Why I’m sick of bad press releases from lazy PRs who have never read me or this newspaper April 3, 2018 On 1 April, I published a column on the City A.M. website. Check it out: it’s a spoof of a press release. You may think it’s hyperbole. It isn’t. It’s the kind of effortful rubbish that I receive every day. In the past, when some grotesquely bad press release hit my inbox, I would mock [...]
London Underground strike April 2018: Date, time and what lines are affected as Tube drivers plan 24-hour walkout April 3, 2018 You may have heard the capital’s next Tube strike is on the cards, and it is now going to be held next week. Here’s the detail on what’s occurring when, and what parts of the London Underground are likely to be affected – along with any chance of it being called off… Read more: A [...]
Carillion labelled “one of the most complex insolvencies ever” as jobs saved nears 10,000 barrier April 3, 2018 The government will today announce more than half of Carillion’s pre-liquidation workforce have had their jobs saved. The Insolvency Service is to reveal almost 1,000 more positions have been safeguarded. This means nearly 10,000 of Carillion’s 18,000-strong directly employed workforce have seen their roles preserved. The announcement comes as Carillion’s liquidation nears its three-month anniversary. [...]
Everything the left thinks it knows about inequality is wrong April 3, 2018 Listen to the Dear Leader Jeremy Corbyn and his fellow travellers, and one would think that economic inequality in the UK is going through the roof. “We cannot go on creating worse levels of inequality,” Corbyn said last year. Left-wing commentators such as Polly Toynbee and Will Hutton have in the past claimed inequality is [...]
DEBATE: Are we over-focusing on STEM at the expense of creative skills? April 3, 2018 Are we over-focusing on STEM at the expense of creative skills? Caroline Julian, head of policy and public affairs at the Creative Industries Federation, says YES. The future of our economy is creative. With robots taking on increasingly complex tasks thanks to technology like artificial intelligence, it will be those with creative skills who will [...]
Easyjet CEO says forced sale of UK shares after Brexit “won’t need to happen” April 3, 2018 Easyjet’s CEO Johan Lundgren has said he does not think UK nationals will be forced to sell their stake in the airline after Brexit, saying he is “confident” a deal will be reached with the EU. Speaking exclusively to City A.M., Lundgren said his decision to amend Easyjet’s articles of association was a “precautionary measure” [...]
Private equity’s push to turn Brexit positive: Equistone explains it’s just another day in the office April 3, 2018 Britain may currently be navigating through uncharted geopolitical waters, but that isn’t putting too much of a damper on the spirits of one of the UK’s oldest private equity houses. Equistone, a former Barclays division which is celebrating its 40th anniversary in the UK next year and last month raised its largest-yet €2.8bn (£2.5bn) fund, [...]
UK businesses financially unprepared for cyber attacks, according to Lloyds Bank April 3, 2018 Only a third of British businesses have a financial plan in place in case of a cyber attack, according to a survey at Lloyds Bank. Meanwhile, only half of companies discuss the risk of cyber attacks at board level. The survey found that, if attacked, over a third of firms would pay a ransom to [...]
Blockchain firm targets “failing” online retailers April 3, 2018 Online retailers, often blamed for Britain’s high street funk, are set to face their own disruption from an artificial intelligence-driven platform. Blockchain firm Eligma is planning to raise £17m from the sale of tokens later this month. The digital currency can be used across a range of online stores. The firm has created a platform [...]
Social entrepreneurs, venture capitalists and Microsoft Stores’ head named UK change-makers by London Tech Week April 3, 2018 Some of the most influential names on London’s tech scene have named their people to watch for 2018, in sectors spanning from autonomous vehicles to healthtech. The ambassadors of London Tech Week – who include Eileen Burbidge, a partner at Monzo backer Passion Capital and member of the Prime Minister’s Business Advisory Group, Sarah Wood, [...]