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 [...]
Wetherspoons shareholders back Tim Martin after corporate governance row November 21, 2019 Outspoken JD Wetherspoon boss Tim Martin has emerged victorious from his clash with a proxy adviser after shareholders voted overwhelmingly in his support. More than 98 per cent of investors voted to re-elect Martin, who founded the company in 1979, as executive chairman at the budget pub chain’s annual general meeting today. Read more: Wetherspoons [...]
Theresa May determined to deliver Brexit ‘on time’ ahead of crunch talks on Irish backstop February 3, 2019 Theresa May has said she remains "determined" to deliver Brexit on time as she prepares to reopen talks with the European Union on the issue of the Irish backstop. Writing in the Sunday Telegraph, the Prime Minister said she would head to Brussels to with a "fresh mandate, new ideas and a renewed determination" to stick [...]
Bell Pottinger faces client exodus: Top firms seek to distance themselves from disgraced PR firm | City A.M. September 5, 2017 Bell Pottinger is facing an exodus of clients as companies seek to distance themselves from the disgraced PR firm. The iconic company, which was kicked out of the Public Relations and Communications Association (PRCA) on Monday, is now scrambling to regroup. City A.M. understands Bell Pottinger wants to name a new boss this week, following [...]
PwC US chairman reassures staff over Trump travel ban January 31, 2017 The US chairman and senior partner of professional services giant PwC has become one of the latest business names to reassure staff over Donald Trump's travel ban over seven Muslim majority countries. In a message posted on Facebook, Tim Ryan wrote: I want to thank all those who have reached out to me in the [...]
EU referendum: Conservative MPs threaten to bring down their own government in Brexit row June 15, 2016 A host of Conservative MPs have threatened to vote down a revenue-raising post-Brexit budget as the civil war engulfing the Conservative Party reaches new heights. As George Osborne threatened Brexit would force him to raise new taxes or cut spending to plug a £30bn hold in the public finances, 57 Conservatives have this morning issued [...]
EU referendum: Why business owes it to its workers to take back the Brexit debate from the political elites May 20, 2016 The most important influence on how Britain will vote on 23 June is unlikely to be President Obama, David Cameron, Jeremy Corbyn, or Nigel Farage and Boris Johnson. The unsung persuader in this vote will be a friend or colleague at work. There are 5.4m businesses in the UK and a total of 31m employees. Each [...]
Greater sovereignty or smaller budgets: With polls tight ahead of the EU referendum, what would Brexit mean for the marketing and advertising industries? April 25, 2016 On 23 June, adland will have a tough decision to make – whether to be at a party in Cannes or a polling booth in Britain. It is hard to assess the impact Brexit would have on the marketing and advertising industry, and its outlook on the issue is predictably varied. Firms differ in size, [...]
One Direction has a lot to learn: This group of grandads is the UK’s richest band April 21, 2016 Wild horses couldn't stop the Rolling Stones from being crowned the wealthiest band in Britain and Ireland. Sir Mick Jagger, Keith Richards, Charlie Watts, and Ronnie Wood have combined fortunes of £630m, up £40m on 2015. Read more: London has more billionaires than any other city in the world It was also a beautiful day for U2, who have a [...]
WPP confirms Sir Martin Sorrell’s pay of £62.8m March 15, 2016 Advertising and PR group WPP has confirmed that founder and chief executive Sir Martin Sorrell has taken home a share package worth £62.78m under the company's co-investment, performance-based, management incentive compensation plan, LEAP. A total of 15 WPP senior executives were involved in the scheme, which covered a five year performance period from 2011 to [...]