday.
Friday 12 December 2014
South Africa’s Public Investment Corporation yesterday promoted chief investment officer Daniel Matjila to chief executive officer.
Friday 12 December 2014
SHARES in nutrition company Nutreco jumped 3.9 per cent yester­day after Cargill, the American commodities behemoth, announ­ced it still wanted to buy the company, but without breaking it up.
Friday 12 December 2014
BRITISH investment firm Polar Capital yesterday reported a small rise in first-half profits, despite being hamstrung by a poor performing Japan.
Friday 12 December 2014
GLOBAL law firm Sidley Austin has elected 32 lawyers to its partner­ship, with the new partners to be spread across the law firm’s global network, it announced yesterday.

Pages