UK stocks 2020: Which shares are City A.M. staff backing in the new year? December 30, 2019 The UK stock market looks set to end the year on a high after the Tories’ election win and progress in US-China trade talks alleviated the uncertainty that has weighed on markets for months. But the road ahead is far from clear, with the looming Brexit date of 31st January and various upcoming trade negotiations [...]
Coronavirus live: Social distancing needs to be in place for most of a year, say government advisers March 20, 2020 1.35pm: Social distancing measures need to be in place for “most of a year” Scientists advising the government have said social distancing measures need to be in place for “at least most of a year” to combat the coronavirus outbreak. In a press conference last night, Prime Minister Boris Johnson said the UK could “turn [...]
Theresa May determined to deliver Brexit ‘on time’ ahead of crunch talks on Irish backstop February 3, 2019 Theresa May has said she remains "determined" to deliver Brexit on time as she prepares to reopen talks with the European Union on the issue of the Irish backstop. Writing in the Sunday Telegraph, the Prime Minister said she would head to Brussels to with a "fresh mandate, new ideas and a renewed determination" to stick [...]
Bell Pottinger faces client exodus: Top firms seek to distance themselves from disgraced PR firm | City A.M. September 5, 2017 Bell Pottinger is facing an exodus of clients as companies seek to distance themselves from the disgraced PR firm. The iconic company, which was kicked out of the Public Relations and Communications Association (PRCA) on Monday, is now scrambling to regroup. City A.M. understands Bell Pottinger wants to name a new boss this week, following [...]
PwC US chairman reassures staff over Trump travel ban January 31, 2017 The US chairman and senior partner of professional services giant PwC has become one of the latest business names to reassure staff over Donald Trump's travel ban over seven Muslim majority countries. In a message posted on Facebook, Tim Ryan wrote: I want to thank all those who have reached out to me in the [...]
WPP confirms Sir Martin Sorrell’s pay of £62.8m March 15, 2016 Advertising and PR group WPP has confirmed that founder and chief executive Sir Martin Sorrell has taken home a share package worth £62.78m under the company's co-investment, performance-based, management incentive compensation plan, LEAP. A total of 15 WPP senior executives were involved in the scheme, which covered a five year performance period from 2011 to [...]
EU referendum: Conservative MPs threaten to bring down their own government in Brexit row June 15, 2016 A host of Conservative MPs have threatened to vote down a revenue-raising post-Brexit budget as the civil war engulfing the Conservative Party reaches new heights. As George Osborne threatened Brexit would force him to raise new taxes or cut spending to plug a £30bn hold in the public finances, 57 Conservatives have this morning issued [...]
One Direction has a lot to learn: This group of grandads is the UK’s richest band April 21, 2016 Wild horses couldn't stop the Rolling Stones from being crowned the wealthiest band in Britain and Ireland. Sir Mick Jagger, Keith Richards, Charlie Watts, and Ronnie Wood have combined fortunes of £630m, up £40m on 2015. Read more: London has more billionaires than any other city in the world It was also a beautiful day for U2, who have a [...]
EU referendum: Why business owes it to its workers to take back the Brexit debate from the political elites May 20, 2016 The most important influence on how Britain will vote on 23 June is unlikely to be President Obama, David Cameron, Jeremy Corbyn, or Nigel Farage and Boris Johnson. The unsung persuader in this vote will be a friend or colleague at work. There are 5.4m businesses in the UK and a total of 31m employees. Each [...]
EU referendum: Asda, HSBC, Vodafone and nearly 200 sign letter saying Brexit would threaten jobs – but Tesco, Morrisons and Sainsbury’s are not on the list February 23, 2016 The bosses of HSBC, BT, Vodafone and Asda are among those to have put their name to an open letter backing the remain camp and Prime Minister David Cameron's reforms in Europe. More than a third of the UK's biggest companies were represented in the letter, which was published in The Times this morning, saying they represented [...]