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City A.M. Content

  • Price of Bitcoin and Ethereum holds the line amid wider market instability  

    October 3, 2022

    The Bitcoin price continues to move horizontally, hovering around $19,000 and showing a slight bump of 1.5% growth in the last week.

  • Socially conscious insurer Lemonade makes first entry into UK market

    October 3, 2022

    New York insuretech company Lemonade Inc today launched in the UK market with a view to disrupting Britain’s centuries-old insurance sector with its socially-conscious, AI-driven business model. The digital insurer aims to break the “cycle of distrust that plagues the insurance industry” with its pledge to cap its margins at 25 per cent by donating [...]

  • Luxury resort developer jailed for 12 years over £226m fraud

    September 30, 2022

    A “thrice bankrupt fraudster”, who lost investors almost £400m through a “fatally flawed” Caribbean property scheme, was jailed at Southwark Crown Court today. David Ames, 70, a former double-glazing seller from Essex, was sentenced to 12 years in prison today, after being convicted of defrauding investors of £226m. Ames’ Harlequin property development company collapsed in [...]

  • Crypto markets flat as US stocks continue descent while Sterling recovers

    September 30, 2022

    Bitcoin was holding the line just above $19,500 this morning - half a per cent above yesterday, and just two per cent up from last week.

  • October 1st – Punter Podcast Summary

    September 30, 2022

    In our new feature, get all of City AM racing editor Bill Esdaile’s weekend tips in a short, summary episode of the Punter Podcast alongside Chris Barnett. The full weekend preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section for over a decade [...]

  • EP: 162 Newmarket, Ascot, Longchamp & Hong Kong

    September 30, 2022

    What a magnificent couple of day’s racing we can look forward to this weekend. On Saturday, Newmarket stages the Group 1 Sun Chariot Stakes, whilst Ascot and Redcar complete the afternoon line-up. Saturday and Sunday sees the prestigious Prix de l’Arc de Triomphe meeting taking place in Paris. We speak to French trainer Francis Graffard [...]

  • BBC slashes nearly 400 jobs as licence fee squeeze continues

    September 29, 2022

    The BBC has slashed nearly 400 jobs from its world service division as the broadcaster feels the increasing pressure of the licence fee freeze. The Beeb said it would be moving towards a “digital-first” strategy for the BBC World Service, cutting 382 posts in the process. “Changing audience needs around the world – with more [...]

  • Curing a village of needless blindness

    September 29, 2022  |  City Talk

    In a rural fishing and farming village in Morang District of Nepal, a team from the Tej Kohli & Ruit Foundation set up a screening camp on 15th August 2022.  From the village, over 150 people were screened and 23 of those were found to be living with cataracts. This is an extremely common form [...]

  • Bitcoin and Ethereum rebound after yesterday’s cool down

    September 29, 2022

    Bitcoin is changing hands just north of $19,000, up more than two per cent over a day, while Ethereum is trading for around $1,300.

  • Government has until November to end barristers’ strike before judges will be justified in releasing prisoners

    September 28, 2022

    Judges acted unlawfully by releasing prisoners awaiting trial because of the barristers’ strike, a High Court has ruled, after warning the government has just two months to sort the situation out before courts will be justified in letting out those awaiting hearings. Crown Court judges in Bristol and Manchester who released prisoners on bail, on [...]

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