News from City A.M.
What is your interest today?
- ABC News Business
- BBC Business
- Business Insider Markets
- CBC Business
- City A.M.
- CNBC Business
- CoinDesk
- Cointelegraph
- Crypto News
- CryptoSlate
- Decrypt
- Economic Times Markets
- Euronews Business
- Financial Post Top Stories
- Financial Times
- Finextra Crypto
- Finextra Market
- Finextra Wealth
- Globe and Mail Investing
- Investing.com Global Markets
- Investing.com Global Mkts
- Investopedia
- Kiplinger
- MarketWatch MarketPulse
- MarketWatch Top Stories
- Quartz
- Sky News Money
- Sydney Morning Herald Biz
- Sydney Morning Herald Business
- TechCrunch Fintech
- The Block
- The Guardian – Business
- WSJ Markets News
IG Group stock dips after UBS downgrade
Following UBS’s revision of IG Group’s rating to neutral due to valuation concerns and growth risks, the company’s shares experienced a decline influenced also by uncertainties sur...
Read Full Article →UK trade deals to lift growth, KPMG says
According to a financial advisory firm, recent agreements between the UK and major international partners may positively influence the country’s economic expansion beyond initial p...
Read Full Article →WH Smith nears sale of high street chain as revenue rises
The agreement to transfer its retail segment for £76 million is expected to impact WH Smith’s overall financial position positively as the company continues to report increasing in...
Read Full Article →Ramsdens strikes gold after price jump boosts profit to record high
Ramsdens experienced substantial financial growth in the first half of 2024, with pre-tax profits rising significantly due to increased valuations in its precious metals purchasing...
Read Full Article →Kennedys breaks through £400m global revenue barrier
Kennedys achieved a notable financial milestone by exceeding £400 million in global revenue, marking continuous growth for over a decade and highlighting its expanding market prese...
Read Full Article →Trump tariffs: UK to dodge 50 per cent steel and aluminium levies
The UK steel and aluminium sectors will avoid the increased 50 percent tariffs previously proposed, although companies will continue to incur a 25 percent duty until updated trade...
Read Full Article →Why the UK investment system needs a complete overhaul
Revamping the UK’s outdated investment framework is crucial to enhancing market stability, increasing investor confidence, and supporting sustainable economic growth in an evolving...
Read Full Article →B&M: Revenue ticks up as new stores outperform
The company experienced a moderate increase in annual revenue to £5.57 billion, reflecting stronger sales growth particularly from recently opened locations and improved operations...
Read Full Article →Paragon Bank: Stamp duty boost offsets motor finance provision
Paragon Banking Group’s first-half earnings improved due to higher lending activity and a positive impact from property transaction taxes, which helped counterbalance costs related...
Read Full Article →Private equity: Are the doors to the most exclusive club in town finally opening?
Private equity has generated substantial returns over the past 25 years, attracting trillions of dollars and increasingly allowing broader access beyond its traditionally limited g...
Read Full Article →Business investment could be revived in ‘promising’ sign, BCC says
A prominent commercial organization forecasts a substantial increase in company spending this year, indicating a potential boost to productivity and economic expansion after years...
Read Full Article →Thames Water mess could soon swamp ministers – and taxpayers
The withdrawal of a major private equity firm from a £4 billion investment in Thames Water highlights increasing financial risks and potential burdens for government and public fun...
Read Full Article →Investec Champions Cup lands Emirates deal
The new partnership with Emirates Airlines is expected to bring significant financial support to the European Professional Club Rugby competitions, enhancing sponsorship revenue an...
Read Full Article →Britain’s trade deals mean nothing if we neglect our own industries
The effectiveness of international agreements depends heavily on the strength and competitiveness of a country’s local industries to fully realize potential economic benefits.
Read Full Article →Hinge: the dating app that wants you to log off
Hinge’s business model focuses on encouraging meaningful user interactions that lead to fewer app sessions, potentially reducing ad revenue but fostering long-term customer loyalty...
Read Full Article →British Steel braces for fresh Trump tariff blow
The British steel sector faces potential economic challenges as new American import duties may impact export costs, following uncertain confirmation regarding exemption status in r...
Read Full Article →Scottish Mortgage: City brokers back Baillie Gifford trust
The endorsement from multiple financial intermediaries contributed to a modest increase in the market value of the £12 billion investment entity managed by Baillie Gifford followin...
Read Full Article →Jupiter Asset Management launches its first hedge fund
Jupiter Asset Management’s introduction of its inaugural hedge fund targets high-net-worth investors, representing a strategic move to diversify its offerings and enter the substan...
Read Full Article →Nato to pressure UK to spend 3.5 per cent on defence
The UK is expected to increase its defence budget to 3.5 percent of GDP by 2035 under NATO's new guidelines, significantly raising government military expenditures beyond current p...
Read Full Article →Foreign companies drive £19bn M&A surge as UK firms ‘attractively valued’
In the first quarter, acquisitions by overseas investors significantly increased the total value of mergers and acquisitions involving UK businesses, reaching a peak not observed i...
Read Full Article →Bank of England: Battling wage growth and interest rate cuts
The Bank of England acknowledges that sustained increases in wages may hinder efforts to reduce inflation, potentially postponing planned reductions in borrowing costs intended to...
Read Full Article →US trade deal: Jonathan Reynolds questioned on Trump talks progress
Concerns have been raised about the current status of the UK-US trade agreement, highlighting uncertainties that may impact financial markets and international economic relations b...
Read Full Article →Deutsche Bank: £10bn of tax hikes coming in Autumn Budget
The upcoming Autumn Budget is anticipated to include substantial tax increases to address reduced fiscal flexibility caused by higher inflation and growing public expenditures.
Read Full Article →Thames Water: What next after KKR walks?
The unexpected withdrawal of a major investment firm has left the country’s biggest water provider facing increased financial uncertainty and the possibility of entering insolvency...
Read Full Article →Is June the time to buy Premium Bonds?
Premium Bonds offer the potential for tax-free prizes with values between £25 and £1 million, but their appeal depends on individual preferences compared to current savings account...
Read Full Article →Big Four giants eye AI assurance tools to tap in on client concerns
Major accounting firms are creating advanced audit technologies for artificial intelligence, aiming to address client worries while generating additional income through innovative...
Read Full Article →Environment secretary says Thames Water has ‘a number’ of options
The potential involvement of multiple investors in Thames Water highlights the company’s ongoing efforts to secure financial support following the withdrawal of a major private equ...
Read Full Article →Interflora returns to profit despite sales slip
Despite a decline in revenue, Interflora’s UK division achieved a pre-tax gain of £1.9 million in 2024, marking a significant turnaround from the previous year’s loss of £2.3 milli...
Read Full Article →Sweet success for biscuit giant behind Jammie Dodgers
The company owning popular biscuit brands reported substantial revenue growth exceeding £600 million, alongside job creation and a notable reduction in financial losses during its...
Read Full Article →MJ Gleeson: Shares plummet after profit warning as property market struggles
MJ Gleeson has projected a notable reduction in annual earnings, reflecting ongoing challenges in the UK housing sector and the impact of a failed land transaction in Yorkshire.
Read Full Article →