By Nicholas Earl The UK’s electricity supply could be tight at times this winter but there should be sufficient supplies to meet demand, revealed the body tasked with balancing the country’s grid. In its latest report ahead of winter, the National Grid…
Trade unions challenge government’s strike breaking law
By Louis Goss A COALITION of trade unions have launched a legal challenge against the government, over claims its new law, allowing companies to bring in agency workers as strikebreakers, breaches the European Convention of Human Rights (ECHR) and viol…
TfL ask for more time to look at “very complex” Whitehall funding arrangement
By Andy Silvester TRANSPORT for London chiefs have asked for more time to look at the detail of a long-term funding deal from central government. Late last Friday evening the Department for Transport sent the body a proposal which would bring to an end…
Exclusive: Pro-democracy activist Nathan Law labels HSBC a ‘cheerleader’ for Chinese Communist Party
By Jack Barnett HSBC is “cheerleading” for the Chinese Communist Party’s (CCP) campaign to strip away Hong Kongers’ human rights, Nathan Law, a pro-democracy activist, told City A.M. today. Law, a former member of Hong Kong’s parliament, accused Britai…
Law Commission proposes major legal reforms for crypto
By Hamza Fareed Malik The Law Commission of England and Wales today published new proposals to reform the law around digital assets like crypto. The Commission highlighted the increasing importance of crypto and its numerous uses as it considered the p…
Rio Tinto slashes dividend in half as cooling iron ore demand weighs down profits
By Nicholas Earl Rio Tinto has suffered a 29 per cent drop in profits during the first six months of trading this year, amid weaker prices for iron ore as demand eased from top consumer China. The drop in earnings has caused the multinational miner to …
Harry Horsfall, founder and CEO of ZebuDigital
By Kimberly Butler From music festivals to DeFi conferences, Harry Horsfall is a force of nature. His energy levels are prestigious and much spoken of, his enthusiasm infectious and his clarion call of We are all going to make it or WAGMI – one of the …
US investors get the jitters as global market confidence plummets
By Charlie Conchie Investor confidence has plunged this month as rampant inflation and global political uncertainty continues to batter public markets, according to a survey of investor sentiment published today. Confidence has fallen across every regi…
Revenue dips for musicMagpie as pandemic boom fades and belts tightened
By Leah Montebello Revenue dipped for circular economy firm musicMagpie as squeezed wallets bite into profits and margins. In its interim results, the company posted a revenue of £71.3m, with growth in Consumer Technology largely offsetting the expecte…
City’s Leadenhall Street closed off after midnight fight leaves two in hospital, one arrested for affray
By Jack Mendel A fight in the heart of the square mile last night has caused the police to close Leadenhall Street during the morning rush hour. Two people were taken to hospital following the fight according to the City of London Police, which took pl…