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City A.M. Content

  • Outright fake news on Facebook is rare in the UK, Enders Analysis research says

    August 17, 2017

    The issue of “outright” fake news spreading on Facebook is rare in the UK, according to new research, but “misinformation” was found to be more widespread and distributed by traditional media. “Our analysis of the most shared news and opinion content on Facebook shows clearly that especially in the UK, outright ‘fake news’… was both [...]

  • Government insists UK will make “sufficient progress” in Brexit talks by October to push on with next phase

    August 17, 2017

    The government has insisted it will have made “sufficient progress” in Brexit talks with the EU by October to move on to the “next phase” of negotiations. The assertion, from the Department for Exiting the European Union (DexEU), comes after reports suggested talks on the future UK-EU relationship may be delayed. The parties are due [...]

  • British Airways owner IAG launches mobile pay on new Barcelona-based airline Level

    August 17, 2017

    British Airways owner IAG is rolling out mobile pay on new low-cost, long-haul airline Level so passengers can browse and buy products on board from their personal devices. IAG said the platofrm was a universal one that it is looking at rolling out across its other airlines in the future. The new carrier, which started [...]

  • Bendy buses could return to London as Transport Committee says they boost capacity and speed up journey times

    August 17, 2017

    London mayor Sadiq Khan has been urged to consider bringing back the “bendy buses” by London Assembly’s Transport Committee. In a new report assessing how to improve bus usage in the capital out today, the committee said the reintroduction of the buses could cut journey times and provide better disabled access if they were rolled [...]

  • The death of presenteeism is the birth of flexible working

    August 17, 2017

    As you’re reading this article, perhaps trundling along in a crowded Tube carriage, try to imagine a saner, less stressful way of working. Imagine working in an environment where you are measured on what you deliver, rather than the number of hours you sit at your desk. If your company had a flexible working option, [...]

  • Quarto turns the page as talks with mystery buyer end

    August 16, 2017

    Shares in book publisher Quarto closed down 18 per cent today, after a brief flirtation with a mystery potential buyer came to an abrupt end. Just last week, the London-listed company announced that it was in talks with an unnamed potential bidder following an unsolicited approach. But this morning it said that discussions had been [...]

  • HMS Queen Elizabeth, the Royal Navy’s largest warship, has arrived home in Portsmouth

    August 16, 2017

    The Royal Navy’s largest ever warship, the HMS Queen Elizabeth, sailed into her home port of Portsmouth for the first time today. Sailors lined the flight deck while the ship was greeted with a flypast from the Fleet Air Arm, including Wildcat and Merlin helicopters and Hawk jets. At 280m, the ship is longer than [...]

  • Peace at last? AkzoNobel and Elliott Advisors agree three-month litigation truce after long-running takeover troubles

    August 16, 2017

    Activist investor Elliott has finally reached an agreement in its long-running spat with AkzoNobel over a €27bn takeover approach from rival PPG Industries. After a prolonged back and forth regarding the proposed takeover, including a new legal challenge to try and oust Akzo’s chairman last month, the firms said they had struck a standstill agreement, [...]

  • ECB’s Sabine Lautenschlaeger urges banks to speed up Brexit relocation planning: “The clock is ticking”

    August 16, 2017

    The European Central Bank (ECB) is urging firms to speed up their relocation plans in preparation for Brexit. Sabine Lautenschlaeger, vice chair of the ECB’s supervisory board, said banks are “not as far advanced as we would like them to be” in their Brexit planning. “I have a very clear message to both smaller and [...]

  • City jobs rose in July as firms took a “robust” attitude towards hiring

    August 16, 2017

    The number of jobs in the City of London increased by 37 per cent in July compared with the same time last year, according to one of the UK’s largest recruiters. Robert Walters’ latest city jobs index, seen exclusively by City A.M., found that job volumes were also up 17 per cent compared with June. [...]

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