Pele dead aged 82 December 29, 2022 Brazil great Pele has died at the age of 82. The three-time World Cup winner had been in hospital in Sao Paulo since late November. Pele’s daughter Kely Nascimento wrote on Instagram: “We are thanks to you. We love you infinitely. Rest in peace.” Nascimento, who had posted before Christmas that members of Pele’s family [...]
BA aircraft returned to Heathrow after emergency technical issue December 29, 2022 A British Airways flight was forced to do a U-turn and come back to Heathrow due to technical problems this evening. Britain’s biggest airport told City A.M. that BA348 from London to Nice landed back at Heathrow just 40-minutes after take-off, and was put on stand-by. It added that emergency services were attending on scene [...]
Prime: Aldi limits sale of KSI-Logan Paul energy drink after store carnage goes viral December 29, 2022 Discount store Aldi has been forced to limit sales of a new energy drink made by KSI and Logan Paul after customers were shown clamouring to buy the item. A video shared on Twitter by a user called Mark Hall showed raucous Aldi shoppers grabbing the drink today, with staff members attempting to only allow [...]
Oil giant BP completes £2.7bn purchase of US renewable energy firm Archaea December 28, 2022 Oil giant BP has completed the purchase of renewable natural gas (RNG) provider Archaea Energy for almost £3bn. The purchase of the Texas-based firm will help to expand its presence in the US biogas industry, accelerating its bid to decarbintion. It has been agreed for $3.3 billion (£2.7bn) in cash, as well as around $800 [...]
Under the pump: Priti Patel among 29 MPs to back call for fuel pricing watchdog December 28, 2022 Priti Patel has joined almost 30 other colleagues in calling for a pump pricing watchdog to tackle the soaring fuel costs for motorists. The former home secretary signed a letter backing FairFuelUK’s call for an oversight body and commissioner to keep prices down, which is also supported by Dame Andrea Leadsom. This comes as motoring [...]
Not ‘appropriate’ for UK to publish details of post-Brexit Israel trade deal impact December 28, 2022 The government has said it is not “appropriate” to publish full details of a post-Brexit trade deal with Israel. Details of the agreement which boosts £5bn trade between the countries won’t be made public, the department for international trade (DIT) confirmed today. The deal has a strong focus on boosting UK services exports to the [...]
The year in City A.M. front pages December 28, 2022 As 2022 comes to a close, we look back on how the turbulent last 12 months were reported on from our very own newsroom. It would be fair to say the last year has been a tumultuous one. It started with the ending of pandemic restrictions and the onset of a cost of living crisis. [...]
Govt announces £1.4bn levelling-up devolution deal for north east including new mayor December 28, 2022 The North East of England could become the latest region to have a directly elected mayor, as the Government announced a new £1.4 billion devolution deal for the region. Hailed as a “significant step” by local politicians, Levelling Up Secretary Michael Gove said a new devolution deal would bring fresh powers over skills, transport and [...]
Travel disruption continues TODAY as commuters return to work despite strikes December 28, 2022 Travel disruption is expected across railways again on Wednesday, with many commuters returning to work following the Christmas break, as industrial action by rail workers continues. Members of the Transport Salaried Staffs’ Association (TSSA) at Great Western Railway will walk out from noon to 11.59am on Thursday, and at West Midlands Trains for 24 hours [...]
Driving examiners launch five-day strike December 28, 2022 Driving examiners will launch a five-day strike on Wednesday as part of escalating industrial action by civil servants in a dispute over pay, jobs and pensions. Members of the Public and Commercial Services union (PCS) in 71 test centres in eastern England and the Midlands will walk out. They are employed by the Driver and [...]
