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      Reckitt shares slump as Durex owner takes £150m Iran war hit

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By: Catherine Neilan

Catherine Neilan is head of politics and investigations at City A.M.

All 3340 Articles
  • Boris Johnson’s mum Charlotte Johnson Wahl has never voted Tory

    September 29, 2015

    Boris Johnson might be working his way up to the top job, but there's at least one person who has never (and by the sounds of it, may never) vote for him: his mum.    Painter Charlotte Johnson Wahl says she has “never voted Tory in my life” – and thinks it is “extraordinary” that [...]

  • Quindell’s share price falls as it receives a pre-action legal letter and the claimants want £9m in damages

    September 29, 2015

    As if things couldn't get any worse for Quindell, the business this morning says it has received "notice of intended claim" from a group suggesting it is planning to bring a lawsuit against the troubled insurance outsourcer, with damages of £9m.  The law firm is not named and the claims are not detailed, other than [...]

  • Euromoney takes 10 per cent stake in Zanbato

    September 29, 2015

    Euromoney has taken a 10 per cent stake in private capital placements platform Zabato for $5.5m (£3.6m). The California-based business, founded by Silicon Valley entrepreneur Joe Lonsdale, is designed to "address inefficiencies in private capital markets". It operates a number of different divisions including a private label platform and a marketplace.  Today's investment follows a [...]

  • Hounslow West station closed as police investigate assault

    September 29, 2015

    Hounslow West station was closed this morning as police investigate a stabbing.   Metropolitan Police confirmed that a serious assault had taken place outside the station in the early hours of this morning.    A police spokeswoman told City A.M: "Police were called by the London Ambulance Service at 3:40am on Tuesday, 29 September, to [...]

  • UK immigration: Tightening rules for foreign workers is “clear threat to London”

    September 28, 2015

    A leading business group has warned the government against tightening rules for employing foreign workers, saying that “closing the door to international talent is a clear threat to London’s status as a world-leading global talent hub”.   In a formal submission this week to the Migration Advisory Committee (MAC) — a group of experts who [...]

  • Jeremy Corbyn’s vow to democratise PMQs could be revolutionary – but there are three things to consider before jumping in at the deep end

    September 28, 2015

    Traditionally, the great British public is given a vote every five years.  Now it seems we’ll be able to raise our concerns every week.   Jeremy Corbyn's crowdsourced questions for his first PMQs has given the electorate a voice it has seldom enjoyed during the course of a Parliament. If this new strategy gains momentum, [...]

  • Manchester to become trade union bill battle ground as thousands of protesters plan march against government

    September 28, 2015

    The UK's biggest trade unions are planning to target the Conservatives' party conference with a major rally and march throughout Manchester next Sunday. Coaches are being organised to take anti-austerity protesters from various points around parts of England and Wales to the centre of Manchester on 4 October. The march is expected to take place between [...]

  • Quintain takeover to go ahead after Lone Star ups stake in Wembley Park developer

    September 28, 2015

    Lone Star's takeover of Quintain will go ahead, after the firm upped its stake in the Wembley Park developer to reach the 75 per cent approval required.  Elliot Advisors had made a last-minute attempt to get a better offer from Lone Star, which is bidding for Quintain through investment vehicle Bailey Acquisitions, buying a 12.9 [...]

  • SSI to close Redcar steel plant, affecting 1700 jobs, amid the collapse of global steel prices

    September 28, 2015

    SSI is closing its Redcar steel plant, with the loss of up to 1,700 jobs, it was announced this morning.  Production had been suspended last week as the firm attempted to ride out the collapse of global steel prices. Workers staged a rally over the weekend as they attempted to keep their jobs, saying it [...]

  • It’s not good to talk: Vodafone’s share price falls as talks with Liberty Global talks terminated

    September 28, 2015

    Telecoms giant Vodafone and US cable provider Liberty Global have terminated talks over a much-anticipated deal.   Vodafone's share price has suffered a result of the news, down four per cent in early trading.    The two firms have been in discussions for months, but Vodafone has always insisted the pair were simply considering “a [...]

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