Treasury and FCA worried by payments regulator’s fraud refund scheme August 22, 2024 The government and City watchdog have raised concerns over a fraud refund scheme from the UK payments regulator that firms have warned could do long-lasting damage to the industry, City A.M. understands.
First Earth-imaging satellite launched by MoD on Elon Musk rocket August 17, 2024 The UK military has launched its first satellite which can capture daytime images and videos of the Earth’s surface. The satellite, named Tyche, will support military operations as well as environmental disaster monitoring, mapping information development and tracking the impact of climate change globally, the Ministry of Defence (MoD) said. The satellite was launched on [...]
Farage revealed as highest-earning MP, receiving £98,000 a month from GB News August 17, 2024 Reform UK leader Nigel Farage has been revealed to be the highest-earning MP. The MP for Clacton said he is receiving almost £98,000 a month for presenting GB News, for a reported 32 hours a week, as a full list of MPs’ registered financial interests was published on Friday. During the general election, Mr Farage [...]
Which stocks are Warren Buffett, Michael Burry and Bill Ackman buying? August 15, 2024 A raft of the biggest US investors, like Warren Buffett, the Big Short’s Michael Burry, and Bill Ackman have disclosed which stocks they’ve bought and sold over the last three months. The holdings were revealed in 13-F filings last night, which all US funds worth over $100m have to file with the Securities and Exchange [...]
Dear Keir Starmer and Labour, please double down on funding Team GB athletes August 15, 2024 Sport columnist Ed Warner reflects on the Paris 2024 Olympic Games, the Team GB medal haul and UK Sport funding. Dear Sir Keir, Ms Reeves and Ms Peacock, How do you feel about Team GB’s medal tally at the Olympics? More medals, 65, than last time out in Tokyo and equal to the London 2012 [...]
Let’s be honest, Elon Musk is right to defend free speech August 15, 2024 Blaming communications for unrest has a long and unhappy history. We repeat it at our peril, writes Matthew Lesh
More advertisers to flee X after recent Elon Musk lawsuit and riot comments August 9, 2024 Elon Musk’s antitrust lawsuit against brands that have boycotted X and his controversial activity on the platform during the recent spate of UK riots are set to exacerbate the long-held misgivings advertisers have with the site, leading industry figures have said. On Tuesday, Elon Musk’s X – formerly Twitter – filed a lawsuit against a [...]
Mark Kleinman: If Britain is open for business, prove it August 8, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
US election 2024: Kamala Harris picks Tim Walz as Democrat running mate August 6, 2024 Kamala Harris is expected to select Minnesota governor Tim Walz as her vice-presidential pick ahead of the November election.
Let’s be honest, pornography is not sex positive – and it’s not prudish to say so August 6, 2024 It is commonly believed that watching pornography is part of a healthy sex life. But what if our awkwardness means we're not asking the necessary questions?