Revolut achieves $45bn valuation in employee share sale August 16, 2024 Revolut has cemented its position as Europe's most valuable private technology company after securing a $45bn (£34.9bn) valuation in a share sale by employees.
One in three delay buying new home as high costs and interest rates bite August 14, 2024 The saga of first-time buyers trying to get on the UK housing ladder is long and well documented. High interest rates, rising costs and rents which swallow up more than a third of wages – in some parts of the country – have meant that around one in three people have delayed their purchase of [...]
Electric Moke review: driving a reborn icon of the Swinging Sixties August 14, 2024 Question: what do The Beatles, Madonna, George Russell, Jennifer Lopez, The Beach Boys, Cher, Hunter S Thompson, Brigitte Bardot and Kate Moss all have in common? The answer, obviously, is that they have all been pictured in a Moke. First launched in 1964, the Moke simultaneously stuck two fingers up to fashion while being embraced [...]
Carpetright owed almost £350m when it collapsed into administration August 14, 2024 Carpetright owed almost £350m when it collapsed into administration with the loss of more than 1,500 jobs before being rescued, it has been revealed. The Essex-headquartered carpet and tiling retailer was acquired by rival Tapi in July in a move that saved the jobs of more than 300 people and 54 stores. At the time [...]
Amazon Prime top of the table to bag Liverpool documentary rights August 14, 2024 Amazon Prime are in pole position to pick up the UK rights for the Liverpool documentary based on Jurgen Klopp’s last six months at Anfield. City A.M. has learned that Amazon have entered advanced negotiations with the club and production company Lorton Entertainment to show the documentary, which was filmed over the second half of [...]
Could data save the NHS? August 14, 2024 If we want a better future for the NHS, we need a collective commitment to ethical, transparent and innovative data practices, says Sir Nigel Shadbolt
Work from home culture may damage the future of sport branding August 13, 2024 Has the phenomenon of working from home damaged the way sports brands can reach their audiences? Joe Langsworthy investigates. Sport in 2024 has never been more accessible. Yet watching our favourite pastimes live in stadiums, arenas and other venues remains out of reach to millions. Recently, Sir Lewis Hamilton condemned the rising prices of tickets [...]
Tory leadership race: Who is standing to be leader of the Conservative Party? August 13, 2024 Following Labour’s election victory on July 4, Rishi Sunak announced he would be standing down as leader of the Conservative Party. So, the race is on to find out who the next leader of the opposition will be, chosen by Tory MPs and party members. We’ve rounded up all the contenders, who will be whittled [...]
John Lewis to make redundancies as major store changes announced August 13, 2024 Department store giant John Lewis is to cut more than 150 jobs as it unveiled a major restructuring plan to its partners. The company is to reduce its headcount by 153 roles, about one per cent of its current workforce, which it hopes to achieve by natural attrition and voluntary redundancies. The news was first [...]
Banksy: City of London moves art installation to Guildhall so it’s ‘properly protected’ August 13, 2024 The City of London has moved an installation from mysterious artist Banksy to protect it and allow the public to view it. On Monday, a City of London sentry box appeared with artwork, depicting piranhas in a fishtank, in the heart of the Square Mile, by Ludgate Hill. Commuters and onlookers were seen taking pictures [...]