2023 set to be just as ‘horrendous’ as 2022 with falling pay and soaring energy bills December 30, 2022 Next year looks set to be just as “horrendous” for many families’ living standards as this year, as they are hit with falling pay and soaring energy, tax and mortgage bills, a think tank has warned. Households face a cost-of-living “groundhog year” with disposable incomes plummeting even further than in 2022, which saw the biggest [...]
An introduction to Games Workshop, from Warhammer 40k to Blood Bowl December 27, 2022 Across the world Christmas stockings will have been filled with inch-high wizards and goblins made by Games Workshop. The Nottingham-based company has a share price higher than that of Marks & Spencer, and while supply chain issues and rising production costs have seen it slip from its pandemic peak, it continues to be one of [...]
Govt launches £18m TV ads encouraging Brits to save energy December 27, 2022 A new TV advert will encourage people to save energy as the Government steps up its public information campaign. The ad comes as part of the Government’s £18 million It All Adds Up initiative, which was launched earlier this month to raise awareness of “straightforward” measures people can take to cut their bills over the [...]
South Korea scrambles jets after North Korean drone fly-by December 26, 2022 South Korea scrambled warplanes and attack helicopters and fired warning shots on Monday after North Korean drones violated its airspace, the South Korean military said. South Korea tracked the drones crossing from North Korea over what is known as the Military Demarcation Line between the two countries after detecting them in the skies of the [...]
Red-faced Putin: Russia now ready to ‘negotiate’ over Ukraine war December 25, 2022 President Vladimir Putin said Russia was ready to negotiate with all parties involved in the war in Ukraine but that Kyiv and its Western backers had refused to engage in talks. Russia’s Feb. 24 invasion of Ukraine has triggered the most deadly conflict in Europe since World War Two and the biggest confrontation between Moscow and the West since [...]
Heathrow strikes: Airport says departures and arrivals still operating ‘smoothly’ December 24, 2022 BORDER FORCE strikes at Heathrow appear so far to be having little impact on the airport’s arrivals and departures. A spokesperson for the airport told City A.M. this morning that despite a walkout by staff, “operations continue to run smoothly and the airport is operating as normal. The Immigration halls are free flowing with Border [...]
Airlines to spend £58m extra in fuel as Border Force strike hits UK December 23, 2022 Airlines are likely to spend an additional £57.9m in fuel due to the ongoing Border Force strikes, according to City A.M. calculations. Members of the union PCS working at several UK airports, including Heathrow and Gatwick, are walking out from today to Boxing Day as well as between 28 and 31 December over salaries. Industry [...]
Christmas schedule 2022: What’s on the TV for sports fans? December 22, 2022 If the Christmas drinks are already starting to run out and you’re beginning to scroll through the TV guide to see what’s worth watching, have a read of our Christmas sporting schedule to get yourself in the mood for a stellar week of action. 23 December Rugby: London Irish and Saracens clash in the London [...]
London City Airport – Looking to the Future in 2023 December 20, 2022 Message from Robert Sinclair CEO, London City Airport I wanted to start with a thank you to all the City AM readers that have flown through London City in 2022. There was a short spell, if you can remember it, at the start of the year when the prospect of travelling even across London, never [...]
UK on course for slow burning recession, KPMG predicts December 19, 2022 The UK economy is on track to enter a long recession sparked by households and businesses being squeezed by sky high price rises, new forecasts out today unveil. Gross domestic product (GDP) will shrink 1.3 per cent next year, according to consultancy KPMG, who have become the latest organisation to warn of a protracted slump [...]