Rich list: Richard Branson and Rishi Sunak see fortunes shrink – but who are the wealthiest Brits now? May 19, 2023 The billionaire Hinduja family have topped the Sunday Times Rich List for the second year in a row as their fortune jumped by more than £6 billion. Gopi Hinduja and his family, which is behind the Indian conglomerate Hinduja Group, were named as Britain’s richest just days after Mr Hinduja’s brother Sri died. For the [...]
Morning in the City: Live news and updates on Nationwide, Lloyds Bank and the rich list May 19, 2023 Good morning and welcome to the City A.M. Live blog on Friday 19 May. We bring you update from Nationwide Building Society, Lloyds Bank’s new report saying Britain is powering away from a dreaded recession, and GFK consumer figures.
Britain firmly on path away from recession as hiring and growth ramp up May 19, 2023 Britain seems almost certain to dodge a recession this year as two new surveys out today reveal businesses are hiring at the strongest pace in half a year and families are upbeat about their finances. Numbers from Lloyds Bank show nearly every sector of the UK economy stepped up headcount last month. Hiring was led [...]
Sunak’s semiconductor plans will leave UK ‘very vulnerable’, warn tech bosses May 19, 2023 Tech bosses have hit out at the government’s landmark £1bn semiconductor strategy, blasting it as “a drop in the ocean” which leaves the UK “very vulnerable”. Founders warned the government’s proposals for investment over the next decade to boost the UK’s domestic silicon chip and compound semiconductor production were “disappointing”, with the announced £1bn funding [...]
Without new water infrastructure, the UK risks running dry May 19, 2023 If we want to be a water-resilient country, we need new infrastructure. But a complex planning system means building it is proving harder than it should be, writes Daniel Freiman
Have the culture war Conservatives killed off Cameron-style Tories? May 19, 2023 Is the nasty party back?
Blocking the Microsoft and Activision deal leaves gamers – and the UK – out in the cold May 19, 2023 On Monday, EU regulators approved Microsoft’s $68.7 billion acquisition of Activision Blizzard, leaving the UK and US alone in their choice to stall the deal.
EP: 201 Newbury, Newmarket & Hong Kong May 18, 2023 The Group 1 Lockinge Stakes is the feature race at Newbury on Saturday, supported by the Group 3 Aston Parks Stakes and the London Gold Cup Handicap, whilst Newmarket host a handful of handicaps at flat racing HQ on the same afternoon. City AM Racing editor Bill Esdaile previews the best of the weekend’s racing [...]
The Punter Summary Podcast 20 May May 18, 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 [...]
London crowned best city brand in the world May 18, 2023 London has been crowned the best city brand in the world, according to a new international league table. London topped the leader board of Brand Finance’s new City Index, which was based on a survey of 15,000 people in 20 countries. With a score of 84.6 out of 100, London recorded a stronger brand perception [...]
