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      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

      Miatta Fahnbulleh, CEO of New Economics Foundation, looking thoughtful during discussions on diesel prices.

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      Manchester City appointed new CFO just days before Premier League guilty verdict

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      ‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats

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  • Spotify’s revenue slow down will lead to 600 job losses, as tech giant becomes the latest to cull staff

    January 23, 2023

    Spotify will be cutting its global workforce by nearly six per cent with around 600 people expected to lose their jobs. The music streaming platform has joined fellow tech giants including Amazon, Google, Meta and Twitter in laying off staff, with tens-of-thousands of workers being laid off in recent weeks. Last November Meta, the owner [...]

  • The Alps, 1920s style: aboard the Venice Simplon-Orient-Express on its inaugural trip to ski resorts

    January 23, 2023

    We discover that “The Train,” as society types call the Venice Simplon-Orient-Express, is the ultimate 1920s immersive theatre experience The train is careering through the darkened outskirts of Paris when oysters are placed at my table to pair with my last glug of champagne. I’m eating from an embroidered armchair more accurately described as a [...]

  • Bitcoin treads water close to $23k as Ethereum shows nerves, but Cardano looks strong

    January 23, 2023

    Bitcoin looks to be gathering strength for an assault on $23,000 after finding resistance around the $22,800 mark over the weekend.

  • Ofcom investigating BT for failure to provide customers with ‘clear and simple’ contracts

    January 23, 2023

    The telecoms regulator Ofcom has opened an investigation into BT over its compliance with an obligation to provide customers with clear and simple contract information before they sign up to a new deal, the regulator has announced. Telecoms providers have been required to give customers contract information and a short – usually one-page – summary [...]

  • Have You Heard About The Rise Of Job Boomeranging?

    January 23, 2023

    The term relates to the concept of a former employee bouncing back to a company they once worked for, but left for pastures new.

  • Veganuary: New £240m fake meat fund looks to disrupt and decarbonise the food industry

    January 23, 2023

    Milltrust Ventures and Earth First Food Ventures are set to launch a new $300m (£242m) Smart Protein Fund tomorrow to back alternative proteins and decarbonise the food industry, City A.M. can reveal.   Over $600m was invested in total in the cultivated meat sector last year, and the alternative protein market, which includes imitation meats [...]

  • Recession to be more than twice as bad as first feared, forecasters warn

    January 23, 2023

    The much touted coming recession in Britain will be twice as bad as first feared, new forecasts out today reveal. Soaring prices coupled with the Bank of England’s efforts to tame them are set to deal a heavier blow to GDP than projected just a few months ago. According to the EY Item Club, the [...]

  • Slow fashion: Retailers embrace second-hand clothing to draw in thrifty eco-conscious fashion lovers

    January 23, 2023

    High street retailers are following in the footsteps of their online rivals, offering more second-hand clothes to lure in shoppers wanting to steer clear of fast fashion and hunt for bargains amid a cost of living crisis. The second-hand clothing market has exploded over the last decade to an estimated £6.5bn last year, largely thanks [...]

  • Rishi Sunak and Jeremy Hunt to shun tax cuts in March budget despite £11bn energy windfall

    January 23, 2023

    Jeremy Hunt and Rishi Sunak will hold fire on tax cuts at the 15 March budget despite being handed an around £11bn windfall from international energy prices falling to pre-Russia-Ukraine war levels, according to top economists’ predictions gathered by City A.M. Brits will have to wait until the run up to the next general election, [...]

  • KERB: How London street food giant behind Seven Dials Market aims to make Berlin taste better

    January 23, 2023

    The London street food favourite behind Seven Dials Market, KERB, is expanding via a venue in Berlin’s famous Potsdamer Platz. German foodies will be able to indulge their palates across a two-story street food market which is set to open in the Sony Centre by next year. The market will showcase 12 independent food vendors [...]

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