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By: City AM reporter

All 655 Articles
  • Shell to post lower 2024 profit after year of faltering oil demand

    January 26, 2025

    Shell is expected to post lower annual profit than the previous year next week, after the energy giant was hit by weak oil prices and faltering demand for the fossil fuel. The London-listed company is scheduled to announce its financial results for the calendar year 2024 on Thursday. Analysts have forecast that it will post [...]

  • Streeting heckled as he urged progressives to fight ‘populist right’

    January 25, 2025

    Health Secretary Wes Streeting was interrupted by climate protesters on Saturday as he gave a speech urging progressives to fight the “populist right” in a battle of ideas. Two women shouted over him as he used an address to the Fabian Society to call for the centre-left to take on the “miserablist, declinist vision” he [...]

  • British Council could ‘disappear’ in a decade without financial help, boss warns

    January 25, 2025

    The British Council could “disappear” within the next decade without urgent government intervention, the organisation’s chief executive has said. Scott McDonald, the boss of the UK’s international organisation for cultural relations, warned the council’s presence in up to 40 countries was in jeopardy without financial guarantees from the government. “I think we would be in [...]

  • Tories push for school smartphone ban to be added to education bill

    January 25, 2025

    The Tories will push for a ban on smartphones in schools to be included in the Government’s education Bill. The Conservatives are tabling an amendment to the Children’s Wellbeing and Schools Bill to end the use of mobile phones and other devices during school days by pupils. It is understood that the Labour government has [...]

  • THG trading on target after Ingenuity split

    January 23, 2025

    THG, the company behind fitness supplement brand Myprotein, has reported its first trading update after the group split in two earlier this year. The company told the market this morning that adjusted earnings before interest, tax, deprecation and amortisation (EBITDA) for 2024 are expected to align with consensus expectations. At the beginning of January, THG [...]

  • Priti Patel: Labour should focus on negotiating with Trump instead of ‘disparaging comments’

    January 19, 2025

    Labour should focus on starting negotiations with Donald Trump, rather than making “disrespectful and disparaging comments”, shadow foreign secretary Dame Priti Patel has said. She told Sunday Morning With Trevor Phillips on Sky News: “I think we have to respect the fact that he has a very significant mandate. The American people voted clearly, categorically, [...]

  • Ministers to announce plans to claim back money from benefit fraudsters

    January 19, 2025

    Ministers are set to unveil plans for new laws which mean they will be able to reclaim money from bank accounts in instances of benefit fraud. The Department for Work and Pensions has announced that new planned powers will mean that money can be reclaimed from people who have committed fraud and are not on [...]

  • Ministers set to unveil plans for digital driving licences

    January 18, 2025

    Ministers are set to unveil plans for digital driving licences next week, according to reports. The Times reported on Saturday that the licences will be available through a new government app, potentially by the end of this year. Officials have emphasised that a digital licence would not be mandatory. The digital wallet that will contain [...]

  • Train drivers seek to put ‘dent’ in cost of living in pay talks

    January 18, 2025

    Train drivers in England will look to “put a dent” in the cost of living over the past few years when they negotiate their next pay settlement, according to the head of their union. Mick Whelan, general secretary of the Associated Society of Locomotive Engineers and Firemen (Aslef), told the i Paper any proposed rise [...]

  • Pensions triple lock should not be kept ‘indefinitely’, says minister who introduced it

    January 18, 2025

    The minister who first signed off on the pensions triple lock has suggested he thinks there is not a case for keeping the measure “indefinitely”. Former Liberal Democrat MP Sir Steve Webb, who served as pensions minister in the coalition government, thinks there is still a case for keeping it now, and there is still “a pretty low state pension” [...]

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