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City A.M. Content

  • Who are the frontrunners in the race to save Wilko?

    August 30, 2023

    Why did Wilko go bust?  A cocktail of dwindling demand for physical stores and competition in the discount market appeared to tip Wilko into administration. Even when a squeeze on public finances forced shoppers back to the high street in search of cheaper goods, they seemed to favour rivals B&M and Poundland when nabbing a [...]

  • It took Big Tech firms just six days to pay off $2bn in fines, new data shows

    August 30, 2023

    Big Tech firms paid over $2bn (£1.6bn) in fines this year. But new data shows it took them just over six days to pay them off.

  • Mortgage approvals sink in July as market continues to cool on rising rates

    August 30, 2023

    The number of mortgage approvals fell sharply in July as the housing market continues to cool off the back of rising interest rates.

  • Former British Airways boss criticises ‘staggering’ air traffic control failure

    August 30, 2023

    The former boss of British Airways has criticized the UK's air traffic operator over the network failure that has led to thousands of flights being cancelled.

  • Bitcoin and Ethereum prices rise as crypto markets turn green

    August 30, 2023

    Bitcoin is trading back above $27,000 for the first time since the sell-off a few weeks ago, while Ethereum is changing hands for $1.7k.

  • The Notebook: Rupak Ghose on the FTSE’s struggles, Goldman Sachs morale and the ludicrousness of LinkedIn ‘extreme CEO’ routines

    August 30, 2023

    The fintech advisor on reinvigorating the stock market, fintech's payments problem and why nobody actually gets up at 4am to meditate

  • 13 amazing things to do in London in September that prove summer’s not over

    August 30, 2023

    The days following the August long weekend can seem a little bleak, with the evenings drawing in and no more bank holidays until Christmas. But fear not: London has plenty to offer over the coming month. Here are a few of the top events and festivals to keep your spirits up. PUB IN THE PARK [...]

  • Why gorilla trekking in Rwanda means so much to me

    August 30, 2023

    The gorillas of Rwanda were made famous by American conservationist Dian Fossey. Laurel Waldron followed in her footsteps After stories of hours-long searches in the rain, finding our animal after just 45 minutes, metres from where we were staying, seemed a fortuitous win. The ranger encouraged a move closer to the gorilla and I tiptoed [...]

  • UK housing sales on track to sink to lowest level since 2012

    August 30, 2023

    The number of housing sales completed over 2023 is on track to sink to its lowest level since 2012, when Britain was still reeling from the financial crash, as higher borrowing costs continue to decimate the market.  Sales are also set to be 21 per cent down on last year, according to new data from [...]

  • MPs slam China’s role in new offshore wind farm that could power over one million homes

    August 30, 2023

    Conservative MPs have criticised the role of a Chinese investment group in a new offshore wind farm that could power over a million homes.

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