Size matters: Why tiny Qatar decided it needed to host the World Cup November 16, 2022 Sport business and geopolitics expert Professor Simon Chadwick explains the economic, security-related and nation-building reasons why Qatar is hosting the World Cup. With the start of the men’s World Cup in Qatar imminent, fans are looking ahead to the action starting. Some will be anticipating Harry Kane retaining his Golden Boot, though others may feel [...]
Dominic Raab asks Rishi Sunak to launch investigation into two bullying complaints November 16, 2022 Dominic Raab has written to the Prime Minister asking for an investigation into two bullying complaints made against him. The Deputy Prime Minister, Lord Chancellor and Justice Secretary said he would “fully cooperate” with the probe and welcomed “transparency”. This comes after he was notified of two separate complaints made against him from during his [...]
Home working with poor broadband costs UK £60bn per year November 14, 2022 Working from home with a poor broadband connection is costing the UK’s economy £60bn per year, according to a recent research. Figures from software company Actual Experience showed that technical issues with broadband – including delays and call dropouts – have led to an average loss of £1,000 per worker. IT issues created problems especially [...]
Exclusive: Expedia doubles down on London as it hunts for 120 new tech brains in the capital November 10, 2022 Travel tech firm Expedia Group is planning to expand its UK operations by recruiting candidates for around 120 predominantly tech-focused roles at its London base as the travel industry rebound continues, City A.M. can reveal. London is one of the group’s tech hubs outside the US, with close to half of all employees in the [...]
Young’s declares City heartland back in business as pub sales up 11 per cent November 10, 2022 Pub operator Young’s has said its Square Mile sites are bustling with office workers and tourists once more, as it declares central London back in business. Sales in the City – which has seen hospitality venues hammered hard by home-working trends and Covid lockdowns in recent years – were up 11.1 per cent in recent [...]
Finalist November 9, 2022 Start-up of the Year supported by World Mobile Swash Swash is reinventing data ownership through new incentivisation streams and a collaborativedevelopment framework, governed by the ethos of Web 3. It enables individuals, developers, and businesses to cultivate new realities of data ownership and value creation. It is the largest data unionin the market with over [...]
City Moves: Who’s switching jobs in the Square Mile? November 9, 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. Redmill Solutions Media planning and data management solutions firm Redmill Solutions has appointed a new global head of commercial, as the firm seeks to expand into new markets. Shirlene Chandrapal, who brings more than two decades experience [...]
Facebook owner Meta gears up for mass job cuts November 7, 2022 Things seem to go from bad to worse for Meta, with the Facebook owner gearing up to announce mass layoffs this week. Sources told the Wall Street Journal that thousands of jobs are set to be culled, as the firm fends off the wider tech sell-off and slowing advertising spend. Meta declined to comment on [...]
Compelling Rugby World Cup shows the women’s game is entering golden era November 7, 2022 This Rugby World Cup has set new standards for women’s rugby. Two exceptional and competitive semi-finals, which set up this weekend’s final between England and New Zealand, reflected a tournament that has proven the women’s game is a tremendous spectacle of fantastic players. Matches are compelling and fluid. Scrums and lineouts are completed quickly, there [...]
Home sellers in for a shock as house prices drop across UK and overall growth slows November 7, 2022 House prices across Britain recorded the biggest monthly fall in October since early 2021, according to an index out this a.m. The average property value fell by 0.4 per cent, marking the third month-on-month drop seen in the past four months, Halifax said. The latest month-on-month decrease follows monthly falls of 0.1 per cent in [...]