Forget Dishoom, Veeraswamy is the inspiration for the UK’s beleaguered curry houses, says Adam Bloodworth Anjan Saha, general manager at Veeraswamy, does not mess around. “Which starters shall I order?” …
Estate Planning
Even Russia’s central bank is ‘surprised’ as country’s lenders post record profits
Russian banks posted record profits in 2023 in news that surprised even the country’s own central bank, showing how the state is weathering Western sanctions over the war in Ukraine. …
Microsoft: Rising cost of AI could weigh on share price, analysts warn
Microsoft recorded another strong quarter in the three months to December but investors were concerned about the rising costs of investment in AI. In the three months to December, Microsoft’s …
The Debate: Is it desirable to have a Prime Minister who fasts?
The Prime Minister fasts for 36 hours each week – is that a good thing? Our columnists battle it out before City A.M. delivers the verdict. Benedict Spence is a …
Working group launches code of conduct for insurance market when using AI
A collaboration between 127 experts, including the former UK COO of Aviva, has resulted in the creation of a code of conduct for the insurance industry for using AI. This …
Oak Furnitureland slumps to £32m loss as rising costs bite
Oak Furnitureland slumped to a loss of almost £32m during its latest financial year, newly-filed documents have revealed. The Swindon-headquartered company has posted a pre-tax loss of £31.9m for the …
Labour City plans like ‘dog food lasagne’: Tories mount defensive in battle for the Square Mile
The former City minister claimed Labour’s plans for the City are like “dog food lasagne” today as the government looked to fight off a major Rachel Reeves charm offensive on …
FTSE 100 live: London markets open lower as investors await Fed’s interest rate decision
London’s FTSE indexes were trading lower as investors await the latest interest rate decision from the US Federal Reserve later today, while big tech results last night soured risk sentiment. …
Universal to pull songs from TikTok while demanding protection from ‘harmful effects of AI’
Universal Music plans to strip its extensive song library from Tiktok amid a raging row over failed payment negotiations. The songs giant has accused the short video clip app of …
Rachel Reeves: Labour has ‘no intention’ of restoring bankers’ bonus cap
Labour has “no intention” of restoring the cap on bankers’ bonuses, Rachel Reeves has said. The shadow Chancellor said her party would not look to bring back the measure brought …