Haven't decided what to make of City AM yet. The quality is better than I expected, and coverage of smaller UK companies is no worse than the FT. However, editing is useless - for eg, a big table today showing shares of food retailers had Safeway and Morrison shown as separate entities. There was another howler as well today that I've forgotten.

What is good about it, although its still relatively early to tell, is that it accepts that it is a Square Mile paper and is including local restaurant reviews etc. The FT refuses to accept that most of its readership is in a very tight geographic area and the many opportunities that could open up ....