GBP/USD 1.364 EUR/GBP 0.861 GBP/JPY 197.882 EUR/USD 1.175 GBP/AUD 2.077 USD/JPY 145.032 USD/CAD 1.358 AUD/USD 0.657 CAD/JPY 106.766 EUR/CAD 1.596 GBP/CAD 1.853 AUD/CAD 0.892 AUD/JPY 95.265 AUD/NZD 1.083 EUR/AUD 1.788 GBP/USD 1.364 EUR/GBP 0.861 GBP/JPY 197.882 EUR/USD 1.175 GBP/AUD 2.077 USD/JPY 145.032 USD/CAD 1.358 AUD/USD 0.657 CAD/JPY 106.766 EUR/CAD 1.596 GBP/CAD 1.853 AUD/CAD 0.892 AUD/JPY 95.265 AUD/NZD 1.083 EUR/AUD 1.788
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City A.M. • May 23, 2025

Women’s Champions League to be shown on Disney+

Broadcasting 75 matches of the UEFA Women’s Champions League on Disney+ starting next season is expected to enhance the platform’s subscriber base and generate increased revenue th...

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City A.M. • May 23, 2025

Anglian Water gets £500m boost after criminal investigations

Following recent criminal probes, Anglian Water secured a substantial £500 million investment from its shareholders, highlighting continued financial support despite emerging legal...

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City A.M. • May 23, 2025

Markets slump as Trump vows 50 per cent tariffs on the EU

The proposed imposition of substantial tariffs on European imports has led to a notable decline in stock values across European and British financial markets.

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City A.M. • May 23, 2025

Trump condemns UK net zero push

Limiting efforts to reduce carbon emissions in the UK may impact investments in offshore oil exploration, potentially affecting energy costs and influencing the broader market for...

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City A.M. • May 23, 2025

Trump threatens Apple with 25 per cent tariff on iPhones

Imposing a 25 percent tariff on iPhones assembled abroad could increase costs for Apple, potentially impacting sales, pricing strategies, and overall profits within the competitive...

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City A.M. • May 23, 2025

Week in Business: Will Starmer sack Rachel Reeves?

Labour's current economic approach faces increasing scrutiny, prompting speculation that Keir Starmer might consider appointing a new Chancellor to influence the party’s financial...

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City A.M. • May 23, 2025

Telegraph bought by US private equity giant

The acquisition by an American investment group could stabilize The Daily Telegraph’s future operations and potentially alter its financial strategy after a prolonged period of own...

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City A.M. • May 23, 2025

AJ Bell shares surge as investors give £3.3bn boost

The London-listed company's market value increased notably following a robust six-month report, driven by substantial investor contributions and positive market conditions that lif...

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City A.M. • May 23, 2025

Sexy Fish: Billionaire Richard Caring’s restaurant empire reveals losses

The recently published financial statements for Caprice Holding indicate a decline in profitability within Richard Caring’s luxury dining establishments amid ongoing negotiations f...

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City A.M. • May 23, 2025

Yorkshire Tea: Profit more than doubles as sales pass landmark

The company behind Yorkshire Tea experienced a significant increase in earnings alongside record-breaking revenue exceeding £300 million in its most recent fiscal year.

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City A.M. • May 23, 2025

Rolls-Royce now worth over £70bn as FTSE 100 shares climb

The company’s market value surpassed £70 billion for the first time, driven by a sustained increase in its stock price on the FTSE 100 index, reflecting renewed investor confidence...

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City A.M. • May 23, 2025

Slash red tape for fund managers or risk ‘industry exodus’

Experts caution that reducing regulatory obstacles is crucial to encourage the establishment of new fund management firms, as excessive difficulties have recently led to a signific...

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City A.M. • May 23, 2025

UK retail sales boost as Brits enjoy warm weather

Retail sales in the UK increased notably in April, supported by favorable weather conditions that encouraged higher consumer spending on groceries, leading to a significant improve...

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City A.M. • May 23, 2025

Consumer confidence improves in early sign that ‘the worst has passed’

Recent enhancements in consumer sentiment, influenced by reduced trade disputes and lower interest rates, suggest a potential positive shift in economic activity and spending patte...

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City A.M. • May 23, 2025

Forget the EU, UK businesses want to trade with China

Many UK companies are increasingly focusing on expanding trade relations with China, emphasizing economic opportunities over political considerations to drive business growth and b...

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City A.M. • May 22, 2025

Travelodge in the red amid Reeves’ £21m tax hikes

Travelodge experienced a financial downturn in the initial quarter of its fiscal year, largely impacted by increased tax obligations and higher National Living Wage costs announced...

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City A.M. • May 22, 2025

UK economy shows early signs of recovery after ‘Awful April’ 

Recent data indicates that the UK’s service sector experienced modest expansion in May, suggesting potential improvement in overall economic activity following a challenging period...

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City A.M. • May 22, 2025

Qinetiq shares soar after £1.5bn extension to Ministry of Defence deal

The recent extension of Qinetiq’s government contract, valued at £1.5 billion and lasting five additional years, is expected to significantly enhance the company's future revenue s...

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City A.M. • May 22, 2025

UK net migration almost halves in 2024

The substantial decrease in net migration during 2024 may influence the UK’s labor market and public spending, potentially affecting economic growth and government resource allocat...

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City A.M. • May 22, 2025

Pepco to sell off Poundland business by September – for £1

Pepco plans to divest its struggling discount retail segment by September, reflecting ongoing revenue declines and increased operational expenses that have negatively impacted the...

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City A.M. • May 22, 2025

Mitchells & Butlers: Profit at All Bar One owner jumps as Brits keep spending

Mitchells & Butlers experienced a notable increase in half-year earnings driven by steady consumer demand, with revenue climbing to £1,454 million despite facing substantial cost p...

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City A.M. • May 22, 2025

BT ups dividend as firm refocuses on the UK

BT's increased dividend reflects improved profitability and signals confidence in its strategy to concentrate operations domestically, offering shareholders a higher return compare...

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City A.M. • May 22, 2025

Tate & Lyle lifts profits as CP Kelco deal kicks in

Tate & Lyle reported improved earnings and increased free cash flow for the fiscal year ending March 2025, benefiting from the incorporation of its $1.8 billion purchase of an ingr...

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City A.M. • May 22, 2025

Investec rakes in £1bn profit after lending and deposit boost

Investec’s latest financial results reveal a notable rise in operating profit, driven by strengthened lending activities and higher deposit levels, surpassing previous expectations...

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City A.M. • May 22, 2025

UK government borrowing blows past estimates on Labour’s spending plans

In April, UK borrowing increased significantly beyond forecasts, highlighting challenges in managing public funds and reducing available fiscal flexibility amid rising debt interes...

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City A.M. • May 22, 2025

Bloomsbury: Profit falls at Harry Potter publisher despite sales rise

Bloomsbury Publishing experienced a significant decrease in pre-tax earnings over the recent financial year, even though its overall income recorded an upward trend during the same...

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City A.M. • May 22, 2025

Easyjet holds guidance as it eyes £700m profit

Easyjet maintains its full-year forecast, anticipating a substantial pre-tax profit around £700 million, supported by strong forward bookings despite increased interim pre-tax loss...

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City A.M. • May 22, 2025

Motor finance: How rough a ride are Close Brothers in for?

Close Brothers is facing financial pressure as increasing expenses and declining loan portfolios challenge its stability, while an important regulatory decision could significantly...

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City A.M. • May 22, 2025

London defies ‘Awful April’ slump with more job postings

Despite broader economic challenges, London experienced an increase in employment opportunities, indicating resilience in its labor market and potentially supporting continued fina...

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City A.M. • May 22, 2025

Palo Alto rallies on M&S hacks, but earnings fail to woo investors

Palo Alto Networks experienced increased demand for cybersecurity solutions following recent cyberattacks on major UK retailers, although the company’s latest financial report prod...

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