New Conservative Party leader to be crowned Politics Kemi Badenoch or Robert Jenrick will be crowned as the new Conservative Party leader on Saturday, as the four-month-long race to replace Rishi Sunak reaches the finish line. The result of the leadership ballot is expected to be announced late in the morning, with the members’ ballot having closed on Thursday. The winner will be [...]
Why uncertainty over the US election is a nightmare for investors Opinion Uncertainty over the US election has put portfolio risk front of mind, as investors seek to both protect themselves from volatility and ensure they are well places to take advantage of the successful candidate’s policies, says Colin Clunie This year’s US Presidential Election, set to take place on 5 November, is predicted to be one [...]
US reports worst jobs growth since December 2020 Economics The US has reported its worst jobs growth since December 2020, as only 12,000 new jobs were added to the economy during September. This was significantly below the 113,000 forecast by analysts, leaving economists describing the numbers as “weak”. However, unemployment held steady at 4.1 per cent, while average hourly earnings rose 0.4 per cent [...]
Government-backed cyber security has a long way to go, warns Arctic Wolf November 1, 2024 The boss of Arctic Wolf, one of the world’s biggest cybersecurity companies, has warned that governments need to invest in cybersecurity. Nick Schneider spoke to CityAM ahead of the Labour government’s first Budget earlier this week. Acknowledging the rise in demand for the sector, he argued: “Whilst it is encouraging that most governing bodies are [...]
Three hacks for becoming the Leicester City of sport business November 1, 2024 Rooting for underdogs is a national characteristic we need to nurture – and not just on the field, argues Alejandro Scannapieco of digital transformation company Sportian. Everyone loves an underdog, particularly in sport. Whether it’s Emma Raducanu winning the US Open or Leicester City’s historic Premier League title, moments when great odds are overturned in [...]
Howard de Walden opens leading Healthtech hub November 1, 2024 The Howard de Walden Estate has taken a notable step in its healthcare innovation strategy after it announced its £52m investment in a new Healthtech hub centred on Hale House. Partnering with Spacemade, the flexible workspace provider, Walden said it aimed to make the Harley Street Health District the leading global destination for health technology [...]
Aquis November 1, 2024 Ahead of the 2024 Aquis Showcase, CityAM meets some of the UK’s most exciting growth companies, all quoted on the Aquis Stock Exchange.Join us at the Royal College of Surgeons on 12 November 2024 to hear from each of these companies, with quick-fire pitches, live audience Q&As and plenty of opportunities to network and meet [...]
Mendell Helium Plc November 1, 2024 Mendell Helium announced on 27 June 2024 that it has entered into an option agreement to acquire the entire issued share capital of M3 Helium through the issue of 57,611,552 new ordinary shares in Mendell Helium to M3 Helium’s shareholders. The exercise of the option will constitute a reverse takeover pursuant to AQSE Rule 3.6 [...]
Invinity Energy Systems PLC November 1, 2024 Invinity Energy Systems is the leading global manufacturer of modular vanadium flow batteries, the most commercially proven alternative to lithium-ion, for utility-scale energy storage for businesses, industry and electricity networks around the world. The Company has 75 MWh of VFBs deployed at, or contracted for delivery to, 82 sites across 18 countries, more than any [...]
Shepherd Neame Ltd November 1, 2024 Shepherd Neame has been based in the market town of Faversham, Kent for over 300 years. Perhaps best known for great British classic ales such as Spitfire Amber, which carries the Royal Warrant, its diverse portfolio includes Bear Island East Coast Pale Ale and Bear Island Triple Hopped Lager, and the Whitstable Bay Collection. It [...]