Covid-19, a year on: What small businesses have learnt March 24, 2021 In this series, City A.M. looks back at the last year of the pandemic and Covid restrictions and takes stock of its impact on industries and issues at the heart of British society. Read more: Read the full Covid-19, a year on series here. Some you win, and some you learn. Small businesses have certainly been “learning” [...]
I believe Bitcoin will get to at least $500,000 in this current bull cycle March 23, 2021 Trading wizard Dr Chris Kacher believes Bitcoin will get to at least $500,000 in this current bull cycle.
UK record label revenue grows as streaming offsets pandemic hit March 23, 2021 UK record label revenues ticked up last year as the booming popularity of streaming services helped to offset the impact of the pandemic. Recorded music revenue grew to £1.1bn in 2020, up 3.8 per cent on the previous 12 months and the highest level since 2006. It is also the fifth consecutive year of growth, [...]
Gut instinct and social media drives young people to risky investment decisions, warns FCA March 23, 2021 The financial watchdog has warned that young people are increasingly engaging with risky investments like foreign exchange and cryptocurrency, despite not having the capacity for loss if the investment goes wrong. The Financial Conduct Authority’s (FCA) research found nearly two-thirds (59%) of young investors claimed that a significant investment loss would have a fundamental impact [...]
Coronavirus: How has a year of lockdowns changed the way we shop? March 23, 2021 One year ago today Boris Johnson announced the UK would enter its first coronavirus lockdown, forcing non-essential shops, pubs and restaurants to close in an unprecedented move to slow the spread of Covid-19. The way we shop had changed before the Prime Minister addressed the nation on the evening of 23 March 2020. Images of [...]
Thomas Tuchel has turned Chelsea into a winning machine – but the football is surprisingly dull March 22, 2021 Thomas Tuchel’s transformation of Chelsea from freewheeling self-saboteurs to uber-efficient winning machine continues apace. Days after reaching the Champions League quarter-finals by beating kindred spirits Atletico Madrid, they marched into the last four of the FA Cup with minimal flourish against Sheffield United on Sunday. So serene has their recent progress been that media-shy Roman [...]
NatWest £365m money laundering case linked to separate case involving infamous gold dealer James Stunt March 22, 2021 Criminal money laundering charges against NatWest are linked to a separate case against 13 individuals based in cities around the country. The Financial Conduct Authority (FCA) started a criminal action against NatWest last week, making it the first bank to be charged under a 2007 money laundering law. The FCA accused NatWest of failing to monitor suspect activity by [...]
What’s the deal with NFTs? March 19, 2021 The news these days is dominated by gaudy numbers spent on NFTs and the massive gains early adopters are realising in them - but is this a bubble or the start of a new asset class?
Exclusive: Daily Mirror publisher Reach to close a London office and make most staff permanent home workers March 19, 2021 Newspaper publisher Reach, which owns the Mirror and Express as well as a number of regional titles, is planning to close offices and make most of its employees permanent home workers. The company will close its Lower Thames Street office in central London and reduce its office space in Canary Wharf from two floors to [...]
Screenshot: Who’s invited to the UK’s summer of fun? March 19, 2021 This week **Media Moment of the Week: No 10’s power vacuum **Who’s invited to the UK’s summer of fun? **BT gets a broadband boost Media Moment of the Week: No 10’s power vacuum There are two main things to remember when unveiling your grand £2.6m briefing room to the world: make sure it doesn’t look [...]