Kim Jong Un is at it again: North Korea fires short-range missile in latest test September 28, 2021 In the latest weapon tests by Pyongyang that raises questions about the sincerity of its offer for talks with Seoul, North Korea this morning fired another short-range missile into the sea, according to neighbouring countries. In an emergency National Security Council meeting, the South Korean government expressed regret over what it called “a short-range missile [...]
End of furlough: ‘Time for the UK economy to put its big girl pants on’ September 27, 2021 This week, the government’s £70bn furlough support scheme comes to an end. The end of the Job Retention Scheme, or furlough, will force organisations to make decisions regarding the future of furloughed employees. City A.M. sought the views of a number of small business owners about whether now is the correct time to remove the [...]
Jealousy drove Labour MP Claudia Webbe to threaten partner’s friend with revenge porn September 27, 2021 Labour MP Claudia Webbe allegedly made a string of phone calls to a women in a campaign of harassment between September and April last year. The MP threatened to send naked pictures of 59-year-old Michelle Merritt to her family because she was jealous of her friendship with her partner, a court heard today. During one, [...]
Boris Johnson draws back from deploying soldiers as minister blames motorists for shortages September 27, 2021 Boris Johnson this afternoon drew back from plans to deploy troops to ensure fuel supplies reach forecourts, as ministers have issued a fresh appeal to motorists to stop “panic buying.” Ministers are hoping the pressure will ease as motorists move back to their routine buying patterns, following the surge in demand last week which led [...]
Exclusive: UK electric car market in top speed as sales jump 186 per cent during pandemic September 27, 2021 Electric car sales in the UK have jumped by 186 per cent to 108,000 in 2020, up from just 38,000 in 2019, according to a new study, shared exclusively with City A.M. this morning. This growth is six times higher than the average sales growth of electric cars globally at 31 per cent in 2020, putting [...]
Tory ‘scum’ row widens: Angela Rayner tweets Boris Johnson should apologise for ‘racist, homophobic and sexist’ comments September 27, 2021 Angela Rayner today continued to stoke the ‘Tory scum’ row, even though colleagues including party leader Sir Keir Starmer are distancing themselves from her remarks. Rayner challenged Boris Johnson to sit down with her and apologise for his own “racist, homophobic and sexist” comments before she says sorry for her verbal attack on Conservatives. She [...]
Watch as 90 per cent of gas stations across England run dry due to panic buying September 27, 2021 90 per cent of British fuel stations ran dry across major English cities today after panic buying deepened a supply chain crisis, according to Reuters. Watch the full report.
Rolls-Royce shares shoot up 11 per cent as it pockets £1.5bn from Bain in Spain September 27, 2021 FTSE 100 engineering giant Rolls-Royce said today it has struck a deal to sell its Spanish ITP Aero business for £1.5bn to a consortium led by private equity giant Bain in the latest move of its major disposal programme. The company said the deal, which is expected to complete in the first half of 2022, [...]
Wave of redundancies looming: 70 per cent of UK employers expect job cuts as furlough scheme ends September 27, 2021 Nearly 7 in 10 employers expect to make redundancies within the next year, the majority of which will take place within the coming months, according to new research shared with City A.M. this morning. According to the study from Renovo, 69 per cent of all UK employers anticipate job losses, with 46 per cent of organisations [...]
Watch as London drivers feel the pinch with gas stations running dry September 27, 2021 Lengthy queues of vehicles snaked their way to gas stations in London this weekend where an acute shortage of truck drivers has led to fuel rationing and some pumps running dry, and prompted the government to consider issuing temporary work visas. Watch the full report.
