Just Eat shares fall on 2019 outlook despite jumps in profit and revenue March 6, 2019 Just Eat scored huge boosts to profit and revenue in 2018 to relieve shareholder pressure to merge with a rival, it revealed today, but warned losses will impact 2019 earnings. The figures Profit before tax rose to £101.7m after a loss of £76m in 2017. Revenue rose 43 per cent year on year to £779.5m, [...]
Thirty years ago, the Honda NSX changed the supercar forever. Tim Pitt celebrates with a retro road-trip February 25, 2019 After 1989, sports cars would never be the same. That year, the Mazda MX-5 reinvented the roadster – with added reliability – then Honda did the same for the supercar. Its NSX was, in essence, a Ferrari without the flaws. The New Sportscar eXperimental reached UK showrooms in late 1990, priced at £55,000. Its lightweight [...]
Awards 2022 February 20, 2019 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Here’s what happened to the UK professional jobs market in 2018 and what to watch out for in 2019 January 24, 2019 It is not unusual after the rest and relaxation of Christmas for people to consider their current career path and decide to search for new opportunities. But it’s also important for these prospective jobseekers – and hiring managers – to look back at the previous year, in order to learn about the current state of [...]
Ford cost-cutting drive expected to hit thousands of jobs in UK and Europe January 10, 2019 Ford has announced cost-reduction plans which are expected to lead to thousands of job losses in the UK and Europe. The car maker, which has 54,000 employees in Europe and 13,000 in the UK, is reviewing its operations across the continent in a major shake-up of its business. The company hopes to save around $14bn [...]
AI could be the answer to the four-day week December 4, 2018 Britons are under more pressure at work now than at any other time in the past 25 years. Leaders from the TUC to the shadow chancellor are calling on a four-day working week as the answer. While some businesses have welcomed the idea with open arms, many are still fearful of the impact of reduced [...]
Focus On Woolwich: This soon-to-be Crossrail hub will see its population increase by 58 per cent by 2026 November 20, 2018 Last month, the Woolwich Ferry made its final voyage across the Thames. For many, it was an emotional farewell as locals had watched it transport cars and people from one side of the river to the other for the last 55 years. Though the Ferry is no more, the service resumes in December with two [...]
Brexit live blog: Prime Minister Theresa May defies rebels, saying she will carry on in ‘national interest’ November 15, 2018 Welcome to City A.M.’s live blog – we’re keeping an eye on the breaking Brexit News today. Refresh the page occasionally for updates. 10:29pm – City A.M.: May’s ‘Not out’ Things have stayed quiet for some time now, and despite the occasional rumble, it looks like we’ll have to wait until tomorrow to hear more. Looking [...]
Applying Blockchain? Don’t waste your time! November 13, 2018 Blockchain is the flavour of the month and is a technology that sits in the eye of a monumental hypestorm. It’s all the rage, and no corporate wants to miss out on the excitement. In some views, blockchain is the cure to all problems facing IT (or even society overall!), and should be applied liberally [...]
Toyota president Akio Toyoda warns Britain to avoid no-deal Brexit ‘at all costs’ October 19, 2018 Toyota president Akio Toyoda has warned that a no-deal Brexit should be avoided at all costs. Speaking as chairman of the Japan Automobile Manufacturers Association (JAMA) Toyoda said that if the UK crashes out of the EU without a deal it will "adversely affect" corporate activities and consumers and urged both sides to work towards [...]