UK car production at its lowest for 67 years, but EVs soar ahead with £10bn of exports alone January 26, 2023 UK car production fell to its lowest level since 1956 last year as output was hit by global shortages of semiconductor chips, figures show. A total of 775,014 cars were built in 2022, down 9.8 per cent from the 859,575 made during the previous year, the Society of Motor Manufacturers and Traders (SMMT) said. December [...]
A bad Musk: Ad spending on Twitter fell by 70 per cent in December, new data shows January 25, 2023 Spending on adverts on Twitter dropped by 70 per cent in December, new data has revealed. The fresh statistics, from advertising research company Standard Media Index, shows that firms are losing confidence in the social media platform and raises further questions about whether Musk will be able to turn things around. According to reports, Twitter [...]
FCA’s new sustainability rules to establish UK as world leader on anti-greenwashing January 25, 2023 Industry figures today claimed the UK was set to become a global leader in the fight against so-called greenwashing after the conclusion of a consultation by the financial regulator. The new rules aim to clamp down on greenwashing, when firms make exaggerated or misleading claims about the environmental credentials of their investment products. The Financial [...]
Murdoch cancels proposal to reunite Fox and News Corp as shareholders lack confidence January 25, 2023 Rupert Murdoch has abandoned an attempt to reunite Fox and News Corp after shareholders expressed their lack of confidence in the merger. An announcement by News Corp yesterday said Murdoch had retracted his proposal to “explore a potential combination of News Corp and Fox Corporation” in a letter to Fox and News Corp. The billionaire [...]
Tower’s historic RNLI lifeboat station is towed away for the last time after saving hundreds of lives, and launching 9,500 times January 25, 2023 The City’s historic Tower lifeboat rescue station been moved for the last time, after 16-years of operation saving hundreds of lives. Crew working on the station next to Waterloo Bridge will continue their vital work from HMS President, the Royal Naval Reserve’s training facility in the capital, before a new station is launched in April. [...]
Sam Mendes’ Empire of Light lacks a compelling story January 25, 2023 Empire of Light review and star rating: ★★☆☆☆ Empire of Light is one part of a broader artistic response to the peril cinemas found themselves in during the pandemic. Steven Spielberg’s love of the big screen will soon be explored in The Fabelmans, and Babylon was another of 2023’s odes to cinema. Olivia Colman stars [...]
Till film review: America’s shameful history retold elegantly from perspective of Black victims January 25, 2023 Till star rating: ★★★★☆ Nearly seventy years on, the murder of Emmett Till stands as one of the most shocking and shameful moments in American history. In 1955, 14-year-old Till was abducted while visiting family in Mississippi and lynched for a perceived offence to a white woman. His horrifyingly disfigured remains were found, and the [...]
How intelligent automation has become a mainstay of financial services, and what it means for private banking January 25, 2023 The increasing levels of automation in private banking reflects a need to move into the digital age, but it also brings with it challenges. City A.M. sat down with specialist Mark Bruce, chief executive of of Britannia Financial Group to find out how intelligent automation and artificial intelligence is impacting the sector. Mark, why don’t [...]
Why everyone’s feeling in a low mood right now January 25, 2023 January has always been a challenging month to get through mentally, and now new research has proven we’re in a bad mood in January for more days than in any other month of the year. On average we spend 8 days per month feeling sad, and a quarter feel saddest during January, a new survey [...]
Bitcoin and Ethereum retrace as traders take profits January 25, 2023 The price of Bitcoin, the leading cryptocurrency, is up 6.95% over the last week and in the green by 34.46% over a month.