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City A.M. Content

  • Trompe L’Oeil review: Trump is the butt of the joke again

    October 5, 2023

    How many fringe theatre and cabaret shows have made Donald Trump the butt of their jokes? Surely it’s in the thousands. It must hard to offer fresh material, so kudos to Trompe L’Oeil for finding new life in him yet. In this musical cabaret the former president is played by Emer Dineen, who portrays a [...]

  • Pendragon shares tumble after Hedin drops takeover bid

    October 4, 2023

    Pendragon shares slumped over six per cent this afternoon after a joint takeover bid for the company was taken off the table. Hedin Mobility Group and Penske Automotive Group confirmed on Wednesday afternoon they do not intend to make an offer, ending their part in a three-way bidding war for one of the UK’s largest [...]

  • New Google Pixel 8 phones suggest step forward, say analysts

    October 4, 2023

    A trickle of leaks and teasers had already primed expectations for Google’s launch of its new Pixel 8 and Pixel 8 Pro phones, as well as Pixel Watch 2 and Pixel Buds Pro.  At an event live-streamed from New York on Wednesday, the tech giant said its new Pixel phones have brighter screens, upgraded cameras [...]

  • Vertu Motors on hunt for more acquisitions after record revenues and bumper dividend

    October 4, 2023

    Vertu Motors boss Robert Forrester has said the car dealership is pursuing more acquisitions after it reported record revenues and a bumper dividend in its interim results. Speaking to City A.M. following the announcement, Robert Forrester said the company had a “pipeline” of acquisitions and was working closely with manufacturers “wherever they want us to [...]

  • Airbnb targets long-term rentals and aims for eventual expansion ‘beyond travel’

    October 4, 2023

    Change is on the horizon for Airbnb and its customer base, with the multipurpose travel app looking to incorporate longer-term rentals and add “beyond travel” experiences. Airbnb is most known for its convenient travel accommodation planning and bookings, but this could soon change. Next month could bring the “biggest update to Airbnb ever,” chief executive [...]

  • UK cinemas hope to cash in as Taylor Swift’s Eras Tour hits the screens

    October 4, 2023

    Boosting economies of entire countries with their world tours was not enough for Taylor Swift and Beyonce. Now they are giving cinemas a slice of their success.

  • ‘Done the unthinkable’: HS2 northern leg scrapped, Rishi Sunak confirms in Tory conference speech

    October 4, 2023

    The northern leg of HS2 from Birmingham to Manchester has been scrapped, Rishi Sunak has announced. The Prime Minister confirmed the decision to axe the route as he made his keynote speech at the Conservative Party Conference in Manchester today. Sunak said: “I am ending this long running saga. I am cancelling the rest of [...]

  • Poundland and B&M deals for 100 Wilko stores facing collapse due landlord haggling

    October 4, 2023

    The acquisition of 100 Wilko stores by B&M and Poundland could fall through, as the discount retailers attempt to negotiate more favourable terms with landlords. B&M, which acquired 51 Wilko stores, has been accused of delaying completing deals while it looks to set up new rent and lease arrangements and  to renegotiate the terms in [...]

  • Prime London Housing market holding up against backdrop of high interest rates

    October 4, 2023

    The prime property market in London appears to be holding up relatively strongly in the face of rising interest rates, according to an index. House prices in prime central London in the third quarter of 2023 were typically 1.2 per cent lower than a year earlier, estate agent Savills reported. Property values across London’s prime property market generally were down by 2.1 per cent annually in the third quarter of this year. [...]

  • Bitcoin holds steady above key support level of $27,400

    October 4, 2023

    Bitcoin continues to hold the line above $27k, trading for $27,580 this morning, virtually unmoved in the last 24 hours.

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