UK government takes pro-innovation approach to AI January 2, 2023 UK government’s push to bridge the AI skills gap comes with a focus on a risk based approach. As industry predictions indicate an AI boom in 2023, the UK government has stepped up to plug the skills gap in the sector. At the end of 2022, the government evaluated the Industry-funded Masters in AI (IMAI) [...]
EXCL – The unstoppable rise of the Chief Innovation Officer in 2023 January 2, 2023 More and more UK businesses are making innovation a priority. The conviction is growing that tech and the implementation of innovative solutions drive business growth and help firms to stay ahead of the competition. It is therefore no surprise that the chief innovation officer takes an increasingly prominent position within many businesses, and that won’t [...]
EXCL – Majestic Wine’s CEO John Colley on why 2022 will go down as the year of fizz December 29, 2022 Two years ago Majestic Wine went private, under the ownership of Fortress Investment. As a private entity, the company has enjoyed two years of transformation and the results have not gone unnoticed in the City: record growth and record sales. The Watford-based wine giant also opened a number of new branches and undertook a turn-around plan whilst [...]
Wealthy Brits see inflation as biggest threat in 2023 with worst sleep for older millionaires December 29, 2022 High-net-worth-individuals see inflation as the most significant risk to their personal finances in 2023. While younger respondents remain fairly confident in the future of the UK economy and their own wealth, older HNWIs express significant concerns. Just a third (34%) of 55-64s and less than a quarter (23%) of over 65s say they feel confident [...]
Not ‘appropriate’ for UK to publish details of post-Brexit Israel trade deal impact December 28, 2022 The government has said it is not “appropriate” to publish full details of a post-Brexit trade deal with Israel. Details of the agreement which boosts £5bn trade between the countries won’t be made public, the department for international trade (DIT) confirmed today. The deal has a strong focus on boosting UK services exports to the [...]
The year in City A.M. front pages December 28, 2022 As 2022 comes to a close, we look back on how the turbulent last 12 months were reported on from our very own newsroom. It would be fair to say the last year has been a tumultuous one. It started with the ending of pandemic restrictions and the onset of a cost of living crisis. [...]
Number of takeovers and mergers halved in 2022 but ‘bargain basement prices’ to turn tide in 2023 December 27, 2022 The number of big takeovers and mergers involving UK-listed companies nearly halved this year as investors were deterred by market volatility, political instability and recession fears. But the tide is set to turn in 2023, with buyers eyeing up quality British companies trading at “bargain prices”, experts said. There were 49 bids for London-listed firms [...]
Beefy Brexit row: Deal with Australia is ‘success’ says envoy Lord Botham, after ex minister’s criticism December 27, 2022 Lord Ian Botham, the government’s trade envoy to Australia, is at loggerheads with a former minister over the success of the post-Brexit deal. The ex cricket star, affectionately known as ‘Beefy’, hit out at George Eustice who branded the agreement signed in 2021, who said he “no longer has to put such a positive gloss [...]
Ex Russian leader: In 2023, UK to rejoin EU, Musk will be US president and France to fight Germany December 27, 2022 Britain is going to rejoin the EU and it will collapse, while France will go to war with Germany and Elon Musk will be the US President, according to former Russia PM and President. The ex Kremlin leader made a series of bold predictions on Twitter which also included Northern Ireland joining the Republic, and [...]
Best of 2022: Brexit transfer shake-up not helping English players in Premier League December 24, 2022 In this article from November 2022, Frank Dalleres reveals that tougher transfer market regulations following Brexit are not yet having any beneficial effect on the progress of English players in the Premier League. Brexit has drastically shrunk the pool of footballers available to English clubs without having any clear benefit to the prospects of homegrown [...]