We can’t survive without North Sea drilling, but we also can’t continue in the same way December 8, 2022 The North Sea has occupied a significant place – not just geographically – but in the debate of future energy supply in the UK. It’s deeply polarising, to say the least. Protesters want us to stop drilling in the North Sea altogether, while other radical commentators insist we must extract whatever we can no matter [...]
ITVX launch: The streaming service that hopes to win youngsters back December 8, 2022 ITVX has officially launched today, replacing the broadcaster’s clunky Hub and welcoming a flurry of new viewers – or so ITV hopes. The man behind this fresh new streaming platform is ITV’s managing director Rufus Radcliffe, who has made it his task to draw in youngsters and advertisers. The platform rebrand was first announced back [...]
UK jobs market wobbles after months of defying economic reality December 8, 2022 The UK jobs market is looking increasingly fragile after months of defying economic gravity, a new survey out today reveals. KPMG and the Recruitment and Employment Confederation’s (REC) permanent hiring index came in at 46.4 points last month, below the 50 point mark that separates growth and contraction. Despite the index indicating businesses are cooling [...]
Putin’s war with Ukraine is unwinnable but as a leader, he cannot afford to lose December 8, 2022 Ten months into Russia’s invasion of Ukraine one simple fact has become abundantly clear: set against its original goal to completely conquer Ukraine, Moscow cannot win the war but neither can Putin afford to lose it. Ukraine has fought heroically to repulse the original Russian invasion and to push back Putin’s forces. But, for all [...]
Letters: A new look at supply chains December 8, 2022 [Re: UK business fear supply chain chaos will ruin Christmas trading, December 5] In the last week, City AM has run several stories on the continuing chaos engulfing global supply chains and the industries this is affecting. The articles rightly identify problems such as key materials shortages, a shrinking labour market, and rising energy costs, [...]
Tories suspend whip from MP Julian Knight ‘following complaint to Met Police’ December 7, 2022 The Conservatives have suspended the whip of MP Julian Knight following a complaint to the Met Police. A spokesperson for the Government Chief Whip said: “Following a complaint made to the Metropolitan Police this evening, we have removed the Whip from Julian Knight MP with immediate effect.” He is the the MP for Solihull and chair [...]
Rachel Reeves: Macron is ‘eating UK’s lunch’ when it comes to global investment December 7, 2022 French President Emmanuel Macron is “eating the UK’s lunch” when it comes to attracting global investment, shadow chancellor Rachel Reeves has said. Reeves today told City A.M. that France was stealing investment away from British start-ups post-Brexit, with the shadow chancellor promising to help pension funds unleash billions of pounds of long-term capital into the [...]
Capital can’t be complacent about attracting new talent December 7, 2022 The perils of business journalism are many but one that is often under-remarked upon is the danger of drowning in data releases. Inboxes our end are full of new analyses, some of relatively questionable value, and it is sometimes hard to see the wood from the trees. Not so yesterday when the latest iteration of [...]
Exclusive: Treasury tax raid to drag 200,000 Londoners into higher rate December 7, 2022 NEW analysis suggests that almost a quarter of a million Londoners will be dragged into the higher rate tax band as a result of Jeremy Hunt’s decision to freeze income tax thresholds in the Autumn Statement. Some 213,165 workers in London, and 122,543 more across the wider south-east, will paying the 40 per cent rate [...]
Apple expands data-encryption practices in security push December 7, 2022 Apple plans to to significantly expand its data-encryption practices, allowing users to make photos and notes stored on its iCloud service even more private. The tech giant said it would expanding the end-to-end encryption protections in its iCloud service as the security threats increase across the world. The feature, known as Advanced Data Protection for [...]
