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By: City A.M. Reporter

All 2878 Articles
  • Thames Water scrambles for emergency cash from shareholders

    July 9, 2023

    Thames Water is looking to secure an emergency funding injection from shareholders as it scrambles to avert collapse and nationalisation, according to reports.

  • Minister backs sports fans to intervene in Just Stop Oil protests – but DON’T ‘do a Jonny Bairstow’

    July 7, 2023

    Sports fans have been backed by a Home Office minister to intervene against protesters as a funder of the Just Stop Oil environmental group insisted its activists’ actions are “vital”. Events have been told to put more stewards and injunctions in place to prevent disruption from protesters as policing minister Chris Philp backed spectators acting [...]

  • Wall Street falls after hot jobs data raises threat of high rates

    July 7, 2023

    Stocks fell on Thursday after reports suggested the US jobs market remains much more resilient than expected. The S&P 500 lost 35.23, or 0.8 per cent , to 4,411.59. The Dow Jones Industrial Average dropped 366.38, or 1.1 per cent , to 33,922.26, and the Nasdaq composite gave up 112.61, or 0.8 per cent , [...]

  • UK to give Ukraine 17 specialist war fire engines to protect against Russia attacks

    July 7, 2023

    The UK will supply Ukraine with 17 specialist fire engines as the war-torn country continues to defend itself against the Russian invasion. The Rapid Intervention and Major Foam Vehicles, sourced from the Royal Air Force, Defence Fire and Rescue and the Welsh Government, are due to arrive in the coming weeks, the Ministry of Defence [...]

  • Musk vs Zuckerberg row rumbles on as Twitter threatens to sue Meta over Threads

    July 7, 2023

    Twitter has threatened to sue Meta over its fast-growing rival Threads app, alleging that it stole trade secrets. The Instagram and Facebook owner, which launched Threads on Wednesday, appeared to deny that former Twitter employees worked on the creation of the app and used insider knowledge. Meta chief executive Mark Zuckerberg said more than 30 [...]

  • London Underground workers to STRIKE at end of July – here’s all you need to know

    July 7, 2023

    London Underground workers are to take industrial action in a long-running dispute over jobs, pensions and conditions. The Rail, Maritime and Transport union (RMT) said its members will take strike action from July 23 to 28. The RMT said there will be no strike on Monday July 24, while workers in different grades will take action on each of [...]

  • Taylor Swift fans warned Eras tour tickets ‘highly attractive target for criminals’

    July 6, 2023

    Taylor Swift fans keen to secure tickets for her 2024 Eras Tour have been urged to be alert to fraudsters taking advantage of “phenomenal demand” for the shows. Fans who registered last week were to have learned on July 5 if they had been randomly selected to receive a highly sought-after pre-sale code giving them [...]

  • End of an era: Majority of jobs axed as TV shopping channel Ideal World collapses

    July 6, 2023

    TV shopping channel Ideal World has hired administrators and made the “majority” of its workforce redundant. The Peterborough-based company employed around 275 people at its head office but hired insolvency experts from advisory firm Kroll on Wednesday after it was hit by weaker consumer spending habits. Administrators said overall trading was “not strong enough” for [...]

  • Lavazza burned by surging coffee bean costs with earnings down double-digits

    July 6, 2023

    Lavazza has warned over a double-digit drop in earnings this year amid surging coffee bean costs and said its prices are not set to come down for consumers until 2024. The Italian coffee giant said it is braced for a hefty drop in underlying earnings over 2023 as it looks to limit price hikes. It [...]

  • Wimbledon primary school crash: Girl killed, woman arrested, many injured – Met

    July 6, 2023

    A girl has been killed as a car crashed into a girls’ prep school building. The Metropolitan Police said a woman in her 40s has been arrested on suspicion of causing death by dangerous driving after the incident at The Study Preparatory School in Camp Road, Wimbledon, south-west London, on Thursday. In a statement, the [...]

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