GBP/USD 1.364 EUR/GBP 0.861 GBP/JPY 197.882 EUR/USD 1.175 GBP/AUD 2.077 USD/JPY 145.032 USD/CAD 1.358 AUD/USD 0.657 CAD/JPY 106.766 EUR/CAD 1.596 GBP/CAD 1.853 AUD/CAD 0.892 AUD/JPY 95.265 AUD/NZD 1.083 EUR/AUD 1.788 GBP/USD 1.364 EUR/GBP 0.861 GBP/JPY 197.882 EUR/USD 1.175 GBP/AUD 2.077 USD/JPY 145.032 USD/CAD 1.358 AUD/USD 0.657 CAD/JPY 106.766 EUR/CAD 1.596 GBP/CAD 1.853 AUD/CAD 0.892 AUD/JPY 95.265 AUD/NZD 1.083 EUR/AUD 1.788
CURRENCY .wiki

News from City A.M.

What is your interest today?

City A.M. • Jun 11, 2025

Gold tops euro to become central banks’ second favourite reserve asset

Amid increasing economic uncertainty, central banks have increased their holdings of gold, elevating it above the euro to become the second most significant reserve asset globally...

Read Full Article →
City A.M. • Jun 11, 2025

Government’s £122m case against Baroness Mone-linked PPE firm kicks off

The Government has initiated a civil claim seeking over £120 million against a personal protective equipment company connected to Conservative peer Michelle Mone and her spouse.

Read Full Article →
City A.M. • Jun 11, 2025

Ibstock hikes brick production as UK construction market picks up

By increasing output at multiple facilities, Ibstock aims to capitalize financially on the improving demand in the UK construction sector and address ongoing supply constraints.

Read Full Article →
City A.M. • Jun 11, 2025

Volvo issues warning despite record UK sales

Although Volvo's UK division achieved substantial revenue growth and a significant increase in profit in 2024, the company has cautioned investors about potential challenges ahead...

Read Full Article →
City A.M. • Jun 11, 2025

Heathrow reports dip in transatlantic travel as Trump turbulence hits demand

Heathrow Airport experienced a decline in the number of passengers flying to North America, impacting revenue growth despite achieving overall record traffic figures during the sam...

Read Full Article →
City A.M. • Jun 11, 2025

Profit almost wiped out at Asda billionaire’s empire ahead of mega IPO

EG Group, co-founded by the Issa brothers and partly owned by TDR Capital, experienced a significant decline in earnings just before its anticipated $13 billion stock market debut...

Read Full Article →
City A.M. • Jun 11, 2025

Private equity giant KKR returns with final bid for Assura

The £1.7 billion all-cash acquisition of Assura by investment firms KKR and Stonepeak highlights a significant transfer of ownership away from public markets, impacting the London...

Read Full Article →
City A.M. • Jun 11, 2025

Salesforce: Labour’s AI plan won’t work without skills push

Economic progress in the UK may be at risk if the development of artificial intelligence is not supported by significant improvements in employee training and skill development.

Read Full Article →
City A.M. • Jun 11, 2025

Canadian giant swoops for London-listed Ricardo

The acquisition of the London-based engineering company by a major Canadian consultancy for £281 million highlights a significant foreign investment impacting the valuation and own...

Read Full Article →
City A.M. • Jun 11, 2025

Fuller’s toasts stellar year as Brits flock to pubs

Fuller, Smith & Turner experienced notable financial growth with a 4.8 percent increase in revenue, reflecting sustained customer visits to their establishments despite economic ch...

Read Full Article →
City A.M. • Jun 11, 2025

Premiership Rugby taps Raine and Deloitte as investors circle

Premiership Rugby is working with financial advisors to explore opportunities for external funding as international investors show increasing interest in acquiring stakes within En...

Read Full Article →
City A.M. • Jun 11, 2025

Rolls-Royce shares are champion of FTSE 100, analysts say

The substantial increase in Rolls-Royce’s stock value this year highlights its strong market performance, significantly contributing to investor confidence and influencing the over...

Read Full Article →
City A.M. • Jun 11, 2025

Peel Hunt boss renews calls for tax cuts to rescue ailing public markets

The Peel Hunt CEO emphasized that reducing taxes on share transactions could encourage more company listings and improve market activity amid ongoing challenges in public equity ma...

Read Full Article →
City A.M. • Jun 11, 2025

Worrying jobs figures show Labour’s Britain is heading for stagflation

Recent employment data indicate a significant increase in joblessness, suggesting that current policies may hinder economic expansion and contribute to a prolonged period of stagna...

Read Full Article →
City A.M. • Jun 11, 2025

Exclusive: Coinbase to ‘hire like crazy’ in the UK

Coinbase’s increased recruitment efforts in the UK indicate a strategic move to capitalize on evolving crypto regulations and growing market demand, potentially strengthening its c...

Read Full Article →
City A.M. • Jun 10, 2025

Dig up some Royal Ascot Gold with Big Mojo and Flora

The upcoming event presents notable opportunities for investors and enthusiasts to capitalize on potentially lucrative betting markets before significant fluctuations occur during...

Read Full Article →
City A.M. • Jun 10, 2025

Diageo mull $2bn sale of IPL side Royal Challengers Bengaluru

Diageo is considering divesting its ownership stake in the Royal Challengers Bengaluru franchise, which could result in a transaction valued at approximately $2 billion, impacting...

Read Full Article →
City A.M. • Jun 10, 2025

Correcting the myths about Pisces: what you really need to know

The recent parliamentary regulations concerning Pisces have important implications for financial markets, affecting investment strategies and trading practices within the private s...

Read Full Article →
City A.M. • Jun 10, 2025

Global growth to brake to ‘slowest pace’ since financial crash, World Bank says

The World Bank forecasts a significant reduction in economic expansion rates this year, reflecting widespread setbacks in major markets influenced by escalating trade disputes and...

Read Full Article →
City A.M. • Jun 10, 2025

Spending more on less: Premiumisation emerges as retail winner

The trend of increasing consumer expenditure on higher-end goods has influenced retailers to adjust their offerings, resulting in notable revenue growth within select market segmen...

Read Full Article →
City A.M. • Jun 10, 2025

FCA appoints deputy chief to steer growth mission

The FCA’s creation of a deputy chief executive position aims to strengthen leadership capabilities and enhance regulatory oversight, potentially fostering a more stable environment...

Read Full Article →
City A.M. • Jun 10, 2025

Government told migrant partners are a drag on UK finances 

According to the Migration Advisory Committee, individuals entering the UK on partner and family visas tend to use more public resources than they contribute in taxes, affecting he...

Read Full Article →
City A.M. • Jun 10, 2025

FCA boss: Buy now, pay later regulation is a trade off

The upcoming regulatory changes on buy now, pay later services aim to balance consumer protection with industry growth, potentially affecting both market dynamics and financial acc...

Read Full Article →
City A.M. • Jun 10, 2025

Firstgroup shurgs off rail nationalisation with open access growth

FirstGroup's strong annual performance and the initiation of a £50 million share repurchase have boosted investor confidence, contributing to a significant increase in the company’...

Read Full Article →
City A.M. • Jun 10, 2025

Retail shrinks by over 360,000 jobs in a decade

The reduction of over 360,000 positions in the UK retail sector since 2015 highlights a significant decline in employment, impacting economic activity and workforce distribution wi...

Read Full Article →
City A.M. • Jun 10, 2025

FCA lays out Pisces rules with trading to begin later this year

The introduction of the Pisces market framework aims to enhance liquidity for private company shares, potentially increasing investment opportunities and supporting growth for earl...

Read Full Article →
City A.M. • Jun 10, 2025

FTSE 100 circles record high on hopes of more interest rate cuts

The FTSE 100 approached an unprecedented peak, driven by encouraging economic indicators that increased investor optimism about potential monetary easing by the Bank of England, in...

Read Full Article →
City A.M. • Jun 10, 2025

Rolls-Royce: Shares in FTSE 100 firm jump on SMR news

The announcement of Rolls-Royce’s selection as the UK’s small modular reactor technology provider has positively influenced investor confidence, resulting in an increase in the com...

Read Full Article →
City A.M. • Jun 10, 2025

Oxford Instruments shares sink as it sells quantum business to US firm

Oxford Instruments' decision to transfer its quantum division to a California company in a £60 million transaction reflects a strategic effort to enhance financial performance and...

Read Full Article →
City A.M. • Jun 10, 2025

Bellway: Completions surge at FTSE 250 housebuilder

Bellway anticipates significant growth in its housing delivery over the next two years, driven by rising buyer demand and strong reservation levels, which could positively impact i...

Read Full Article →