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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RHS Chelsea Flower Show attracts Britain’s biggest business bigwigs including Rupert Murdoch and Richard Desmond

May 24, 2016

Some of Britain’s most famous business names flocked to the world-famous RHS Chelsea Flower Show on Monday. The annual event, organised by the Royal Horticultural Society, was attended by the former chief executive of J Sainsbury Justin King, Indian steel czar Lakshmi Mittal, media mogul Rupert Murdoch and his new wife Jerry Hall, and owner of [...]
David Cameron and EasyJet boss Carolyn McCall to warn of Brexit’s impact on UK travel costs

May 23, 2016

Prime Minister David Cameron will today highlight the potential increase in travel costs if Britain were to leave the European Union. The Prime Minister, who will be seen standing in front of a plane with EasyJet boss Carolyn McCall, is set to discuss the Treasury’s recent warning that leaving the EU would make Britain poorer [...]
Spotify out of tune as revenues soar but losses swell

May 23, 2016

Spotify, the world’s biggest music subscription service, saw its revenues rise 80 per cent to €1.95bn (£1.5bn) in 2015. However, the company saw its net losses increase to €173m (£134m) from €162m in 2014. The streaming giant’s revenues soared thanks to a 78 per cent increase in subscriptions to €1.74bn (£113.8bn) while advertising revenues grew [...]
Tinder sues threesome-app rival 3nder for stealing its thunder

May 23, 2016

Dating app Tinder, which is in no mood of being tender with rivals, has launched a legal battle against threesome-app 3nder alleging trademark infringement. Tinder, which is owned by online dating behemoth Match, wants its smaller competitor to shut down over the similarity in name. 3nder hit back at Tinder through Tinder Sucks My Socks, [...]
The UK is among worst offenders for breaking EU’s budget rule, says German think tank

May 23, 2016

The UK is one of the worst offenders for violating the EU’s budget deficit limit of three per cent of GDP, according to research by German think tank Ifo Institute. The report, that comes ahead of the release of the UK's public sector finances tomorrow, found that Britain recorded a total of nine violations since 1999 out of which two, [...]
Will M&S sharpen up its fashion arm? Analysts forecast profit rise as chief Steve Rowe expected announce a bumpy road to recovery

May 23, 2016

Marks and Spencer may want to give its clothing lines a makeover as analysts predict a rocky road to recovery. The 132-year old retailer, which has seen its fashion division fall out of favour with the public in recent years, is expected to report a two per cent rise in pre-tax profits, but analysts suggest that [...]
Crunch week as BHS seeks a fresh start

May 23, 2016

BHS hopes to enter a new era this week with the business set to be sold while its administrators prepare a high court complaint against the retailer’s former boss Dominic Chappell. Administrators plan to announce BHS’ new owner in the coming days, with bids understood to have come from Matalan founder John Hargreaves, Poundstretcher, and an [...]
Brexit would trigger a recession, says Osborne

May 23, 2016

Brexit would launch the UK’s economy into a year-long “DIY recession”, according to new research from the Treasury, with GDP possibly dropping by as much as six per cent. The controversial research published today warns that a vote to leave would represent “an immediate and profound” shock for the economy. Speaking today, George Osborne is expected [...]
Barclays tightens buy-to-let properties lending rules

May 22, 2016

Barclays is to tighten rules on lending for buy-to-let properties, increasing minimum rental covers. The decision to tighten lending criteria means that rental payment must exceed mortgage costs by a factor of 145 per cent, up from 135 per cent. The affordability rate will also be reduced from 5.79 per cent to 5.50 per cent. The [...]
Addison Lee drivers to gridlock Mayfair on Tuesday

May 22, 2016

Over 100 Addison Lee drivers are set to gridlock Mayfair’s Berkeley Square tomorrow during a major protest over a fall in pay rates. Members of GMB, the union for private hire drivers, will block the road outside the office of Carlyle Group, that bought Addison Lee for £300m in 2013. The union claims that Addison Lee, [...]

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By: Shruti Tripathi

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