CMA launches probe into music streaming market January 27, 2022 UK competition watchdog launched a study this morning asking whether the music streaming market is working well for music lovers. In the UK, more than 80 per cent of recorded music is now listened to via a streaming service rather than using traditional physical media like CDs and vinyl. Linking the creators making the music [...]
Government provides Sizewell C nuclear plant with £100m investment boost January 27, 2022 The government has allocated a further £100m for the Sizewell C nuclear project as it hopes to lure in private investors.
Ed Warner: Stand up for English cricket January 27, 2022 Wanted: someone to stand up for English cricket. National governing body the ECB is hunkered in its bunker, losing the PR battles over racism and the Ashes debacle. This simply won’t do. Challenging though the circumstances are, the sport needs visible leadership with a strong voice, prepared to defend what is good about it while [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 27, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Brewin Dolphin Brewin Dolphin has promoted its current investment director to lead the wealth manager’s market analysis. Janet Mui will play a crucial role in the investment solutions team and will be responsible for the delivery of external macro views [...]
Fervour for flats thanks to return to city working and ‘relatively modest’ price rises January 27, 2022 Demand for flats in London has hit its highest level for 19 months, as buyers looked to move closer to city offices. Estate agents have said an influx of overseas buyers from Hong Kong thanks to new visa rules has driven interest. The trend was revealed in Zoopla’s House Price Index, which found the average [...]
Backwards attitudes towards loss-making, high growth companies are stunting success January 27, 2022 Outside of Silicon Valley and New York, the UK is one of the leading capitals for tech innovation. Its start-up ecosystem is worth an impressive £105bn, according to a global report from advisers StartupGenome. London’s access to talent, capital, and investors is enviable, but the country as a whole lags behind some of its European [...]
The only way is up: UK advertising records strongest year in history January 27, 2022 UK advertising had its strongest year in market history, with growth up 26.4 per cent, putting market value at an estimated £30bn for 2021.
Upskilling workforce can save City firms millions January 27, 2022 Piling money into upskilling existing employees can save banks, brokers and fund managers millions of pounds, reveals a fresh study published today. Investing in improving staff’s skills can generate cost savings of up to £49,100 per employee compared to hiring new talent, according to a report by the Financial Services Skills Commission (FSSC) and consultancy [...]
The battle of London’s protected views exposes the power mismatch on housing January 27, 2022 If you’re reading this newspaper, you live in London and hopefully you love it. If you don’t love it, perhaps you still recognize its unique flavour. London is a melting pot where history finds innovation, where the majestic cathedral of St Paul’s neighbours the skyscrapers of the City. This concoction of old and new, of [...]
M&G snaps up majority stake in sustainable housebuilder Greencore January 27, 2022 Global investment firm M&G has snapped up a majority stake in sustainable housebuilder Greencore Construction, the firm announced today.
