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By: City A.M. Reporter

All 2878 Articles
  • HUNDREDS left waiting for trains after rail strike ending causes even more delays

    December 27, 2022

    Crowds of people were left waiting at major train stations across London and beyond amid ongoing disruption despite the end of a rail strike on Tuesday. Photos showed hundreds of passengers packed inside King’s Cross and Paddington, with some journeys delayed due to the late handover of engineering works. South Western Railway also apologised to [...]

  • Oil prices hit three week high as traders bet on the end of Chinese zero-Covid rules

    December 27, 2022

    Oil prices hit a three-week high on Tuesday as China’s latest easing of COVID-19 restrictions spurred hopes of a fuel demand recovery, with further support coming from cuts to U.S. energy production caused by winter storms. China will stop requiring inbound travellers to go into quarantine, starting from Jan. 8, the National Health Commission said on Monday [...]

  • Putin “knows he’s in trouble” in Ukraine: Former head of British Army speaks out

    December 27, 2022

    The former head of the British Army has said Vladimir Putin is pushing the idea of peace talks to end the Ukraine war because he’s in a “position of weakness.” Lord Richard Dannatt said of Putin’s negotiation hints that “the reason why he’s talking about this at the present moment is that he knows he’s [...]

  • Govt launches £18m TV ads encouraging Brits to save energy

    December 27, 2022

    A new TV advert will encourage people to save energy as the Government steps up its public information campaign.  The ad comes as part of the Government’s £18 million It All Adds Up initiative, which was launched earlier this month to raise awareness of “straightforward” measures people can take to cut their bills over the [...]

  • Number of takeovers and mergers halved in 2022 but ‘bargain basement prices’ to turn tide in 2023

    December 27, 2022

    The number of big takeovers and mergers involving UK-listed companies nearly halved this year as investors were deterred by market volatility, political instability and recession fears. But the tide is set to turn in 2023, with buyers eyeing up quality British companies trading at “bargain prices”, experts said. There were 49 bids for London-listed firms [...]

  • Meeting of minds? Putin and Xi to meet before the end of the year

    December 26, 2022

    Russian President Vladimir Putin and his Chinese counterpart Xi Jinping will speak before the end of the year, Russian state news agency TASS said on Monday, without giving details of the timing or format. It quoted Kremlin spokesman Dmitry Peskov as saying the two sides would release details in due course. Putin and Xi proclaimed [...]

  • South Korea scrambles jets after North Korean drone fly-by

    December 26, 2022

    South Korea scrambled warplanes and attack helicopters and fired warning shots on Monday after North Korean drones violated its airspace, the South Korean military said. South Korea tracked the drones crossing from North Korea over what is known as the Military Demarcation Line between the two countries after detecting them in the skies of the [...]

  • Show of strength? China sends dozens of aircraft into Taiwanese airspace

    December 26, 2022

    Seventy-one Chinese air force aircraft including fighter jets and drones entered Taiwan’s air defence identification zone in the past 24 hours, the island’s government said on Monday, the largest reported incursion to date. Of the aircraft, 43 also crossed the Taiwan Strait’s median line, an unofficial buffer between the two sides that lies within the [...]

  • End of the exodus? Number leaving London begins to fall

    December 26, 2022

    Moves away from London appear to have passed a peak, with estimates suggesting around 20,000 fewer properties being bought outside the capital this year than in 2021. In a year which has seen strong house price growth outside London, just over a quarter (26%) of “London leavers” in 2022 bought properties with at least four bedrooms, down from 30% [...]

  • Boxing Day trains: Cancellations leave football fans and shoppers facing chaos

    December 26, 2022

    Shoppers hoping for a Boxing Day bargain could face traffic jams as rail strikes see train services brought to a halt. Thousands of people planning to travel by train have been forced to make alternative plans amid continued industrial action. Hundreds of departures usually run on December 26 after the Christmas Day shutdown. But Network [...]

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