Patent cases treble in a year as downturn bites July 30, 2012 THE NUMBER of patent disputes lodged in Britain has almost trebled over the last year, as firms desperately vie to protect their market share in a dismal economic climate, research released today shows. Law firm EMW says the High Court in London saw 183 patent and design cases last year, compared with 65 in 2010. [...]
OLYMPIC MEDIA BUZZ LONDON 2012 PARTNERS July 30, 2012 IN ASSOCIATION with Repskan.com, City A.M. is measuring the relative Olympic media buzz around the London 2012 Olympic and Paralympic Games partners, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 18 July to Wednesday 25 July. Cisco has been gaining plenty of attention this week, [...]
London losing out to New York on tech IPOs, says Wonga chair July 30, 2012 BRITAIN is losing out to the US as technology firms choose to float in New York due to a lack of communication between startups and the City, says the chair of payday lending firm Wonga. Chairman Robin Klein said that despite the UK’s booming internet economy, “the door to London’s IPO market is shut tight [...]
Ladbrokes set to delay online facelift further July 30, 2012 BETTING firm Ladbrokes will report a significant drop in online revenues this week as it further delays a revamp to its website following ongoing technical problems. Digital profits for the first half of 2012 are expected to be £16m – half that of last year’s and the lowest since 2004 – following repeated delays to [...]
Suspicious trade reports double July 30, 2012 THE FINANCIAL Services Authority has seen a jump in the number of City firms coming forward to report suspicious activities to the regulator. The FSA has received around 100 suspicious transaction reports per month recently, around double the number it was processing a year ago. The watchdog has encouraged financial services workers such as brokers [...]
Indian parade gatecrashed by woman in red July 30, 2012 IT seems tweeting Tory MP Aidan Burley wasn’t the only one for whom Danny Boyle’s mesmerising opening ceremony was all a bit too much. Lord Coe yesterday identified the so-called “woman in red” who gatecrashed the Indian team’s parade during Friday night’s spectacular as a member of the show’s cast who had become “over-excited”. Indian [...]
LONDON 2012 IMAGE OF THE DAY July 30, 2012 Throughout the Olympics, City A.M. will be publishing its Olympic Image of the Day. If you have a shot you think our readers will like, please email pictures@ cityam.com CZECH artist David Cerny has adapted a 1957 London bus and added huge mechanical arms that enable it to do press-ups. The London Booster is currently [...]
Hairspray flying off the shelves July 30, 2012 HAIRDRESSING chain Toni & Guy may have missed a trick in failing to secure a branch in the Olympic Park, if trends in the media zone are anything to go by. Hairspray has been flying off the shelves of the dedicated chemist in the main press centre, as the airport-style security checks mean cans of [...]
TFL CHEERS ROUTEMASTER LIZZIE July 30, 2012 London bus stops honoured GB’s first medallist, cyclist Lizzie Armitstead
CITY MOVES WHO’S SWITCHING JOBS July 29, 2012 Lloyds Bank Matthew Packham has been appointed head of the trade, industrials and services sectors at Lloyds Wholesale Banking and Markets. He was previously regional director of the bank’s business support unit, and has also served as head of credit for Lloyds’ US structured finance and financial institutions business. Norton Rose Neil O’May has been [...]
