The Christmas Day Quiz: City A.M. tests out your grey matter December 24, 2022 It’s the Christmas Quiz you’ve been waiting for! Each year City A.M. publishes Deloitte’s economics team’s festive brainteasers, produced as part of their regular Monday briefing. Grab a pen – the answers are at the bottom, and come packed with plenty of extra details… 1. The nineteenth century Scottish historian and philosopher Thomas Carlyle dubbed [...]
Santa Tracker: How to follow Father Christmas around the globe today December 24, 2022 Father Christmas may be hard to spot coming down the chimney but he’s easier to keep an eye on these days thanks to a US government agency’s Santa Tracker. Each year, NORAD – the North American Aerospace Defence Command – publishes live real time data tracking the world’s most famed gift giver across the planet. [...]
London braced for transport chaos as Christmas Eve train strike begins December 24, 2022 Strike action could bring chaos to millions of people on Christmas Eve, as walkouts hit rail services and Border Force action enters a second day. With one day to go until Christmas, travellers were being issued with warnings of delays, congestion and disruption. Fears of disorder at UK airports and long queues at passport control [...]
US-China tension: Taiwan spending angers Beijing power brokers December 24, 2022 Beijing has condemned an annual US defence spending bill for hyping up the “China threat”, but Taiwan welcomed the legislation, saying it demonstrated US support for the self-governing island that China says must come under its rule. “China deplores and firmly opposes this US move,” the Foreign Ministry said in a statement posted online on [...]
Pubs closing down: Crisis for industry as more than one a day shuts doors December 24, 2022 More than 32 pubs disappeared from communities in England and Wales each month in 2022 as rocketing energy bills and staffing pressures forced businesses to shut for the final time. New analysis of official government data by real estate adviser Altus group found the overall number of pubs slid by 386 during the year. The [...]
Twitter, Elon Musk – and what’s next for the bird-owning billionaire December 24, 2022 Elon Musk started the year as just a prominent Twitter user, but he ends it as its beleaguered owner set to step down as chief executive after a chaotic two months in charge. The Tesla and SpaceX owner launched his dramatic takeover bid in April after buying up enough shares to become the site’s biggest [...]
Two people killed in central Paris shooting December 23, 2022 Two people have been killed and four hurt in a Paris shooting, authorities in France said. Two of the four people who were injured are in a critical condition, officials said. A 69-year-old has been arrested, with officials working to confirm their identity. The motive for the shooting was not immediately clear. Anti-terrorism prosecutors are [...]
Government’s Rwanda deportation plans for asylum seekers are legal, High Court rules December 19, 2022 Government plans to deport asylum seekers to Rwanda are lawful, the High Court has ruled. Several challenges were brought against the proposals announced by then-home secretary Priti Patel in April, which she described as a “world-first agreement” with the east African nation in a bid to deter migrants from crossing the Channel. The first deportation [...]
Liz Truss, Bill Hwang and Elon Musk: The 2022 awards you don’t want to win December 18, 2022 We started the year with Boris Johnson in Downing Street and optimism for a Covid-19 rebound. It didn’t quite turn out that way – and here’s our pick of the best of the best (or worst of the worst) of 2022… THE MUM OF THE YEAR AWARD This year hasn’t been smooth sailing for e-commerce retail [...]
Federal Reserve could scale back interest rate hikes from December November 30, 2022 The Federal Reserve could scale back the pace of its interest rate hikes "as soon as December," revealed Fed Chair Jerome Powell.