Game over no more: Microsoft’s Activison tie-up given provisional OK by regulator September 22, 2023 Microsoft's restructured acquisition of Activision Blizzard "opens the door" to the deal being cleared, Britain's antitrust regulator said on Friday.
Investec expects strong UK performance to drive earnings growth – but flags credit losses September 22, 2023 Banking and wealth management group Investec expects its UK business to ensure earnings growth but warned that credit losses will be towards the higher end of expectations. In a trading update for the first half of the year, the bank forecasts its headline earnings per share to be between six per cent and 12 per [...]
Retail sales show signs of recovery after summer washout September 22, 2023 Retail sales volumes rose by 0.4 per cent in August 2023, partially recovering from a fall of 1.1 per cent in July 2023, new government figures show. Non-food stores sales volumes grew by 0.6 per cent in August 2023, following a fall of 1.2 per cent in July 2023 when unseasonable rainy weather drove shoppers [...]
Transport Select Committee sets tests for rail strike minimum service levels September 22, 2023 MPs have set the Government a series of tests over its controversial new law on minimum levels of service during rail strikes. The Transport Select Committee outlined a number of principles for what ministers should include in regulations due to be published following the passing of legislation. Unions are strongly opposed to the law, warning [...]
Sadiq Khan announces London Policing Board to help scrutinise the Met September 22, 2023 The Mayor of London Sadiq Khan has said representatives from communities with “the lowest levels of trust in the Met” will help him scrutinise the force. The brother of Stephen Lawrence, who was killed in a racially motivated attack in 1993, Stuart Lawrence and retired Metropolitan Police officer Neil Basu are among those who have [...]
4,000 more UK jobs predicted with expansion of firm behind Harry Potter, Warner Bros Studios Leavesden September 22, 2023 Warner Bros Studios Leavesden (WBSL), the firm behind the Harry Potter film franchise, is to undergo a significant expansion in a boost for the UK film and TV industry. Entertainment company Warner Bros Discovery said WBSL will be expanded with 10 new sound stages and an additional 400,000 sq ft (37,000 sq metres) of production [...]
NatWest says ‘no customer will be left out of pocket’ after cash deposit glitch September 22, 2023 NatWest said it has resolved an issue with its cash machines after some of the bank’s customers reported problems with their accounts. A number of people took to social media site X, formerly Twitter, throughout Thursday complaining money they had deposited in their NatWest accounts was missing. Others expressed concerns they would accrue fees after [...]
Wall Street: US stocks plunge on fears that interest rates will stay high September 22, 2023 Wall Street fell sharply in an ugly day for stocks worldwide on expectations that US interest rates will stay high well into next year. The S&P 500 lost 1.6 per cent for its worst day since March. That followed a drop of 0.9 per cent from Wednesday after the Federal Reserve indicated it may cut [...]
Lettuce remember: One year on from Liz Truss’ disastrous mini-budget September 22, 2023 One year on from the mini-budget, City A.M. takes a look at the fallout and asks whether Truss still has the ability to influence the Conservative Party going forward.
Murdoch’s long shadow September 22, 2023 Rupert Murdoch will stand down from News Corporation in November.
