Scotland warns against all travel to north of England after lockdown reimposed July 31, 2020 The Scottish government has warned against all non-essential travel to Greater Manchester and other parts of northern England after ministers imposed lockdown restrictions on the area. First minister Nicola Sturgeon said: “I strongly advise anyone planning to travel to areas affected in the north of England, or anyone planning to travel to Scotland from those same areas, [...]
Ardbeg team up with DJ BBQ to add smoke to the fire July 31, 2020 Oh boy, it’s a hot one this weekend. Temperatures are set to soar – and Brits are no doubt set to gather around barbecues up and down the country. Read more: Four unique tequilas to spice up your weekend But before you default to burgers and sausages, world-renowned Islay Distillery Ardbeg and chef DJ BBQ [...]
Exclusive: Top Tory MP says Russia ‘taken hostage by mafia gang’ July 31, 2020 Tom Tugendhat MP, the chair of the foreign affairs select committee, has said the Russian state has been “taken hostage by a mafia gang”. The country is a “shell of its former self”, the MP for Tonbrige and Malling told City A.M’s The City View podcast. His comments came after a top UK security committee [...]
TSB swings to a loss due to rise in impairment charges July 31, 2020 TSB has reported a £66m pre-tax loss as credit impairment charges increased by £87.5m in the first half of the year. The figures TSB reported a statutory loss before tax of £65.5m, compared to a pre-tax profit of £21.1m in the first half of 2019. The bank said credit impairment charges increased by £87.5m, which [...]
The Friday Interview: Tom Gosnell brings mead to the masses July 31, 2020 Each Friday, City A.M. Deputy Editor Andy Silvester speaks to the most interesting people in London’s hospitality scene. This week he’s in Peckham, where founder Tom Gosnell has built the capital’s only meadery – Gosnells – turning out modern twists on the ancient drink. In an unassuming industrial estate in Peckham, a quiet drinks revolution [...]
UK reports highest number of new coronavirus cases since June July 30, 2020 The UK this evening reported its highest number of new coronavirus cases in over a month amid rising concerns over a potential second wave of the virus. There were 846 new confirmed infections recorded today, the largest amount since 28 June. Over the last month, the government has slowly eased a number of restrictions, with [...]
Credit Suisse posts 24 per cent profit jump and merges investment arms July 30, 2020 Credit Suisse hailed a huge 24 per cent rise in net profit today as it revealed its plan to combine its global markets and investment banking divisions. The Swiss banking giant also began a cost-cutting exercise to save around 400m Swiss francs per year. “The measures we outline today are the right ones to further [...]