Market wrap: London stays open and sees shares and pound rise September 9, 2022 Markets in London traded as usual on Friday, and saw shares and the pound trade higher. The London Stock Exchange confirmed that it planned to maintain normal opening hours after the death of the Queen, but would close during any public holidays. The FTSE 100 joined an international rally, which saw global markets break out [...]
Queen Elizabeth II: A front-row view to almost a century of history September 8, 2022 Her Majesty Queen Elizabeth II has passed away after a lifetime that has seen everything from World War II to the Covid-19 pandemic. City A.M. look back at the extraordinary events she lived through as Queen of the United Kingdom and the Commonwealth. 1952: Elizabeth becomes Queen following the death of her father, George VI, [...]
The behind-the-scenes plans taking place after the Queen’s death September 8, 2022 As the nation comes to terms with the death of the Queen, behind the scenes the detailed plans set aside for the aftermath are being rapidly put into action. The arrangements, which have the codename London Bridge, have been in place for many years and were updated and reviewed regularly by palace aides in consultation [...]
In memoriam: HM The Queen and the Square Mile September 8, 2022 Her Majesty the Queen was a regular visitor to the City, from major speeches to visiting our most historic church, St. Paul’s Cathedral. The links between the Palace and the City have been strong since Her Majesty’s coronation. At one lunch at the Guildhall, marking the 40th anniversary of her accession to the throne, she [...]
Energy firms welcome Government support package for households September 8, 2022 Energy firms have broadly welcomed the announced support package for households this winter, but called for more focus on demand.
Liz Truss should look to former Prime Minister Anthony Eden for style inspiration September 8, 2022 In case you hadn’t noticed, this week has all been about politics. With Liz Truss settling into The Big Job, old faces will start to fade as a fresh set of leaders jostle for our attention. And of course, the nation will have a critical eye on their sartorial choices. Truss herself has faced a [...]
Octopus welcomes historic support package for households this winter September 8, 2022 The Government's historic intervention in the energy market has been welcomed by Octopus chief Greg Jackson.
London’s FTSE 100 hit by slumping energy prices and downturn jitters September 7, 2022 London’s FTSE 100 today was ensnared by investors fretting over a slowdown in the world economy and falling energy prices. The capital’s premier index dropped 0.86 per cent to 7,237.83 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, edged 0.05 per cent lower to [...]
North Sea body and unions warn offshore workers against wildcat strikes September 7, 2022 The UK's leading North Sea body has warned against wildcat strikes tomorrow, as have unions including GMB, RMT and Unite.
Keeping up with private equity: Kim Kardashian launches investment firm with former Carlyle exec September 7, 2022 Having dabbled in the world of crypto, Kim Kardashian is now turning her hand to private equity.