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By: City A.M. Reporter

All 2878 Articles
  • London Waterloo: Century-old roof to go glass at capital’s busiest station in two year refurb project

    April 20, 2023

    The century-old roof of the UK’s busiest railway station is being renovated to create a brighter environment for passengers. Network Rail said it has started a two-year project to refurbish London Waterloo’s roof, which was built in 1922. Around 10,000 new glazed panels will be installed across 12,000 square metres of roof – an area nearly twice [...]

  • Tesla profits driven down as carmaker continues to slash prices

    April 20, 2023

    Price reductions across the model line-up cut into Tesla’s first-quarter net income, causing it to fall 24 per cent from a year ago. The electric car and solar panel company, based in Austin, Texas, said on Wednesday it made $2.51bn dollars (£2.01bn) from January through to March, down from $3.32bn (£2.67bn) a year ago. Revenue rose 24 [...]

  • Confirmed: More strikes at Heathrow risk throwing May and coronation travel plans into chaos

    April 19, 2023

    Heathrow Airport has said that eight further days of walkouts by security staff will not disrupt travel for the tens of thousands of overseas visitors heading into London for the coronation of King Charles III. Unite the Union have announced walkouts on May 4, 5, 6, 9, 10, 25, 26 and 27. It is the [...]

  • Cyber attacks hit a third of firms and quarter of charities last year, including Royal Mail, WH Smiths and JD Sports

    April 19, 2023

    Nearly a third of businesses and a quarter of charities have said they were the subject of cyber attacks or breaches last year, new data has shown. Figures collected for the Government by polling company Ipsos show a similar proportion of larger and medium-sized companies and high-income charities faced attacks or breaches last year as [...]

  • GSK: Hundreds of workers at British pharma giant to strike in May in pay dispute

    April 19, 2023

    Hundreds of workers at pharmaceutical giant GSK will stage a series of walkouts in May in a dispute over pay. Unite said 750 of its members have voted for strike action after rejecting a 6% pay offer and a one-off lump sum of £1,300, describing it as “significantly below” inflation. Unite said industrial action will [...]

  • Credit Suisse accused of limiting scope of probe into Nazi-linked accounts

    April 19, 2023

    US senators have accused embattled Swiss bank Credit Suisse of limiting the scope of an internal investigation into Nazi clients and Nazi-linked accounts – including some open that were until just a few years ago. The US senate budget committee said an independent ombudsman initially brought in by the bank to oversee the probe was [...]

  • FCA: Brits saved almost £1bn after shake-up of overdraft rules according to City regulator

    April 19, 2023

    People have collectively saved nearly £1 billion due to a shake-up of rules around overdrafts, according to calculations by the City regulator. The rules, introduced by the Financial Conduct Authority (FCA), reduced high fees for unarranged borrowing and swept away complex charging structures, which made it hard for people to compare borrowing costs. The £1 [...]

  • London Marathon: Where are spectators being to told AVOID due to Extinction Rebellion disruption?

    April 19, 2023

    Spectators have been urged to avoid a famous part of the London Marathon route on Sunday amid a planned protest, as a minister said Extinction Rebellion “must be stopped”. The climate group’s scheduled four-day protest in central London from Friday to Monday could see some 30,000 of its supporters in the Westminster area for the [...]

  • Sunak finally declares childcare agency his wife Akshata Murty holds shares in amid probe

    April 19, 2023

    Rishi Sunak has declared the childcare agency his wife holds shares in as a financial interest as he is investigated over a possible breach of the rules. The delayed list of ministerial interests published on Wednesday contained for the first time a reference to “a number of direct shareholdings” owned by Akshata Murty. The Prime [...]

  • Tony Danker says CBI have thrown him “under the bus” in TV interview

    April 19, 2023

    The ousted boss of the CBI Tony Danker has hit out at the business body’s decision to fire him, saying his reputation has been “totally destroyed.” Danker was given the push after a series of allegations that he made some staff feel uncomfortable and complaints about his behaviour. He stepped aside during the course of [...]

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