Brits to face higher bills as Ofgem grapples with rising debts October 12, 2023 Households will be on the hook for Ofgem's plans to stabilise the energy sector to reduce the risk of suppliers going bust.
Interest rates: Wholesale inflation in US rises ahead of crucial consumer price data tomorrow October 11, 2023 US wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year-and-a-half of higher interest rates.
Exxon snaps up shale giant Pioneer in $60bn mega-deal October 11, 2023 Exxon agreed to buy rival Pioneer in an all-stock deal valued at $59.5bn that would make it the biggest producer in the largest US oilfield.
Scotland can ‘lead the way’ to Downing Street for Labour, Starmer to say October 10, 2023 Scotland “can lead the way” to a Labour government, Sir Keir Starmer is expected to tell his party’s conference in Liverpool. The Labour leader will address his party for the first time since their win in Rutherglen and Hamilton West last week, where new MP Michael Shanks got more than twice as many votes as [...]
Last orders: London sees highest number of pub closures out of any English region October 9, 2023 London has seen the highest number of pub closures out of any region in England, with a total of 46 haunts shuttering in the first half of the year, a new study has shown. Across the whole of the UK some 383 pubs were also permanently closed within the same period, according to new figures [...]
Where to watch the Rugby World Cup in London October 5, 2023 It is the final weekend of fixtures in the pool stages of this Rugby World Cup and bars and pubs across London are waiting to be graced with your presence. Here’s where City A.M. are watching this weekend. Tyrwhitt Arms Charles Tyrwhitt, whose ambassadors include former England internationals Matt Dawson and Jason Robinson, occasionally open [...]
FTSE 100 close: London markets close higher after sliding for three days straight October 5, 2023 London’s FTSE 100 jumped into the green on Thursday, following three days where the capital’s blue-chip index slid. The FTSE 100 climbed 0.53 per cent to close at 7,451.54 while the FTSE 250 ended 0.61 per cent higher at 17,599.98 The FTSE’s gains came despite data showing a stronger than expected labour market in the [...]
Rio pins recovery hopes on mega Simandou iron ore project amid share price blows October 5, 2023 Could revive Rio Tinto's long-held ambitions of mining the world's largest untapped supply of high-grade iron ore revive its share price?
Taxes have never been so high but it’s still not enough for some October 4, 2023 While tax levels reach a historic highs and public spending soars, public sector workers are striking for more pay. Paul Ormerod argues that we've forgotton who pays for those salary increases.
Increasing geopolitical fragmentation putting energy transition at risk, IMF warns October 3, 2023 Geopolitical fragmentation could send the price of crucial commodities soaring, putting further pressure on the global economy’s net zero targets.