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      As it happened: Ministers resign as gilt yields at 28-year high

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City A.M. Content

  • Exclusive: Labour to meet Morgan Stanley after Jeremy Corbyn’s “threat” tweet

    December 13, 2017

    Labour is seeking an audience with banking giant Morgan Stanley less than a fortnight after leader Jeremy Corbyn warned that his party was a “threat” to the investment bank. Shadow City minister Jonathan Reynolds is meeting one of Morgan Stanley’s most senior figures in the next few weeks in what he admitted would be a [...]

  • Huddersfield Town 1, Chelsea 3: Antonio Conte heaps praise on oft-criticised midfielder Tiemoue Bakayoko as Blues cruise

    December 12, 2017

    Chelsea head coach Antonio Conte heaped praise on Tiemoue Bakayoko after the £40m midfielder went some way to silencing his critics as the Blues returned to winning ways at Huddersfield. Bakayoko, who was hauled off at half-time as Chelsea lost at West Ham on Saturday, opened the scoring, while further strikes from the impressive Willian [...]

  • Chris Tremlett: I fear another whitewash if England lose third Ashes Test against Australia at Perth

    December 12, 2017

    Given they are 2-0 down, low on confidence, contending with niggly off-field distractions and set to play at the Waca which history suggests is not a happy hunting ground – I’m not particularly confident about England’s chances in the third Test. I also fear that if England lose in Perth and relinquish control of the [...]

  • Fitness advice: Why “toning up” should be struck from your list of health goals

    December 12, 2017

    With 2018 rapidly approaching, this is the time of year people start to think about getting in shape and burning off the calories piled on over Christmas. The reason so many fail is that they don’t really understand what their goals are, which means the hard work and sacrifices don’t yield tangible results. The term [...]

  • Beaumgarten explosion: Gas prices soar after a deadly explosion at an Austrian pipeline hub

    December 12, 2017

    An deadly explosion at a major gas pipeline hub in Austria today caused the UK’s natural gas prices to spike. The Beaumgarten site in Austria pumps gas throughout Europe from Russia. Gas Connect Austria, the operator, said the site had been shut down, and the fire brigade said one person had been killed and 18 [...]

  • ING CEO Ralph Hamers says what’s driving the value of cryptocurrencies like bitcoin and ethereum requires more understanding

    December 12, 2017

    Ralph Hamers has said there isn’t yet enough detail behind what’s caused the unprecedented rise in value of cryptocurrencies such as bitcoin and ethereum. The ING chief executive was speaking to tech leadership platform Hot Topics during Money 20/20, a financial and technology event. He said: “How the value behind cryptocurrency is driven, how to [...]

  • London Waterloo delays: Train service disruption due to line side fire continues for second day running

    December 12, 2017

    Severe delays caused by a line side fire at London Waterloo yesterday will continue today, National Rail has confirmed. The blaze caused significant train stock displacement across the whole South Western Railway network, meaning this morning’s train services may be cancelled, delayed, revised or have fewer carriages than normal. Disruption is expected until 7pm. What [...]

  • Which bank has the best current account? FCA to force banks to publish data on current account services

    December 12, 2017

    High street banks will be forced to publish more information on their current account services to help customers to compare providers more easily under new rules outlined by the Financial Conduct Authority (FCA). The new rules will force all providers of personal or business current accounts to publish standardised data on their products. From August [...]

  • Brexit secretary David Davis calls European Parliament Guy Verhofstadt “friend” as he smooths ruffled EU feathers after Irish border misspeak

    December 12, 2017

    Upate: David Davis has taken to Twitter to stress the importance of last week’s joint agreement on Brexit, saying he will work with his EU counterparts to “get it converted into legal text as soon as possible”. The Brexit secretary – who rarely uses the social media platform – was speaking after it had become [...]

  • Bitcoin demand is not causing a “mass exodus” from gold, Goldman Sachs says

    December 12, 2017

    Bitcoin’s meteoric rise this year has not stifled demand for gold, Goldman Sachs has argued. Commodities investors have feared bitcoin’s rocketing value would take the shine off gold, but Goldman said investors in gold and bitcoin had key differences. For one, gold investors who use exchange-traded funds (ETFs), futures or commodities indices are automatically covered [...]

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