City AM

By Darren Parkin The UK government’s Department for Digital, Culture, Media & Sport is accepting evidence for its inquiry into the “operation, risks, and benefits of non-fungible tokens (NFTs) and the wider blockchain”. MPs on the committee are expecte…

By Jack Mendel Tesco has reminded 2m of its customers to spend up-to £13m in unclaimed vouchers before they expire in a bid to battle the cost of living crisis this Christmas. The retail giant’s friendly nudge to almost 2 million people comes as the co…

By Ilaria Grasso Macola Greater London Authority’s Conservatives have blamed mayor Sadiq Khan for tomorrow’s Tube strike. “Londoners are facing yet another disruptive strike under Sadiq Khan’s watch, despite his broken promise of zero strikes,” GLA tra…

By Millie Turner A string of large electric vehicle (EV) players are lobbying the government to ink a mandate which would ensure a certain proportion of cars on the road in the UK are electric by 2024. A dozen businesses, including Ford, Britishvolt an…

By Leah Montebello Twitter confirmed that it would be delaying the rollout of its paid-for verification until after the US midterm elections, temporarily abating fears about fake account misinformation campaigns. As the new social media chief, Elon Mus…

By Stefan Boscia MPs from across parliament will vote on who should be the new chair of the influential Treasury Select Committee tomorrow. The five candidates for the position were announced today as Andrea Leadsom, Kit Malthouse, John Baron, Richard …

By Jack Mendel BrewDog has signed a deal with an alcohol distributor operating in Qatar, despite launching an ‘anti-sponsorship’ campaign this week protesting human rights in the country ahead of the World Cup. The firm’s beers are distributed in the c…

By Louis Goss JP Morgan has settled with a trader, who was wrongly fired from his job for market spoofing, after the bank failed to pay a £1.58m sum awarded to him by an employment tribunal in January. Ex-trader Bradley Jones was awarded £1.58m after a…

By Jack Mendel London’s City Airport has insisted it’s still “the easiest airport to get to and through” following the opening of the Elizabeth Line’s direct route from Canary Wharf to Heathrow. The hub located on the Thames hit back after Crossrail’s …

By Nicholas Earl Expanding the windfall tax would be “disastrous” for the North Sea’s oil and gas sector, warned a leading industry group in a letter to Chancellor Jeremy Hunt. Brindex hammered the UK as one of the most “fiscally unstable and complex r…