NFL is back in the capital as London hosts 31st American Football game September 30, 2022 When the Minnesota Vikings and New Orleans Saints clash on Sunday at the Tottenham Hotspur Stadium, it will be the 31st NFL game to be played in London in which no more than one of the sides took a winning record into the fixture. The Vikings are two and one this season with a points [...]
City Moves: Who’s switching jobs in the Square Mile? April 21, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Future Specialist media platform Future has a new UK group commercial director, who brings more than three decades experience to the position. Clare Dove, who has held senior commercial roles at Condé Nast and Trinity Mirror, will help the company identify new [...]
Netflix fall a sign investors are looking again for fundamentals April 20, 2022 When the electric carmaker Rivian listed on Wall Street last year, it was briefly valued at more than Anheuser-Busch. The latter, most famously, produces Budweiser; a beer that sells in great quantities for more than it costs to produce. It is a functioning, well understood business, and despite the best efforts of governments we remain [...]
FTSE 100 close: London slumps as Natwest shares crater after Rose review October 27, 2023 London’s FTSE 100 closed the week down almost one per cent, while Natwest’s shares plummeted on the outcome of its review into former boss Dame Alison Rose. The capital’s premier bluechip index ended the day well in the red, after showing signs of being steady throughout most of Friday. By midday it was up around [...]
Amazon ad banned for ‘misleading’ customers into signing up for Prime October 30, 2019 Amazon has been reprimanded by the ad watchdog over concerns the delivery options on its website may have misled people into signing up for Prime. The Advertising Standards Authority (ASA) received 10 complaints about a promotion that appeared during the ecommerce giant’s checkout process. Read more: Microsoft beats Amazon to Pentagon’s $10bn cloud computing contract [...]
Barclays calls on retailers to help stop mounting BNPL debt crisis June 23, 2022 Barclays has sounded the alarm over rising buy-now pay-later debt today and called on retailers to step up and protect shoppers, warning that 876,000 Brits could be plunged into unmanageable debt this year without intervention.
Many Tories believe Channel 4 sale is ‘revenge for biased coverage’ on Brexit and Boris Johnson, says Julian Knight MP April 5, 2022 Government plans to forge forward with the privatisation of Channel 4 are “revenge”, adding that many Tories believe the move is “payback time” for “biased coverage”, according to Tory MP Julian Knight. In a string of tweets, the MP addressed what he said was the “elephant in the room time” as he tweeted: “Is this [...]
Venture firm Electric Capital raises $1bn to fund crypto startups March 1, 2022 Electric Capital has closed a $1bn (£749m) capital raise to fund crypto networks, Web3 protocols and blockchain-based businesses.
Labour’s spending promises have been backed into a corner by a frail economy October 2, 2023 Starmer’s U-turn on the charitable status of schools is the latest about-turn on key Labour policy as the party finds its commitments backed into a corner by a fragile economy, writes Eliot Wilson
Treasury presses ahead with online sales tax October 18, 2021 The Chancellor is reportedly amping up plans for an ‘Amazon tax’ that would help bricks-and-mortar high street stores. It comes after businesses were left bitterly disappointed by reports that Rishi Sunak has delayed a radical overhaul of the business rates system. Treasury officials have sped up work on a new online sales tax in the [...]