Emily Thornberry replaces Maria Eagle as defence secretary, as Eagle moves to culture role in Jeremy Corbyn’s Labour shadow cabinet reshuffle: Who’s in and who’s out? January 5, 2016 After over 30 hours of deliberations, Labour leader Jeremy Corbyn finalised what the Conservatives dubbed the longest reshuffle in history, appointing Emily Thornberry, MP for Islington South & Finsbury, as the new Labour shadow defence secretary. The move put an end to days of speculation that Maria Eagle would be removed from the role. Eagle, MP for Garston and Halewood, has been [...]
Tottenham and Chelsea have greatest need to spend in January, Arsenal can sit tight, and Crystal Palace and West Ham are in a good position to grab a bargain January 5, 2016 City A.M.’s resident columnist on how each London club has fared this season and how, if at all, they should buy this month ARSENAL: Nothing needed The Gunners will be delighted to be top of the Premier League and still in the Champions League, albeit having targeted as much. Despite injuries they’ve been consistent and [...]
Hipsters and Mindfulness: Ladybird books prove a hit for bookseller Foyles January 5, 2016 Publisher Ladybird's series of spoof guides helping adults to make sense of modern day themes from hipsters to hangovers have proved a hit for bookseller Foyles this Christmas. The family-owned retailer said like-for-like sales jumped by 4.7 per cent for the month of December with seven of Ladybird's for grown up series making it into the [...]
Brent and US crude oil prices shrug off yesterday’s turmoil January 5, 2016 Oil prices stabilised today, shrugging off yesterday's volatile trading – but fears over a supply glut kept a lid on prices. Brent crude, the global benchmark, was down 0.35 per cent at $37.09 per barrel in morning trading, while West Texas Intermediate, the US benchmark, shed 0.33 per cent at $36.64. Oil prices yo-yoed yesterday, driven by an escalating diplomatic [...]
The end of the West: 2016 is the year a new order begins to arise January 4, 2016 “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” Churchill, after the British victory at El Alamein This year will make it apparent to all but the most gormless that the comfortable, easy centuries of western dominance (under the Dutch, [...]
Prime Minister David Cameron hails “great turnaround decade” in new year’s message January 1, 2016 Prime Minister David Cameron yesterday promised to deliver social reforms, including a clampdown on terrorism, in what he described as a "great turnaround decade". Cameron said the government will build on Britain's economic growth to give people "security at every stage" of their lives spanning education, employment and retirement. He stressed the sole driver of his efforts [...]
The five most important books Mark Zuckerberg read during his “A Year of Books” December 28, 2015 Facebook co-founder Mark Zuckerberg this year set himself a personal challenge: To read a new book every other week in what he termed A Year of Books. Read more: Three of the best business books to read this Christmas "Reading has given me more perspective on a number of topics – from science to religion, from poverty to [...]
From Ed Miliband to Martin Winterkorn: These are 2015’s biggest people moves December 18, 2015 From politicos to business nerds, it's been a busy year for people-watchers of all ilks, as the mighty fell. Whether you were more interested in the surprise departure of Barclays chief executive Antony Jenkins, or the many u-turns of Ukip leader Nigel Farage, here are the biggest people moves this year. 1. Mack the Knife's reign [...]
Fracking companies Ineos and Cuadrilla win new UK licences as a further 2.8m acres of shale gas exploration in north west England, North Yorkshire and East Midlands approved December 17, 2015 Ineos has hailed a shale gas revolution in Britain, after the government's Oil and Gas Authority (OGA) granted 93 licences for fracking across a further 2.8m acres of land. “We are delighted with today’s announcement. The UK government has demonstrated it is determined to move forward with this exciting new industry," said Ineos chairman Jim Ratcliffe. "This is the start of [...]
Carlo Ancelotti adds to Chelsea managerial uncertainty as Italian appears ready to replace Pep Guardiola at Bayern Munich December 16, 2015 Chelsea look set to spare manager Jose Mourinho the axe before Saturday’s match against Sunderland as the list of potential replacements for the under-fire Portuguese appears to dwindle. Mourinho took training as usual yesterday despite growing uncertainty over his position following Monday’s 2-1 defeat at Leicester, a result that left the struggling champions one point [...]