By Matt Hardy At the weekend 30,000 fans crammed into Birmingham’s Alexander Stadium for a Saturday evening session of athletics. On show were British superstars Keely Hodgkinson, Laura Muir and Zharnel Hughes. But the loudest cheer of the night was fo…
Merge UK’s financial services regulators into one body, says Tory think tank
By Stefan Boscia The government should consider merging the UK’s several financial services regulators into one body post-Brexit, an influential Tory think tank has said. A new report from the centre-right Policy Exchange, which was founded by Michael …
Thames Water stops short of hosepipe ban but urges customers to ‘use water wisely’
By Nicholas Earl The UK’s largest water provider has stopped short of announcing a hosepipe ban, but has not ruled out bringing in the measure if the latest drought continues. Thames Water has urged its 15m customers to conserve supplies, with the coun…
Dominic Raab weighs up plans for further barriers to judicial reviews
By Louis Goss Justice secretary Dominic Raab is considering introducing new measures to make it harder to challenge government decisions via judicial reviews, leaked documents seen by the Guardian show. The plans could also see judges subject to new mo…
Apple asks Taiwan suppliers to label products as ‘Made in China’
By Ilena Ilardo Apple yesterday asked Taiwan-based suppliers to use the ‘made in China’ label, as the firm reportedly wants products to comply with Bejing rule in a bid to avoid disruption from Chinese customs inspections. According to Nikkei, the comp…
Premier League: Haaland shines for City while Man United get wake-up call
By Matt Hardy Only one club have managed to win three Premier League titles back-to-back – Manchester United, twice – but Manchester City made the perfect start in their bid to be the second club to do so when Erling Haaland became the second City play…
Distributor passes on £280m in higher energy prices to cover market carnage
By Nicholas Earl The UK’s biggest electricity distributor has passed on hundreds of millions of pounds in higher prices to energy users to cover the cost of a wave of failed energy suppliers during the industry crisis. UK Power Networks, which controll…
Workers give Amazon until Wednesday to present improved offer after Tilbury strike
By Ilaria Grasso Macola Workers have given Amazon until Wednesday to present an improved pay offer after staff walked out last week over salaries, City A.M. understands. Around 450 workers at the Tilbury warehouse went on strike on Wednesday night and …
Steaming US jobs market raises risk of another jumbo Fed rate hike
By Jack Barnett The US jobs market is still steaming despite the world’s biggest economy wobbling under the weight of soaring inflation and higher interest rates, figures published last week showed. America added 528,000 jobs in July, pushing the unemp…
Boost financial education to nurture young investors, says London Stock Exchange boss
By Charlie Conchie The boss of the London Stock Exchange has called for better financial education in schools to prevent a generation of young investors being shut out of capital markets. Julia Hoggett, who was appointed to head the exchange last year,…