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. • May 30, 2025

Boreham Motorworks Ford Escort AMR 68 Edition: Praise the Ford

Although the revived Ford Escort AMR 68 Edition appeals to enthusiasts, its high price and legal restrictions may limit market demand and challenge its commercial viability.

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City A.M. • May 30, 2025

Gatwick: Boss of worst airport for flight delays promoted

The recent leadership change at London Gatwick Airport, involving the promotion of its long-term CEO to a higher role within its parent company, may influence the airport’s operati...

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City A.M. • May 30, 2025

Bank of England rate-setter calls for interest rate cut

A leading member of the Bank of England’s Monetary Policy Committee suggested reducing borrowing costs despite recent inflation increases, citing temporary trade-related issues as...

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City A.M. • May 30, 2025

Sport teams safe bets as valuations buck Trump tariff slump

Despite widespread economic disruptions caused by recent trade policies, the financial worth of sports franchises has remained resilient, highlighting their relative stability comp...

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City A.M. • May 30, 2025

Trump tariffs: Legal twist as court rules in favour of trade levies

A federal appeals court's decision upholds the current trade levies temporarily, maintaining additional costs on imports that continue to impact businesses and consumers financiall...

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City A.M. • May 30, 2025

UK business confidence bounces back from Trump’s tariff blow

In May, UK companies showed increased optimism as market conditions improved following recent trade tensions, with a key business sentiment index rising significantly to its highes...

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City A.M. • May 30, 2025

Aircraft orders plummet amid US tariff uncertainty

A sharp decline in new airplane purchases occurred in April, reflecting challenges faced by the aerospace sector due to trade tensions and economic uncertainties affecting industry...

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City A.M. • May 30, 2025

Nationwide hands customers billions as FTSE 100 banks up shareholder payouts 

In 2024, Nationwide distributed £2.8 billion to customers via enhanced savings and loan rewards, while major FTSE 100 banks allocated surplus capital towards increased dividends fo...

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City A.M. • May 30, 2025

Burberry’s decline shows British brands can’t trade on heritage alone

Burberry’s recent performance highlights the financial challenges faced by British luxury brands that depend primarily on their historical reputation without adapting to current ma...

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City A.M. • May 29, 2025

Ryanair boss Michael O’Leary qualifies for monster €100m bonus

Michael O’Leary stands to receive a substantial financial reward following Ryanair’s consistent stock performance, which met predetermined criteria outlined in his long-term compen...

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City A.M. • May 29, 2025

William Hill accidentally announces death of King Charles

The mistaken announcement regarding King Charles by William Hill briefly impacted the company’s public image, potentially influencing investor confidence and market perceptions in...

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City A.M. • May 29, 2025

Trainline: CEO’s pay more than doubles as profit jumps

The company’s annual report shows a substantial increase in the chief executive’s compensation, reflecting the notable rise in the organization’s earnings over the recent fiscal pe...

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City A.M. • May 29, 2025

Is Asda’s ambitious turnaround starting to bear fruit?

Recent operational improvements and strategic adjustments have begun to influence Asda’s revenue streams and market position, indicating potential progress in stabilizing its finan...

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City A.M. • May 29, 2025

Reform will make the UK a crypto powerhouse

The proposed changes aim to enhance the UK's position in the cryptocurrency market, potentially boosting economic growth and attracting increased investment from younger demographi...

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City A.M. • May 29, 2025

Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return

The chief executive of Burberry stands to gain a substantial financial incentive contingent upon the company’s stock value rising sufficiently to rejoin the FTSE 100 index.

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City A.M. • May 29, 2025

HMRC eyes prosecution powers in tax evasion clampdown

HMRC is focusing on enhancing its ability to take legal action against individuals involved in tax evasion to improve revenue collection and ensure compliance with tax regulations.

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City A.M. • May 29, 2025

Asda ‘making good progress’ despite sales continuing to fall

Asda's recent financial report shows a decline in revenue for the first quarter of 2025, yet leadership remains optimistic about the company’s overall development and future perfor...

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City A.M. • May 29, 2025

Law firm Pogust Goodhead sued over £2.2m unpaid legal debts

The lawsuit against Pogust Goodhead highlights a substantial financial dispute involving millions of pounds in outstanding fees, potentially affecting the firm's financial stabilit...

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City A.M. • May 29, 2025

Easyjet is ‘significantly undervalued,’ says Peel Hunt

Analysts from Peel Hunt expressed optimism about Easyjet’s future earnings, prompting a modest increase in its stock price as ongoing strong travel demand supports the airline’s ex...

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City A.M. • May 29, 2025

Tesla shares jump as Musk teases June robotaxi launch

The prospect of Tesla introducing its autonomous taxi service in mid-June positively influenced investor confidence, leading to a modest increase in the company’s stock price despi...

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City A.M. • May 29, 2025

Peel Hunt founder: We’ve stopped taking enough risks in the UK

According to an industry veteran, the current cautious approach in the UK financial sector may be limiting potential investment opportunities and slowing economic growth.

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City A.M. • May 29, 2025

Barclays and HSBC shares jump after Trump’s legal blow

The increase in share prices for major UK banks reflects investor optimism following a legal setback to trade policies, suggesting potential positive impacts on their international...

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City A.M. • May 29, 2025

Avison Young loses over £100m for a second year as more jobs cut

The UK and European branches of Avison Young have reported significant pre-tax deficits exceeding £100 million for two consecutive years amid ongoing workforce reductions.

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City A.M. • May 29, 2025

Nvidia smashes forecasts – but China trade drag looms large

Nvidia’s strong quarterly revenue growth highlights robust demand, yet ongoing challenges in the Chinese market may impact future profitability and overall financial performance.

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City A.M. • May 29, 2025

PureGym: Losses near £90m amid huge expansion drive

PureGym reported a substantial pre-tax deficit of £88.5 million in the latest financial year, reflecting significant investments in workforce growth and new facility openings throu...

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City A.M. • May 29, 2025

Ghost Ship producer Adnams slashes losses

Adnams reported a notable reduction in its operating deficit alongside a modest rise in revenue, reflecting progress in its efforts to improve overall financial performance despite...

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City A.M. • May 29, 2025

Trump tariff policy in tatters after being ‘declared invalid’ by US court

A recent court ruling challenged the legality of executive actions underpinning global tariffs, potentially impacting trade policies and creating uncertainty for businesses affecte...

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City A.M. • May 29, 2025

Premier Miton: Asset manager faces tariff strain

Premier Miton experienced a decline in assets under management and increased net outflows during the first half of the financial year, reflecting reduced investor confidence in UK...

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City A.M. • May 29, 2025

Hiscox picks former Man Group boss as new chair

Peter Clarke’s appointment to Hiscox’s board is expected to bring experienced leadership that could influence the company’s strategic decisions and potentially impact its financial...

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City A.M. • May 29, 2025

Auto Trader: FTSE 100 giant passes major milestone as profit jumps

Auto Trader reported a significant increase in revenue and profit for the fiscal year ending March 2025, demonstrating resilience despite challenging economic conditions and rising...

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