Kantar poaches former ITV exec Ian Griffiths as new finance director January 7, 2020 Market research firm Kantar today said it has appointed ex-ITV bigwig Ian Griffiths as its new chief financial officer. Griffiths, who has served as chief operating officer and chief financial officer at the broadcaster before announcing his departure in 2018 , will take up the new role on 16 January. Read more: Kantar boss to [...]
London house prices rose twice as fast as the rest of UK in 2010s January 7, 2020 London house prices rose twice as fast as the UK average during the 2010s, a new report has shown, notching up a 66 per cent growth rate that was far faster than any other region. In the country as a whole, the average house price rose 33 per cent over the last decade as it [...]
Rail groups slam TfL admission that Crossrail won’t open until late 2021 January 6, 2020 Rail advocacy groups have slammed Transport for London’s (TfL) confirmation that they do not expect the main section of Crossrail to be open before the end of 2021. Speaking to the London Assembly’s budget and performance committee today, TfL commissioner Mike Brown said he was working to a timetable of between September and December to [...]
UK stocks 2020: Which shares are City A.M. staff backing in the new year? December 30, 2019 The UK stock market looks set to end the year on a high after the Tories’ election win and progress in US-China trade talks alleviated the uncertainty that has weighed on markets for months. But the road ahead is far from clear, with the looming Brexit date of 31st January and various upcoming trade negotiations [...]
Northern Rail ‘could be split up’ amid nationalisation plans December 26, 2019 The government is said to be plotting a break-up of Northern Rail as part of a radical plan to renationalise train services in northern England. Northern Rail, which is run by German operator Arriva, would be split into two franchises – North West and North East – under plans drawn up by Whitehall officials, the [...]
Christmas travel disruption: everything you need to know December 21, 2019 It’s Christmas! Which means, among happier things, torturous travel planning as city-dwellers escape to the country for a few well-earned days off. But fear not – we at CityAM have put together this handy guide to make your holiday travel as pain-free as possible. Here’s a list of planned disruptions, reduced services and engineering works [...]
Japan – with kids? Believe it or not, it works December 18, 2019 The looks of incomprehension became commonplace, from colleagues, friends, neighbours and, most severely, my mother-in-law. “You’re taking her… to Japan?” they asked, through a variety of similar rhetorical questions. A trip to Japan should surprise no one, these days. The island state is undergoing an eye-watering boom in tourism, with visitor numbers soaring from 13m [...]
Oil prices near three month highs on trade deal optimism December 17, 2019 Oil prices neared their highest levels for three months today as the apparent stabilisation in the world economy continued. The combination of Opec+ cuts, a trade deal between the US and China, and a slowdown in US shale production sent Brent crude over $65 a barrel, while West Texas Intermediate hit $60.22. Read more: Opec [...]
This is a political renaissance — but can British business adapt? December 17, 2019 “A horse, a horse, my kingdom for a horse.” As history buffs will know, the Battle of Bosworth Field didn’t work out well for Richard III, and with it the last of the titanic struggles of the War of the Roses. Described by Shakespeare as “the one big battle”, this event was to finally settle [...]
EFL Cup and Club World Cup: How Liverpool are planning to fight on two fronts this week December 16, 2019 Liverpool will play Aston Villa tomorrow night in the EFL Cup quarter-final less than 24 hours before they are due to play in the Club World Cup semi-final half-way across the world in Qatar. It means Jurgen Klopp’s side will have played three games in the space of five days, following Saturday’s 2-0 win over [...]