City A.M

Latest articles from City A.M

• Winter Gas Price Rally Unlikely Despite Recent Volatility

  Published 25 September 2023 | viewed 3,711 times

  Gas prices are still expected to stabilise heading into winter despite a recent rise in spot prices on European benchmarks, energy experts have said. The…

• Rishi Sunak Faces Heat As Labour Pushes Back On Petrol Policy Delay

  Published 21 September 2023 | viewed 1,751 times

  The Labour Party has pledged it would reinstate the ban on the sale of new petrol and diesel cars from 2030 if elected into government.…

• Electric Dream On Pause? UK's Fuel Car Ban Faces Delay

  Published 20 September 2023 | viewed 2,394 times

  Leading car manufacturers have urged the government to give clarity on its proposed row back on banning petrol and diesel cars, saying they’ve invested hundreds…

• Good Energy CEO: Price Cap Is Pushing Energy Bills Higher

  Published 19 September 2023 | viewed 1,908 times

  The price cap has been a “terrible public policy failure” which has driven up bills for customers, Good Energy chief executive Nigel Pocklington has warned.…

• UK Infrastructure Investment Is Falling Behind

  Published 15 September 2023 | viewed 1,433 times

  The UK has only been able to replace a third of public investment – and just an eighth of infrastructure investment – since leaving the…

• Rising Gasoline Prices Push August Consumer Price Index Higher

  Published 14 September 2023 | viewed 1,671 times

  US consumer prices increased by the most in more than a year in August amid a surge in the cost of gasoline, but a moderate…

• BMW Commits To UK With Multi-Million Pound Electric Mini Plant

  Published 11 September 2023 | viewed 864 times

  BMW has announced plans for a major multi-million-pound investment this morning in its electric Mini plant in Oxford, securing the long-term future of Mini production…

• Oil Prices Slip As Summer Travel Season Draws To An End

  Published 07 September 2023 | viewed 8,786 times

  Oil prices have dipped this morning as expectations of jet fuel demand ease as the summer travel period comes to an end, alongside continued concerns…

• G7 Price Cap Limits Russian Oil Revenue, But Moscow Has No Shortage Of Buyers

  Published 06 September 2023 | viewed 2,215 times

  Price caps on Russian oil and gas have managed to drive down oil revenues and keep prices in check for consumers, experts have suggested, even…

• Energy Price Uncertainty Looms Over British Households

  Published 05 September 2023 | viewed 1,533 times

  With Parliament back, both parties need to focus on what’s going to matter to voters in the next months: housing and energy prices will be…

• Russia: No New Grain Deal Until West Meets Demands

  Published 04 September 2023 | viewed 2,386 times

  President Vladimir Putin has said a deal that allowed Ukraine to export grain safely through the Black Sea will not be restored until the West…

• Air Traffic Chaos Exposes Crisis In The Skies

  Published 02 September 2023 | viewed 3,717 times

  “Looks like I picked the wrong week to give up drinking”, says Lloyd Bridges’ wizened air traffic controller Steve McCroskey in the 1980 disaster satire…

• Glencore Faces Legal Heat From Top Global Funds

  Published 31 August 2023 | viewed 2,159 times

  Shares in commodity giant Glencore dropped over four per cent in early trading this morning after it was revealed some of the world’s biggest investment…

• China's Involvement In Mega UK Wind Farm Sparks Controversy

  Published 30 August 2023 | viewed 2,034 times

  Conservative MPs have criticised the role of a Chinese private investment group in a new mega offshore wind farm that could power over one million…

• London’s Listing Exodus Threatens Its Status As Global Financial Hub

  Published 28 August 2023 | viewed 2,540 times

  London’s status as a global financial hub may not be at risk – yet – but its equity markets are certainly out of favour with…

• UK Energy Bills To Stay Elevated Until 2030, Predicts Cornwall Insight

  Published 25 August 2023 | viewed 1,314 times

  Energy bills will remain high this winter and well above normal levels, despite market watchdog Ofgem confirming a minor reduction in the price cap. The…

• Is China's High Investment-Led Growth Model Sustainable?

  Published 24 August 2023 | viewed 988 times

  Exports have slumped, growth has stalled, and the economy even slipped into deflation. The youth unemployment figures have become so bad that the government has…

• UK’s Energy Profits Levy Dents Harbour Energy’s Earnings

  Published 24 August 2023 | viewed 947 times

  Harbour Energy has suffered a billion-dollar swing in its balance sheet, posting an $8m loss for the first six months of trading this year –…

• Shell And BP's Green Commitments Questioned In Greenpeace Report

  Published 23 August 2023 | viewed 1,065 times

  Shell and BP are among 12 oil firms who have been accused of greenwashing over the amount of renewable and low-carbon energy they produce. Research…

• Rio Tinto And BHP Grapple With Market Dynamics In Mining Sector

  Published 23 August 2023 | viewed 2,504 times

  The company has now slashed it dividend nearly in half to $1.70 per share, down from $3.25 per share the year before. These headwinds have…