Share price taking off: BA-owner IAG reports post-Covid milestone May 5, 2023 British Airways and the wider IAG group saw positive first quarter results
Rail union RMT extends strike mandate for next six months as hospitality industry urges resolution May 5, 2023 Members of the biggest rail workers’ union have voted to renew their mandate to continue taking industrial action for the next six months in the long-running dispute over pay and conditions. The Rail, Maritime and Transport union (RMT) said there was an overwhelming vote in favour. Unions involved in disputes have to re-ballot their members [...]
Post-Brexit powers mean regulators need greater oversight, City figures warn May 5, 2023 Ex-ministers and City figures have warned that the government is not doing enough to improve the scrutiny of regulators after Brexit, in a sign that past rows about protecting the independence of the UK’s top financial regulators could resurface in the coming months. Following Brexit, UK financial regulators, such as the Prudential Regulation Authority (PRA) and [...]
What lies ahead for London’s property market? May 5, 2023 All eyes remained on London’s housing market this week as a flurry of reports signalled a return to a stable property market in the capital, but analysts have warned that the storm may not be fully weathered yet… As reports by Rightmove showed on Friday morning, first time buyers in the capital continue to be [...]
TSB Bank demand Facebook and Whatsapp take responsibility for fraud on their platforms May 5, 2023 TSB Bank have demanded that Meta-owned companies, such as Facebook and Whatsapp, take greater responsibility for fraud carried out on their platforms as the government launches its new fraud crackdown. Launched earlier this week, the government’s fraud strategy laid out a series of proposals to stop online scammers, but it dropped plans to make tech [...]
Morning in the City: Live market updates and news May 5, 2023 Good morning, and welcome to City A.M.'s live blog - with breaking news and market updates from dawn.
We might not be able to control ChatGPT, but we can control the data it consumes May 5, 2023 The UK should lead the way on regulating generative AI, and it should focus on the data used by these systems to do so. After all if the data is biased, so it's the final product, writes Sir Nigel Shadbolt
As the country prepares for the Coronation, the Royal Firm needs to fight for its future May 5, 2023 Most of the public still want to keep the Monarchy, but support has dropped over the years.
We shouldn’t be running out of tomatoes because we can’t sort out our supply chains May 5, 2023 Over the last month, bad weather in Europe and Northern Africa led to certain salad items being in short supply across the UK. Leading supermarkets, including Tesco’s, Morrisons, Aldi and Lidl all limited the number of tomatoes, peppers and lettuce that consumers can buy. Product shortages aren’t necessarily unusual, but since the pandemic, they have [...]
Penny Mordaunt accused of letting politics ‘get in the way’ in ongoing Aquind row May 4, 2023 Emotions in Portsmouth are certainly running high. In the latest development of an ongoing row, local MP Penny Mordaunt lashed out at Alexander Temerko, director of Aquind – a company who’s proposal to build a power cable between France and England was rejected by the government in 2022. After stressing her security credentials, Mordaunt said: [...]
