Sunak failed to hand over pandemic WhatsApp messages to Covid inquiry – reports October 3, 2023 Rishi Sunak has told the Covid-19 inquiry that he is unable to provide WhatsApp messages from his time as Chancellor during the pandemic because he failed to back them up, it has been reported. The Prime Minister wrote in his witness statement that he does “not have access” to the messages because he changed his [...]
Microsoft chief says unfair practices by Google led to search engine dominance October 3, 2023 Microsoft chief executive Satya Nadella has said unfair tactics used by Google led to its dominance as a search engine and in turn thwarted his own company’s rival programme, Bing. He gave evidence in a packed Washington DC courtroom as part of the government’s landmark antitrust trial against Google’s parent company Alphabet. The Justice Department [...]
Aussies hit pause again as global rate hike race appears over October 3, 2023 The Australian Central Bank appears to have brought to an end its aggressive rate hike cycle
Conservative Conference Diary: Speed limits on growth October 3, 2023 City A.M.’s reporters bring you the gossip behind the headline speeches at the Conservative Party Conference.
Food inflation lowest level since last August, as supermarket price wars pay off October 3, 2023 The rate at which food prices increase has fallen to 9.9 per cent in September, down from 11.5 per cent the prior month, and the lowest level since last August, in the latest signal that cost of living pressures customers face at the till are beginning to ease. Shop price annual inflation is now also [...]
The Notebook: Andy Silvester on why John Lewis’s next boss would do well to take a shift on the tills October 3, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s our editor Andy Silvester with the pen Whoever replaces White would do well to take a shift on the tills Driving alongside Lake Bala, on the edges of Snowdonia, this intrepid Londoner got a shock at the weekend: an entrance [...]
Let’s ditch grand, expensive projects like HS2 and opt for urgent smaller ones October 3, 2023 Even Yes, Minister would have struggled to come up with this one. A major infrastructure project, to Manchester, set to be cancelled, in Manchester, during the government’s party conference. Yet Rishi Sunak could still grasp victory from the jaws of defeat if, as expected, he ditches HS2.Let’s be clear: this is a right sorry mess. [...]
M&A is finally finding a way out of last year’s doldrums as pace of deals picks up October 3, 2023 There are signs of M&A green shoots with pace of dealmaking picking up after rising interest rates, market volatility and geopolitical tensions
Time to bolster talent pipeline to make UK a tech superpower in age of AI October 3, 2023 The UK is losing over £1.5bn per year to skill shortages and to become a world leader in tech and AI, we must invest in training the future workforce.
Trouble insuring electric vehicles threatens green shift, experts warn October 2, 2023 Insurers are facing huge challenges in handling electric vehicles (EVs), experts have warned.
