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City A.M. Content

  • Bitcoin hanging on above $27k as cracks appear in crypto markets

    October 10, 2023

    Bitcoin (BTC) is still holding above $27k but it’s dipped by 0.89%, while Ethereum's Ether (ETH) is down by 2.5%. 

  • Potential buyers eye up Currys Greece and Cyprus arm

    October 10, 2023

    The British retailer put the business up for review in June just two years after it took on the business after its takeover of Dixons.

  • Net zero risks energy security, says OPEC, as cartel slashes oil output

    October 10, 2023

    Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC.

  • YouGov full year revenue surges as it mulls over listing destiny

    October 10, 2023

    YouGov reported strong 2023 full year results, with revenue shooting up 17 per cent, as it continues to decide the fate of its listing location, currently on London's stock exchange.

  • Sir Elton John joins list of celebrity backers for new music technology business

    October 10, 2023

    Audoo, a  company which helps artists receive fairer royalty payments, has added Sir Elton John to its expansive list of celebrity backers. 

  • Billionaires Row: Mansions on London’s poshest street set to disappear

    October 10, 2023

    London's poshest postcode is undergoing a transformation, as developers look to convert Billionaire Row's flashy mansions into apartment complexes.

  • London fintech Kennek raises £10m in seed funding for lending software

    October 10, 2023

    London-based fintech Kennek has raised $12.5m (£10.3m) in a seed funding round led by HV Capital, the backer of Hello Fresh, Depop and Flixbus. The funds will allow Kennek, a software developer that provides a single platform for alternative lenders, to build on its home market and plans for expansion into the EU. Co-founder Xavier [...]

  • Spending on restaurants and takeaways drops as Brits tighten belts ahead of Christmas

    October 10, 2023

    September spelled further pain for restaurants and takeaways, with sales dropping as Brits cut back on eating out before the Christmas period. 

  • Incentivising whistleblowing is a no brainer

    October 10, 2023

    Labour yesterday pledged to give financial rewards to whistleblowers who expose stolen assets, sanctions breaches and recover misappropriated funds.  “Under the Tories, Britain became the money-laundering capital of the world. With Labour, Britain will be the anti-corruption capital of the world,” David Lammy said announcing the policy pledge.  While the policy remains somewhat undeveloped at [...]

  • Retail sales lay limp in September as Indian summer rocks sector

    October 10, 2023

    UK total retail sales continued to limp along in September with growth up just 2.7 per cent against a figure of 2.2 per cent for September last year as an Indian summer and cost of living pressures walloped the sector.  Non-food sales declined 1.2 per cent on a total basis over the three months to [...]

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