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By: City A.M. Reporter

All 2878 Articles
  • British American Tobacco to pay over £512m in North Korea sanctions case

    April 25, 2023

    British American Tobacco has agreed to pay more than $635m (£512m) to US authorities after a subsidiary pleaded guilty to charges that it conspired to violate US sanctions by selling tobacco products to North Korea and commit bank fraud, a US court filing and the company said on Tuesday. The tobacco sales at the heart [...]

  • Bank of England’s Huw Pill: Brits ‘need to accept’ they’re poorer

    April 25, 2023

    Bank of England's chief wonk says Brits need to accept they're poorer - or risk stoking further price hikes

  • Wrexham’s promotion: ‘Feelgood fairy tale’ or ‘brand-building exercise that sticks in the craw’? Our writers debate

    April 25, 2023

    Wrexham clinched the National League title at the weekend, securing their promotion to the English Football League two years after being bought by Hollywood actors Ryan Reynolds and Rob McElhenney. But is the story, which has been played out in a reality TV series as well as on the pitches of England and Wales, an [...]

  • Grocery inflation dips by just 0.2 per cent as Aldi now has a tenth of the market

    April 25, 2023

    Grocery price inflation dipped slightly in April – but consumers are still paying 17.3 per cent  more than this time last year, figures show. Kantar warned that the fall from last month’s 17.5 per cent  only meant that prices were not increasing as quickly after 10 months of double-digit growth. As consumers continued to find [...]

  • Bitcoin could top £80,000 by next year, Standard Chartered says

    April 24, 2023

    Bitcoin could surge to $100,000 by the end of next year as central bankers ease interest rates and a so-called “crypto winter” thaws, according to analysts Standard Chartered.

  • ‘Bomb like’ devices planted in England’s legal heartland amid £1m court wrangle with a top lawyer

    April 24, 2023

    Two bomb-like devices were planted in England’s legal heartland as part of a grudge campaign against a senior lawyer involved in a £1 million legal wrangle, a court has heard. Andrew Sutcliffe KC was targeted at his chambers in Gray’s Inn in central London as part of a plot to cause him and another lawyer [...]

  • Philips shares and profits up as investors dismiss £575m sleep device recall bill

    April 24, 2023

    Philips shares jumped 13 per cent on Monday as the Dutch health technology company reported much better than expected first-quarter results and said it had set aside €575 million ($631 million) related to lawsuits over its recall of respiratory devices. Amsterdam-based Philips has been grappling with the fallout of the global recall of millions of respirators used to treat [...]

  • ‘Abandoned’: UK citizens trapped in Sudan concerned as Government has ‘severely limited’ ability to help

    April 24, 2023

    British nationals trapped in Sudan have said they feel “abandoned” by the UK Government as the Foreign Secretary warned that help will remain “severely limited” until a ceasefire is reached. James Cleverly has faced questions about why British diplomats had been prioritised over other UK citizens following a night-time evacuation mission to rescue embassy staff [...]

  • Emergency alert: Review to probe why some phones did NOT buzz as Three customers left out

    April 24, 2023

    A review will be conducted to find out why some mobile phones did not receive the test of a new national emergency alert system on Sunday. The cabinet office said the “vast majority of compatible phones” received the alert as part of what was said to be the biggest public communications exercise carried out in [...]

  • London Marathon: 45 Guinness World Records smashed including for runners dressed as a boxer and 3D dinosaur

    April 24, 2023

    Tens of thousands of people braved the pouring rain to complete what is likely to have been the largest London Marathon in history and which also saw a new top time in the men’s elite race. Some 49,675 runners registered for this year’s race, up from the previous record of 43,199 in 2019 – and around 48,000 [...]

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