Twitter, Elon Musk – and what’s next for the bird-owning billionaire December 24, 2022 Elon Musk started the year as just a prominent Twitter user, but he ends it as its beleaguered owner set to step down as chief executive after a chaotic two months in charge. The Tesla and SpaceX owner launched his dramatic takeover bid in April after buying up enough shares to become the site’s biggest [...]
From Heathrow’s row to SAF: Here are the top five things to watch out for in aviation next year December 24, 2022 To say that the UK aviation industry has had an eventful 2022 would be an understatement. This time last year, airlines and airports were on their knees as the Omicron variant emerged from South Africa at the end of November and in a matter of weeks reached Britain, bringing with it a truckload of new [...]
2022: The year the UK economy soured December 23, 2022 Let’s not forget that inflation was already a problem heading into 2022. The final inflation reading of 2021 was for November and came in at 5.1 per cent, nearly three times higher than the Bank of England’s two per cent target and the highest level since September 2011, according to the Office for National Statistics [...]
Currys, Asos and Sainsbury’s top retail stocks this Christmas December 23, 2022 For investors looking to give their portfolios a seasonal shake-up, CityA.M. takes a look at analysts’ selections of the retail stocks to keep a close eye on in the coming weeks. Analysts at Hargreaves Lansdown chose Currys, Asos and Sainsbury’s as the three retail stocks to watch this Christmas. It comes as retailers have been [...]
EP: 175 Kempton, Wetherby & Hong Kong December 23, 2022 It’s always a very busy period for horseracing over Christmas weekend and this year is no different. Expect to see some equine superstars on display again this year. The King George at Kempton is one of the feature races on Boxing Day, alongside the likes of the transferred Long Walk Hurdle with the Rowland Meyrick [...]
December 26th – Punter Podcast Summary December 23, 2022 You can now hear all of City AM racing editor Bill Esdaile’s weekend tips in a short, summary episode of the Punter Podcast alongside Chris Barnett. The full weekend preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section for over a decade with [...]
More chaos ahead as Elizabeth line workers to walk out on 12 January December 23, 2022 Londoners should brace for more chaos in the new year as Elizabeth line workers will walk out on 12 January. It comes as members of the unions RMT and Aslef at 15 train operators will down tools throughout the first week of January, bringing the railway network to a grinding halt. Members of the TSSA [...]
Five tech funding rounds that bucked the gloom this year December 23, 2022 At first glance, you’d be forgiven for thinking it had been another fairly rosy year for tech firms raising cash in the Capital. London’s start-ups bagged £16bn throughout the year; the capital now boasts more high growth firms and ‘unicorns’ than many European countries; and the UK’s tech industry on the whole sailed past a [...]
Two people killed in central Paris shooting December 23, 2022 Two people have been killed and four hurt in a Paris shooting, authorities in France said. Two of the four people who were injured are in a critical condition, officials said. A 69-year-old has been arrested, with officials working to confirm their identity. The motive for the shooting was not immediately clear. Anti-terrorism prosecutors are [...]
Airlines to spend £58m extra in fuel as Border Force strike hits UK December 23, 2022 Airlines are likely to spend an additional £57.9m in fuel due to the ongoing Border Force strikes, according to City A.M. calculations. Members of the union PCS working at several UK airports, including Heathrow and Gatwick, are walking out from today to Boxing Day as well as between 28 and 31 December over salaries. Industry [...]
