City AM

Amazon’s latest round of job cuts will affect hundreds of employees worldwide, City AM understands, as the tech giant continues to restructure its business following nearly 30,000 redundancies.

The Labour government’s £25bn hike in taxes paid by employers is not the main driver behind rising youth unemployment, a government minister told City AM.

The boss of Tesco has urged John Healey to reform the “fundamentally unfair” business rates system and avoid a so-called warehouse tax.

Peppa Pig maker Hasbro has struck a licensing deal with the Football Association that will see a new character, Libby Lioness, join the hit children’s animated TV show.

The hackers behind a threat to leak Asos customer data duped an employee by posing as a “trusted contact,” the fast-fashion group has said.

Shares in Standard Life fell sharply on Thursday as Aberdeen revealed it would sell half of its remaining stake in the company, less than ten years after the messy merger between the two investment firms.

If you are fortunate enough to become wealthy, you have obligations to the society that made that possible.

Leeds United could introduce AI-powered dynamic ticket pricing to increase revenue at the Premier League club, its chairman has said.

Queen Elizabeth I was feasting on roast goose on Michaelmas Day in 1588 when she first heard of Britain’s victory over the Spanish Armada.

Following the death of novelist and former political Jeffrey Archer, Eliot Wilson looks back at a complicated life At the beginning of October 1999, the election for the new post of Mayor of London was only seven months away.

The director of Ian Charleson’s 1989 National Theatre Hamlet production speaks to City AM about a long career in showbusiness, and how often national treasures have a dark side.

Elsinore at London Film Festival review: astonishing, devastating AIDS drama Despite the rise of stories depicting the epidemic more authentically, the horrors of AIDS are still underrepresented in film and TV.

London Watch Week and City AM have joined forces to bring an inaugural City destination event: LWW – The City Edition.

Big Four giant Deloitte has been fined £11m for failing to raise concerns about fraud in its statutory audits of the transport business, the Go-Ahead Group (GAG), which operates multiple train services across the UK.

Challenger sport and music station Track Radio is in talks to raise a further £3m in funding as it plots a marketing push and expansion of its DAB coverage.

Brits held off inquiring about buying new homes last month as fears over higher mortgage rates dampened the market.

Vodafone has hiked its UK cost-saving target to £1bn a year as the telecoms giant looks to boost profits following its merger with Three.

Student accommodation giant Unite has suffered another drop in property values as higher interest rates and weaker rental income continue to weigh on the FTSE 250 landlord.

Tesco failed to accelerate its sales growth in the first half of this year as the UK’s biggest supermarket warned an “uncertain external backdrop” was squeezing shoppers.

YouTube serves up live sport galore so why can’t the BBC do the same, with a more selective approach that fulfils its public service remit, asks Ed Warner.

Welcome back to City AM‘s FTSE 100 liveblog.

Britain’s workforce health crisis isn’t happening on sick leave; it’s happening at the desk, as employees are working through illness and stress.

Each week, we dig into the memory bank of the City’s great and good.

Party conference season has come to an end, having barely registered for most voters beyond an extra dose of politics on the news and in their feeds.

Once a symbol of Bacchanalian excess, the all-you-can-eat buffet seemed destined for the culinary dustbin.

With three times more Brits supporting increasing international rail services over expanding airports, connecting Stratford to Europe is a no-brainer, writes Sadiq Khan The story of the East End is one of total transformation.

An investment trust which holds shares in SpaceX has urged the City minister to overhaul the rule book to stop the “threat” of a notorious US activist hedge fund.

Badenoch is developing a coherent policy agenda, but without a plan for helping Nick, 30 ans, the Conservatives will remain a party only for the old, writes Joseph Dinnage I’m in a very bad place.

As quietcations surge, Alexandra Pereira connects with nature (and herself) deep in the French forest Driving through a grove of pine and beech in France’s Loire Valley, a giant dog around twelve feet tall greets me, and so does the overwhelming but rather

The more a constituency depends on welfare, the stronger the incentive for its MP to leave it alone, whichever party they sit for, writes Anne Strickland Politicians across the spectrum are now grappling with the fiscal legacy of decisions made over sever…

The UK jobs market is beginning to “flicker back to life,” a new report has said, after permanent and temporary placings inched up in the last month.

Retailers have urged John Healey to slash green policy costs from energy bills, warning that their electricity costs are set to soar by £440m this year.

Money market funds roared back to popularity last month, as investors continued to shun equities amid ongoing market uncertainty.

Virgin Media O2 has pushed back at claims it is paying around £200m to keep its name on the O2, as the heavily indebted telecoms group commits to another decade of one of Britain’s longest-running sponsorship deals.

Sensitive corporate data can be stolen through everyday workplace software without setting off traditional cyber defences, Darktrace has warned, after a breach at the Big Four giant exposed information linked to Goldman Sachs and Man Group.

Hotel Petra opened its doors last June, timed to coincide with Copenhagen’s 3daysofdesign festival.

Saudi Arabia remains keen to invest in sport despite scaling back funding for high-profile projects in golf, football and tennis, says the Public Investment Fund.

Royal Mail will cut as many as 2,500 jobs as part of a root-and-branch overhaul that the ailing postal service hopes will reduce its overheads at a time of dwindling usage and scrutiny over its delivery performance.

The chief executive of PwC UK said he expects the hiring of young people across the professional services sector to “push back up”, challenging the notion that AI is replacing junior work and slowing entry-level recruitment.

Fast-fashion giant Shein took in more than £2.5bn in UK revenue last year as it tightens its hold on British shoppers despite its IPO woes.

City AM meets the men who transformed the much-loved Simpsons Tavern into the new Cloth Cornhill How much can you fiddle with the recipe of… a sausage?

The billionaire Weston family has struck a deal to buy Boots for nearly $9bn, scuppering hopes that the high street giant could return to the London Stock Exchange.

Long gone are the days of life-long jobs and 30 year watches and thank goodness – job-hopping is a joy, writes Shazam-investor-turned-crime-bestseller-turned-play-director Ajay Chowdhury in today’s Notebook From Shazam to crime novels, the joys of job hop…

Europe has become Endeavor Catalyst’s fastest-growing market as the global venture fund begins deploying Fund V, an oversubscribed US$320 million fund announced today.

Andy Burnham’s pricey plans for nationalisation and greater public control of services have thrust Thames Water, housebuilders and the care sector under the microscope.

Arsenal’s owners believe they can become “the biggest brand in the world” after being stunned by the global celebrations which greeted their long-awaited Premier League triumph this year.

Clinisys, a global leader in laboratory informatics, today announced the expansion of its innovation portfolio with integrated document intelligence capabilities in Clinisys™ Laboratory Solution (CLS), helping laboratories capture, govern, search, and act…

Green bike conglomerate Lime is pumping nearly £1m into hundreds of new e-bike parking bays as it looks to tackle the pavement clutter that has accompanied London’s rental bike boom.

The Court of Appeal has overturned the fraud convictions of five former City traders previously convicted of Libor and Euribor-related offences.

Rathbones has secured a financial licence allowing it to begin operating in Ireland and the EU, as the wealth manager looks to extend its reach across Europe.