GBP/USD 1.359 EUR/GBP 0.862 GBP/JPY 199.771 EUR/USD 1.172 GBP/AUD 2.078 USD/JPY 146.983 USD/CAD 1.367 AUD/USD 0.654 CAD/JPY 107.498 EUR/CAD 1.602 GBP/CAD 1.858 AUD/CAD 0.894 AUD/JPY 96.119 AUD/NZD 1.089 EUR/AUD 1.792 GBP/USD 1.359 EUR/GBP 0.862 GBP/JPY 199.771 EUR/USD 1.172 GBP/AUD 2.078 USD/JPY 146.983 USD/CAD 1.367 AUD/USD 0.654 CAD/JPY 107.498 EUR/CAD 1.602 GBP/CAD 1.858 AUD/CAD 0.894 AUD/JPY 96.119 AUD/NZD 1.089 EUR/AUD 1.792
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News from City A.M.

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City A.M. • Jun 06, 2025

Wise’s London listing snub shows the need for urgent City reform

The decision by a major fintech company to seek its primary stock market listing outside London highlights challenges faced by the city in attracting significant investment and sup...

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City A.M. • Jun 06, 2025

MPs demand answers from Meta on finfluencers complaints

MPs have called on Meta to clarify its handling of harmful financial influencer content, highlighting concerns about the company's role in managing misleading posts that may impact...

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City A.M. • Jun 06, 2025

Pret owners in discussions for IPO or possible sale

JAB Holding is consulting with advisors to evaluate strategic financial alternatives for Pret, aiming to either raise capital through public offering or pursue a transaction that c...

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City A.M. • Jun 06, 2025

Fifa strengthens Saudi ties as PIF joins Club World Cup sponsors

The involvement of Saudi Arabia’s Public Investment Fund as a new sponsor of the Club World Cup introduces substantial financial support, enhancing the tournament’s commercial valu...

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City A.M. • Jun 06, 2025

Melrose founders’ Rosebank strikes £1.4bn deal

Rosebank Industries, led by Simon Peckham, secured £1.4 billion to acquire a North American electrical components firm, funding the purchase through a combination of debt and a sub...

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City A.M. • Jun 06, 2025

Trump tariffs: How Big Beautiful Bill could have bigger impact on sport

The proposed tariff legislation, despite legal challenges, is creating economic uncertainty globally, yet valuations within the sports sector appear to remain largely unaffected am...

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City A.M. • Jun 06, 2025

House prices dip in May after stamp duty change

The recent data indicates a modest decline in UK property values during May, reflecting reduced market momentum after the conclusion of previous tax incentives aimed at encouraging...

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City A.M. • Jun 06, 2025

What is fiscal drag and how you can avoid it?

Fiscal drag refers to the increase in income tax payments resulting from unchanged tax brackets despite rising earnings, potentially affecting millions by 2029 unless proactive fin...

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City A.M. • Jun 06, 2025

A Wise storm has rocked the London Stock Exchange’s fintech dream

The decision by a major fintech company to prioritize a US listing over London has raised concerns about the prospects for revitalizing the UK’s financial technology sector and cap...

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City A.M. • Jun 06, 2025

Has Klarna’s buy now, pay later bubble burst?

Klarna’s substantial revenue achievements illustrate its key role in the rapidly expanding global market projected to exceed $560 billion by 2025, highlighting its notable financia...

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City A.M. • Jun 06, 2025

Russia is running rings around out sanction regime

The ongoing activities of unauthorized hackers and vessels undermine current restrictions, potentially leading to increased economic challenges and highlighting the need for expand...

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City A.M. • Jun 06, 2025

Merricks v Mastercard: Low funder payout risks future UK class action

The decision in Merricks v Mastercard highlights how limited remuneration for litigation funders may deter future class actions, potentially affecting consumer access to collective...

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City A.M. • Jun 06, 2025

Rhode Beauty: How Hailey Bieber earned her $1bn payday

Hailey Bieber's success with Rhode demonstrates how leveraging community engagement instead of traditional advertising strategies can lead to a highly valuable financial outcome ex...

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City A.M. • Jun 05, 2025

Calls to overhaul UK’s ‘outdated’ sanctions regime

Reforming the UK’s sanctions framework could enhance its effectiveness in addressing contemporary financial crimes and international conflicts, potentially improving economic secur...

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City A.M. • Jun 05, 2025

David Cameron joins DLA Piper

David Cameron’s addition to DLA Piper is expected to enhance the firm’s advisory capabilities, potentially attracting new clients and expanding its influence in international legal...

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City A.M. • Jun 05, 2025

International Energy Products’s export strength earns King’s Award for Enterprise

International Energy Products’ strong performance in global markets highlights its substantial contribution to the UK economy through increased revenue and expanded international s...

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City A.M. • Jun 05, 2025

Octopus Money CEO: Cash ISA saving can be ‘over-comforting’

Ruth Handcock, CEO of Octopus Money, highlighted that many individuals may feel too secure with cash ISA savings, potentially overlooking more advantageous investment opportunities...

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City A.M. • Jun 05, 2025

Midland Aerospace: a journey from the brink to a King’s Award for Enterprise

Midlands Aerospace overcame severe financial challenges and industry setbacks to achieve sustained growth and national recognition for its innovative contributions to the aerospace...

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City A.M. • Jun 05, 2025

GeoPura: the breakthrough energy technology building a greener future

Investing in innovative renewable energy solutions offers businesses the opportunity to reduce environmental impact while achieving profitable returns and contributing to the trans...

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City A.M. • Jun 05, 2025

The third-generation chemical firm proving that family businesses can be global traders

ReAgent Chemical Services has grown steadily over generations, demonstrating how a family-owned company can expand internationally and achieve significant economic impact in the ch...

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City A.M. • Jun 05, 2025

Labour’s not for turning but the Inheritance Tax battle will rumble on

The ongoing protests by farmers against proposed changes to inheritance tax highlight the considerable economic impact these reforms may have on agricultural communities and estate...

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City A.M. • Jun 05, 2025

British businesses celebrated in third year of The King’s Awards for Enterprise

A total of 197 companies across various industries were acknowledged for their contributions to economic growth and innovation, highlighting their important impact on the financial...

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City A.M. • Jun 05, 2025

LTA pledges equal prize money at Queen’s Club by 2029

The decision to provide equal financial rewards for male and female competitors at major tournaments reflects a commitment to fairness and could influence future sponsorship and re...

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City A.M. • Jun 05, 2025

IAG: British Airways owner faces shareholder revolt

Investors in the British Airways parent company are preparing to challenge executive compensation plans, including a significant share grant to the CEO, potentially impacting share...

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City A.M. • Jun 05, 2025

ECB cuts interest rates as UK ‘hesitation’ risks dealmaking strength

The reduction in eurozone interest rates to two percent may influence borrowing costs and investment decisions, potentially impacting economic growth and financial stability across...

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City A.M. • Jun 05, 2025

Week in Business: Warning lights in the City as another firm quits London for New York

The departure of additional companies from London to New York highlights ongoing challenges for the UK's financial sector, suggesting a potential shift in market confidence and inv...

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City A.M. • Jun 05, 2025

Wickes jumps up to FTSE 250 as National Express owner axed

Wickes' recent stock price increase has resulted in its inclusion in the FTSE 250 index, reflecting a shift in market rankings that has led to other companies being removed from th...

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City A.M. • Jun 05, 2025

Investors cheer Dr Martens’ turnaround plan – but will it work?

Dr Martens’ shares rose significantly as the company unveiled a strategic shift aimed at capitalizing on its leather goods segment to drive future growth and diversify its product...

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City A.M. • Jun 05, 2025

Dr Martens: Shoemaker broadens range of sandals and bags as profit plummets

Dr Martens plans to diversify its product lineup to include various footwear and accessories as it responds to a significant decline in earnings over the past year.

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City A.M. • Jun 05, 2025

Average earners dragged into IHT net – how can you reduce your taxes?

Recent changes requiring pensions to be counted in estates for tax calculations have increased the number of middle-income individuals subject to inheritance tax, contributing to a...

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