City A.M

Latest articles from City A.M

• The Dawn Of Bitcoin ETFs Could Spark An Investor Frenzy

  Published 15 July 2023 | viewed 3,300 times

  Cryptocurrency investors have been in a frenzy in recent weeks about the possible approval by the US financial regulator of spot Bitcoin Exchange-Traded Funds (ETFs).…

• Gold Prices Inch Higher As Fed’s Inflation Battle Draws To A Close

  Published 14 July 2023 | viewed 3,029 times

  Gold markets have consolidated this week’s price rally, buoyed by growing expectations that the Federal Reserve’s battle to curb inflation is drawing to a successful…

• Nationalizing UK Water Companies Will Only Result In Higher Bills

  Published 13 July 2023 | viewed 732 times

  There are few more revolting images than human faeces streaming into Britain’s rivers and seas. Not just the stench, but also environmental damage and closed…

• Renault And Geely Launch Powertrain Tech Company In UK

  Published 12 July 2023 | viewed 644 times

  Renault and Aston Martin backer Geely have announced the launch of a new UK-based powertrain technology company, to manufacture low-emission hybrid and internal combustion engines.…

• Regulators Delay Approval For UK's Largest Undeveloped Oil And Gas Field

  Published 11 July 2023 | viewed 1,801 times

  Approval for Rosebank, the UK’s largest undeveloped oil and gas field, has been delayed again by regulators amid growing concerns over the project’s net zero…

• UK's Centrica Pens $8 Billion Mega Deal To Secure LNG From The U.S.

  Published 11 July 2023 | viewed 2,231 times

  British Gas owner Centrica has signed a £6.2bn ($8bn) mega deal with US fossil fuel producer Delta Midstream, in a welcome boost for the UK’s…

• UK's Largest Water Supplier Raises £750M In Race To Avoid Collapse

  Published 10 July 2023 | viewed 924 times

  Debt-laden Thames Water has secured an extra £750m of equity funding from shareholders, as the firm races to avoid nationalisation. The UK’s largest water supplier…

• Sky-High UK Energy Bills Shouldn't Be The Norm

  Published 07 July 2023 | viewed 4,676 times

  Chris O’Shea, the boss of Centrica, is wrong to accept energy prices of over £2,000, writes Sam Richards. Chris O’Shea may not be a household name.…

• Will High Interest Rates Stall Britain’s EV Boom?

  Published 05 July 2023 | viewed 770 times

  Britain’s new car market recorded its 11th consecutive month of growth in June with registrations rising 25.8 per cent – but it might not be…

• Flurry Of Activism Hits Energy Companies

  Published 04 July 2023 | viewed 1,625 times

  Shell, BP and Barclays have felt the wrath of activist investors this year as corporate pressure campaigns are launched in record numbers across Europe, new research shows.…

• Thames Water's Debt Crisis Is Just The Beginning

  Published 04 July 2023 | viewed 3,333 times

  Thames Water’s travails have taken the media spotlight in recent days, and deservedly so, with growing fears the country’s largest supplier could be on the…

• UK Manufacturing Faces More Headwinds As Overseas Spending Cools

  Published 03 July 2023 | viewed 1,739 times

  Britain’s factories have plunged further into recession territory, driven by domestic and foreign buyers reining in spending amid intense economic uncertainty, a closely watched survey…

• Yale Study: ESG Investing Isn’t Doing Much For The Environment

  Published 02 July 2023 | viewed 3,950 times

  When companies with poor environmental credentials are starved of capital thanks to investors obsessed with ESG, they become dirtier to avoid bankruptcy, writes Matthew Lesh ESG…

• UK Energy Bills Are Falling, But Still Nearly Double Pre-Crisis Levels

  Published 30 June 2023 | viewed 1,336 times

  Households will pay less for their gas and electricity from Saturday amid warnings that bills will still be almost double the amount they were before…

• Supply Chain Bottlenecks Threaten UK’s Offshore Wind Dreams

  Published 29 June 2023 | viewed 1,137 times

  Britain risks failing to to meet its offshore wind ambitions, unless over £100bn is invested across the sector by the end of the decade, an…

• UK Regulator Sharpens Scrutiny On Energy Sector

  Published 28 June 2023 | viewed 1,059 times

  Energy suppliers could risk losing their licence if they fail to follow new toughened prepayment meter rules, with Ofgem announcing plans to make its proposed…

• Post-Brexit Tariffs And EV Chain Woes Threaten UK Carmakers

  Published 27 June 2023 | viewed 767 times

  Failure to bolster the supply chains for electric cars, coupled with looming post-Brexit tariffs, could cost the UK’s car industry over £100bn in growth, a…

• Rising Interest Rates And Inflation Threaten UK Manufacturing

  Published 23 June 2023 | viewed 1,374 times

  Higher interest rates, strong inflation and pessimistic expectations for growth are weighing down businesses across the UK’s services and manufacturing sectors, according to the latest…

• UK Electric Vehicle Plans Hit Lithium Supply Roadblock

  Published 21 June 2023 | viewed 1,864 times

  The future of Britain’s electric vehicle (EV) sector is far from certain. Automakers were overjoyed this month to read reports that said the UK had…

• UK Labour Leader Unveils Onshore Wind Power Plans

  Published 19 June 2023 | viewed 980 times

  Politics is very often about jargon and buzzwords, and the most frequent these days seems to be the commitment to turn Britain into a “superpower”…