Russian President Vladimir Putin announces new Syria ceasefire deal between government and opposition forces, with Russia and Turkey as guarantors December 29, 2016 The Syrian government and rebel groups have agreed a countrywide ceasefire that will take effect at midnight on 30 December, Russian President Vladimir Putin announced today. The agreement will be followed by peace talks between Bashar al-Assad's government and opposition forces in Kazakhstan at an as yet unspecified date. Syria's army said the ceasefire will begin [...]
Investment trust winners of 2016 December 29, 2016 Investment trusts focused on Asia are on course to deliver some of the best returns in 2016, according to data for trust sectors. Investment trusts are an alternative to more commonly held open-ended funds or unit trusts, offering some advantages. This is explained here: investment trust v open-ended funds Here, we look at the performance [...]
Boxing Day footfall slump points to domination of the online retailers December 26, 2016 Boxing Day high street retail sales have fallen sharply year on year as UK shoppers stay at home and push online sales to record heights, according to early data. Half day footfall fell by six per cent compared to Boxing Day last year, according to data from retail monitors Springboard. A decline of 16.6 per [...]
Editor’s 2016 review: It’s been a year of momentous political change, but there’s every reason to look to the future December 22, 2016 Attempting to reflect such an extraordinary year with just a handful of our own front pages was always going to be difficult, but I thought we’d give it a go. The front page of City A.M. is (to borrow a phrase from our marketing department) the front door of our brand. The choice of splash, [...]
Aurum Mining’s share price dives as investors adjust to share listing and complete makeover into cyber security firm December 21, 2016 Aurum Mining's share price dived more than 21 per cent today after the firm announced it will completely change direction in January, shedding its mining focus to become a cyber and digital security firm. The Aim-listed miner plans to change its name to Shearwater Group and place 150m new shares on 10 January, if shareholders give the [...]
Crown Estate pushes ahead with £100m West End project after Brexit vote pause December 21, 2016 The Crown Estate has recovered from post-Brexit vote jitters to push ahead with a £100m West End development. The property company, which is owned by the sovereign, put the redevelopment of the Grade II listed building on hold after the EU referendum. Read more: Venture capital firm signs up to Crown Estate scheme But Crown [...]
Expecting RBS profits is living in a fool’s paradise December 21, 2016 In just 10 days from now you will likely find yourself celebrating the end of 2016, and the start of a new year. If your headache the following morning isn’t bad enough, consider this – a decade earlier, on 1 January 2007, a share in the Royal Bank of Scotland was worth £55.80. Today, its [...]
Wanted for 2017: A leader with a strong moral compass December 21, 2016 It feels like 2016 is never-ending. As I sit here writing my final column of the year I’m looking at the news: 12 killed in a lorry attack on a Berlin Christmas Market and the Russian ambassador shot dead in Turkey. In the last 12 months, the UK voted to leave the EU, Donald Trump was [...]
These will be London’s property hot spots in 2017 December 20, 2016 This year, Zoopla crowned Dalston the UK's top property hotspot after house prices in the neighbourhood rocketed 60 per cent over the last five years. Shoreditch came second, with prices shooting up 58 per cent over the period. Both of these locations are celebrated for their hipster cafes and second-hand furniture shops – but they're fast [...]
Exclusive: West Ham transfer boost as club signs up forex and payments provider TransferMate December 20, 2016 West Ham will today announce a deal with global payments company TransferMate that the club believes will give them a significant advantage when buying and selling players. The multi-year agreement sees TransferMate become West Ham’s exclusive foreign currency provider, meaning the club can expect to benefit from better exchange rates and lower bank fees in [...]