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City A.M. Content

  • City minister slams British investors ‘defunding’ UK defence giants like BAE

    August 7, 2023

    City minister Andrew Griffith has slammed UK investors’ decision to move away from the country’s top defence firms such as BAE Systems. According to data from the London Stock Exchange, reported by the Financial Times, fund managers based in the UK have cut their holdings in defence firms, including BAE Systems and Qinetiq, by around [...]

  • Go to Porto Montenegro to gawp at the most expensive yachts in the world

    August 7, 2023

    The marketing slogan for Porto Montenegro, a luxury 450-berth marina and residential village, is A Life less Ordinary. And what could be less ordinary than the accompanying launch photo of a small boy fishing with his dad from the back of their boat: a gigantic superyacht? Given this new development is funded by the Investment [...]

  • Norfolk holidays: the rewilding project where water buffalo run free

    August 7, 2023

    An ambitious rewilding programme attracted Lynn Houghton to hang out with ponies and long horned cattle. It was one of her ideal Norfolk holidays THE WEEKEND: Amongst the marshes, lakes and fields of Norfolk, a new trend is taking hold. Wild nature is coming back. For those considering a UK break this summer, you could [...]

  • Legendary Crystal Cruises sets sail again. But is this what young cruisers want?

    August 7, 2023

    Crystal Cruises, one of the world’s most legendary liners, returns under Abercrombie & Kent ownership. But does this heritage brand work for today’s young professionals? Adam Bloodworth goes aboard to find out Aboard the reborn Crystal Serenity you’ll find the first Nobu restaurant at sea, a signifier of the ship’s gleaming $150 million refurbishment. There [...]

  • Bitcoin continues with horizontal price movement

    August 7, 2023

    Bitcoin starts the week in familiar territory around the $29k level, where it’s been hovering for almost a month.

  • None for the road: Takeaway pints banned as Home Office ends pub pandemic scheme

    August 7, 2023

    Bad news for punters who enjoy a cold pint on the go as the government has decided to put an end to the Covid-19 scheme which allowed pubs to sell takeaway pints.  Pubs were allowed to sell alcoholic drinks in plastic cups to customers on the street in 2020, when businesses  could not trade normally [...]

  • South Bank: US developer plans three new skyscrapers by Blackfriars Bridge

    August 7, 2023

    The South Bank may be set for three more skyscrapers after US property developer Hines submitted plans for an underdeveloped site near Blackfriars Bridge.

  • AllSaints: British fashion brand rakes in record revenue thanks to entry into China

    August 7, 2023

    AllSaints raked in record revenues of £457m, up 36 per cent on last year, as the rock inspired fashion brand was bolstered by entry into China. The British fashion brand, which is owned by private equity group Lion Capital also said operating profit rose  £18.4m to £28.5m and pre-operating exceptional EBITDA grew  50 per cent  [...]

  • London and south east house prices fall fastest with analysts predicting five per cent crash

    August 7, 2023

    House prices dropped by 0.3 per cent from June to July, the latest data suggests, with London and south east homes falling fastest in value. House prices fell by -2.4 per cent on an annual basis , easing from -2.6 per cent in June, the latest figures from Halifax show.  The 0.3 per cent fall [...]

  • Ignore the protests, the Conservatives are the true Just Stop Oil party

    August 7, 2023

    Ignore the protests, no one has done more to ‘Just Stop Oil’ than the Conservatives, who have actually been in power for the past 13 years.

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