Easter getaway: 17m car journeys, rail disruption, London Euston shut, strikes and queues – here’s all you need to know April 4, 2023 As millions of Brits look to make a short getaway for the Easter holiday, many will find out what it’s like to be sitting in queues or waiting for delayed trains. While rail union RMT called off strikes that had been planned for 30 March and 1 April after receiving a fresh offer from the [...]
Capita suffers cyberattack but finds ‘no evidence’ of client data being compromised April 3, 2023 Outsourcing giant Capita confirmed today that a cyberattack was to blame for a major IT outage on Friday. Capita said the IT failure primarily affected “access to internal Microsoft Office 365 applications”. “The issue was limited to parts of the Capita network and there is no evidence of customer, supplier or colleague data having been compromised”, [...]
Your City guide to this year’s must have chocolate Easter eggs: From exploding candy to hot cross bun flavoured treats March 31, 2023 We’ve nibbled, munched and even crunched some of this year’s chocolate Easter egg offerings, and we even tried a donut-egg; you’ll have to read on to find out how that fared. Here’s our review of the best and the worst Easter eggs you can buy this year; we’ve included City-based retailers as well as supermarket [...]
Musk verification, laughing gas, webcam gaffes, ChatGPT and cyber crime pay: Here’s your week in tweets! March 31, 2023 The markets quietened this week, with European banking stocks recovering the losses they had posted in the week after Credit Suisse’s shotgun marriage with UBS. But the internet never sleeps and the news rumbles on, so City A.M. have sorted through cyberspace to bring you the best of what you might have missed. 1. Elon [...]
Banks, inflation, recession, gold AND Ocado: Five lessons the markets taught us this week March 31, 2023 It’s spring. The days are longer, the sun is shining, and fears about the imminent implosion of the global financial system are fading, for now anyway. Markets appeared to calm down after several weeks of banking-related aftershocks and both the FTSE 100 and FTSE 250 were on course to end the week on a positive [...]
China ahead in carbon capture race with 73 per cent of patents, while UK filed just 1 per cent March 25, 2023 Chinese scientists filed 73 per cent of all carbon capture and storage (CCS) patents last year, research from Mathys and Squire shows.
London proves Brexit doubters wrong to clinch Europe finance crown March 23, 2023 London has again clinched Europe’s financial centre crown, beating back glum predictions that Brexit would knock the capital’s competitiveness on the global stage, a new index out today reveals. The capital scored well across think tank Z/Yen’s 33rd Global Financial Centres Index (GFCI), helping to to retain the top spot in Europe. London’s access to [...]
London house price growth slows, but you’ll still need over £1m to live in Camden, Kensington or Westminster March 20, 2023 The price of the average London home stood at £680,806, according to online estate agent Rightmove, which found that house prices in the capital rose 2.5 per cent compared to three per cent in Britain as a whole in the last 12 months. When looked at borough-by-borough, property prices fared differently. So while Camden residents [...]
Banks, bonds, inflation, recession and energy: Five lessons the markets taught us this week March 17, 2023 The third week of March proved to be a rollercoaster for the world’s investors, with a rout on banks and the spectre of inflation, recession and the growing cost of living making their presence felt. These themes may indeed play on in future, so here are the five lessons we’ve learned from the markets this [...]
No strike? Still no service! Wednesday’s Tube walkout bleeds into Thursday as rail action cripples London commuter belt March 16, 2023 London commuters vented their anger as Wednesday’s Underground strike continued to cause disruption throughout Thursday morning. People going to work faced fresh difficulties this morning following yesterday’s industrial action by RMT and Aslef union workers, with stations closed up until 7am, as the service was regulated.. As of Thursday at midday, none of the Bakerloo, [...]
