City A.M. awards: Full list of winners revealed November 11, 2016 The City A.M. Awards for 2016, held at the glitzy Grange hotel opposite St Paul’s Cathedral, saw 14 individuals or businesses collect gongs in front of a star-studded audience of around 500 City figures. Our congratulations go to all the winners who stood out during 2016 for their exceptional work. The event, however, is not [...]
No insulation for this: Sig shares have plummeted after it warned on profits and its chief executive quit November 11, 2016 Shares in building materials company Sig plunged more than 20 per cent this morning, after it issued a profit warning and its chief executive suddenly stepped down. In a trading update this morning, the company said it expected pre-tax profit to fall between £75m and £80m in the full year – down from £87.4m it [...]
The special relationship’s back on: Donald Trump has invited Theresa May to visit him as soon as possible November 10, 2016 It looks like the special relationship is about to get back on track, after Donald Trump invited Theresa May to visit him "as soon as possible". Downing Street sources said May had a phone call with Trump this afternoon, in which she congratulated him on his "hard-fought" campaign. According to a statement, the pair agreed [...]
Trump card: The Dow Jones has hit an all time high after Donald Trump’s win November 10, 2016 If there's one thing markets like, it's certainty. It may have been suggested a Donald Trump victory could lead to recession, then eventual doom for all of humanity – but now the markets have an idea of what they're in for, they're actually pretty cheerful. In fact, the Dow Jones hit an all-time high after [...]
Rental prices in London have fallen – except in these postcodes November 10, 2016 London rental price growth slowed down in the third quarter, new research has suggested – unless you live in the likes of St Paul's and Clapham, where things are getting a whole lot more expensive…. Research by SpareRoom found London's rental growth rose two per cent in the third quarter, compared with seven per cent last [...]
City A.M. Unregulated podcast: Baroness Michelle Mone on mentoring, making money and her new venture November 10, 2016 This week the team is joined by the lingerie tycoon Baroness Michelle Mone, as she shares the story of her meteoric rise from Glasgow's East End to the House of Lords. After selling off 80 per cent of her Ultimo lingerie brand and rumours of retirement, Michelle shows no signs of slowing down, throwing herself into [...]
Watch this year’s full John Lewis Christmas advert, featuring Vaults and Buster the Boxer November 10, 2016 Advent calendars may have been out since Easter and shops may have been putting baubles on display since September – but you know it's really Christmas when the John Lewis Christmas advert arrives. This year's offering takes a funny, rather than schmaltzy, approach (cf. last year's sugary sweet Man on the Moon ad) – featuring a [...]
Nigel Farage on Donald Trump’s victory in the US Presidential election: “The establishment is in deep shock” November 9, 2016 Nigel Farage has warned that "the establishment is in deep shock" after Donald Trump's victory in the US Presidential election. In a statement today following a night of silence from Farage – save for one tweet, in which he promised to "hand over my mantle" to Trump, and a short interview – Farage said we were witnessing "the [...]
Donald Trump’s Presidential election victory could be good for London house prices November 9, 2016 Donald Trump may be about to take the White House, but here in Blighty we're more concerned about one thing: house prices. Thankfully, analyst Anthony Codling has already answered the question everyone was asking: what does a Trump win mean for London house prices? In the short term, he suggests, the London market may get a [...]
“Time for America to bind the wounds of division”: Watch Donald Trump’s victory speech in full November 9, 2016 Donald Trump gave an unusually statesmanlike victory speech today, congratulating his opponent and promising to unite his country. "It’s time for America to bind the wounds of division. We have to get together," he said. "For those who have chosen not to support me in the past, of which there were a few people, I’m [...]
