Conservative Conference Diary: Speed limits on growth October 3, 2023 City A.M.’s reporters bring you the gossip behind the headline speeches at the Conservative Party Conference.
Food inflation lowest level since last August, as supermarket price wars pay off October 3, 2023 The rate at which food prices increase has fallen to 9.9 per cent in September, down from 11.5 per cent the prior month, and the lowest level since last August, in the latest signal that cost of living pressures customers face at the till are beginning to ease. Shop price annual inflation is now also [...]
The Notebook: Andy Silvester on why John Lewis’s next boss would do well to take a shift on the tills October 3, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s our editor Andy Silvester with the pen Whoever replaces White would do well to take a shift on the tills Driving alongside Lake Bala, on the edges of Snowdonia, this intrepid Londoner got a shock at the weekend: an entrance [...]
Let’s ditch grand, expensive projects like HS2 and opt for urgent smaller ones October 3, 2023 Even Yes, Minister would have struggled to come up with this one. A major infrastructure project, to Manchester, set to be cancelled, in Manchester, during the government’s party conference. Yet Rishi Sunak could still grasp victory from the jaws of defeat if, as expected, he ditches HS2.Let’s be clear: this is a right sorry mess. [...]
Trouble insuring electric vehicles threatens green shift, experts warn October 2, 2023 Insurers are facing huge challenges in handling electric vehicles (EVs), experts have warned.
‘His pledge is in tatters’: Khan slammed over tube strikes as London faces £62m hit October 2, 2023 Greater London Authority’s Conservatives have slammed Sadiq Khan ahead of fresh disruption on London’s tube network this week, as the mayor’s commitment to halting industrial action during his tenure comes back to haunt him. “Sadiq Khan pledged that there would be zero strikes under his mayoralty but he has the worst strikes record of any [...]
UK down to last coal plant as households are urged to save energy this winter October 2, 2023 Just one coal fired power plant remains operating in the UK energy market ahead of winter, with ESO telling customers to save energy.
Sharon White: What went wrong at John Lewis — and who might pick up the pieces? October 2, 2023 Appointed with no retail experience, Sharon White's time at the top of John Lewis will come to an end after just five years
Arnold Clark: UK car dealership pays founders’ family £67m dividend October 2, 2023 Arnold Clark, one of the UK’s largest car dealerships, has given the surviving family of its billionaire founder £67m worth of dividends, according to the latest Companies House filings. The sum brings the total money the family has taken out of the business to £118m over the last two years and comes after a record [...]
Bitcoin and other cryptocurrencies rally as Solana notches double digit gains October 2, 2023 Bitcoin is up by more than 3% over 24 hours and is trading above $28.3k, while Ethereum (ETH) and most other cryptocurrencies tag along.