Spotify founder Daniel Ek says he is “very serious” about Arsenal takeover interest and has secured the funds to make Stan Kroenke an offer April 28, 2021 Spotify co-founder Daniel Ek says he has secured the financial backing to make an offer for Arsenal. The Swedish billionaire, who is chief executive and part-owner of the music streaming platform, added that he was “very serious” about buying the Premier League football club. Ek also urged current Arsenal owner Stan Kroenke to listen to [...]
Microsoft sees continued demand for cloud services April 27, 2021 It was another stellar quarter for Microsoft as it continued to benefit from the pandemic-induced shift to the cloud. The tech heavyweight beat Wall Street expectations for quarterly revenue, rising 19 per cent to $41.7bn in the three months to March just ahead of analysts’ estimates of $41.03bn. Last quarter Microsoft reported a 17 per [...]
Recruitment of independent persons April 27, 2021 | Sponsored The City of London Corporation provides local government services for the financial and commercial heart of Britain, the “Square Mile.” It is committed to promoting and maintaining high standards of conduct amongst its elected members who serve the City’s residents, workers and businesses. The Corporation is currently undertaking a review of its overall governance arrangements [...]
Senior Adops Executive role at cityam.com April 27, 2021 Over the pandemic, City A.M. has grown into a digital first business with traffic doubling and an increased focus on digital products. As a result of this continued growth, we are recruiting for a Senior Adops Executive. We are looking for a motivated, confident, social and positive person to join the digital team at City [...]
Exclusive: Boris Johnson faces calls from business leaders to commit to net zero financial system April 27, 2021 A group of business leaders have written to Boris Johnson asking him to commit the UK to developing a net zero financial system ahead of this year’s COP26 climate summit. The letter, which has been seen by City A.M., said that such a move would allow the Britain to show off its global leadership before [...]
Sunday Sitdown: ‘Skittish’ banks need to up their game, says CEO of Ezbob April 25, 2021 Following a nightmare year that was hugely disrupted by the pandemic and three subsequent lockdowns, the City is slowly switching into recovery mode as the economy starts to re-open and many sectors are coming back to life. To discuss the way back up, City A.M. sits down with Tomer Guriel, chief executive of Marble Arch-based [...]
London stocks end the week lower despite strong economic data April 23, 2021 London’s blue-chip stocks were little changed on Friday but finished the week lower as growing concerns over a surge in global coronavirus cases eclipsed optimism from recent data pointing to a rapid UK economic rebound. The exporter-heavy index ended the session flat, with a fall in heavyweight energy shares and large dollar earning companies including [...]
Top art and theatre to see as the London culture scene reopens April 23, 2021 With theatres allowed to reopen with sociual distancing from 17 May, and with restrictions lifted by 21 June, the London cultural scene is finally emerging from its Covid slumber. Here are 10 plays, galleries or institutions we can’t wait to visit. National Theatre The National Theatre reopens from 2 June with a production of After [...]
Hospitality groups gear up to take on insurers over business interruption cover April 23, 2021 Hospitality companies hit hard by the pandemic are forming groups to take on their insurers, in the hope of receiving business interruption cover they believe they are owed. The hospitality businesses involved believe they are owned payouts from their insurers after the coronavirus and subsequent restrictions left them unable to serve customers for months at [...]
Fear for the office emerges as Covid sufferers are reluctant to return April 23, 2021 More than a year after the first Covid-19 lockdown, a new trend is emerging among Brits who have been working from home, a genuine fear for the office, according to a new study shared with City A.M. Amongst Brits that now work from home, this trend is more prevalent among those who previously tested positive [...]