Williamsburg, once a Mecca for hipsters, is now a luxury hub April 2, 2024 Williamsburg is the hipster capital of the world, the Brooklyn neighbourhood where a thousand moustaches were born. Yet the New York City district has largely thrown off its bohemian past to become a hub for gourmet restaurants and chic hotels. Williamsburg’s economy collapsed in the 1970s with the deindustrialisation of New York. The area’s [...]
Alan Sugar’s Amshold profit rises as it pushes European expansion April 2, 2024 Alan Sugar's company Amshold recorded strong profits last year as it grew outside the UK, with international sales rising to 40 per cent.
Man United look to poach Southampton director of football April 1, 2024 Manchester United have reportedly made an approach for Southampton director of football Jason Wilcox as the club look to establish a new hierarchy off the pitch after the recent investment from Sir Jim Ratcliffe. The Ineos billionaire completed his purchase of just over 25 per cent of the club earlier this year after the deal [...]
Autonation plots £350m swoop for Inchcape’s UK dealerships after Pendragon blow April 1, 2024 Autonation is reportedly plotting a swoop for Inchcape UK, in what marks the latest sign of growing overseas interest in British car dealerships.
Government quietly pauses Natwest retail bidding process March 31, 2024 The Treasury has suspended a bidding process to run the sale of its stake in Natwest, in a move which throws doubt on the structure of the much touted ‘Tell Sid’-style retail deal, City A.M. can reveal.
Everything you need to know about the May local elections March 30, 2024 Next month, voters across the country will be going to the polls in the May local elections - we’ve rounded up everything you need to know.
The Boat Race: Who are favourites and where do Oxford and Cambridge race? March 30, 2024 It’s that time of year again, when the Gemini Boat Race makes west London’s Thames banks become awash with current and former Oxford and Cambridge students. So with the annual rowing regatta returning to the capital on this Easter weekend, albeit with a warning not to enter the water due to E. coli, we’ve taken [...]
The week that was: Cocoa price squeeze as UK equities’ struggles continue March 30, 2024 We recap another busy week in the City which in which we saw cocoa prices sky rocket, Flutter fly away and left Thames Water on the brink.
Mark Kleinman: This week’s must-read column March 28, 2024 Sky News’ City Editor Mark Kleinman writes a weekly column for City A.M., this week on the planned football regulator and NatWest’s new leadership team They think it’s all over – it isn’t yet, not by a long way. With apologies to the late Kenneth Wolstenholme, the legislation published by the government last week to [...]
Why the BBC must stay publicly funded March 28, 2024 The licence fee needs to change, but only taxpayer funding can ensure a distinctively British voice in domestic and global media, says Will Cooling Ronald Reagan once joked that the scariest words in the (American) English language were “I’m from the government, and I’m here to help”. It increasingly feels like the modern British version [...]