Sundance Film Festival: London 2021 – Our Best of The Fest July 30, 2021 Thursday sees the return of Sundance London to Picturehouse Central. Like many events, the 2020 edition was held online, but the independent film extravaganza will once again be taking place in-person this week with a stellar line up picked from the best of its parent event in Utah. Fifteen features have been chosen, along with [...]
People are turning to Bitcoin at a rate of almost 52,000 new users every day July 30, 2021 Jason Deane crunches the numbers and discovers Bitcoin is attracting 36 new users every minute.
Goodwin ups newly qualified lawyers pay to £147k in a second rise this year July 30, 2021 US law firm Goodwin Procter has bumped up the salaries of its newly qualified (NQ) lawyers in London for the second time this year, City A.M. understands. Junior lawyers at the firm have been given a pay increase of 7 per cent bringing their annual salary to £147,000 less than six months after Goodwin gave [...]
EP77 City A.M. Racing Podcast: Saturday Goodwood July 30, 2021 The final day of glorious Goodwood 2021 features the Group 2 Lily Langtry Stakes for fillies and mares, plus the 6 Furlong Stewards’ Cup cavalry charge. Newmarket trainer James Ferguson is our guest and he tells us all about First Folio who is strongly fancied to win the Stewards Sprint Handicap on the same card. [...]
Science Museum under fire after signing ‘gagging order’ with Shell over sponsorship deal July 30, 2021 The Science Museum is under fire today for signing a “gagging order” preventing it from criticising Shell, the sponsor of its current “Our Future Planet” exhibition. Documents obtained by FOI request by climate group Culture Unstained show that the museum signed a sponsorship agreeing in which it agreed not to do or say anything which [...]
City watchdog launches money laundering probe into Monzo July 30, 2021 The City watchdog is in the early stages of a probe into British digital bank Monzo over possible money laundering activity. Monzo announced the potential probe alongside its annual results today, which showed the challenger bank swung to a £130m loss, up from £114m last year. Read more: City watchdog slashes fundraising threshold to attract [...]
EP: 76 Glorious Goodwood – Friday July 30, 2021 Friday at glorious Goodwood features the King George Qatar Stakes where Battaash looks to win the race for an extraordinary fifth time in succession. Angus Gold from the Shadwell Estate joins us to discuss the chances of their leading Friday hopes which include the likes of Battaash, Baaeed and Maydanny. City A.M. racing editor Bill [...]
Babcock shares plummet after defence firm books £2bn writedown July 30, 2021 Defence giant Babcock saw its shares plunge 11.6 per cent this morning as it posted a whopping £1.6bn loss on the back of £2bn in impairment charges after a review of its contracts. The FTSE blue chip said that it would now focus solely on being an international aerospace, defence and security company. Over the [...]
NatWest notches up £2.5bn in ‘resilient’ first half, as lending rises July 30, 2021 NatWest roped in some 2.5bn in operating profit before tax in the past six months, swinging from a loss of £770m in the first half of 2020. The British bank’s net lending rose by £2.2bn to £362.7bn in the six months to 30 June, while UK and RBSI retail and commercial businesses pushed lending to [...]
Paying tax sooner – HMRC wants its money faster July 30, 2021 What are the challenges and advantages of paying tax closer to real-time? HMRC calls for evidence and ICAS responds. Nobody is likely to volunteer to pay tax sooner, unless it would earn interest at a competitive rate perhaps. But knowing what your tax liability is, and when you need to pay it, as close to [...]