GBP/USD 1.345 EUR/GBP 0.844 GBP/JPY 193.618 EUR/USD 1.135 GBP/AUD 2.091 USD/JPY 143.979 USD/CAD 1.374 AUD/USD 0.643 CAD/JPY 104.754 EUR/CAD 1.560 GBP/CAD 1.848 AUD/CAD 0.884 AUD/JPY 92.602 AUD/NZD 1.078 EUR/AUD 1.765 GBP/USD 1.345 EUR/GBP 0.844 GBP/JPY 193.618 EUR/USD 1.135 GBP/AUD 2.091 USD/JPY 143.979 USD/CAD 1.374 AUD/USD 0.643 CAD/JPY 104.754 EUR/CAD 1.560 GBP/CAD 1.848 AUD/CAD 0.884 AUD/JPY 92.602 AUD/NZD 1.078 EUR/AUD 1.765
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News from City A.M.

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City A.M. • May 29, 2025

Auto Trader: FTSE 100 giant passes major milestone as profit jumps

Auto Trader reported a significant increase in revenue and profit for the fiscal year ending March 2025, demonstrating resilience despite challenging economic conditions and rising...

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City A.M. • May 23, 2025

Consumer confidence improves in early sign that ‘the worst has passed’

Recent enhancements in consumer sentiment, influenced by reduced trade disputes and lower interest rates, suggest a potential positive shift in economic activity and spending patte...

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City A.M. • May 22, 2025

The great debt headache

The surge in government borrowing during the pandemic, combined with rising interest rates and inflation, has complicated investment decisions by reducing the appeal and value of m...

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City A.M. • May 21, 2025

Currys: Shares dip despite interest rates helping sales at retailer

Electrical retailer Currys has projected a 37 percent increase in pre-tax profit to £162 million, reflecting improved sales performance partially influenced by reduced borrowing ex...

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City A.M. • May 19, 2025

UK house prices continue to rise following stamp duty deadline

The increase in property values in the UK reflects ongoing market adjustments after tax relief changes, with slower buyer interest and fewer new listings influencing overall afford...

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City A.M. • May 13, 2025

FTSE 100 banks Lloyds and Natwest set to profit despite lower interest rates

Despite multiple recent reductions in the benchmark rate, major financial institutions like Lloyds and Natwest are expected to maintain strong earnings through stable net interest...

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City A.M. • May 12, 2025

Interest rates may stay higher for longer says Bank of England

Prolonged elevated borrowing costs could impact economic growth and consumer spending, as policymakers indicate inflation persistence might delay anticipated reductions in lending...

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City A.M. • May 09, 2025

Mortgages rates set to fall after Bank of England interest rate cut

The recent reduction in central bank interest rates is expected to lead to decreased borrowing costs, potentially making home loans more accessible and improving affordability for...

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City A.M. • May 08, 2025

Bank of England cuts interest rate in split decision 

The reduction in borrowing costs by the Bank of England may influence economic activity by potentially lowering loan expenses and affecting inflation expectations amid ongoing glob...

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City A.M. • May 08, 2025

Regular or fixed? How to know which savings account is right for you

With interest rates declining, choosing the most suitable savings option is important to maximize returns and ensure your money generates the highest possible income over time.

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City A.M. • May 08, 2025

Bank of England interest rates cut ‘nailed on’

A reduction in the Bank of England’s borrowing costs is anticipated to influence lending conditions, potentially affecting borrowing expenses for businesses and consumers across th...

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City A.M. • May 07, 2025

Fed expected to hold interest rates and vex Trump

The Federal Reserve’s decision to maintain current interest rates until mid-year could influence economic conditions and potentially create tension between government leadership an...

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City A.M. • May 07, 2025

Interest rates are dropping – is it time to fix your savings?

Declining interest rates may reduce returns on savings accounts, prompting individuals to consider locking in rates now before further reductions potentially lower future earnings.

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City A.M. • May 06, 2025

Bank of England to delay interest rates decision – by two minutes

The brief postponement of the Bank of England’s interest rate announcement reflects a rare scheduling adjustment that could momentarily impact market reactions and investor expecta...

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City A.M. • May 05, 2025

Words matter more than numbers at the Bank of England

Market participants anticipate that the Bank of England’s upcoming announcement will influence monetary policy expectations, inflation outlooks, and highlight external trade challe...

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City A.M. • May 04, 2025

Bank of England set to cut interest rates as US tariffs in focus

The anticipated reduction in UK borrowing costs is expected to influence economic activity, reflecting the Bank of England’s response to external trade pressures and aiming to supp...

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