Nicola Sturgeon quits as Scotland’s First Minister but insists resignation is ‘not a reaction to short-term pressures’ February 15, 2023 Nicola Sturgeon has resigned from her role as first minister of Scotland following a series of political setbacks. Speaking in Edinburgh this morning, Sturgeon said serving as first minister had been a “privilege beyond measure” as she announced her resignation. She confirmed she would stay in office until a replacement had been chosen and indicated [...]
Are house prices really going up? London had lowest change across UK with average in capital now £543,000 February 15, 2023 The average UK house price ended last year £26,000 higher than when 2022 started, although the annual pace of growth in property values is slowing. Property values increased by 9.8 per cent in the 12 months to December 2022, which was weaker than the 10.6 per cent annual growth recorded the previous month. London’s average [...]
City A.M. Awards 2023: Investor of the Year February 15, 2023 Never have markets been more difficult to predict – but even in a tough environment there are gains to be had. It’s those investors that still raise the eyebrows of City professionals in admiration. Elliott Advisors The attentions of Elliott, the $60bn multi-strategy investment fund, are not always courted by corporates but the firm’s track [...]
Crypto traders shrug at latest inflation data February 15, 2023 The price of Bitcoin sits around $22,260 this morning, up by 2% over the last 24 hours while Ethereum is up 3% at $1,556.
City A.M. Awards 2023: Environmental, Social, and Governance Award February 15, 2023 In partnership with ‘ESG’ has never been more in focus than it has been over the past year, with the City going green at pace. But it’s not just about saying the right things, but doing them – and using innovative new products to finance them, too. From big to small, businesses are on the [...]
Explainer: Nicola Sturgeon’s resignation February 15, 2023 Nicola Sturgeon’s surprise resignation and where it leaves the UK electoral map.
City A.M. Awards 2023: Analyst of the Year February 15, 2023 City watchers are more valuable than ever, and these analysts have consistently got the big calls right. We recognise those who put the hard yards in to know their businesses and sectors – and who are willing to go out on a limb. Craig Lowrey bio Dr. Craig Lowrey is a Principal Consultant at energy [...]
City A.M. Awards 2023: Innovative Company of the Year February 15, 2023 The City has always thrived on the back of innovation and these firms have it in their DNA. We honour the big ideas and fast-moving firms who are helping to define the future of the Square Mile. CURRENCYCLOUD Making it easier to transfer money abroad is a common theme in the fintech world but it [...]
City A.M. Awards 2023: Accountancy Firm of the Year February 15, 2023 Auditors and accountants have spent plenty of time in the spotlight in recent years, but some firms are leading the way in putting audit and accountancy’s reputation back on the right track – and some are choosing innovative ways to respond to today’s challenges. BEGBIES TRAYNOR The country’s leader in “business rescue and recovery” has, [...]
Richard Branson’s failed Virgin Orbit satellite launch was caused by dislodged fuel filter February 15, 2023 A dislodged fuel filter caused last month’s failure of the first attempt to launch satellites into orbit from the UK, Virgin Orbit has said. This caused an engine to overheat, leading to the malfunction of components and the premature shutdown of the LauncherOne rocket’s thrust, according to the company founded by billionaire Sir Richard Branson. [...]
