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City A.M. Content

  • EP: 215 Newbury & Curragh

    July 21, 2023

    Saturday’s flat meeting at Newbury celebrates Wetherbys Super Sprint Day, whilst on the same afternoon in Ireland, the Curragh hosts the Group 1 Irish Oaks where trainer Aidan O’Brien looks to hold a strong hand. City AM Racing editor Bill Esdaile previews the best of Saturday’s racing action, alongside host, Chris Barnett. The Punter ‘The [...]

  • FTSE 100 close: London markets measured after strong week

    July 21, 2023

    London markets stayed flat throughout Friday after a strong week, closing slightly higher and extending earlier gains caused by lower than expected inflation. The bluechip FTSE 100 was measured throughout the day and closed in the green at 7,658.53, while the midcap FTSE 250, which is more aligned with the health of the UK economy, [...]

  • London workers brave rail strikes and head back to office – but are ‘exception to the rule’ of WFH trend

    July 21, 2023

    Strikes are failing to deter London workers from heading back into the office, with the capital one of only three UK cities to see growth in commuter numbers over the last quarter. As the summer months kicked in, the number of Londoners heading into the office fell significantly across the board, data from Virgin Media’s [...]

  • Adem is the new London hair salon you have to try

    July 21, 2023

    A new in Belgravia hair salon inspired by nature and Turkish oils is top draw, finds Adam Bloodworth Posh hair salons are to be Belgravia what posh restaurants are to Mayfair. So how do you stand out in a crowded market? Forget the pomp and ceremony and just do a darn good haircut – or [...]

  • THG offloads loss-making divisions in bid to streamline as share price slumps

    July 21, 2023

    THG has offloaded its OnDemand business to the division’s management team as the online retailer steams ahead with plans to streamline its operations.  The brand which included entertainment retailer Zavi and gadget and toy retailer I Want One of Those – was bought by the groups management team and has also received extra funding from [...]

  • Summer deals help bump retail sales as growth falls at slowest rate in a year

    July 21, 2023

    Retail sales grew by 0.7 per cent in June 2023 with increases across all the main sectors, as warmer weather and a greater selection increased consumer spending.  During the month, non-food stores sales volumes rose slightly by 1.0 per cent in June 2023, following a fall of 0.5 per cent in May 2023, according to [...]

  • London rents hit record high

    July 21, 2023

    Average asking rents in London have hit record highs of £2,567 per month, new data shows, with tenants in the capital now paying a third more than they were pre-pandemic. Renters in the capital are forking out £559 more every month compared to the same period in 2019, a new study by Rightmove shows, as [...]

  • As posties strike ends, is Royal Mail’s parent still keen on splitting the business?

    July 21, 2023

    Following the appointment of Martin Seidenberg to the top job at Royal Mail’s parent company, International Distribution Services (IDS) on Thursday, the company’s next moves could be crucial in determining the future direction of Royal Mail, analysts have said. In his speech to the AGM on Thursday, IDS chairman Keith Williams said until it sees [...]

  • The Alzheimer’s ‘wonder drug’ isn’t the miracle we want it to be

    July 21, 2023

    This week, a new miracle drug for Alzheimer's has raised the hopes for millions of families, but it might have done so with false promise, writes Michael Young.

  • FTSE 100 close: Dovish Bank of England interest rate bets extend London gains

    July 20, 2023

    London’s FTSE 100 extended gains today as traders continued to cheer signs that UK inflation may have finally turned a corner. The capital’s premier index hopped 0.76 per cent to 7,646.05 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, was broadly unchanged at 19,311.73 [...]

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