Peel Hunt records £1.5m loss as revenue down almost £50m amid ‘extraordinary’ market turmoil June 16, 2023 Investment banking firm Peel Hunt recorded a loss of £1.5m after warnings the UK is experiencing “extraordinary” market turmoil. The company reported revenue of £82.3m, down £48.7m on last year’s £131m, it made a loss before tax of £1.5m – a drop from the previous 12 months’ pre tax profits of £41.2m. CEO Steven Fine [...]
Britain’s music industry could be crushed by artificial intelligence if we don’t get it right June 16, 2023 Rishi Sunak called the creative industries one of the key growth sectors for the UK, but how we deal with artificial intelligence will be a game changer for the music industry, writes Sophie Jones.
How the Home Office made it easier for English football to sign foreign youngsters June 16, 2023 A little over two years after English football shut the door on a host of foreign talent by implementing strict post-Brexit rules, it prised it open again this week when the Home Office approved a relaxation of the regulations. The biggest change affords clubs more scope to appeal for an exception to be made if [...]
As AI transforms the music industry, artists and their unique work must be protected June 16, 2023 The creative industries are the most vulnerable to technological changes. So as we applaud our developments in AI, we must also protect our creatives, starting from musicians, writes Sophie Jones
National Grid claims Britain at lower risk of losing power in the winter than last year June 15, 2023 Britain will be at a lower risk of losing power this winter than it was last time, according to a report from the company that runs the grid. National Grid’s Electricity System Operator (ESO) said on Thursday that power plants, wind farms and other generation methods are expected to be able to provide more than [...]
Zinc Media June 15, 2023 Zinc Media Zinc Media Group is the UK’s leading integrated content creation company dedicated to the development and production of premium content for global broadcasters and commercial film and audio for brands and corporate clients. The group own and operate seven production companies, that produce award-winning television and film for the UK’s biggest broadcasters, international [...]
‘London buzzing’: City pub favourite Fuller’s boosted by summer drinking as workers return to office June 15, 2023 The chief executive of Fuller’s has said London is “buzzing” with activity as sunny spells and a return to office working has helped boost business trade. Simon Emeny, Fuller’s’ chief reported an increase in corporate booking across its almost 400 strong pub estate as employees returned to the office post-pandemic. The pub chain also reported [...]
Bailey holds the torch for a proud UK tradition – failing our monetary policy June 15, 2023 Andrew Bailey and the economists at the Bank of England are part of a long line of people who have failed Britain’s monetary policy, writes Will Cooling
Mark Kleinman: The must-read City column June 15, 2023 Mark Kleinman, City editor of Sky News, writes fortnightly for City A.M. This week he opines on the ICAEW, Eton's new Provost and the future of the Telegraph
The Lady Mayoress Joins City Leaders at Mansion House for the Second City Giving Day Breakfast June 15, 2023 The Lady Mayoress of the City of London Felicity Lyons and The Lord Mayor’s Appeal hosted City leaders and CSR professionals yesterday at Mansion House for the second annual City Giving Day breakfast. High-profile guests including Alderman Alison Gowman and Sheriff Andrew Marsden joined thought leaders from some of the City’s most prevalent companies including [...]