Who’s winning the City’s talent war? The firms that paid the most in 2022 December 24, 2022 Where to find the best paid job? As strikes over pay have brought the country to a halt, it is notable that workers in one sector in particular have seen their pay packets bulge in 2022. Aside from criminal barristers, who carried out a month’s long strike this summer, those working in private sector legal [...]
Rishi Sunak hires Spectator journo James Forsyth as key political aide December 24, 2022 Rishi Sunak has hired James Forsyth, the Spectator’s political editor and a Times columnist, as his new political secretary. The news was broken by The Times and the Spectator. Forsyth will bolster Sunak’s key Downing Street team as the Prime Minister seeks to overcome a double-digit deficit in most election polls. He is a long-standing [...]
Heathrow strikes: Airport says departures and arrivals still operating ‘smoothly’ December 24, 2022 BORDER FORCE strikes at Heathrow appear so far to be having little impact on the airport’s arrivals and departures. A spokesperson for the airport told City A.M. this morning that despite a walkout by staff, “operations continue to run smoothly and the airport is operating as normal. The Immigration halls are free flowing with Border [...]
Sign of the times: Bank branches shut doors in their thousands December 24, 2022 More than 5,000 bank and building society branches have closed over the past seven years, according to analysis from Which? The consumer group counted 5,162 bank and building society branches which have closed since January 2015. A further 206 branches are set to close by the end of 2023, according to the Which? findings, as [...]
The Christmas Day Quiz: City A.M. tests out your grey matter December 24, 2022 It’s the Christmas Quiz you’ve been waiting for! Each year City A.M. publishes Deloitte’s economics team’s festive brainteasers, produced as part of their regular Monday briefing. Grab a pen – the answers are at the bottom, and come packed with plenty of extra details… 1. The nineteenth century Scottish historian and philosopher Thomas Carlyle dubbed [...]
Santa Tracker: How to follow Father Christmas around the globe today December 24, 2022 Father Christmas may be hard to spot coming down the chimney but he’s easier to keep an eye on these days thanks to a US government agency’s Santa Tracker. Each year, NORAD – the North American Aerospace Defence Command – publishes live real time data tracking the world’s most famed gift giver across the planet. [...]
London braced for transport chaos as Christmas Eve train strike begins December 24, 2022 Strike action could bring chaos to millions of people on Christmas Eve, as walkouts hit rail services and Border Force action enters a second day. With one day to go until Christmas, travellers were being issued with warnings of delays, congestion and disruption. Fears of disorder at UK airports and long queues at passport control [...]
Rishi Sunak to Keir Starmer: Five bold predictions for British politics in 2023 December 24, 2022 If a week is a long time in politics, as Harold Wilson once said, then what on earth was 2022? Rishi Sunak started the year as Chancellor, spent a strange summer on the backbenches, and returned to Downing Street with the top job by Christmas. In an exhausting and traumatic 12 months the UK witnessed [...]
US-China tension: Taiwan spending angers Beijing power brokers December 24, 2022 Beijing has condemned an annual US defence spending bill for hyping up the “China threat”, but Taiwan welcomed the legislation, saying it demonstrated US support for the self-governing island that China says must come under its rule. “China deplores and firmly opposes this US move,” the Foreign Ministry said in a statement posted online on [...]
Pubs closing down: Crisis for industry as more than one a day shuts doors December 24, 2022 More than 32 pubs disappeared from communities in England and Wales each month in 2022 as rocketing energy bills and staffing pressures forced businesses to shut for the final time. New analysis of official government data by real estate adviser Altus group found the overall number of pubs slid by 386 during the year. The [...]
