The great student loans swindle Paul Ormerod Vast quantities of student loans will never be repaid, representing a massive subsidy not just to students themselves but to universities. No other industry is cosseted in this way, failing universities should be allowed to go to the wall, say Paul Ormerod The university sector in the UK is in financial trouble. The annual fee [...]
The Debate: Should B Corps cut ties with fossil fuel companies? the debate City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with fossil fuel companies? Is it delusional to pretend that fossil fuel companies meet the B Corp standards, or is it unrealistic to shun companies like [...]
Life after prison: Battling homelessness and unemployment lucy kenningham “People do come out of prison, that’s the whole point. So what’s next?” Lucy Kenningham speaks to ex-offender Jason Barnfather
Worst corporate jargon of the week: Disruptor July 25, 2024 Offender: Disruptor Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a stand and calling out the worst jargon which travels around the City faster than you can drink an overpriced pint. This week: disruptor. What does [...]
Square Mile and Me: Berry Bros CEO Emma Fox on retail, her career and wine July 25, 2024 Each week we ask a City figure to take a trip down memory lane. Today, Berry Bros CEO Emma Fox, who is also executive director at The City Pub Group and formerly held senior roles at Halfords and Walmart Canada, takes us through her sparkling career What was your first job? Potato picker over the [...]
Tory leadership candidates must face up to past failures July 25, 2024 Far from facing up to the mistakes of the past, too many of the Tory leadership contenders are responsible for them, says Tom Jones And so, the race to be Conservative leader has started. Not with a bang, perhaps, but a whimper. Tom Tugendhat’s campaign was kicked off by a spectacularly poor article by Steve [...]
The business case for the King July 25, 2024 In a cost of living crisis, headlines suggesting that the King is set for a “£45m pay rise” funded by taxpayers are bound to rankle – but they are misleading. The monarchy is not funded out of the public purse in the ordinary sense. The money the King receives – the Sovereign Grant – is [...]
Sadiq Khan has no answers on London’s ailing nightlife July 25, 2024 More than 3,000 pubs and clubs have closed since the pandemic while other cities like Manchester and Liverpool have thrived. If the mayor won’t do anything about it, others will, says Emma Best Growing up gay in London, my world and confidence in who I was changed when I was able to start experiencing London’s [...]
Benefit cap punishes children for their parents’ choices July 24, 2024 If Labour are looking to make savings on the welfare bill, there are plenty of places other than the two-child benefit cap to look – starting with the pensions triple lock In a manifesto that was light on detail, two of Labour’s biggest promises were to adopt Conservative policies: on the fiscal rules and the [...]
The Notebook: Falling fares spell trouble for airlines while Big Tech set for monster quarter July 24, 2024 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor, with the pen, talking airline stocks, Big Tech earnings season and her summer listening picks Turbulence at Ryanair, BA and Easyjet Airline stocks are having a turbulent time. Just on Monday, shares [...]