February 18th – Punter Podcast Summary February 17, 2023 You can now hear all of City AM racing editor Bill Esdaile’s 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 decade with [...]
Fresh back from El Salvador with a sense that Bitcoin’s star is rising February 17, 2023 A renewed sense of crypto optimism was waiting on Jason Deane's return from the Bitcoin Racing team's trip to Bitcoin-embracing El Salvador.
End of cash… and cards? Barclays says record 91 per cent of transactions were contactless last year February 17, 2023 Just over nine in 10 (91.2 per cent ) card transactions made last year where paying by contactless would have been an option did use this technology, according to data from Barclays. The bank said this is the highest proportion it has seen, with 85.6 per cent of eligible card transactions being contactless in 2021. [...]
EDF UK rakes in £1.1bn profits powered by record electricity prices February 17, 2023 EDF UK has raked in hefty profits, with soaring electricity prices powering its rebound from last year's losses.
Ulez expansion: Five Tory councils launch legal challenge against Sadiq Khan’s plan February 17, 2023 Five Conservative-led councils said they have started a legal challenge over Sadiq Khan’s decision to expand London’s ultra low emission zone (Ulez). The outer London boroughs of Bexley, Bromley, Harrow and Hillingdon, together with Surrey County Council, issued a joint statement announcing they have launched a judicial review into the Labour mayor’s plan. A spokesman [...]
Brexit: Sunak holding urgent talks with Northern Ireland’s leaders amid speculation protocol deal is close February 17, 2023 Prime Minister Rishi Sunak is holding talks with Stormont leaders as speculation mounts that a deal on the Northern Ireland Protocol could be close. Sunak and Northern Ireland Secretary Chris Heaton-Harris are meeting the politicians near Belfast to discuss the contentious post-Brexit trading arrangements. Following his visit to Northern Ireland, Sunak is set to join [...]
FTSE 100 live: London’s blue chip index falls as NatWest and Lloyds share prices slump February 17, 2023 London’s FTSE 100 dropped lower on Friday as a share price slump from NatWest and high street rival Lloyds weighed on the index. The capital’s premier index jumped 0.53 per cent to 7,972.29 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.76 per [...]
Home REIT was warned of ‘slum conditions’ in October in row between tenants and property vendor February 17, 2023 Home REIT was warned of “slum conditions” in its property portfolio as early as October but failed to publicly acknowledge the scale of the issues until yesterday, City A.M. can reveal.
Savers warned of approaching state pension National Insurance ‘top-up’ deadline February 17, 2023 Those with missing years in their state pension contribution record between 2006 and 2017 have until April 5 to make voluntary contributions, an investment platform has warned From 6 April the number of extra years available to purchase drops to the last six tax years Alice Haine, personal finance Analyst at Bestinvest, a DIY investment platform [...]
Churchill’s grandson and Serco chief named new chair of Smith & Nephew February 17, 2023 The grandson of Sir Winston Churchill and chief executive of Serco has been unveiled as the new chair of 167-year-old medical tech firm Smith & Nephew. Rupert Soames will assume the position at the London-listed company following the retirement of Roberto Quarta, the firm announced. He will take the reins in late September, after joining [...]
