Tesco’s share price is on the rise December 19, 2014 Tesco's share price is on the rise. The beleagued supermarket was up four per cent at pixel time, making it the best performing stock on the FTSE 100 so far today. That's a trend that stretches back the whole week (more or less), with the share price starting at 165.9p on Monday morning [...]
Carillion poised to win £100m Kings Cross contract December 19, 2014 Construction group Carillion is the preferred bidder to win a lucrative contract to produce three “prestigious” buildings as part of the Kings Cross regeneration. The business, which earlier this year attempted a £3bn merger with competitor Balfour Beatty – looks set to pick up the £100m contract, which involves the design and construction of [...]
David Cameron: We need to “bust some myths” on TTIP and the NHS December 19, 2014 The government is poised to go on a PR campaign to win over critics of the transatlantic trade and investment partnership, with Prime Minister David Cameron saying advocates should “bust some myths” surrounding it. TTIP has courted controversy, with supporters saying it will cut barriers and boost the UK economy by as much as [...]
Ukip MP Mark Reckless crowd-funds to “deal with” Conservative legal challenge December 18, 2014 Ukip MP Mark Reckless is crowd-funding to fend off legal action from the Conservatives who claim his defection cost them money. It emerged yesterday that the Tories were suing Reckless and his election agent for more than £3,000, claiming they both apporoved expenditure for campaign literature for next year's general election up to two [...]
With 3m viewers, could Gogglebox regular Andrew Michael become Ukip’s second-biggest star? December 18, 2014 Channel 4 has dropped the Michael family from its fixed rig show Gogglebox after father Andrew confirmed he would be standing as a Ukip candidate in the general election. The Brighton-based family has been on the show since it launched in March 2013. The current season has an average rating of 2.9m according to [...]
Four ways Uber promises to improve passenger safety in 2015 December 18, 2014 Uber has pledged to improve safety for passengers across four key areas next year, following the arrest of one of its drivers in New Delhi for rape. The taxi firm, which operates in 260 cities worldwide, has courted controversy over its screening of drivers in the past, with some critics claiming it puts passengers [...]
General Motors pulls out of Russia amid rouble volatility December 18, 2014 General Motors is the latest business to have stopped selling its products in Russia amidst the rouble's erratic movements. A spokesman for the car business told City A.M that GM Russia had “decided to temporaraily suspend wholesaling of vehicles to dealers in Russia” as of Tuesday this week (December 16). This decision had [...]
How will the end of the US-Cuba trade embargo affect the two countries? December 18, 2014 With Russia's economy imploding after several months of economic sanctions (and the small matter of falling oil prices), the timing of the end to a 50-year-old trade embargo between the US and Cuba could not be more interesting. In the short term, analysts do not expect much impact on either the US or Cuban [...]
US President Barack Obama and Cuban President Raul Castro to end trade embargo after 50 years December 17, 2014 US President Barack Obama has just announced the end of the longest-standing trade sanctions in US history, as part of a ground-breaking thaw in relations with Cuba. The two long-time enemies, which sit on the opposite ends of the political spectrum, have agreed to “open economic and travel ties”, the most significant improvement in [...]
Betting suspended on Queen abdicating during her Christmas broadcast after “unusual” bets placed at Coral December 17, 2014 Bookmakers Coral has suspended betting on whether the Queen will announce her abdication in her Christmas Day broadcast after a number of “unusual” bets were placed today. A spokesman told City A.M a handful of different bets had been made within half an hour of each other – prompting the team to question whether [...]
