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  • Russia threatens to halt energy shipments into Europe

    September 8, 2022

    Russia could halt all energy shipments into Europe if the West pushes through proposals for caps on the price of gas, warned Putin.

  • Lloyd’s of London to give staff £2,500 helping hand ahead of winter

    September 8, 2022

    Lloyd’s of London is to give staff earning less than £75,000 per year a £2,500 one-off payment later this month to help with surging inflation. Chief Executive John Neal told City A.M. this morning that it was set to be a “pretty rotten winter” and “as employers we’ve got an obligation to think, to care [...]

  • New Chelsea owners revert to same old ruthlessness over Tuchel sacking

    September 7, 2022

    It feels like a lifetime ago since we were watching then Chelsea manager Thomas Tuchel and current Tottenham Hotspur manager Antonio Conte in each other’s faces on the touchlines of Stamford Bridge like Anthony Joshua and Oleksandr Usyk . But nearly a month on, and just two victories for the Blues later, Tuchel was today [...]

  • Boeing says it stopped buying aluminium from Russia

    September 7, 2022

    Boeing stopped buying aluminium from Russia earlier this year as Moscow was hit by Western sanctions following the invasion of Ukraine, the company said late last night.  “Boeing suspended purchasing aluminium from Russia in March, as we suspended major operations in Russia,” it said in a statement. Russia is the world’s second largest producer of [...]

  • Russia ratchets up tensions with the West as it calls for grain deal to be reopened

    September 7, 2022

    Grain deliveries from Ukraine in jeopardy after Russian President Vladimir Putin called for its deal with the West to be reopened.

  • Chelsea sack manager Thomas Tuchel after 100 days of new ownership

    September 7, 2022

    Premier League club Chelsea have sacked their manager Thomas Tuchel as the club reaches the end of its first 100 days under new management. Tuchel’s Chelsea fell to a humiliating defeat last night at the hands of Croatian side Dinamo Zagreb in the Champions League leaving the Blues on a three-match losing streak in all [...]

  • Phones ringing in Canary Wharf as new Chancellor Kwarteng summons Britain’s bank and insurance chiefs

    September 7, 2022

    The brand new Chancellor, Kwasi Kwarteng, will set out the Government’s new economic approach to the bosses of UK’s major banks after he summoned the banking heavyweights to the Treasury for talks on his first full day in office. Along with the chief executives, the new occupant of No 11 Downing Street invited the leaders of [...]

  • Siemens refutes Gazprom claims for Nord Stream pipeline shutdown

    September 6, 2022

    Gazprom's claims that the Nord Stream 1 pipeline is down due to faulty equipment were called into question by Siemens Energy.

  • Liz Truss says UK can ‘ride out the storm’ in first speech outside Number 10

    September 6, 2022

    Liz Truss has vowed that Britain can “ride out the storm” it is facing during her first speech outside Number 10 Downing Street. The former foreign secretary was greeted by warm applause as she arrived at Number 10 for the first time as Prime Minister, and said she would outline her energy support package later [...]

  • World heading towards a ‘perfect’ cybercrime storm, cybersecurity experts warn

    September 6, 2022

    THE COMBINATION of mounting geopolitical tensions, the looming economic downturn and the push to digitalise business processes is creating a “perfect storm” for hackers, cybersecurity experts told City A.M. NCC chief executive Mike Maddison said the digitisation agenda on the back of the global pandemic has created new opportunities for hackers in opening up new [...]

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