City A.M. Unregulated podcast: Got fomo? Juggling a job and running a business October 12, 2016 Running a business is hard enough, without juggling a full-time job as well. This week the team is joined by Patrick McGinnis, the man who invented "fomo" (that's fear of missing out), and Terri Sjodin, author of "Scrappy: A Little Book About Choosing to Play Big". They discuss how be an entrepreneur at the same [...]
FTSE 100 dips again as sterling recovers some strength October 12, 2016 What a difference a day makes. Having hit a record high yesterday, the FTSE 100 started this morning in negative territory. The index fell 0.5 per cent to 7,032 points in early trading, having reached the heady heights of 7,127 yesterday – above the record high of 7,122 points it set in April 2015 (although it later closed slightly lower). It [...]
Sterling hammered as pound drops toward $1.21 October 11, 2016 Sterling continued its dramatic decline last night, crashing through key levels against both the dollar and the euro during a punishing session. The pound lost two cents against the dollar in a matter of four hours yesterday evening, falling to a low of $1.209 after US markets opened. Sterling also plunged through the €1.10 mark [...]
FTSE 100 fails to hold on to new record high October 11, 2016 The FTSE 100 hit a new record high today, before a bumper round of profit-taking sent the index of leading stocks down for the day. The UK's bluechip index hit a high of 7,129 points in lunchtime trading, beating the previous intraday high set in April 2015 of 7,022 points. The gains came as the pound suffered another topsy-turvy [...]
VIDEO: Burst water main leaves Muswell Hill Road under eight inches of water October 10, 2016 Cars and gardens in Muswell Hill were left under eight inches of water after a water main burst. A spokesman for the London Fire Brigade said fire fighters had been called just after 2.30pm, and that the flood had seeped into eight basement properties. "We're pumping water away using sandbags to prevent the water from going further [...]
After the Brexit vote, Open Europe has a new mission – and a new chairman October 10, 2016 Open Europe, the think tank which before the Brexit vote was aimed at coming up with solutions to the European Union's most pressing challenges, has unveiled a new mission statement – and a new chairman. Today it said with formal Brexit talks due to start next year, it will begin to publish analysis on how to [...]
Here we go again: Sterling drops against the dollar October 10, 2016 A bad start to the week for currency traders, as the pound dropped against the dollar and the euro, adding to drastic losses at the end of last week. Sterling was up-and-down in morning trading, before an afternoon sell-off gripped the currency, taking it down 0.5 per cent against the greenback to $1.2371. Against the [...]
Now Nigel Farage has compared Donald Trump’s performance in last night’s Presidential debate to a “silverback gorilla” October 10, 2016 Nigel Farage has compared Donald Trump's performance in last night's controversial Presidential debate to a "silverback gorilla". Speaking to Sky News, temporary Ukip leader Farage said Trump "dominated" Hillary Clinton in the debate, saying he was like a "big silverback gorilla in the studio". "He took control, he dominated Hillary Clinton. She was very much on [...]
Sterling barely shrugs against the dollar as US job openings disappoint in September October 7, 2016 The number of new job openings in the US edged up to 156,000 in September, figures published today showed. That's up from 151,000 in August, but lower than the 175,000 expected, suggesting the economy is holding up, despite jitters over the outcome of November's Presidential election. Meanwhile, the jobless rate rose to five per cent, up [...]
