Russia ramps up pressure on Europe as it halts flows into another EU country July 31, 2022 Latvia is the latest European country to be cut off from Gazprom's gas flows, as Russia puts more pressure on Europe this winter.
Simple soundbites for post-Brexit dividends do the City little good for our future growth July 26, 2022 DO YOU want the City of London to be slow and cautious or quick and nimble? This is how the debate over a potential new round of regulation in the City of London has been framed. However, the situation is clearly more complex than this simple soundbite suggests. Forming part of ex-chancellor Rishi Sunak’s pitch [...]
Innovation can save our food system from climate threats July 21, 2022 ON TUESDAY, people in the UK experienced the hottest day on record. For those living in cities, there were sweltering commutes, walks through parched parks and a newfound gratitude for office air conditioning. Overnight rain broke some of the heat. But further afield, the National Farmers’ Union is warning of lower crop yields as a [...]
Zahawi speech may be policy light, but it can be substantial July 14, 2022 On Tuesday evening of next week, the Chancellor Nadhim Zahawi – no, we’re not quite used to it either – will take to the lectern at the Mansion House and deliver what is usually one of the most anticipated speeches of the year. This particular Mansion House speech had been marked in the calendar for [...]
MPs launch finance watchdog unit to prevent ‘systemic risks’ from post-Brexit rule changes June 23, 2022 A cross-party group of MPs will this week launch a task force to scrutinise proposed changes to the UK’s financial service regulatory regime after Brexit. The treasury committee’s new financial services regulations subsidiary unit will spearhead interrogating tabled amendments to rules governing the City’s banks, brokers and insurers. Its work will be supported by the [...]
On airports to rail chaos, business just wants somebody to take responsibility June 21, 2022 Well, at least the weather’s looking alright. That’s about the best that can be said for the rest of the week, with rail strikes, flight cancellations and the strong possibility of further industrial action to come. Those who have been asked to work from home may well come back with a healthier tan next week. [...]
WATCH – ‘Tasty and that’s it’: Rebranded McDonald’s opens in Moscow June 13, 2022 A new era for fast food in Russia has dawned with the opening of rebranded McDonald’s under the name Vkusno & Tochka, which translates to ‘tasty and that’s it’. While the golden arches and big macs may have gone, the rebranded restaurant chain opened up its doors once again, more than three decades after McDonald’s [...]
The City View: Boris on his last legs? May 31, 2022 On today’s final episode of The City View, Andy Silvester talks to City A.M.’s Opinion and Features Editor Sascha O’Sullivan. They ask whether Boris Johnson is harming the Tory party’s chances of reelection, and if Starmer is the right man for the job as Labour leader. And in the business news: TUI has cancelled nearly [...]
Government dinner: Capital’s leaders call for end of “anti-London” rhetoric in keynote speeches May 31, 2022 London’s most high-profile leaders last night called for a reset of relations with central government in speeches at the Mansion House. The City’s elected chief – the Lord Mayor of London Vincent Keavney – told business and political leaders at the London Government Dinner that the words “metropolitan” and “London” have been used “as though [...]
London’s rebound gets a boost but rest of UK should garner attention May 9, 2022 Crossrail opening and the Bank branch of the Northern line coming back into action within the space of a fortnight? Ambassador, you are spoiling us. Both are great news for the capital’s rebound from the pandemic, and in the case of the Northern line it’s particularly so for the Square Mile. It would perhaps be [...]