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      Revolut lands fresh banking licence after wrestling with Europe friction

      Revolut Banque Française ad on a Morris column in Paris, with the July Column and blurred traffic in the background.

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      Ex-UK minister Robertson rubbishes Ukrainian claims he aided Russia’s Olympic return

      Sir Hugh Robertson, British Olympic Association, wearing a poppy and name tag, at an event

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      Why the Loire Valley is about so much more than fairytale castles

      Château de Villandry in the Loire Valley, France, with its famous ornamental gardens and pink roses in bloom.

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City A.M. Content

  • Bitcoin price shows signs of recovery as major cryptocurrencies push to the upside

    June 21, 2022

    The price of Bitcoin is up another six per cent over the past 24 hours, changing hands for more than $21k this morning.

  • UK set to become largest entertainment and media market in Europe

    June 21, 2022

    The UK is set to overtake Germany in becoming the biggest entertainment and media market in Europe.

  • Centrica slams Ofgem after regulator hesitates over ringfencing

    June 20, 2022

    Centrica boss Chris O'Shea has reignited calls for the ringfencing of consumer balances, and has urged Ofgem to speed up reforms.

  • Conservatives received £500,000 donation from crypto lobbyist before crypto push  

    June 20, 2022

    The Conservative Party received a £500,000 donation from a crypto lobbyist two months before the government announced plans to make the UK a “global cryptoasset technology hub.” Thailand-based businessman Christopher Harborne donated the amount on 9 February 2022, the Electoral Commission website showed. The Conservatives announced in April their intentions to make the country a [...]

  • Crypto recovers slightly following sharp decline

    June 20, 2022

    The prices of major cryptocurrencies rose following a steep decline over the weekend.  Bitcoin rose by 6.91 per cent today to trade at $20,662.75 while Ether jumped 8.56 per cent to trade at $1,122.26.  Cryptocurrencies crashed over the weekend as a feared crypto winter set in. Bitcoin dropped below $20,000 to lower than $17,800 on [...]

  • ‘I am proud of them’: Biden backs Apple workers unionising

    June 20, 2022

    President Joe Biden said he was proud of Maryland workers who voted to join a union at the weekend becoming the latest in a tranche of workers in the US unionising, following the likes of Starbuck and Amazon. 

  • Euromoney receives £1.6bn takeover offer from private equity firms  

    June 20, 2022

    The board of Euromoney Institutional Investor PLC confirmed today that Astorg Asset Management S.àr.l and Epiris LLP (the Consortium) approached it with a possible all-cash offer of £1.6bn at £14.61 per share. This is the fifth time Euromoney has been approached by the two private equity firms, following possible all-cash offers of £11.75, £12.50, £13.10 and [...]

  • A twin-city break in charming Andalucia is now easier than ever

    June 20, 2022

    “There should be more therapy involving fish,” says Carmen, my guide at the Riofrío caviar farm in the sleepy village of the same name, halfway between Granada and Malaga. Carmen’s crouching down and gazing into one of a dozen ten-metre-long pools of water. Behind her the backdrop of the angular Loja Mountains is framed by [...]

  • Train strikes: Disruption set to cost hospitality £540m and have ‘catastrophic’ impact on night economy

    June 20, 2022

    This week’s rail and tube strikes are set to cost the hospitality sector £540m, as the nighttime economy will suffer a “catastrophic impact”. Trade union action on the transport network this week will “set back the recovery of our high streets and deter people from going out in the evening”, leading to hundreds of million [...]

  • Monday’s Crypto AM Daily

    June 20, 2022

    The Week in review With Jason Deane The theme of last week’s summary was that the narrow trading range Bitcoin had been in for weeks was “boring, but necessary” as the underlying development work is being ground out without fanfare. But that was last week. This week, Bitcoin and the broader markets were very anything [...]

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