De Sousa to make family proud with E Brother and Savvy Chic December 13, 2022 FORMER three-time UK Champion Jockey Silvestre de Sousa can provide some pre-Christmas cheer for his wife Vikki and children, who have come over to Hong Kong for the festive period, by riding a double at Happy Valley. It’s easy to understand why the Brazilian-born rider is one of the most sought-after pilots in the territory. [...]
Gallant Ho can atone for Sixty disappointment December 13, 2022 BANK on jockey Vincent Ho to bounce back from his heart-wrenching defeat aboard Golden Sixty at Sha Tin last Sunday with at least a couple of winners on the nine-race programme at Happy Valley today. There having been plenty of grandstand jockeys’ quick to apportion the blame to Ho for being caught napping and too [...]
Rishi Sunak warns his cabinet about ‘challenging’ winter of UK strikes December 13, 2022 Rishi Sunak has warned his cabinet that winter will be “challenging” as widespread industrial action ramps up and as the economic downturn deepens. The Prime Minister’s official spokesman today said the “government will do all we can to minimise disruption”, while calling for union bosses to get back to the negotiating table. Today marks the [...]
Conviction Life Science pushes back IPO deadline as winter investment freezes December 13, 2022 Investment manager Conviction Life Science has pushed back the funding deadline for its London float into the new year, as investors hibernate for the Christmas period. The soon-to-be listed fund said it wanted to extend its book-building period after seeing many large professional investors close their books and shelve new potential investments until the new [...]
Decade high 400k working days lost to strike action in October December 13, 2022 Over 400,000 working days were lost to strikes in October, the highest since November 2011, official figures from the Office for National Statistics out today reveal. Britain has been hit with a wave of industrial action by railway, postal and health workers sparked by pay and working conditions disputes. Working days lost to staff walk [...]
Snow chaos: Disruption across London continues with severe delays on tube lines December 12, 2022 Disruption across London’s transport network continued throughout the day following last night’s heavy snow. Services across the wider tube network were affected by severe delays, especially on the Central, Jubilee and Piccadilly lines. Minor delays were reported on the District, Hammersmith & City, Victoria and Northern lines as well as on the Overground between Euston [...]
Investors take risk off approach to open busy data and rates week December 12, 2022 Investors ditched risky assets yesterday ahead of a bumper week of global economic announcements before the Christmas break, weighing on London’s FTSE 100. The capital’s premier index shed 0.41 per cent to close at 7,445.97 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell [...]
Network Rail Christmas strike to go on as workers reject pay offer December 12, 2022 The strikes planned on Network Rail over the Christmas period are set to go on as members of the union RMT have rejected the company’s latest pay offer. Thousands of rail workers will walk out between 6pm on Christmas Eve and 6am on 27 December, disrupting planned engineering works. This will be in addition to [...]
HRH The Princess Royal, opens Opportunity Bank in Uganda December 12, 2022 City A.M. has been a long standing partner of Opportunity International – a brilliant charity that helps people all over the world to build and sustain independent, prosperous lives by providing them with access to financial services and training. In October this year, Opportunity International UK’s Patron, HRH The Princess Royal, visited one of their [...]
UK economic bounce back a false dawn as recession still looms December 12, 2022 The UK economy is bouncing back, latest figures show, but economists still expect the country to tip into a record long recession. Gross domestic product (GDP) climbed 0.5 per cent in October, swinging back from a contraction over the summer, the Office for National Statistics (ONS) said today. The figures beat the City’s expectations. London’s [...]