Recession off the cards, getting over 50s ‘back to work’, strikes and banks take stock – the five best read stories on City A.M. this week March 17, 2023 It was the week UK Chancellor Jeremy Hunt laid out his first Spring Budget, but as pension savers and taxpayers looked on, fears of a recession appeared to fade, although the sagas of banks Silicon Valley Bank, Credit Suisse and on-going strikes raged on; here are the stories readers were flocking to on City A.M. [...]
Elizabeth Line usage soars by 41 per cent as London commuters get around tube and rail strikes March 17, 2023 One in six journeys on Britain’s transport network have been made on the new Elizabeth line, with 62m taken on London’s newest railway between October and December 2022. Out of almost 370m rail passenger journeys across the UK, Crossrail accounted for 41 per cent, according to new figures released by the Office for Rail and [...]
OECD: UK predicted to perform worst of all G20 economies… except Russia March 17, 2023 The UK’s economy is expected to perform the worst out of any Group of 20 (G20) economies apart from Russia this year and next, new analysis has suggested. The Organisation for Economic Co-operation and Development (OECD) said that it expects a 0.2 per cent fall in UK gross domestic product (GDP) this year, followed by [...]
Ann Summers boss Jacqueline Gold dies aged 62 March 17, 2023 Jacqueline Gold the boss of lingerie brand Ann Summers has died aged 62, her family has said. Heartfelt tributes have been paid to the businesswoman who passed away on Thursday evening following a seven-year battle with cancer. She was heralded as a “brilliant retailer and champion of champion of women in business”, as her family [...]
Choose an in-house legal team March 17, 2023 | Sponsored Queens Court Law is a law firm based in Moorgate. With a dynamic work culture and ethic that sets the company apart from competitors, it prides itself on being able to provide bespoke legal services to a wide range of clients, whether corporate or private. Tailored plans are available, and there’s an in-house legal team [...]
Curious times as fragile banks and ‘the Jim Cramer effect’ allow Bitcoin to shine March 17, 2023 Jason Deane raises concern over the state of US banks and curious coincidences that are driving the price of Bitcoin upwards.
Manage your VAT returns March 17, 2023 | Sponsored VAT Solutions is an independent Luxembourg VAT firm with a team of nine, with a subsidiary in France. The team’s knowledge has been gained from both the logistics industry and the Big Four Firms, and both the Luxembourg and French establishments address local and international VAT and customs issues through their network of VAT and [...]
Get started with an art collection March 17, 2023 | Sponsored Smith & Partner is a leading art investment company, which offers a comprehensive range of services to help clients grow their investment portfolios in the most efficient and profitable way possible and specialises in showcasing and selling works by emerging and established artists. This unique offering provides clients with the opportunity to invest in pieces [...]
EP: 190 Uttoxeter & Hong Kong March 17, 2023 We look ahead to Saturday’s marathon four and a quarter mile Midlands Grand National at Uttoxeter with trainer Charlie Longsdon as well as the prestigious Hong Kong Derby, run over a mile and a quarter at the famous Sha Tin racecourse. City AM Racing editor Bill Esdaile previews the best of the jumps action, with [...]
Not going anywhere: Former PM Boris Johnson re selected as Uxbridge Tory candidate March 17, 2023 Boris Johnson has been re-selected as the Conservative candidate in his Uxbridge and South Ruislip constituency. It comes following speculation that the former prime minister might seek out a safer seat, ahead of the next general election. “I can confirm Boris Johnson has been reselected as the Conservative candidate in Uxbridge and South Ruislip,” a [...]