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City A.M. Content

  • Rivals PwC Deloitte and EY circle KPMG’s position as Bank of England auditor

    November 4, 2017

    The Bank of England is reportedly seeking a new auditor, in a move which could see it part company with KPMG. Rivals are gearing up to take the role from KPMG according to Sky News. The firm has been the auditor for the central bank for a decade, having been brought in just before the [...]

  • Trump makes Twitter bid for Saudi Aramco to list on New York Stock Exchange

    November 4, 2017

    After a very brief hiatus on Thursday, Donald Trump is back on Twitter. And he’s wasted no time in getting back to trying to Make America Great Again. First order of business: bolstering the New York Stock Exchange. Trump tweeted today that he would “very much appreciate” Saudi Aramco choosing New York for its IPO. [...]

  • Leo Varadkar unable to get Tim Cook’s commitment to Apple data centre in Athenry, County Galway, Ireland

    November 4, 2017

    Apple’s plans to build a data centre in Ireland are in doubt after chief executive Tim Cook would not make a firm commitment in a meeting with the Taoiseach. Leo Varadkar visited Apple’s headquarters while on a trade mission to San Francisco, noting on his Twitter that Apple employs more than 5,000 people in Ireland. [...]

  • London road closures Sunday 5 November: Anonymous protest Million Mask March to slow traffic between Trafalgar Square and Parliament

    November 4, 2017

    It is a busy weekend for London, with fireworks displays across the capital. In addition to the crowds coming to watch the celebrations, a march is set to take place on Sunday evening, called the Million Mask March. What is it? Hacker-cum-activist group Anonymous has called for “a festival of lulz and resistance” to mark [...]

  • Jeff Bezos sells off a million Amazon shares for $1.1bn to fund Blue Origin space ambitions

    November 4, 2017

    Amazon founder Jeff Bezos sold off another sliver of his stake in the company this week, as the stock soared to record levels. Shares in Amazon surged last week, putting the price above $1,100 for the first time ever. The increase came as the tech firm revealed that the success of its Alexa had helped [...]

  • Area guide to property in the Royal Docks

    November 3, 2017

    For many Londoners, the only time they’ve ever been to the Royal Docks in east London is when they’re travelling on business from London City Airport. This post-industrial part of town was once a hive of activity, with boats docking from all over the world, but now you’re more likely to find hotel chains and [...]

  • The FTSE 100 just closed at a record high as the pound bounced

    November 3, 2017

    Despite a decidedly slow day of trading, the FTSE 100 closed at a record high today, finishing at 7,560.35 points. The index was pushed higher by NMC Health, which rose 4.2 per cent, and the Coca-Cola Hellenic Bottling Company, which rose three per cent. However, the index itself only mustered a 0.07 per cent rise. [...]

  • Bookies slash the odds on Andrea Leadsom to replace Theresa May as next UK Prime Minister

    November 3, 2017

    Bookies have slashed the odds on the prospect of Andrea Leadsom becoming the next Prime Minister. Leadsom, who ran against Theresa May for the top job after the Brexit vote, has been in the headlines today after it emerged she demanded Michael Fallon leave his role as defence secretary. Read more: Theresa May limps on [...]

  • Bonfire Night 2017 London: Where are the best fireworks displays? Which events still have tickets?

    November 3, 2017

    This weekend, the skies of London will be lit up with countless colourful fireworks displays – so get ready to wrap up and eat as much street food as possible. But if haven’t remember remembered to book tickets in advance, are the displays you should still be able to get into. Alexandra Palace The organisers [...]

  • Unilever shortlists four buyers in £6.5bn spreads auction

    November 3, 2017

    The £6.5bn auction of Unilever’s spreads division has moved onto the next phase. Four shortlisted firms have been asked to submit new bids for the division, which includes Flora, I Can’t Believe It’s Not Butter and Stork, according to Sky News. The final bidders are: Apollo Global, CVC Capital Partners, KKR and Platinum Equity. CVC [...]

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