0:00
All right, it's Wednesday and a nice
0:02
spread of stories on the front page of
0:04
today's City A.M. An attractive picture
0:07
of Greenland, which perhaps belies the
0:10
sense of some nervousness among what few
0:13
residents they muster with Donald
0:15
Trump's eyes on the territory, but we've
0:17
also splashed on yet another round of
0:20
fantastic results from Next, one of this
0:21
country's most successful retailers.
0:23
They just keep on delivering it. But
0:26
Lord Wolfson is chief executive is also
0:28
issued a warning about unemployment
0:30
rising in the UK and the impact that's
0:31
going to have on consumer behavior and
0:33
confidence. Important story in the
0:37
about the private credit market, one of
0:39
those areas of of interest for us which
0:42
sounds a bit dull and technical but
0:44
which is hugely significant and has got
0:46
all sorts of people in the city in the
0:47
Bank of England and regulators a little
0:49
bit concerned about the amount of
0:51
private credit as opposed to bank
0:53
lending going into businesses.
0:55
And also worth noting Sir Chris Hohn,
0:58
the hedge fund tycoon in the city of
1:00
London, who not only paid himself about
1:02
60 million quid this year, very well
1:04
earned, he also oversaw about 600
1:06
million pounds of philanthropic
1:08
donations. He is both one of the most
1:11
successful UK investors and one of the
1:13
most generous philanthropists in the
1:15
country. So read all about it. I'll just
1:17
point out on the inside you can have a
1:18
look at City A.M.'s stock picks for the
1:20
year ahead, feature on driverless cars
1:23
coming to London, and great piece of
1:24
analysis on everything you need to know
1:26
about how markets are responding or not
1:29
responding to Trump's latest maneuvers.
