City Moves: Who’s switching jobs in the Square Mile this week? February 2, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. finnCap Group finnCap Group has posted an HR veteran to its board, who has joined as a non-executive director. Annette Andrews brings some three decades worth of experience to the role, from across Lloyd’s of London, which [...]
Half of UK motorists plan to buy a car in 2022 January 18, 2022 Around 49 per cent of UK motorists plan to buy a car this year, according to research from Close Brothers Motor Finance (CBMF). A third of car owners have stated they will go for a new model, while 18 per cent have said they will buy second-hand. As a result of the pandemic, UK adults [...]
The future of tax in the UK, an expert view January 18, 2022 This article first appeared in ICAS’ CA magazine. Young businesses have the potential to drive post-pandemic recovery – but is the UK’s ageing tax system a help or a hindrance to entrepreneurs? Fraser Allen asks four experts to share their thoughts Earlier this year, the Institute for Fiscal Studies published a blunt assessment of the way [...]
Average used car price surges as market continues to grow January 11, 2022 The price of a used car surged 30.5 per cent year-on-year, making December the 21st consecutive month of growth for the second-hand automotive market. According to Auto Trader’s retail price index, the £17,816 average was driven by mainly by exceptional levels of consumer demand, reflected in the 27 per cent increase in visits to Auto [...]
Apple struggles to keep pace with Google and Amazon according to new study on future readiness December 15, 2021 Tesla, Lululemon, Mastercard, and Google topped the global rankings in their respective industries in the Future Readiness Indicator released today, and a number of global companies fared much worse than expected, including Apple, IBM, Twitter, Spotify, HSBC, Audi, and Sony.
EV industry welcomes government’s home charging rules November 22, 2021 The EV industry has welcomed the UK Government’s announcement that owners of newly built homes and commercial buildings will need to instal electric vehicle (EV) charging points. The new regulations will lead to 145,000 additional EV chargers installed across the UK every year, and it was announced a few weeks after Prime Minister Boris Johnson [...]
Brits brace for £23 per week jump in cost of essentials as two-thirds fear inflation October 20, 2021 UK households expect to cost of essentials such as food, non-alcoholic drinks, electricity, gas and motor fuel to rise as much as £23 per week by the end of the year according to new research shared with City A.M. this morning. More than 4 in 5 (84 per cent) UK households expect the cost of essentials [...]
The Formula 1 cost cap: Corporations to provide competitive advantage? October 6, 2021 This 2021 Formula 1 season is already proving to be one for the ages but next year’s technical rule changes, largely aimed at levelling the playing field, and the need for continuous improvement mean that teams are already looking ahead. It could be argued that this counterbalance is already coming into effect this season following [...]
Peugeot 508 PSE review: a fast and flawed future classic September 8, 2021 Peugeot launches its PSE performance brand with a 355hp plug-in hybrid. The result is intriguing, but hamstrung by a high price tag.
Morrisons’ messy and dramatic takeover battle: Where are we now? August 20, 2021 Morrisons agreed a £7bn offer late last night in the latest twist in the UK supermarket chain’s dramatic takeover battle. Shares jumped this morning after investors digested the new deal from US private equity firm Clayton, Dubilier & Rice (CD&R). It comes weeks after a rival bidder, a consortium led by private equity rival Fortress, [...]