Worst corporate jargon of the week: Mission April 25, 2024 Offender: Mission Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a stand and calling out the worst jargon which travels around the City faster than you can drink an overpriced pint. This week: mission. What does [...]
The AA: Rising insurance premiums help revenue surge but profits slashed April 24, 2024 Rising insurance premiums helped revenue at The AA surge to almost £1.3bn but a slowdown in its breakdown service saw profits slashed by more than 40 per cent.
Goldman Sachs flies top London banker to Paris in latest post-Brexit relocation April 23, 2024 Goldman Sachs has relocated one of its top European investment bankers from London to Paris as part of a shake-up in the group's regional structure following Brexit.
Could DePIN be crypto’s ESG-friendly real world use case? April 18, 2024 So far in this cycle, there have been several narratives that have emerged. These include artificial intelligence (AI), real world assets (RWAs) and decentralised physical infrastructure (DePIN) tokens. Unlike meme tokens, these tokens and projects actually relate to solving a problem.
Highest monthly car insurance rates ‘very hard’ to justify, industry boss admits April 17, 2024 A boss at the trade body for British insurers told MPs today that the highest rates paid by motorists for monthly cover are “very hard” to justify, as the industry faces criticism for hiking prices amid the cost of living crisis.
Moneysupermarket: ‘High levels of switching’ as Brits search for a deal amid rising car insurance prices April 16, 2024 Moneysupermarket has reported revenue growth of eight per cent in its first quarter to £114.6m, up from £106.3m in the same period of 2023.
In pictures: London’s skyscrapers look uncannily like these coffee machines April 12, 2024 Sometimes only a cliche will do. The fact that luxury coffee machines look like London skyscrapers is a truth as old as time itself.
Car insurance claims payouts hit a record £1.1m an hour in 2023 April 6, 2024 A staggering £9.9bn was paid out to motorists across 2023, according to the ABI, the highest annual figure since it began collecting data.
Tesla misses delivery targets by over 60,000 cars as growth grinds to a halt April 2, 2024 Tesla missed the consensus Wall Street estimate of 449,080 deliveries by more than 62,000, its largest margin to date.
Car insurance premiums fall in ray of light for British motorists April 2, 2024 The cost of car insurance in the UK is slowly starting to fall for the first time, signalling an end to the unprecedented surge in premium prices in recent years.