Virgin Galactic distances itself from chairman after controversial Uyghur comments January 18, 2022 Virgin Galactic has distanced itself from comments made by its chairman yesterday, urging that his views do not reflect that of the company’s. Chairman Chamath Palihapitiya told the All-In Podcast audience that “nobody cares about what’s happening to the Uyghur Muslims.” Venture capitalist Palihapitiya, amidst a discussion of human rights, said “of all the things [...]
City of London launches grant scheme for Omicron-hit Square Mile businesses January 18, 2022 Retailers and hospitality businesses that have been hit by a collapse in footfall due to work from home guidance will be able to apply for a grant from the City of London Corporation, it was confirmed last night. The Corporation, the Square Mile’s governing body, has put in the majority of the money behind the [...]
The City View: January 17: Credit Suisse and the BBC January 17, 2022 In this episode, Andy Silvester discusses the latest scandal at Credit Suisse, proposed changes at the BBC and a week’s worth of inflation data.
The City View: January 10: Wall Street rocked January 10, 2022 Andy Silvester talks through the headlines from another busy day in the City of London, and talks to City A.M.’s Jack Barnett about Wall Street’s fright at a new note from Goldman Sachs.
Macron’s ‘piss off’ plan set to continue in 2022 January 9, 2022 French authorities yesterday indicated they would continue with a strategy of irritating the unjabbed, rather than enforcing a mandatory Covid-19 vaccination order as is the case elsewhere in Europe. Last week President Emmanuel Macron said he would “emmerder” those who had yet to be vaccinated –which, roughly translated, means “piss off.” A controversial ‘Pass Sanitaire’ [...]
Small businesses fear rising prices will slow the recovery January 9, 2022 Almost half of Britain’s small businesses say the increased cost of doing business is a concern for them in the new year. And across the wider economy, inflation is seen as a threat by around three-quarters. Inflation is heading north already and is expected to peak at around six to seven per cent in April [...]
The City View on January 6: Equities in 2022 January 6, 2022 In this episode, City A.M. editor Andy Silvester is joined by Patrick Spencer, Vice Chairman of Equities at Baird, and by City A.M.’s Lily Russell-Jones to look at the crypto market in 2022. Andy also whistles through the headlines, with trading updates from Next and Greggs headlining the City’s day.
The City View: Back for 2022… January 5, 2022 Andy Silvester is joined by City A.M.’s economics correspondent Jack Barnett to talk through the economy’s prospects in 2022 – and the impact of everything from inflation to a lingering supply chain crisis. Andy is also joined by Armadillo CEO Manny Cohen. Armadillo is now one of the world’s leaders in the growing world of [...]
Think-tank: Further restrictions will put more people into poverty December 26, 2021 A think-tank boss has warned that further restrictions would put hundreds of thousands of people at risk of long-term poverty. Dame Philippa Stroud, a former highly-respected Tory adviser and now chief of the Legatum Institute, wrote today in the Sunday Telegraph that some 900,000 people slipped into poverty during previous lockdowns and that that number [...]
Former Treasury wonk slams Covid-19 restrictions methodology December 26, 2021 A former Treasury statistician has said that “sleight of hand” may have been used in internal government documents as part of efforts to strengthen Covid-19 restrictions. An internal document claimed that the lag between catching the new Omicron virus and it potentially leading to hospitalisation was 17 days, reported the Sunday Telegraph this morning. Such [...]
