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City A.M. Content

  • British high street is not dead, minister insists after Wilko collapse

    September 14, 2023

    The British high street is not dead but merely changing, ministers have insisted, after Labour accused the government of “giving up” on retail following the collapse of Wilko. Business minister Kevin Hollinrake insisted high street shopping is “reshaping itself”, as homeware shop the Range confirmed it will buy Wilko’s brand, website and intellectual property after [...]

  • Bitcoin and Ethereum push on as another asset manager joins ETF race

    September 14, 2023

    Bitcoin is up 1.5% in the last day, trading above the key $26k level this morning while Ethereum (ETH) is up 2.3%.

  • John Lewis pushes turnaround plan back two years as losses narrow

    September 14, 2023

    Losses at John Lewis have shrunk but the struggling retailer warned that its ambitious partnership plans have been pushed back two years. 

  • Opportunity and risk: why we need ethical accountability in the adoption of AI systems

    September 14, 2023

    We know AI is going to change our world. What we are less sure of is exactly how that change is going to manifest itself. Already, AI-infused innovation has markedly changed our daily lives; think of the facial recognition technology that allows us to unlock our phones, or the map apps that prevent us from [...]

  • Heart Attacks: Why it’s never too early to call 999

    September 14, 2023  |  Sponsored

    When you or someone you love suffers from a heart attack it might not look like it does in the movies: learning the symptoms can help save lives There are few things more terrifying than the prospect of having a heart attack. But despite being one of the leading causes of death in the UK, [...]

  • Mark Kleinman: The inquest into Wilko’s demise has only just begun

    September 14, 2023

    Mark Kleinman is City editor at Sky News Inquest into Wilko’s demise has only just begun Few things elicit British consumers’ sentimentality like the imminent disappearance of a once-proud high street name. For Woolworths in 2009 and BHS in 2016, read Wilko in 2023. The sad fate of more than 10,000 employees at the family-owned [...]

  • The Notebook: Adrian Biles on upholding standards for lawyers and a breathless read about HSBC’s murkier histories

    September 14, 2023

    Where interesting people say interesting things. Today, it’s Adrian Biles, managing partner of law firm Child & Child Lawyers must live up to a standard – whether trained or otherwise Recent events in the legal profession remind me of the wise words of an early mentor, one of the UK’s leading corporate lawyers. On retirement, [...]

  • Cash usage increases for first time in over a decade as cost of living crisis bites

    September 14, 2023

    Cash payments increased for the first time in a decade last year as concerns over the cost-of-living crisis prompted Brits to take out more cash.

  • Rents rise by £110 a month over last year in latest blow for UK tenants

    September 14, 2023

    The cost of renting a property has risen by £110 a month over the last 12 months, according to the latest damning report about the health of the UK’s housing sector, as shrinking supply in the market continues to pile on misery for tenants.  Rent supply has shrunk 30 per cent below the average for [...]

  • StabilityAI: New AI music tool won’t wipe out musicians

    September 14, 2023

    London artificial intelligence outfit Stability dismissed suggestions it will wipe out some creative jobs yesterday as it rolled out a new tool to allow users to create music via AI. Notting Hill Gate-headquartered Stability AI, which was valued at $1bn last August in a $101m funding round, yesterday launched its Stable Audio product which allows [...]

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