Explainer: Will Team Boris ever leave Rishi alone? June 16, 2023 Imagine you’ve finally made it to the top. For years you’ve been in second position, waiting for the right time, and now there you are: you’ve stolen the top seat and finally got rid of your blonde-haired, chaotic predecessor. He’s out of your way, and you can finally relax and focus on the things you’re [...]
£3bn mortgage support fund branded ‘terrible economics and bad politics’ after Lib Dem calls June 16, 2023 Calls for a £3bn mortgage protection fund have been branded “terrible economics and bad politics” as lenders continue to raise rates. Liberal Democrat leader Sir Ed Davey called for the multi-billion pound fund to be set up to offer help to families at risk of losing their homes, as repossession fears spiral. But Tim Pitt, [...]
Tech Week Day Five: The UK has an opportunity to walk an international path on tech June 16, 2023 As the tenth anniversary of London Tech Week draws to a close – with a fair few exciting fringe events still taking place across the capital today – it’s time draw conclusions from an extraordinary week for London and UK tech. From the prime minister and the mayor of London’s opening keynotes on Monday, to the AI Summit at Tobacco [...]
‘A massive mistake’: Liz Truss bemoans Boris Johnson’s removal after Brexit mandate June 16, 2023 Liz Truss has waded into the fallout over the partygate report which found her predecessor Boris Johnson lied to Parliament, branding his removal a “massive mistake”. The former prime minister, who stood down after a short and tumultuous premiership last autumn, told GB News that Johnson had a “huge mandate” in support of Brexit. Asked [...]
Zopa: C-suite hiring spree continues with ex Sainsbury’s, Moonpig and KPMG execs June 16, 2023 Digital bank Zopa has drafted in top figures from Sainsbury’s, Moonpig and KPMG as part of a major leadership shakeup before an expected flotation. The lender announced today Peter Donlon and Kate Erb have been brought in as chief technology officer (CTO) and chief operating officer (COO) It said the moves were made as it [...]
New train strikes announced for 2 July as company bans overtime June 16, 2023 Drivers at two train operators will take industrial action in disputes separate to the ongoing national row over pay, it has been announced. Members of Aslef at Avanti West Coast will strike on 2 July, while drivers employed by London North Eastern Railway (LNER) will refuse to work overtime from July 1 until further notice. [...]
Further evidence that Bitcoin is a commodity, and falls outside the securities issue June 16, 2023 Jason Deane assesses the crypto week and uncovers further proof that Bitcoin should be treated entirely as a commodity - not a security.
Bank of England survey finds public has all time low confidence in its ability to tackle inflation June 16, 2023 Public confidence in the Bank of England’s ability to tackle inflation has plummeted according to a fresh survey by… the Bank of England. The central Bank issued its quarterly poll of public attitudes to tackling inflation as speculation grows that it will hoist interest rates to 5.75 basis points next week, amid out-of-control inflation. Asked [...]
EP: 206 York, Sandown & Hong Kong June 16, 2023 With Royal Ascot just around the corner, it’s a fairly low-key day of racing in the UK on Saturday. Sandown’s card features the five furlong Listed Scurry Stakes with York the venue for the Grand Cup, run over the famous Ebor distance of a mile and three quarters. City AM Racing editor Bill Esdaile previews [...]
The Punter Summary Podcast 17 June June 16, 2023 Here’s your chance to hear all of City AM racing editor Bill Esdaile’s best weekend tips in a short summary episode of ‘The Punter Podcast’ alongside Chris Barnett. The full weekend preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section for over a [...]