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City A.M. Content

  • Debate: More people are searching for how to buy bitcoin than gold, but is the former a better investment?

    November 10, 2017

    Debate: More people are searching for how to buy bitcoin than gold, but is the former a better investment? YES – James Collier is co-founder of Prism. Cryptocurrencies, bitcoin in particular, are clearly a far less stable investment than gold bullion. And if it’s stability you’re after, then gold’s your guy. But if you want [...]

  • Number of CCJs (County Court Judgements) issued rises for the first time in eight years – and rockets by more than a quarter over the last year

    November 10, 2017

    The number of county court judgements (CCJs) issued to businesses has risen for the first time in eight years, according to figures released this afternoon. Some 24,698 CCJs were issued in the third quarter of 2017, up a whopping 27 per cent on the previous year. This bucks a downward trend stretching back to the [...]

  • Uber loses workers’ rights appeal: Here’s how employment experts have reacted

    November 10, 2017

    Uber has lost an appeal against a tribunal ruling that it must give its drivers employment rights. The ride-hailing app went to the Employment Appeal Tribunal (EAT) to challenge an earlier ruling by the Employment Tribunal which said Uber drivers are entitled to basic workers’ rights. The EAT rejected Uber’s argument that it is merely [...]

  • UK will not be able to discuss trade this year if no concessions are made in next two weeks, warns Michel Barnier

    November 10, 2017

    Britain has been given an ultimatum by the EU’s chief Brexit negotiator Michel Barnier. Following another round of talks with David Davis and his team, Barnier said that the UK now has two weeks to make concessions if it wants to make any progress by December. The UK needs to clarify what it will pay [...]

  • Fawcett Society warns of slipping backwards on gender pay gap progress

    November 10, 2017

    Young women are facing an even bigger pay gap than their predecessors, a leading campaign group has warned. Campaign groups are today marking “Equal Pay Day”, which they say is the day women begin to work for free until the end of the year due to the pay gap between men and women. The date [...]

  • EasyJet share price edges up as it hires Tui’s Johan Lundgren as its new CEO to replace Carolyn McCall

    November 10, 2017

    EasyJet has appointed a new chief executive to replace Carolyn McCall when she leaves at the end of this month. Shares in the company rose 0.7 per cent to 1,279.5p after it said Johan Lundgren, currently a senior executive at Tui, will take over from McCall when she departs to lead ITV. McCall will step [...]

  • Builders and headhunters under financial pressure as insolvencies edge up – but there could be hope for retailers

    November 10, 2017

    The number of firms collapsing into administration rose in the third quarter, according to notices filed with the Britain’s official public record. Analysis of the London Gazette revealed some 302 companies appointed administrators during the third quarter, up from 297 in the second quarter and 295 in the same period 12 months ago. The steady [...]

  • Donald Trump will not meet with Vladimir Putin in Vietnam, says Sarah Huckabee Sanders

    November 10, 2017

    After much speculation, it turns out Donald Trump will not have a formal meeting with Vladimir Putin while he is in Vietnam, despite both leaders being in the same place at the same time. The Washington Post reported that Sarah Huckabee Sanders, the White House press secretary, had told reporters the meeting will not happen [...]

  • Uber has lost its appeal on the employments rights of its drivers

    November 10, 2017

    Uber has lost its appeal on the employments rights of its drivers, the GMB union has said. The company was appealing an employment tribunal ruling that Uber drivers are entitled to basic workers’ rights. The Employment Appeal Tribunal (EAT) rejected Uber’s argument that it is merely an agent that connects drivers and passengers, and confirmed [...]

  • Burberry shares continue to drop over UBS downgrade and lack of Christopher Bailey successor

    November 10, 2017

    Burberry reported solid growth for the first half of the year yesterday, but its shares closed down almost 10 per cent at 1,787p. Investors were unconvinced by new CEO Marco Gobbetti’s ambitions to take the brand more upmarket, with optimism dented by memories of rival Mulberry’s failed move away from affordable luxury to a high-end [...]

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