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LATEST NEWS
Deadly black fungus outbreak declared an epidemic as cases climb to 12,000 in Covid-hit India. Michiel Willems. DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company.THE QUEEN'S AWARD
The Queen’s Awards for Enterprise are the blue ribbon of UK business awards. Presented for outstanding achievement in the categories of, innovation, international trade, sustainable development JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DARREN PARKIN, AUTHOR AT CITYAM : CITYAM Bitcoin falls below $40k as alarm bells ring over a potential washout. Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip BA BOSS DEMANDS US GO ON TRAVEL GREEN LIST AS HANCOCK The London to New York route is one of the most competitive in the world, but traffic has all but dried up since the Covid-19 pandemic (Getty Images) The CEO of British Airways has called for the THE FUTURE OF COMMERCIAL PROPERTY POST-COVID From a pre-Covid normal rent collection rate of approximately 99%, our rent collection statistics have been reasonably strong in the Covidenvironment
NEW IMMUNE DRUG MAY BE AIDS CURE AS HIV TRIAL SHOWS 97 PER A human trial to test a new immune drug capable of fighting off HIV infections has led to a 97 per cent success rate, according to scientists at Scripps Research in San Diego, California. HIGH COURT GIVES VIRGIN ACTIVE CVA GREEN LIGHT IN FURTHER High Court gives Virgin Active CVA green light in further blow for landlords. It comes after the court gave New Look the green light to press ahead with its restructuring plan earlier this week CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M.LATEST NEWS
Deadly black fungus outbreak declared an epidemic as cases climb to 12,000 in Covid-hit India. Michiel Willems. DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company.THE QUEEN'S AWARD
The Queen’s Awards for Enterprise are the blue ribbon of UK business awards. Presented for outstanding achievement in the categories of, innovation, international trade, sustainable development JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DARREN PARKIN, AUTHOR AT CITYAM : CITYAM Bitcoin falls below $40k as alarm bells ring over a potential washout. Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip THE FUTURE OF COMMERCIAL PROPERTY POST-COVID From a pre-Covid normal rent collection rate of approximately 99%, our rent collection statistics have been reasonably strong in the Covidenvironment
BA BOSS DEMANDS US GO ON TRAVEL GREEN LIST AS HANCOCK The London to New York route is one of the most competitive in the world, but traffic has all but dried up since the Covid-19 pandemic (Getty Images) The CEO of British Airways has called for the NEW IMMUNE DRUG MAY BE AIDS CURE AS HIV TRIAL SHOWS 97 PER A human trial to test a new immune drug capable of fighting off HIV infections has led to a 97 per cent success rate, according to scientists at Scripps Research in San Diego, California. HIGH COURT GIVES VIRGIN ACTIVE CVA GREEN LIGHT IN FURTHER High Court gives Virgin Active CVA green light in further blow for landlords. It comes after the court gave New Look the green light to press ahead with its restructuring plan earlier this week G7 CORONAVIRUS VACCINE PLEDGE: HOW FAR DOES IT STRETCH 8 hours ago · Leaders of the G7 countries will unveil a pledge to donate 1bn coronavirus vaccines to poorer nations at the 2021 summit in Cornwall. The pledge is part of a plan to “vaccinate the world”by
HOSPITALITY SHARES SLIP AMID FREEDOM DAY DELAY SPECULATION 9 hours ago · Wagamama owner The Restaurant Group has been battered by the pandemic and is burning through £5.5m a month. A host of hospitality firms saw share prices slide on JOHNSON CONFIRMS WORK FROM HOME ADVICE SET TO BE SCRAPPED Boris Johnson has confirmed the government will scrap its work from home advice on 21 June if its roadmap out of Covid restrictions goes to plan. The Prime Minister told MPs today that he is 'FREEDOM DAY' COULD BE DELAYED BY UP TO FOUR WEEKS 15 hours ago · Freedom day' on the 21st of June could be delayed by up to four weeks, as ministers study data about new cases of the Delta variant. (AFP via Getty Images) The ISLE OF MAN OPENS LICENCE APPLICATIONS FOR NEW CANNABIS 16 hours ago · The global cannabis market is forecast to account for $82.19bn by 2027. (Photo by Lauren DeCicca/Getty Images) The Isle of Man Government has opened licence applications for EU LOOKING INTO REPORTS OF RARE NERVE DISORDER AFTER Jessica Clark and Poppy Wood. The EU’s medicines regulator is investigating reports of a rare nerve-degenerating disorder in people who have received Astrazeneca’s Covid-19 vaccine, it DANISH BIOTECH FIRM JOINS MEME STOCK RANKS AFTER SHARE 7 hours ago · Orphazyme, which specialises in heat shock protein response for the treatment of rare diseases, has seen a sudden surge in its share price (Getty GB NEWS TAKES ON LBC WITH RADIO STATION LAUNCH 12 hours ago · The deal with telecoms infrastructure giant Arqiva would allow GB News Radio to reach 91 per cent of households across the UK. The launch will create a major new rival to LBC, the talkradio
US INFLATION RATE CLIMBS AT FASTEST PACE SINCE 2008 1 day ago · US inflation has soared to the fastest annual rate since the financial crisis, fuelling concerns of early policy tightening by the Fed. The Labor Department said its consumer price index (CPI SPACE TECH INVESTOR SERAPHIM ANNOUNCES PLANS FOR LONDON 18 hours ago · The fund, which also has PlanetWatchers, Altitude Angel and AST in its portfolio, was founded five years ago by Mark Boggett, its chief executive, James Bruegger and Rob Desborough. CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M. EU NOT NEEDED: GERMANY, FRANCE AND ITALY VYING FOR POST EU not needed: Germany, France and Italy vying for post-Brexit deals with UK. The EU’s three biggest countries – France, Italy and Germany – have started negotiations with the UK aimed atTHE QUEEN'S AWARD
The Queen’s Awards for Enterprise are the blue ribbon of UK business awards. Presented for outstanding achievement in the categories of, innovation, international trade, sustainable development JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company. FORMER LORD MAYOR OF LONDON SIR ROGER GIFFORD PASSES AWAY The well-known London banker and 685th Lord Mayor of London, Sir Roger Gifford, has passed away at the age of 65. Gifford served as UK headof
BA BOSS DEMANDS US GO ON TRAVEL GREEN LIST AS HANCOCK The London to New York route is one of the most competitive in the world, but traffic has all but dried up since the Covid-19 pandemic (Getty Images) The CEO of British Airways has called for the DARREN PARKIN, AUTHOR AT CITYAM : CITYAM Bitcoin falls below $40k as alarm bells ring over a potential washout. Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip CARILLION LIQUIDATORS SECURE FUNDING TO TAKE KPMG TO COURT Carillion collapsed in early 2018 with liabilities of almost £7bn. Carillion’s liquidators have secured a £250m funding deal with a litigation funder to take KPMG to court for audit failures NEW IMMUNE DRUG MAY BE AIDS CURE AS HIV TRIAL SHOWS 97 PER A human trial to test a new immune drug capable of fighting off HIV infections has led to a 97 per cent success rate, according to scientists at Scripps Research in San Diego, California. CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M. EU NOT NEEDED: GERMANY, FRANCE AND ITALY VYING FOR POST EU not needed: Germany, France and Italy vying for post-Brexit deals with UK. The EU’s three biggest countries – France, Italy and Germany – have started negotiations with the UK aimed atTHE QUEEN'S AWARD
The Queen’s Awards for Enterprise are the blue ribbon of UK business awards. Presented for outstanding achievement in the categories of, innovation, international trade, sustainable development JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company. FORMER LORD MAYOR OF LONDON SIR ROGER GIFFORD PASSES AWAY The well-known London banker and 685th Lord Mayor of London, Sir Roger Gifford, has passed away at the age of 65. Gifford served as UK headof
BA BOSS DEMANDS US GO ON TRAVEL GREEN LIST AS HANCOCK The London to New York route is one of the most competitive in the world, but traffic has all but dried up since the Covid-19 pandemic (Getty Images) The CEO of British Airways has called for the DARREN PARKIN, AUTHOR AT CITYAM : CITYAM Bitcoin falls below $40k as alarm bells ring over a potential washout. Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip CARILLION LIQUIDATORS SECURE FUNDING TO TAKE KPMG TO COURT Carillion collapsed in early 2018 with liabilities of almost £7bn. Carillion’s liquidators have secured a £250m funding deal with a litigation funder to take KPMG to court for audit failures NEW IMMUNE DRUG MAY BE AIDS CURE AS HIV TRIAL SHOWS 97 PER A human trial to test a new immune drug capable of fighting off HIV infections has led to a 97 per cent success rate, according to scientists at Scripps Research in San Diego, California. GOVERNMENT RAN SECRET CORONAVIRUS OUTBREAK EXERCISE FIVE 12 hours ago · The UK government ran a secret exercise mimicking the outbreak of a Covid-like virus outbreak in 2016. Exercise Alice, as the project was called, THOUSANDS OF BA STAFF GO BACK ON FURLOUGH : CITYAM 8 hours ago · Thousands of British Airways (BA) staff are being put back onto the furlough scheme as the wait for a meaningful return of international travel continues. UK PLEDGES TO SHARE 100M CORONAVIRUS VACCINES GLOBALLY Ahead of the G7 summit, prime minister Boris Johnson today announced the UK will donate 100m surplus coronavirus vaccines worldwide within the next year. 80m doses will be supplied to AUTO TRADER DOUBLES DOWN ON DIGITAL OFFERING AMID PANDEMIC 18 hours ago · Car buyers using Auto Trader’s platform has hit record levels, the group said this morning, as it bolstered its online offering after the pandemic pushed the pedal on the digital sphere. CHEAP PCR TESTS: WHERE TO GET THEM AND WHAT YOU The best way to book your PCR is to find out if your airline or travel agent has any links to testing companies. British Airways is offering hugely discounted rates for tests with government US INFLATION RATE CLIMBS AT FASTEST PACE SINCE 2008 10 hours ago · US inflation has soared to the fastest annual rate since the financial crisis, fuelling concerns of early policy tightening by the Fed. The Labor Department said its consumer priceindex (CPI
UK AND US DOUBLE DOWN ON TECH COLLABORATION AMID CHINA 6 hours ago · The UK and the US today agreed to deepen ties in science and tech innovation, as the West looks to stave off growing competition from China. As part MAKING A PLAN FOR YOUR MENTAL FITNESS A solid strategy for wellbeing and mental health could prove vital for easing your path back to the workplace. This article first appeared in ICAS’ CA magazine. As the UK opens up to yet another G7 SUMMIT: WHAT BORIS JOHNSON WANTS TO ACHIEVE IN CORNWALL 1 day ago · The G7 summit in Cornwall will be Boris Johnson's chance to show the western world that the UK can maintain its global statuspost-Brexit.
MORGAN STANLEY PUSHES FURTHER INTO THE CLOUD VIA NEW Morgan Stanley pushes further into the cloud via new Microsoft partnership. Morgan Stanley and Microsoft today announced a cloud partnership to accelerate the bank’s IT CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M.LATEST NEWS
Deadly black fungus outbreak declared an epidemic as cases climb to 12,000 in Covid-hit India. Michiel Willems. VIETNAM IDENTIFIES NEW HYBRID OF INDIAN AND KENT COVID-19 Vietnam has discovered a new variant that appears to be a hybrid of the Indian and Kent variants. (Getty Images) Authorities in Vietnam have discovered a new variant of Covid-19 that is a MORGAN STANLEY PUSHES FURTHER INTO THE CLOUD VIA NEW Morgan Stanley and Microsoft today announced a cloud partnership to accelerate the bank’s IT improvements and explore the application ofthe
JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company. DARREN PARKIN, AUTHOR AT CITYAM : CITYAM Bitcoin falls below $40k as alarm bells ring over a potential washout. Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip BDO BECOMES LATEST AUDITOR TO TELL STAFF TO WORK WHERE BDO becomes latest auditor to tell staff to work where they like. Home working has been widely adopted during the pandemic and could be here to stay for many employees. BDO has told staff to LONDON CORONAVIRUS CASES: NUMBER OF COVID-19 INFECTIONS IN London has seen a sharp drop in the number of recorded coronavirus cases over the past few days, after figures released on Friday showed the capital currently has JOHNSON CONFIRMS WORK FROM HOME ADVICE SET TO BE SCRAPPED Boris Johnson has confirmed the government will scrap its work from home advice on 21 June if its roadmap out of Covid restrictions goes to plan. The Prime Minister told MPs today that he is CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M.LATEST NEWS
Deadly black fungus outbreak declared an epidemic as cases climb to 12,000 in Covid-hit India. Michiel Willems. VIETNAM IDENTIFIES NEW HYBRID OF INDIAN AND KENT COVID-19 Vietnam has discovered a new variant that appears to be a hybrid of the Indian and Kent variants. (Getty Images) Authorities in Vietnam have discovered a new variant of Covid-19 that is a MORGAN STANLEY PUSHES FURTHER INTO THE CLOUD VIA NEW Morgan Stanley and Microsoft today announced a cloud partnership to accelerate the bank’s IT improvements and explore the application ofthe
JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company. DARREN PARKIN, AUTHOR AT CITYAM : CITYAM Bitcoin falls below $40k as alarm bells ring over a potential washout. Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip BDO BECOMES LATEST AUDITOR TO TELL STAFF TO WORK WHERE BDO becomes latest auditor to tell staff to work where they like. Home working has been widely adopted during the pandemic and could be here to stay for many employees. BDO has told staff to LONDON CORONAVIRUS CASES: NUMBER OF COVID-19 INFECTIONS IN London has seen a sharp drop in the number of recorded coronavirus cases over the past few days, after figures released on Friday showed the capital currently has JOHNSON CONFIRMS WORK FROM HOME ADVICE SET TO BE SCRAPPED Boris Johnson has confirmed the government will scrap its work from home advice on 21 June if its roadmap out of Covid restrictions goes to plan. The Prime Minister told MPs today that he is EDITIONS - CITYAM : CITYAM London's Business Newspaper. This field is for validation purposes and should be left unchanged. OXFORD INSTRUMENTS REVENUE FLAT AS ASIA AND US GROWTH 6 hours ago · The company, which was the first technology business to be spun out from Oxford University and is now listed on the FTSE250 index, posted a
BUSINESS CONFIDENCE SOARS TO SEVEN-YEAR HIGH AMID VACCINE 1 day ago · Business confidence is at a seven-year high, largely down to the success of the vaccine rollout. Business confidence in May hit its highest point since June 2014, driven by the rollout of the US RECOVERS $2.3M FROM COLONIAL PIPELINE RANSOMWARE ATTACK 17 hours ago · US authorities today said they had recovered around $2.3m (£1.6m) in cryptocurrency from the ransomware attack on the Colonial Pipeline. US BDO BECOMES LATEST AUDITOR TO TELL STAFF TO WORK WHERE BDO becomes latest auditor to tell staff to work where they like. Home working has been widely adopted during the pandemic and could be here to stay for many employees. BDO has told staff toCRYPTO ARCHIVES
Crypto dopamine levels plummet - time for the real world. Crypto AM: Tip Toe Through The Crypto With Monty Munford | Contributor. TradingView Chart Widget. BTCUSD. 1 m. 30 m. 1 h. D. Compare. JOHANNA KYRKLUND: TIME TO SLOW DOWN (BUT NOT TOO MUCH 1 day ago · Right now, equity valuations suggest it’s time to slow down in markets, but you can’t take your foot too far off the gas due to the dearth of more defensive options. LONDON'S FUTURE PROSPERITY DEPENDS ON A SUSTAINABLE FUTURE 1 day ago · TfL's funding settlement is crucial to London's future (Photo by Hollie Adams/Getty Images) News of the latest financial support package for Transport for ARCELORMITTAL 'AWAITS EU APPROVAL' FOR LIBERTY STEEL 22 hours ago · The EU is currently examining steel giant ArcelorMittal's bid for Liberty Steel's French assets at Hayange and Ascovel, it was reported today. APPLE EMPLOYEES HIT BACK OVER RETURN TO THE OFFICE 21 hours ago · Apple employees are pushing back against chief executive Tim Cook’s plans for a widespread return to the office. In a company-wide memo last CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M.LATEST NEWS
Deadly black fungus outbreak declared an epidemic as cases climb to 12,000 in Covid-hit India. Michiel Willems. VIETNAM IDENTIFIES NEW HYBRID OF INDIAN AND KENT COVID-19 Vietnam has discovered a new variant that appears to be a hybrid of the Indian and Kent variants. (Getty Images) Authorities in Vietnam have discovered a new variant of Covid-19 that is a MORGAN STANLEY PUSHES FURTHER INTO THE CLOUD VIA NEW Morgan Stanley and Microsoft today announced a cloud partnership to accelerate the bank’s IT improvements and explore the application ofthe
JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company. DARREN PARKIN, AUTHOR AT CITYAM : CITYAM Bitcoin falls below $40k as alarm bells ring over a potential washout. Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip BDO BECOMES LATEST AUDITOR TO TELL STAFF TO WORK WHERE BDO becomes latest auditor to tell staff to work where they like. Home working has been widely adopted during the pandemic and could be here to stay for many employees. BDO has told staff to LONDON CORONAVIRUS CASES: NUMBER OF COVID-19 INFECTIONS IN London has seen a sharp drop in the number of recorded coronavirus cases over the past few days, after figures released on Friday showed the capital currently has JOHNSON CONFIRMS WORK FROM HOME ADVICE SET TO BE SCRAPPED Boris Johnson has confirmed the government will scrap its work from home advice on 21 June if its roadmap out of Covid restrictions goes to plan. The Prime Minister told MPs today that he is CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M.LATEST NEWS
Deadly black fungus outbreak declared an epidemic as cases climb to 12,000 in Covid-hit India. Michiel Willems. VIETNAM IDENTIFIES NEW HYBRID OF INDIAN AND KENT COVID-19 Vietnam has discovered a new variant that appears to be a hybrid of the Indian and Kent variants. (Getty Images) Authorities in Vietnam have discovered a new variant of Covid-19 that is a MORGAN STANLEY PUSHES FURTHER INTO THE CLOUD VIA NEW Morgan Stanley and Microsoft today announced a cloud partnership to accelerate the bank’s IT improvements and explore the application ofthe
JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company. DARREN PARKIN, AUTHOR AT CITYAM : CITYAM Bitcoin falls below $40k as alarm bells ring over a potential washout. Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip BDO BECOMES LATEST AUDITOR TO TELL STAFF TO WORK WHERE BDO becomes latest auditor to tell staff to work where they like. Home working has been widely adopted during the pandemic and could be here to stay for many employees. BDO has told staff to LONDON CORONAVIRUS CASES: NUMBER OF COVID-19 INFECTIONS IN London has seen a sharp drop in the number of recorded coronavirus cases over the past few days, after figures released on Friday showed the capital currently has JOHNSON CONFIRMS WORK FROM HOME ADVICE SET TO BE SCRAPPED Boris Johnson has confirmed the government will scrap its work from home advice on 21 June if its roadmap out of Covid restrictions goes to plan. The Prime Minister told MPs today that he is EDITIONS - CITYAM : CITYAM London's Business Newspaper. This field is for validation purposes and should be left unchanged. G7: BUILDING BACK BETTER WILL NEED A TRULY GLOBAL APPROACH 1 day ago · LONDON, ENGLAND - JUNE 05: EU Economy Commissioner Paolo Gentiloni, Eurogroup President Paschal Donohoe, World Bank President David Malpass, Italian Finance Minister Daniele Franco, French Finance US RECOVERS $2.3M FROM COLONIAL PIPELINE RANSOMWARE ATTACK 13 hours ago · US authorities today said they had recovered around $2.3m (£1.6m) in cryptocurrency from the ransomware attack on the Colonial Pipeline. US BUSINESS CONFIDENCE SOARS TO SEVEN-YEAR HIGH AMID VACCINE 1 day ago · Business confidence is at a seven-year high, largely down to the success of the vaccine rollout. Business confidence in May hit its highest point since June 2014, driven by the rollout of the BDO BECOMES LATEST AUDITOR TO TELL STAFF TO WORK WHERE BDO becomes latest auditor to tell staff to work where they like. Home working has been widely adopted during the pandemic and could be here to stay for many employees. BDO has told staff to LONDON'S FUTURE PROSPERITY DEPENDS ON A SUSTAINABLE FUTURE 1 day ago · TfL's funding settlement is crucial to London's future (Photo by Hollie Adams/Getty Images) News of the latest financial support package for Transport for HOUSE PRICES CLIMB ANOTHER £3,000 TO NEW RECORD HIGH AS 1 day ago · House prices in the UK rose against last month by around 3,000, bringing the average house price up to a record high of 261,743. May’s 1.3 per cent price increase means the average homein
CRYPTO ARCHIVES
Crypto dopamine levels plummet - time for the real world. Crypto AM: Tip Toe Through The Crypto With Monty Munford | Contributor. TradingView Chart Widget. BTCUSD. 1 m. 30 m. 1 h. D. Compare. JOHANNA KYRKLUND: TIME TO SLOW DOWN (BUT NOT TOO MUCH 1 day ago · Right now, equity valuations suggest it’s time to slow down in markets, but you can’t take your foot too far off the gas due to the dearth of more defensive options. ARCELORMITTAL 'AWAITS EU APPROVAL' FOR LIBERTY STEEL 18 hours ago · The EU is currently examining steel giant ArcelorMittal's bid for Liberty Steel's French assets at Hayange and Ascovel, it was reported today. CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M.LATEST NEWS
London's Business Newspaper. This field is for validation purposes and should be left unchanged. VIETNAM IDENTIFIES NEW HYBRID OF INDIAN AND KENT COVID-19 Vietnam has discovered a new variant that appears to be a hybrid of the Indian and Kent variants. (Getty Images) Authorities in Vietnam have discovered a new variant of Covid-19 that is a MORGAN STANLEY PUSHES FURTHER INTO THE CLOUD VIA NEW Morgan Stanley and Microsoft today announced a cloud partnership to accelerate the bank’s IT improvements and explore the application ofthe
JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company. DARREN PARKIN, AUTHOR AT CITYAM : CITYAM About Darren Parkin. Highly experienced senior editor, award-winning journalist and broadcaster. BDO BECOMES LATEST AUDITOR TO TELL STAFF TO WORK WHERE BDO has told staff to decide where they would like to work post-pandemic, in a move that adopts a more flexible model than someof its rivals.
LONDON CORONAVIRUS CASES: NUMBER OF COVID-19 INFECTIONS IN London has seen a sharp drop in the number of recorded coronavirus cases over the past few days, after figures released on Friday showed the capital currently has JOHNSON CONFIRMS WORK FROM HOME ADVICE SET TO BE SCRAPPED Boris Johnson has confirmed the government will scrap its work from home advice on 21 June if its roadmap out of Covid restrictions goes to plan. The Prime Minister told MPs today that he is CITY A.M. | LONDON'S BUSINESS NEWSPAPER Latest UK and World business and finance news - including breaking economic and political news, comment and analysis from City A.M.LATEST NEWS
London's Business Newspaper. This field is for validation purposes and should be left unchanged. VIETNAM IDENTIFIES NEW HYBRID OF INDIAN AND KENT COVID-19 Vietnam has discovered a new variant that appears to be a hybrid of the Indian and Kent variants. (Getty Images) Authorities in Vietnam have discovered a new variant of Covid-19 that is a MORGAN STANLEY PUSHES FURTHER INTO THE CLOUD VIA NEW Morgan Stanley and Microsoft today announced a cloud partnership to accelerate the bank’s IT improvements and explore the application ofthe
JOHN MCAFEE FACES DYING IN PRISON FOR THE SAME THING ELON Janice McAfee says her husband faces the prospect dying behind bars for allegedly doing what Elon Musk is doing on Twitter “with impunity”. John McAfee was DEUTSHE BANK MULLS DITCHING EY AS AUDITOR FOLLOWING Deutshe Bank is inviting firms to compete for its 2020 audit just two years after hiring EY to replace KPMG, in a move that could see EY ditched in favour of another company. DARREN PARKIN, AUTHOR AT CITYAM : CITYAM About Darren Parkin. Highly experienced senior editor, award-winning journalist and broadcaster. BDO BECOMES LATEST AUDITOR TO TELL STAFF TO WORK WHERE BDO has told staff to decide where they would like to work post-pandemic, in a move that adopts a more flexible model than someof its rivals.
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THE DECLINE OF FARMERS AND THE DEMISE OF THE 'KNOCKER-UPPER' - HISTORY'S LESSON ON AUTOMATION Monday 2 March 2020 12:45 pm FTSE 100 RESHUFFLE: THE FIVE STOCKS AT RISK OF FALLING OUT OF LONDON’S BLUE-CHIP LIST*
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James Warrington
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Supermarket chain Morrisons, B&Q owner Kingfisher and travel agent Tui are among the companies at risk as the FTSE braces for a reshufflethis week.
The next quarterly shake-up is due to be announced on Wednesday, based on closing prices tomorrow. READ MORE: Coronavirus live: OECD global growth warning reverses FTSE100 gains
NMC Health, which is facing a probe into its finances by the City watchdog and had its shares suspended last week, is all but certain to drop out of the blue-chip index. Helal Miah, investment research analyst at The Share Centre, said he “could not recall such a clear-cut relegation as NMC Health”. “To survive the dropout, NMC would need to rally by 250 per cent in the next couple of weeks which is highly unlikely given the current mess at the Middle Eastern healthcare provider,” he added. Morrisons and Kingfisher, which have valuations of £4.2bn and £3.8bn respectively, have also been tipped as potential victims of thereshuffle.
It would mark the latest blow to the UK high street after Marks & Spencer was ousted from the FTSE 100 in September, and would leave only four retailers in the benchmark index. German travel agent Tui, which has been hit by the coronavirus outbreak, could also be ejected from the index. Richard Hunter, head of markets at Interactive Investors, said the virus “will certainly mean relegation unless there is a sharp improvement in fortunes overnight”. Analysts also cast doubts over FTSE 100 stalwart Pearson, which has faced a tough transition to digital products amid a decline in demand for educational textbooks. The company has doubled down on its online products and sold off non-core assets, including the Financial Times and its stake in Penguin Random House. “None of this has done much to halt the gradual decline in the share price and the 2019 results published in February accompanied by a profit warning may be its last act as a member of the FTSE 100,”Miah said.
Among the candidates for promotion are miner Fresnillo, which has a market capitalisation of £4.5bn, and asset manager IntermediateCapital.
Newcastle-based housebuilder Bellway, gambling firm GVC and utilities firm Pennon Group are also thought to be in the running. READ MORE: FTSE 100 loses more than £200bn after worst week since 2008 as coronavirus fears grip global markets Hunter said the next 24 hours of trading could be crucial in determining the winners and losers of the reshuffle, with recent market volatility throwing numerous firms into the mix. “This could mean that the March reshuffle results in the most competitive race for a seat at the top table in some considerabletime,” he said.
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