GBP/USD 1.362 EUR/GBP 0.862 GBP/JPY 197.476 EUR/USD 1.174 GBP/AUD 2.081 USD/JPY 144.980 USD/CAD 1.360 AUD/USD 0.655 CAD/JPY 106.586 EUR/CAD 1.597 GBP/CAD 1.853 AUD/CAD 0.890 AUD/JPY 94.903 AUD/NZD 1.084 EUR/AUD 1.794 GBP/USD 1.362 EUR/GBP 0.862 GBP/JPY 197.476 EUR/USD 1.174 GBP/AUD 2.081 USD/JPY 144.980 USD/CAD 1.360 AUD/USD 0.655 CAD/JPY 106.586 EUR/CAD 1.597 GBP/CAD 1.853 AUD/CAD 0.890 AUD/JPY 94.903 AUD/NZD 1.084 EUR/AUD 1.794
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City A.M. • Jun 27, 2025

London’s 5G rollout is being strangled by a failed legal model

The ineffective regulatory framework has discouraged funding, led to extensive legal disputes, and consequently delayed the expansion of advanced wireless networks, impacting econo...

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City A.M. • Jun 27, 2025

Metlen moves listing to London in £5bn boost for City

The planned relocation of a major Greek mining and energy company's listing to London this August is expected to inject over £5 billion into the city's struggling financial market.

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City A.M. • Jun 27, 2025

Bond markets calm despite government benefits u-turn

Despite the government reversing its benefits policy resulting in increased public spending, the UK government borrowing costs remained steady with minimal changes in bond yields d...

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City A.M. • Jun 27, 2025

Labour’s welfare U-turn spikes fears of tax hikes

The government’s reversal on welfare reforms is expected to reduce anticipated savings, potentially increasing fiscal pressures and raising concerns about the need for additional r...

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City A.M. • Jun 27, 2025

Aston Martin tariff hit sinks UK car output to 76-year low

The introduction of import duties has significantly disrupted vehicle manufacturing in the UK, causing production levels to fall to a historic low not seen in over seven decades.

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City A.M. • Jun 27, 2025

Heathrow eyes earnings crunch as national insurance hike weighs

London Heathrow anticipates a reduction in its 2025 profitability as increased employer national insurance payments contribute to higher operational expenses, potentially lowering...

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City A.M. • Jun 27, 2025

Cavendish chiefs: Markets need tax incentive to turn heads

Leaders at Cavendish emphasize that implementing favorable tax measures could enhance market activity and support listing growth, especially during the current downturn in mergers...

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City A.M. • Jun 27, 2025

Is Labour changing its mind about the OBR?

Labour’s shifting perspective highlights concerns that relying on economic forecasts may not effectively address the ongoing challenges related to the UK’s public finances and gove...

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City A.M. • Jun 27, 2025

Jeremy Hunt ‘made mistake’ in taxing non doms

The decision to eliminate the special tax status for non-domiciled residents resulted in increased government revenue by billions, impacting both tax policy and contributions from...

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City A.M. • Jun 26, 2025

Starling Bank sets sights on US expansion

Starling Bank’s move to enter the US market aims to enhance its revenue streams and offset recent profit declines by tapping into new customer bases and expanding its international...

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City A.M. • Jun 26, 2025

The Eastern City BID Announces £100,000 Funding and Two-Year Partnership with Providence Row

The Eastern City Business Improvement District is allocating £100,000 and establishing a collaborative relationship with Providence Row for two years to advance support initiatives...

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City A.M. • Jun 26, 2025

Alibaba launches competition for UK and European SMEs

The new contest backed by Alibaba offers UK and European small businesses a combined prize fund of £750,000, aiming to promote innovative solutions with strong commercial prospects...

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City A.M. • Jun 26, 2025

What happened to River Island?

River Island faces financial challenges due to decreasing revenue and competitive pressures, prompting a strategic overhaul that may result in shutting down physical locations to s...

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City A.M. • Jun 26, 2025

City regulators must work more constructively with businesses, experts say

Improving collaboration between regulatory bodies and companies could reduce expenses associated with compliance, potentially enhancing operational efficiency and fostering a more...

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City A.M. • Jun 26, 2025

City minister opens door to weakening banks ombudsman 

The potential reduction of authority for the Financial Ombudsman Service may impact how consumer disputes are resolved, influencing the regulatory environment and operational risks...

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