GBP/USD 1.365 EUR/GBP 0.861 GBP/JPY 197.861 EUR/USD 1.175 GBP/AUD 2.077 USD/JPY 144.977 USD/CAD 1.359 AUD/USD 0.657 CAD/JPY 106.713 EUR/CAD 1.597 GBP/CAD 1.854 AUD/CAD 0.893 AUD/JPY 95.249 AUD/NZD 1.083 EUR/AUD 1.789 GBP/USD 1.365 EUR/GBP 0.861 GBP/JPY 197.861 EUR/USD 1.175 GBP/AUD 2.077 USD/JPY 144.977 USD/CAD 1.359 AUD/USD 0.657 CAD/JPY 106.713 EUR/CAD 1.597 GBP/CAD 1.854 AUD/CAD 0.893 AUD/JPY 95.249 AUD/NZD 1.083 EUR/AUD 1.789
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City A.M. • Jun 10, 2025

Firstgroup: Profit at Avanti West Coast owner beats expectations

Firstgroup’s stronger-than-expected annual revenue has enabled an increased dividend payout and an extension of the share repurchase program, signaling robust financial performance...

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City A.M. • Jun 10, 2025

Unemployment creeps up as firms cut jobs following Reeves tax raid

Recent job reductions by companies have led to a slight increase in the unemployment rate, potentially challenging government efforts to stimulate economic growth and improve emplo...

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City A.M. • Jun 10, 2025

Lord Ashcroft bought shares in Mitie on day it made offer for firm he founded

Lord Ashcroft invested £1 million in Mitie by purchasing over 700,000 shares on the day the company disclosed discussions regarding a £370 million acquisition of a business he help...

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City A.M. • Jun 10, 2025

Green light for Sizewell C as £14.2bn to go to major nuclear project as part of Spending Review

The government’s allocation of £14.2 billion to the Sizewell C project highlights a substantial investment in expanding nuclear energy infrastructure within the UK’s broader Spendi...

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City A.M. • Jun 10, 2025

Nikhil Rathi’s FCA is ready to go on the offensive

Nikhil Rathi’s renewed leadership of the FCA comes amid increased governmental expectations, highlighting a strategic shift aimed at fostering market development while managing reg...

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City A.M. • Jun 10, 2025

Londoners most at risk of online fraud, report reveals

Research indicates that a considerable portion of London residents face challenges in managing finances online, which may lead to increased economic vulnerability compared to indiv...

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City A.M. • Jun 10, 2025

Voters reject Reeves’ plans for state power on pension investments

Recent polling indicates that most British voters are against government control over how pension funds are invested, potentially limiting the state's ability to influence economic...

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City A.M. • Jun 10, 2025

Reeves’ central mission is in tatters

The recent poll highlights the Chancellor’s weakened standing, suggesting that the upcoming fiscal plan may face challenges in gaining public and political support amid ongoing eco...

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City A.M. • Jun 10, 2025

Legal & General CEO: Urgent action is needed to get Brits saving more, earlier

Building a sufficient retirement fund requires individuals to increase their savings promptly, highlighting the importance of enhancing pension contributions to ensure financial se...

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City A.M. • Jun 10, 2025

UK GDP growth expected to slide after Awful April 

Economic forecasts indicate a slight contraction in the UK’s output for April, influenced by increased taxation and rising energy costs, potentially undoing the modest expansion re...

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City A.M. • Jun 09, 2025

R360 rugby project fully funded and profitable after a year, say insiders

Sources close to the initiative reveal that the new international club rugby competition has obtained all necessary capital for its 2026 start and expects to generate earnings by i...

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City A.M. • Jun 09, 2025

Bargain basement Britain: Tech takeovers continue with three billion-pound swoops in a day

Several large acquisitions totaling billions of pounds occurred in the UK technology sector on Monday, highlighting ongoing interest from American companies seeking financially adv...

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City A.M. • Jun 09, 2025

WhatsApp, Google, Adobe, YouTube investor group buys into US cricket

Prominent technology investors and entertainment industry figures have contributed capital to a US cricket league team, signaling increased financial interest and potential growth...

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City A.M. • Jun 09, 2025

London Tech Week day 1: why the world comes to London

London Tech Week attracts a diverse international audience, generating substantial economic activity and investment opportunities by showcasing innovation, fostering collaboration,...

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City A.M. • Jun 09, 2025

London ‘left out’ of Reeves’ spending review 

London is expected to receive limited funding in the forthcoming budget, potentially affecting planned transport expansions such as the Bakerloo line extension and the DLR connecti...

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City A.M. • Jun 09, 2025

Slower April wage growth to feed into interest rate cut hopes

A decrease in the pace of wage increases during April may influence policymakers to consider reducing interest rates in an effort to support economic stability and growth.

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City A.M. • Jun 09, 2025

How defence can lead growth through private investment

By capitalizing on advancements in technology and strategic industries, the UK can stimulate defence sector expansion and enhance capabilities through increased private sector invo...

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City A.M. • Jun 09, 2025

WSL revenues will pass £100m in 2026, says Deloitte

According to Deloitte, the Women’s Super League is expected to experience substantial financial growth, with overall earnings rising significantly due to increased matchday and oth...

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City A.M. • Jun 09, 2025

Thameslink operator slumps into the red ahead of Elizabeth Line takeover

The company managing key rail services experienced a significant pre-tax loss in 2024, reversing from previous profits, as it prepares to assume control of a major new transit rout...

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City A.M. • Jun 09, 2025

Trustpilot shares sink after analysts downgrade to ‘Sell’

Trustpilot experienced a significant stock decline following analyst downgrades, reflecting investor concerns about the company’s financial outlook amid anticipated economic diffic...

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City A.M. • Jun 09, 2025

Energy services giant returned to profit before $1bn takeover

Prior to its acquisition valued over $1 billion, the Aberdeen-based energy company achieved a pre-tax profit of $4.4 million and generated numerous employment opportunities during...

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City A.M. • Jun 09, 2025

Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue

The financial troubles of Gino D’Acampo’s business became apparent as the company faced significant liabilities exceeding £11 million, leading to administration proceedings prior t...

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City A.M. • Jun 09, 2025

Alphawave reaches deal on Qualcomm takeover

The agreement for Qualcomm to acquire Alphawave highlights a major transaction in the semiconductor industry, signaling significant investment shifts and potential market changes w...

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City A.M. • Jun 09, 2025

WPP boss Mark Read to step down

Mark Read’s departure from WPP, following a significant decline in the company’s market value, signals a major leadership change amid challenges affecting its position in the globa...

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City A.M. • Jun 09, 2025

UK dominates European investment appeal despite drop in activity

Despite a notable decline in the number of foreign direct investment projects, the UK remains the leading destination for financial services investment across Europe in 2024.

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City A.M. • Jun 09, 2025

Evri to ramp up courier workforce after DHL partnership

The addition of 5,000 new couriers aims to strengthen Evri’s market position and increase delivery capacity, potentially boosting revenue and competitiveness in the expanding UK lo...

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City A.M. • Jun 08, 2025

Cut net zero and welfare spending instead of police budget, Tory MP blasts

A Tory MP argued that government funds for environmental goals and social support should be reduced rather than police financing, emphasizing the importance of maintaining law enfo...

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City A.M. • Jun 08, 2025

Tesco shareholders eye returns as ‘awful April’ bill hikes set to hit profit

Tesco’s upcoming financial report will reveal how rising costs and increased competition may impact its profitability and shareholder returns amid growing pressures on consumer spe...

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City A.M. • Jun 07, 2025

Home Office plans to spend £2.2bn of foreign aid on asylum support

The government has allocated approximately £2.2 billion from international aid funds to cover expenses related to housing and supporting individuals seeking asylum in the upcoming...

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City A.M. • Jun 07, 2025

NHS app to save government £200m, internal analysis suggests

The NHS app is projected to reduce government expenses significantly by streamlining patient communications and delivering health information digitally, enhancing efficiency in app...

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