GBP/USD 1.361 EUR/GBP 0.863 GBP/JPY 199.102 EUR/USD 1.174 GBP/AUD 2.079 USD/JPY 146.330 USD/CAD 1.368 AUD/USD 0.654 CAD/JPY 106.943 EUR/CAD 1.606 GBP/CAD 1.862 AUD/CAD 0.895 AUD/JPY 95.758 AUD/NZD 1.090 EUR/AUD 1.794 GBP/USD 1.361 EUR/GBP 0.863 GBP/JPY 199.102 EUR/USD 1.174 GBP/AUD 2.079 USD/JPY 146.330 USD/CAD 1.368 AUD/USD 0.654 CAD/JPY 106.943 EUR/CAD 1.606 GBP/CAD 1.862 AUD/CAD 0.895 AUD/JPY 95.758 AUD/NZD 1.090 EUR/AUD 1.794
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News from City A.M.

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City A.M. • Jul 09, 2025

UK loses more billionaires than any other country

Recent data indicates that the United Kingdom experienced the highest decline in the number of billionaires globally over the past two years, raising concerns about the potential i...

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City A.M. • Jul 09, 2025

Fans will end up paying for football regulator, Tories warn

Supporters of lower-tier football clubs may experience increased costs as these teams could be required to contribute significant funds to cover the expenses of a newly established...

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City A.M. • Jul 09, 2025

Norton Motorcycles: Losses pass £100m after rescue as global expansion eyed

Norton Motorcycles has experienced substantial financial setbacks exceeding £100 million following its acquisition, influencing its strategic planning as the company looks to broad...

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City A.M. • Jul 09, 2025

Regulators, mount up: FCA taking on City AM Triathlon Team Challenge

The FCA's participation in the City AM Triathlon highlights its commitment to fostering teamwork and visibility within the financial sector while engaging in a high-profile industr...

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City A.M. • Jul 09, 2025

Fintechs lobby Rachel Reeves for tax incentives to boost listings

Leading British fintech companies have requested government support through tax benefits to encourage domestic public offerings, aiming to retain their growth and investment opport...

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City A.M. • Jul 09, 2025

Not on the High Street slashes jobs as losses widen

The company has reduced its workforce multiple times recently in an effort to address increasing financial challenges caused by declining revenue and expanding deficits.

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City A.M. • Jul 09, 2025

Bank of England warns on market impact of Trump tariffs

The Bank of England highlighted that further trade measures introduced by the United States might increase financial market instability, significantly influencing the UK economy du...

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City A.M. • Jul 09, 2025

Wealth and stealth: Starmer eyes fresh tax hikes

Keir Starmer is considering new forms of taxation as concerns grow over fiscal sustainability, following the watchdog’s warning about rising welfare expenses and their impact on go...

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City A.M. • Jul 09, 2025

How M&A dealmakers can ride out geopolitical storms

Political instability often presents challenges and risks, yet strategic mergers and acquisitions during such times can enable investors to capitalize on undervalued assets and gen...

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City A.M. • Jul 09, 2025

Will High Net Worths save LVMH’s share price?

The decline in LVMH’s stock value highlights investor caution, making affluent individuals’ purchasing decisions increasingly crucial for stabilizing the company’s financial perfor...

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City A.M. • Jul 09, 2025

Digital illusion: How the UK’s paper-based processes fuel cyber attacks

Many small and medium-sized UK businesses face increased financial risks and reduced growth potential due to reliance on outdated verification methods that leave them vulnerable to...

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City A.M. • Jul 09, 2025

Alarming OBR forecast is too optimistic – debt is set to be 647 per cent of GDP

The Office for Budget Responsibility’s projections may underestimate future debt levels due to overly positive assumptions about productivity growth, indicating that the UK’s finan...

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City A.M. • Jul 09, 2025

Trump tariffs: FTSE 100 holds steady as pharma and metals brace for levies

The anticipation of upcoming trade duties on pharmaceutical and metal industries has prompted cautious market reactions, while the leading UK stock index maintained stability amid...

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City A.M. • Jul 09, 2025

Hovis: Losses widen amid Kingsmill merger talks

Hovis experienced an increase in pre-tax losses to £4.7 million for the year ending September 2024, coinciding with discussions regarding a potential combination with Kingsmill’s p...

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City A.M. • Jul 09, 2025

Hamleys: More loss-making stores closed by iconic toys seller

Hamleys’ decision to close numerous underperforming outlets while opening new ones reflects efforts to improve overall profitability and stabilize the company’s financial position...

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City A.M. • Jul 09, 2025

Watchdog probe to net £100m from listed housebuilders for affordable schemes

The investigation by the UK regulator into several major housing companies is expected to secure a £100 million contribution aimed at supporting more affordable housing development...

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City A.M. • Jul 09, 2025

WPP shares dive after sales slump

WPP experienced a significant market decline following forecasts of decreased revenue in the first half, attributed to the loss of important clients impacting its overall financial...

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City A.M. • Jul 09, 2025

Galliford Try ‘well-positioned’ to benefit from government spending

Galliford Try anticipates stronger-than-expected profits this year as it capitalizes on increased public investment in affordable housing, infrastructure, and regulated sectors suc...

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City A.M. • Jul 09, 2025

Jet2 hikes dividend on record passenger numbers

Despite increased profits and a higher annual dividend driven by strong passenger growth, Jet2’s stock declined due to investor concerns about ongoing international geopolitical ri...

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City A.M. • Jul 09, 2025

Rolex sponsored Wimbledon stars made to pay for own watches

Although being sponsored by a prestigious watch brand can enhance a tennis player's image, the financial burden of purchasing the timepieces themselves often offsets the perceived...

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