By: Shruti Tripathi

I am City A.M.'s news editor. I love interviewing entrepreneurs, carrying out investigations through freedom of information requests and covering all the latest goings on in the world's great city, London. I started my career as an intern at LondonLovesBusiness.com in 2011 and became editor in 2015. I joined City A.M. as deputy night editor in July 2016.

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City Moves for 2 June 2016 | Who’s switching jobs

June 2, 2016

Bibby Financial Services Independent business funder, Bibby Financial Services (Bibby) has appointed Ray Lowrey as UK risk director. First joining Bibby 15 years ago, Ray has held a variety of roles with the financier, including operations manager, head of operations, business director and – most recently – deputy risk director. A member of the Chartered [...]
Channel 4 takes stake in multimedia firm behind Bear Grylls’ YouTube channel

June 2, 2016

In a bid to ramp up its digital prowess, Channel 4 has taken a stake in multimedia content company Barcroft Media Holdings. The deal was Channel 4's first investment as part of its Commercial Growth Fund which was launched last year to help "high growth potential companies to build their business through advertising on Channel 4 marketing platforms". Barcroft Holdings' [...]
End of the road in sight for BHS sale

June 2, 2016

The futures of BHS and thousands of its staff are hanging in the balance as administrators and the only known remaining bidder struggle to agree terms. BHS administrator Duff & Phelps held further discussions with a buyer backed by Richess Group yesterday, with some executives hopeful that a deal could be announced to salvage BHS today. [...]
Saudi wealth fund invests $3.5bn in Uber

June 1, 2016

Controversial taxi app Uber has raised $3.5bn (£2.43bn) from Saudi Arabia's sovereign wealth fund valuing the company at $62.5bn. The Saudi Arabian Public Investment Fund will now own approximately 5 per cent of Uber and the fund's managing director Yasir al-Rumayyan will join the company's board. Other board members include Benchmark Capital general partner Bill Gurley and Huffington Post co-founder Arianna Huffington. [...]
Liam Fox and Remain campaigners clash over Brexit’s impact on housing

June 1, 2016

Campaigners on both sides of the EU referendum debate are set to clash today over the impact of Brexit on the housing crisis. In a speech at Vote Leave's offices today, former defence secretary Liam Fox will blame immigration for high housing costs in the UK. Meanwhile, Britain Stronger in Europe will hit out at Fox, [...]
Tom Watson calls for ban on hedge funds commisioning private Brexit polls

June 1, 2016

Deputy Labour leader Tom Watson has called for a ban on hedge funds to commission private exit polls for the EU referendum. Watson claimed that hedge funds "stand to gain millions" by knowing the outcome of the EU referendum through their private polls and called on Prime Minister David Cameron to ban them from approaching pollsters. Watson [...]
Hikma Pharmaceuticals replaces Inmarsat in FTSE 100 index

June 1, 2016

Hikma Pharmaceuticals is set to enter the FTSE 100 index as satellite firm Inmarsat drops to the FTSE 250. The changes will take effect on June 20, London Stock Exchange said today. Hikma Pharmaceuticals's promotion to Britain's blue chip index comes after its shares surged 45 per cent since mid-March. The company expects its full year group revenue to [...]
UBS bankers get two hours of personal time every week in bid to improve work-life balance

June 1, 2016

Bankers and work-life balance don't go hand in hand – but UBS is trying to change that. Over 6,000 people working at UBS' investment banking division globally are set to get two hours of "personal time" every week as part of the bank's "take two" initiative. The scheme, that was started by investment bank president Andrea [...]
Brexit vote too important to be left up to politicians

June 1, 2016

Moan all you like about the EU referendum but it's got people talking. From Cornwall to the City and from the Western Isles to Westminster, people are engaged and discussing the issues. People are debating in restaurants and outside pubs and, as is always the case in political campaigns, they're doing so with more nuance and [...]
Heineken hopes F1 will help its beer zoom off shelf

June 1, 2016

Brewing giant Heineken is reportedly close to tying up a five-year £100m deal to sponsor Formula One. The sport is more globalised than ever, with races now taken place in extremely lucrative markets across the Middle East, America and eastern Europe. Although many consumer brands have sponsored the sport over the years – with Red [...]

Money Supermarket integrates with ChatGPT in battle to fend off AI threat

Why Hull KR and Brisbane Broncos turned down World Club Challenge payday in Qatar

David Attenborough London documentary wanted to ‘rebrand’ rats

By: Shruti Tripathi

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