The Debate: Would citizens’ assemblies improve our democracy? February 21, 2024 City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. This week: Should the UK introduce citizens’ assemblies? Yes: In Ireland, citizens’ assemblies helped identify a new consensus point for abortion rights The 24-hour-long ‘moment’ we just experienced around citizens’ assemblies has been [...]
FTSE 100: What’s moving markets today? February 21, 2024 Asian shares follow Wall Street's decline, HSBC's full-year profit soars by 78%, Walmart hits a record high; investors await the Fed minutes and tech darling Nvidia’s earnings report for market direction.
Walmart shares hit all-time high on solid holiday quarter sales February 21, 2024 Walmart shares closed at a record high and led the Dow Industrials after forecasting fiscal 2025 sales above Wall Street expectations and raising its annual dividend by 9%.
Why one of football’s leading execs thinks Saudi’s success is “remarkable” February 21, 2024 Inside Saudi interviews football grandee and Inter Milan chief executive Beppe Marotta, in Riyadh for the Italian Supercoppa
Bakerloo Line to Lewisham? Campaigners call for another south London tube line February 21, 2024 The Bakerloo Line could suffer a "critical failure" if the government does not provide funding for a planned upgrade and extension
Londoners far less likely to access IVF on the NHS, research finds February 20, 2024 Fertility patients in London are significantly less likely to have IVF procedures funded by the NHS, compared to the rest of the UK.
Currys’ largest shareholder warns Elliott offer ‘highlights London equity market drain to US’ February 20, 2024 The head of Currys' largest shareholder Redwheel, a hedge fund formerly known as RWC said Elliott Advisors' proposed takeover offer of the retailer has “highlighted a wider problem with the UK equity market.”
Barclays embarks on biggest shake-up since financial crisis after difficult decade February 20, 2024 Barclays has sought to draw a line under a difficult decade with a marathon investor presentation laying out a three-year plan to restructure the bank.
‘Reinventing active management’: Why stock picking as we know it might be outdated February 20, 2024 Looking to “reinvent active management,” Mark Ellis, manager of the Nutshell Growth fund, has pushed back on the traditional way that fundpicking has been done. Following an intricate model that uses over 30 variables, the manager aims to provide a “hedge fund methodology” that retail investors can actually access. Ellis cited his perspective as a [...]
Heathrow: Abu Dhabi sovereign wealth fund reportedly in talks for stake alongside Saudi and Qatar February 20, 2024 The Abu Dhabi sovereign wealth fund is mulling an investment in London’s Heathrow Airport, it is being reported. The West London Hub could get new investors according a report in Bloomberg this afternoon, in a move that would bring the UAE together with Saudi and Qatari cash. The publication says the deal would include the [...]