The City A.M. Punter Podcast EP:24 Ascot, Wetherby & Hong Kong October 30, 2020 Today trainer Kim Bailey joins us to talk about his exciting Vinndication who runs at Wetherby on Saturday in the Grade 2 Charlie Hall Chase over 3 miles. Racing editor Bill Esdaile looks at the best of the weekend action at Ascot & Wetherby and Wally Pyrah talks us through some of the Hong Kong [...]
Eurozone economy posts record growth but Covid set to knock recovery October 30, 2020 The Eurozone economy handily beat expectations in the third quarter of the year with record growth, although surging coronavirus cases and new lockdowns now look set to knock the recovery off course. Eurozone GDP grew 12.7 per cent in the third quarter, having slumped 11.8 per cent in the April to June period, the EU’s [...]
Bother: The startup looking to disrupt the grocery market October 30, 2020 The days of empty shelves and loo roll shortages seem a distant lockdown memory, but one London-based startup thinks it speaks to a wider problem within the UK’s grocery market. Startup Bother is on a mission to disrupt the saturated grocery market by offering what it considers to be a convenient and cheaper online alternative. [...]
Watchdog slams Grant Thornton over ‘unacceptable’ public sector audits October 30, 2020 The accounting watchdog has criticised Grant Thornton over its ‘unacceptable” record on public sector audits, after five out of six of the firm’s local audits were found to fall below the expected standard. The Financial Reporting Council (FRC) singled out Grant Thornton and Mazars for criticism following a review of 15 major audits of health [...]
Screenshot: Will Tim Davie win the generation game? October 30, 2020 A weekly column from City A.M. bringing you all the biggest stories and trends in technology, media and telecoms This week: ** Media Moment of the Week: A sorry soy saga ** Tim Davie and the BBC’s tug of war ** The tech titans’ tumultuous year Media Moment of the Week This week it’s another [...]
What’s in store for the airline industry this winter? October 30, 2020 Although every industry has suffered due to the coronavirus pandemic, few have been as hard hit as the world’s airlines. At the beginning of the year, the idea of a world without global air travel was for most people a relic of a long-forgotten past, but seven months of extreme turbulence have flipped that notion [...]
Connecting DeFi with real world assets: the next horizon October 30, 2020 Decentralised Finance (DeFi) is a term used to refer to innovations in capital markets that rely on blockchains, and enable capital market activities across an open network, where trust is automated in the software. Instead of using conventional financial rails such as banks or credit transfer APIs, DeFi based projects work entirely on blockchains without [...]
Natwest returns to profit as virus loan charges fall October 30, 2020 Natwest returned to profit during the third quarter, reporting forecast-beating earnings after setting aside a smaller-than-expected sum to deal with bad loans due to the coronavirus pandemic. Natwest posted an operating profit before tax of £355m for the three months to September on an income of £1.9bn. The figure beat the bank-compiled analyst estimates of [...]
British Airways owner IAG calls for airport testing as losses widen October 30, 2020 British Airways owner International Airlines Group (IAG) fell to a €5.56bn loss in the first nine months of the year as it warned passenger demand could take three-years to recover to pre-pandemic levels. The company this morning announced it had plunged to a loss after tax and exceptional items of more than €5bn this year [...]
The City A.M. Punter Podcast EP:23 Cheltenham, Doncaster & Newbury October 30, 2020 The jumps season is back and trainer Harry Whittington has a few runners on Saturday and Sunday at Cheltenham & Aintree. He joins us to discuss their chances, whilst Eve Johnson-Haughton talks about her 2 year old runners at Doncaster & Newbury this weekend. Racing Editor Bill Esdaile previews the best of the weekend action [...]
