City A.M.’s awards a celebration of the best and brightest of the Square Mile March 2, 2023 Tonight at the Guildhall, City A.M. will once again host its annual awards night – a celebration of the best and brightest of the Square Mile and beyond, and the contribution of enterprising private businesses, CEOs and entrepreneurs to our national life. It will, as it always is, be a fantastic occasion. The competitive advantage [...]
The Square Mile and Me: JM Finn’s Hugo Bedford on crayfish hi-jinks, David Mayhew and hopes for 2023 March 2, 2023 Every week we ask the City’s highest flyers what they’ve learnt in the Square Mile – and what fun they had climbing the ladder. This week, it’s wealth manager JM Finn’s chief executive Hugo Bedford – on his early days in the Square Mile, why he admires David Mayhew and one particularly raucous lunch What [...]
In Defence of Capitalism: Why free markets can keep driving billions out of hunger and poverty March 1, 2023 In the first of an eight part series, the historian and sociologist Dr Rainer Zitelmann writes for City A.M. in defence of capitalism, arguing that freer markets are usually the answer to society’s problems, not the cause. Each week he will ‘myth-bust’ the common complaints about capitalism – and this week, it’s that capitalism is [...]
The Notebook: Neil Bennett on the Bank’s lost credibility, corporation tax, and Scotland the timid March 1, 2023 The Notebook is a place where interesting people note interesting things. Today it’s our fortnightly columnist Neil Bennett, the global co-CEO of communications and strategic advisory group H/Advisors, on the Bank of England’s forecasting record, corporation tax plans, and a new must-see play Cast your mind back to last November, when Huw Pill, Chief Economist [...]
The Notebook: Andy Silvester on the City’s ecosystem, a cricket charity and ‘no bullsh*t’ books February 28, 2023 As a child, I was fascinated by trains – not necessarily how diesel engines worked, but how the various moving parts of a train system worked together. Alas, the space limits of a terraced house in south London meant that my dream to build an entire train set across the top floor were thwarted. The [...]
Rishi Sunak’s Brexit deal could be the making of the Prime Minister February 27, 2023 The Brexit deal signed by Rishi Sunak today may well be the moment that he is able to take charge of his party Rishi Sunak is a funny old Prime Minister. He was vaulted up the political ranks almost by accident; his accession to Chancellor coming years before he could reasonably have expected it as [...]
Sunak must face down the vocal ‘hard Brexit’ minority within his own party February 27, 2023 The terms of our Brexit deal are too important to become mired in the internal politics of a divided Conservative party “We have to stop thinking if there is a deal that is about to be done, it means we’ve been done over in some way.” So said the rational Eurosceptic George Eustice over the [...]
Fruit and veg shortage will get worse before it gets better, warn farmers February 25, 2023 The National Farmers’ Union (NFU) has warned that shortages of some fruit and vegetables in UK supermarkets could be “the tip of the iceberg”. NFU deputy president Tom Bradshaw said a reliance on imports has left the UK vulnerable to “shock weather events”. Soaring energy bills exacerbated by the war in Ukraine have also put [...]
Modi and India stop G20 calling Putin’s war in Ukraine a ‘war’ February 25, 2023 There is concern amongst rich nations about being unable to call a war started by Vladimir Putin just that, due to splits between global powers G20 finance chiefs have been unable to reach a consensus on describing the war in Ukraine and are likely to end a meeting in India on Saturday without a joint [...]
Warren Buffett turns record profit – despite lashings of global headwinds February 25, 2023 Warren Buffett’s Berkshire Hathaway Inc on Saturday reported its highest-ever annual operating profit, even as foreign currency losses and lower gains from investments caused fourth-quarter profit to fall. Buffett called 2022 a “good year” for Berkshire in his annual shareholder letter after the conglomerate’s dozens of businesses generated $30.8 billion of profit despite rising inflation and [...]
