By: Helen Cahill

I report on retail and property for City A.M. I have covered the investigation into BHS and London's housing crisis. You can email me on helen.cahill@cityam.com with tips or commentary.

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Lloyds Bank faces legal action over equal pensions for men and women

August 8, 2016

A trade union at Lloyds Bank is undertaking legal action to address the pension pay gap between men and women. The case could set a precedent for other companies, potentially costing them over £13bn, the FT has reported. Read more: Lloyds Banking Group to cull a further 3,000 jobs Lloyds Trade Union has described the gap [...]
Japan’s emperor hints at intention to abdicate

August 8, 2016

Japan's Emperor Akihito has dropped further hints that he may abdicate due to the deterioration of his health. In a televised speech to the public – the second he has ever undertaken – the 82-year-old emperor indicated he wants to pass over his duties, although he did not explicitly say he wishes to abdicate. Emperor Akihito said: [...]
Russian athletes to be barred from Rio 2016 Paralympics

August 6, 2016

Russian athletes are to be banned from taking part in the Paralympic Games in Rio later this month. The International Paralympic Committee (IPC) has suspended Russian athletes provisionally in response to the report from Professor Richard McLaren that uncovered the extent of doping in Russia, according to the Observer. Read more: The most marketable athletes at the 2016 Olympic and [...]
MPs to leave Parliament for six years while it gets a face-lift

August 6, 2016

MPs are set to clear out of Parliament while it gets refurbished over a six-year period. According the The Times, politicians will be leaving their historic headquarters and moving into the Department of Health at Richmond House, where MPs will not be able to buy booze. The building is owned by financiers from the Middle East [...]
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August 6, 2016

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BBC to send vans to flush out illegal iPlayer users

August 6, 2016

The BBC is planning to catch out people illegally using its iPlayer service by sending out vans equipped with WiFi detection devices, the Telegraph reported today. From the 1 September people watching the BBC using its iPlayer catch-up site will need to have a TV licence. The BBC's vans will be looking to find those who are dodging the £145.50 [...]
Donald Trump finally backs US house speaker Paul Ryan

August 6, 2016

Donald Trump has ended his political stand-off with Paul Ryan, endorsing the US House speaker in a speech on Friday. The Republican presidential nominee had previously said he would not back Ryan's bid to become re-elected as House Speaker, but reversed his position at a rally in Green Bay, Wisconsin, saying: "We may disagree on a [...]
Rio Games kicks off with stunning ceremony

August 6, 2016

Rio 2016 opened with a bang last night as fireworks flew from the Maracana stadium in a ceremony that featured supermodel Gisele Bündchen, former marathon runner Vanderlei de Lima, and Andy Murray leading Britain's athletes into the arena. Brazil shrugged off criticism that it wasn't ready for the games after months of concern about political protests, the Russian [...]
Frank Field has met with the director of the Serious Fraud Office to talk about BHS

August 5, 2016

Frank Field, chair of the Work and Pensions Committee, has met with the director of the Serious Fraud Office to discuss the ongoing investigation into BHS and Sir Philip Green. Field said the discussion with the SFO's director David Green came about because of concerns surrounding assurances made about Retail Acquisitions (RAL), the company majority-owned by [...]
Good, bad, ugly? Nobody can agree on what the recent house price data means

August 5, 2016

Halifax said this morning that house prices fell between June and July and that annual and quarterly rates of house price growth are slowing. City A.M. has heard talk of buyers wanting 10 per cent off the price of properties because of the Brexit vote, and earlier this week, Knight Frank said prices for high-end houses in [...]

City trading ‘higher than thought’, FCA believes

Will Formula 1 need to refund sponsors for cancelled Middle East races?

Is the Maybach GLS the most excessive SUV?

By: Helen Cahill

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