Television history: A century of broadcasting as BBC marks its 100th birthday January 4, 2022 The BBC has launched three new online collections looking at the broadcaster’s most iconic objects, people and contributors over the last century.
Mortgage approvals flatline in wake of stamp duty holiday January 4, 2022 The number of mortgages approved in November last year exceeded expectations, despite dropping slightly compared to the previous month. Some 66,964 mortgages were approved in November 2021, according to fresh data published by the Bank of England this morning. Although November was down on October’s figure of 67,103 the number of approvals exceeded real estate [...]
A bloody year for journalism: Dozens of reporters and media workers were killed in 2021 January 4, 2022 A total of 45 reporters and media workers were killed doing their jobs over the past year, with the highest number in strife-torn Afghanistan, the world’s largest organisation of journalists has said. The figure represents one of the lowest death tolls in 30 years, since the International Federation of Journalists began publishing annual reports in [...]
New year, new record: S&P 500 hitting new high on first day of 2022 is sign investors remain bullish about stocks January 4, 2022 The new year start off with a bang for global markets as Wall Street recorded record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6% and the Dow finished 0.7% higher. Both indexes eclipsed the record highs they set last Wednesday. The Nasdaq composite rose 1.2%. Technology stocks [...]
SME crisis: Late payment of invoices and spiralling costs threaten survival of more than 400,000 small businesses January 3, 2022 Paying invoices too late is threating the survival of hundreds of thousands of small firms, a businesses group warned this morning. The Federation of Small Businesses (FSB) fears that late payments, high inflation and mounting administration for firms that trade internationally could see numbers shrink if something is not done about these issues. Of the [...]
Santander mistakenly sends Christmas bonus to thousands of Brits leaving lender £130m out of pocket January 2, 2022 High street lender Santander has handed out an unexpected Christmas bonus to thousands of Brits. The Spanish bank mistakenly sent out £130m to around 75,000 business and people on Christmas day. The news was first reported by The Times. Businesses and people who receive one-off recurring payments from 2,000 companies with Santander accounts were accidentally [...]
Best of 2021: McLaren on North America, NFT’s and Drive to Survive December 31, 2021 McLaren enjoyed a hot spell on the F1 track this year and in October, Matt Hardy spoke to McLaren about their Americas focus, NFTs and Drive to Survive. Originally published on October 22. Spanning five continents and 17 time zones, Formula 1 is a truly global sport. But with the expansion of the calendar in [...]
The year of the activist shareholder: Vocal investors rebel more as FTSE companies struggle to get directors re-elected and pay approved December 30, 2021 Investors in FTSE companies are becoming more activist, with a 29 per cent jump in shareholder votes against the re-appointment of directors, according to new data shared with City A.M. In total 42 directors have been subject to major dissenting votes against their re-election, compared to 30 in 2020, according to a new report from [...]
Michael Gove urged to explain why £330,000 was spent on fixing driveway of Tory peer Lord Gage December 30, 2021 Michael Gove is urged to explain accusations his department approved £330,000 to fund pothole repairs on the driveway of a former Tory peer. The public money was spent fixing a track leading to Charleston Farmhouse, an independently-run museum and art gallery within the grounds of a country estate owned by the 87-year-old aristocrat Lord Gage, [...]
City winners: This year’s most popular funds and shares, which include BP, Rolls Royce, Tesla and Argo Blockchain December 29, 2021 DIY fund buyers didn’t get the memo that value investing is back in fashion, instead largely plumping for growth strategies over the course of 2021. “Success breeds success they say, and retail investors clearly have a high conviction that these funds will continue to prosper,” Laith Khalaf at AJ Bell told City A.M. as he [...]