Crypto AM SPOTLIGHT: A closer look at eTukTuk – CityAM June 20, 2023 EVs are the next epoch in transportation’s evolution, but there are significant barriers to adoption across the globe: a lack of efficient, accessible charging infrastructure and the unaffordable high purchase price of vehicles. At a pivotal moment in history when the critical need for EV adoption coincides with necessary equitable financial solutions, one company has [...]
Grocery inflation falls to lowest monthly rate this year June 20, 2023 Grocery price inflation has fallen to its lowest monthly rate this year – but remains at its sixth highest level since 2008, figures show. Grocery inflation dropped to 16.5 per cent for the four weeks to June 11, down from last month’s 17.2 per cent and March’s record 17.5 per cent according to analysts Kantar. [...]
EP: 208 Royal Ascot – Wednesday June 20, 2023 The Group 1 Prince of Wales’s Stakes and the always competitive Royal Hunt Cup feature on day two of this year’s Royal Ascot. Trainer Alice Haynes joins us to chat about her unbeaten 2-year-old colt Maximum Impact, who runs in the Windsor Castle Stakes. City AM Racing editor Bill Esdaile previews all of Wednesday’s action, [...]
The Punter Summary Podcast 21 June June 20, 2023 Here’s your chance to hear all of City AM racing editor Bill Esdaile’s best racing tips for Wednesday at Royal Ascot in a short summary episode of ‘The Punter Podcast’ alongside Chris Barnett. The full preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting [...]
Revolution Beauty to ‘potentially’ take legal action against former CEO over delayed audit report June 20, 2023 Revolution Beauty will potentially take legal action against the company’s founder and former chief, Adam Minto, over claims he breached fiduciary and statutory duties while at the helm. In a letter to investors, the makeup brand said it believes Minto’s alleged wrongdoings led to delay in audit of the full year results in 2022 group’s [...]
Labour owes the City more detail on its plans for business June 20, 2023 Well, that’s clear as mud, then. Labour’s big policy pronouncement yesterday confirmed that the party would stick by its pledge not to allow any further North Sea oil and gas development in the UK – but it wouldn’t change any decisions made by the Tories. With a straight face, the party said the triangulation was [...]
What the TV rights fight means for the Fifa Women’s World Cup June 20, 2023 With just five weeks before the Women’s World Cup kicks off in Australia and New Zealand, Fifa has finally reached a deal with the European Broadcasting Union (EBU) to air all 64 matches in Britain, Spain, France and Germany – ending the threat of a blackout in Europe’s top football nations. While ITV and BBC [...]
Online ad spend at favoured platform Google to hit £653bn by 2026 June 19, 2023 Google is the most popular search engine among advertisers and generates the highest revenues out of all major internet companies, a study on global digital marketing has found. According to the research, conducted by linkdaddyseo.com, Google held a majority 58 per cent share in the search advertising market in 2022, beating major competitors such as [...]
McColl’s still owes £45m to unsecured creditors following collapse June 19, 2023 Unsecured creditors to McColl’s are still owed £45m following the collapse of the convenience chain. The high street grocer and newsagent, which first launched as a food stall in the late 1800’s, was acquired by Morrisons for £182m with an extra £8m to be handed to unsecured creditors. Now an administration report seen by The [...]
Next share price up as it thanks sunny spells for raised profit guidance June 19, 2023 Next share price increased over four per cent this afternoon as the retailer raised its sales and profit guidance. The high-street favourite made the surprise announcement after it was bolstered by the arrival of warm weather – but warned that it does not expect the momentum to continue for the rest of the year. In [...]