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City A.M. Content

  • US oil price pops to $65 for the first time since 2014 as stockpiles fall for tenth week

    January 24, 2018

    US oil prices popped to a level not seen since 2014 after a report showed American crude inventories dropped for the tenth week in a row. West Texas Intermediate, the US crude benchmark, hit $65.42 a barrel today before falling back down by about a dollar. Meanwhile, Brent crude oil prices briefly leapt to $70.43 [...]

  • Presidents Club scandal: Bank of England and WPP cut ties with the charity after allegations of groping and harassment at its men-only charity event

    January 24, 2018

    Advertising giant WPP and the Bank of England have both severed all ties with charity organisation The Presidents Club, after an investigation revealed shocking levels of groping and sexual harassment of hostesses taking place at its men-only charity dinner. An investigation by the Financial Times revealed hostesses at the annual event, which is accompanied by [...]

  • Overheard at Davos: former UK Prime Minister David Cameron says Brexit is a “mistake, not a disaster”

    January 24, 2018

    David Cameron has been overheard at Davos saying Brexit is a “mistake, not a disaster”. Recorded by 5News while speaking to steel magnate Lakshmi Mittal, the man who called the EU referendum admitted that the UK economy hasn’t tanked in the way he once predicted. Read more: David Cameron put in charge of a £1bn [...]

  • London ranked among top cities “fully open for business” on LGBT+ inclusivity and competitiveness

    January 24, 2018

    London has been ranked among the top cities crowned “fully open for business” in a new study assessing which places across the globe demonstrate the highest levels of inclusion and economic competitiveness. A coalition of 25 global firms, including Deutsche Bank, KPMG and Accenture, released the Open for Business report today to reflect that LGBT+ [...]

  • Octopus Energy is rolling out the UK’s first domestic vehicle-to-grid charging trial

    January 24, 2018

    A UK challenger energy firm is hoping to kickstart a revolution in the energy industry with a new consortium aimed at trialling the first domestic vehicle-to-grid charging on a large scale. Octopus Energy will roll out vehicle-to-grid charging technology to electric car drivers in London this year following a £3m funding injection by the government [...]

  • Belmond Andean Explorer review and prices: All aboard one of the highest train routes in the world

    January 24, 2018

    South America’s first luxury sleeper train traverses Peru’s high Andes along one of the highest train routes in the world. Lizzie Pook packs her altitude sickness tablets and checks in. It’s 2am and there’s a loud, metallic clank outside my train cabin. I’d be alarmed, but I already know what it is: oxygen tanks. The [...]

  • GBPUSD: Sterling surges against US dollar to yet another post-Brexit-vote high above $1.42 after new employment record

    January 24, 2018

    Sterling today hit a new post-Brexit-vote high after government labour market figures showed employment hitting a record high amid more US dollar weakness. The pound rose by more than two cents against the US dollar over the course of the day, a gain of more than 1.5 per cent. It hit an intraday high of [...]

  • Influencers must work hard to earn trust in 2018

    January 24, 2018

    Within the space of a week, two events hit the news that point to a pivotal 12 months between influencers and their publics, and represents good news for PR consultants. Firstly, a very public spat between a social media influencer and a Dublin hotel, and secondly, a leading global survey into public trust in the [...]

  • Presidents Club scandal: DfE director David Meller stepping down – but families minister Nadhim Zahawi stays

    January 24, 2018

    David Meller is stepping down as one of the directors of the board of the Department for Education, but minister Nadhim Zahawi will stay on, the government confirmed today. Skills minister Anne Milton said Meller told the House of Commons this afternoon that Meller, ​one of the joint chairmen of the Presidents Club Charity Dinner, [...]

  • John McDonnell is going to Davos with “a warning for the global elite”

    January 24, 2018

    John McDonnell is “going to Davos with a warning for the global elite” – that they stand in the way of change at their own risk. Labour’s shadow chancellor, who is attending the annual summit alongside Prime Minister Theresa May and US President Donald Trump, as well as the world’s richest people, will tell them [...]

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