Covid rules easing: Medics call decision to re-open nightclubs in Belfast ‘complete madness’ October 22, 2021 Medics have said the Stormont decision to lift coronavirus rules despite mounting pressures on the health service is “complete madness.” Dr Tom Black, chair of BMA’s Northern Ireland council, said the relaxations planned for the end of the month would ultimately lead to more Covid-19 deaths. He criticised the move as “stupidity” as he warned [...]
Senior KPMG partner responds to Sadiq Khan’s COP26 call for London to get more powers October 22, 2021 Anna Purchas, a senior Partner at KPMG in London, wrote to City A.M. today as she responded to our article ‘Sadiq Khan will use the upcoming COP26 to vouch for cities like London to have greater powers and funding.’ Dear City A.M., I read with interest that our London mayor Sadiq Khan will use the upcoming [...]
Bank of mum and dad finances half of all first-time buyer purchases as parents spend $10bn October 22, 2021 Nearly half of all first-time buyer housing transactions this year are being financed by the ‘bank of mum and dad’, according to a new property forecast, shared with City A.M. this afternoon. Total contributions from parents helping younger generations to buy a home are expected to reach £9.8bn in 2021, analysis from property group Savills [...]
Scottish rail strike threatens to spoil the COP26 climate party in Glasgow October 22, 2021 A long-running rail dispute could see staff take strike action during the forthcoming UN Cop26 climate change summit. Nicole is being urged to personally intervene to resolve the row. Mick Lynch, general secretary of the RMT union, accused rail bosses of having “dragged their heels over further talks”, despite the fact that the “clock is [...]
Sterling fares well following PMI surprise despite retail sales fall October 22, 2021 This morning’s UK retail sales figures showed a monthly decline of 0.2 per cent in September, while the market had been anticipating a rise of 0.6 per cent. Meanwhile, sales were down 1.3 per cent compared to September last year, yet the consensus forecast was for a decline of 0.4 per cent. It was the [...]
PMI: UK private sector grows at fastest pace in three months October 22, 2021 Growth in the UK’s private sector has grown at the fastest pace in three months, according to a closely-watched survey. The IHS Markit/CIPS flash UK composite PMI report came in at 57.7 more than halfway through October, up from last month’s 54.1 at the same period. Scores above 50 represent growth, while anything below that [...]
Watch as London’s fashion set returns to King’s Road for renowned designer Mary Quant October 22, 2021 The British fashion set returned to London’s King’s Road to celebrate one of the country’s most renowned designers, Mary Quant, at the premiere of the first official documentary on her life and career, “Quant”.
Watch as Duran Duran drops new album 40 years after first hit October 22, 2021 British 1980s pop band Duran Duran release their new album “Future Past” as the quartet marks 40 years since their debut. Watch the full report.
London Stock Exchange hit by technical issues, market data not available October 22, 2021 The London Stock Exchange is this morning hit by technical issues. Market data is currently not available on the site. “We are investigating a technical issue on www.londonstockexchange.com. Market data is not displaying as expected,” the company runs in an error message. It stressed that other services across the Group, including London Stock Exchange and [...]
COP26: Three-year green savings bonds launched by Treasury-backed NS&I October 22, 2021 Green savings bonds giving savers across the UK the chance to back the Government’s environmental projects are being made available to take out online. Savers aged 16 or over can take out the bonds, which pay a fixed annual rate of 0.65% over a three-year term, via Treasury-backed savings provider NS&I’s website. The bonds, unveiled [...]