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By: City AM reporter

All 644 Articles
  • Justin Welby says he forgives abuser Smyth

    March 30, 2025

    Former archbishop of Canterbury Justin Welby said he forgives serial abuser John Smyth as he repeated an apology to victims and told of the “deep sense of personal failure” he feels about the handling of allegations. The former most senior bishop in the Church of England, who resigned in November and stepped down officially in [...]

  • Government asks MP watchdog to review expenses rules

    March 30, 2025

    Ministers will ask a Parliamentary watchdog to review some expenses claims after a Labour MP was able to claim £900 from the taxpayer in “pet rent”. Security minister Dan Jarvis insisted his colleague Taiwo Owatemi, a Government whip and the MP for Coventry North West, followed the rules when she made the expenses claim in [...]

  • Iran rejects direct negotiations with US after Donald Trump letter

    March 30, 2025

    Tehran has rejected direct negotiations with the US in response to a letter from Donald Trump over its rapidly advancing nuclear programme, the president of Iran has said. The remarks from Masoud Pezeshkian represented the first official acknowledgement of how Iran responded to Trump’s letter. It also suggests that tensions may further rise between Tehran [...]

  • Raspberry Pi: Results in focus after London IPO

    March 30, 2025

    Raspberry Pi is set to give an insight into demand for its new chips after the computer firm was thrust into the spotlight when it launched on the London stock market last year. The Cambridge-based business will publish its full-year financial results on 2 April. Rasperry Pi’s revenues soared by 61 per cent in the [...]

  • Yvette Cooper signals no progress made exempting UK from tariffs

    March 30, 2025

    Home secretary Yvette Cooper has indicated that no progress has been made to exempt the UK from US president Donald Trump’s tariffs, adding that they could harm the entire world’s economy. Asked by Sky News’s Sunday Morning With Trevor Phillips programme how damaging she thought the tariffs could be, the home secretary said: “In the [...]

  • Businesses face billions of extra costs as wages and tax to rise

    March 30, 2025

    UK businesses are set to face a multibillion-pound wave of higher costs this week as higher wages and tax increases come into force. Retail and hospitality bosses have warned that higher labour costs and taxes are set to push up prices for customers across the UK. A raft of measures linked to the Labour government’s [...]

  • Elon Musk sells X to his own xAI for £25.5bn in all-stock deal

    March 29, 2025

    Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33bn (£25.5bn) all-stock deal, the billionaire announced. Both companies are privately held, which means they are not required to disclose their finances to the public. Mr Musk said in a post on X that the move will “unlock immense potential by blending [...]

  • Welby failed to act on child abuse allegations as scale was ‘overwhelming’

    March 29, 2025

    Former archbishop of Canterbury Justin Welby said he was “overwhelmed” by the number of child sex abuse allegations he was informed of. Dr Welby resigned in November after a report revealed he did not adequately follow up on reports about serial abuser John Smyth, who was heavily involved with the Church of England. The report [...]

  • Union highlights claims of staff shortages at railway ticket offices

    March 29, 2025

    A rail union is to hold a series of protests highlighting claims of staff shortages at ticket offices. The Rail, Maritime and Transport union (RMT ) said there was understaffing at a number of stations on the West Coast mainline served by Avanti. The RMT said plans to close ticket offices across the country were [...]

  • Thames Water’s finance chief quits as firm continues trying to find a buyer

    March 28, 2025

    Thames Water’s finance boss has quit midway through a key restructuring of the heavily indebted utility giant. Chief financial officer Alastair Cochran told the firm that he was stepping down on Friday morning. His sudden departure comes as Thames Water continues to try to find a buyer for the company to help steady its finances. Thames Water is England’s biggest water firm, with about [...]

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