GBP/USD 1.342 EUR/GBP 0.855 GBP/JPY 195.136 EUR/USD 1.148 GBP/AUD 2.074 USD/JPY 145.358 USD/CAD 1.364 AUD/USD 0.647 CAD/JPY 106.549 EUR/CAD 1.566 GBP/CAD 1.831 AUD/CAD 0.883 AUD/JPY 94.065 AUD/NZD 1.076 EUR/AUD 1.774 GBP/USD 1.342 EUR/GBP 0.855 GBP/JPY 195.136 EUR/USD 1.148 GBP/AUD 2.074 USD/JPY 145.358 USD/CAD 1.364 AUD/USD 0.647 CAD/JPY 106.549 EUR/CAD 1.566 GBP/CAD 1.831 AUD/CAD 0.883 AUD/JPY 94.065 AUD/NZD 1.076 EUR/AUD 1.774
CURRENCY .wiki

News from City A.M.

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City A.M. • Jun 17, 2025

Tories: Labour desperate to use bookies tax to bail out Rachel Reeves

The proposed changes to gambling taxes have raised concerns about their potential impact on betting shops and horse racing, highlighting debates over government revenue strategies...

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City A.M. • Jun 17, 2025

Law firm mergers down as lawyers hold out for private equity appetite

The decrease in consolidation among UK law firms reflects a strategic pause as legal professionals await increased investment interest from private equity sources.

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City A.M. • Jun 17, 2025

Why the Bank of England will hold interest rates

The upcoming decision by the Bank of England is closely watched for its potential impact on borrowing costs, inflation expectations, and overall economic stability in the United Ki...

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City A.M. • Jun 17, 2025

Natwest top pick to acquire TSB

Natwest Group's recent transition to private ownership positions it to potentially expand its market presence through significant acquisitions, including a likely purchase of TSB B...

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City A.M. • Jun 17, 2025

Musk’s X tops UK news as Grok says it’s ‘likely’ most viewed – while Meta and TikTok falter

The resurgence of Elon Musk’s X as a leading news app in the UK could signal renewed advertising opportunities and potential revenue growth amid challenges faced by major competito...

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City A.M. • Jun 17, 2025

Dollar weakens as ‘confidence in US assets continues to erode’

The decline in the US dollar’s value against other major currencies reflects diminished investor trust, potentially impacting international trade costs and influencing global finan...

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City A.M. • Jun 17, 2025

Pisces edges closer to fruition after Avenir launches securities register

The introduction of Avenir Registrars' new product range is expected to enhance market compatibility and support emerging companies, potentially increasing investor confidence and...

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City A.M. • Jun 17, 2025

King Charles’ Crown Estate to invest £400m in offshore wind supply chain

The Crown Estate plans to allocate £400 million towards enhancing the offshore wind supply chain, including £350 million dedicated to building new port facilities and related infra...

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City A.M. • Jun 17, 2025

Morgan Sindall: Shares in FTSE 250 firm hit record high amid profit boom

Morgan Sindall experienced a notable increase in its stock value following an announcement that its yearly earnings are expected to substantially surpass initial forecasts, reflect...

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City A.M. • Jun 17, 2025

Tennis chiefs demand action from gambling industry over online abuse

The growing financial impact on the sport includes potential revenue loss as increasing online abuse linked to gambling may harm player wellbeing and deter sponsorship and fan enga...

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City A.M. • Jun 17, 2025

Wowcher: Profit slashed after huge refund over pressure selling tactics

Wowcher experienced a substantial decrease in earnings following the Payment of over £4 million in refunds to nearly 870,000 customers due to concerns raised by the UK competition...

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City A.M. • Jun 17, 2025

Flora and I Can’t Believe It’s Not Butter maker issues huge pay day

The company responsible for Flora and I Can’t Believe It’s Not Butter distributed a substantial dividend of £90 million, marking its first significant financial payout since privat...

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City A.M. • Jun 17, 2025

Losses continue at maker of BBC Question Time as jobs shed

The production company experienced significant financial challenges, reporting a substantial pre-tax deficit and a sharp decline in revenue over two years, which contributed to wor...

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City A.M. • Jun 17, 2025

Bitcoin minnow Smarter Web Company joins ranks of UK’s most valuable businesses

Following a rapid increase in its share price, The Smarter Web Company has reached a market valuation of £720 million, positioning it among the more prominent publicly traded firms...

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City A.M. • Jun 17, 2025

Rachel Reeves mulls inheritance tax U-turn as non-doms flee

Rachel Reeves is considering adjustments to global asset taxation for non-domiciled individuals in response to increased financial outflows and concerns raised by the City regardin...

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City A.M. • Jun 17, 2025

UK aerospace sector to avoid tariffs as Trump-Starmer trade deal clinched 

The newly established trade agreement between the UK and the US is expected to reduce costs for aerospace manufacturers and automobile exporters by eliminating import duties and fo...

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City A.M. • Jun 17, 2025

Capita shifts to agentic AI to save cash

Capita aims to improve its financial performance by implementing autonomous AI technology, expecting that operational efficiencies and reduced expenses will help counteract recent...

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City A.M. • Jun 17, 2025

Banco Sabadell weighing sale of TSB Bank

Banco Sabadell is considering divesting its UK retail banking subsidiary following external inquiries, which could impact its financial structure and strategic positioning in the i...

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City A.M. • Jun 17, 2025

Carried interest: London’s dealmakers bask in rare lobbying win

London’s financial sector benefits from continued favorable tax treatment on investment income, allowing private equity professionals to retain substantial earnings despite propose...

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City A.M. • Jun 17, 2025

Nyetimber: English sparkling wine group aims to build a global brand

Nyetimber’s strategy to expand internationally highlights the potential for increased revenue and market share as demand for English sparkling wine continues its notable growth in...

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City A.M. • Jun 17, 2025

Are Brexit Britain and Carney’s Canada a dream match?

The evolving economic relationship between the UK and Canada highlights opportunities for adapting financial strategies amid changing trade policies and regulatory environments.

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City A.M. • Jun 17, 2025

Sky, Channel 4 and ITV launch first unified ad marketplace

The collaboration between major UK broadcasters aims to streamline advertising efforts, enabling SMEs to efficiently reach wider audiences through a single platform, potentially tr...

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City A.M. • Jun 17, 2025

WFH: Office workers in line for quicker promotions and higher pay

Employees who maintain a consistent presence in the workplace tend to receive greater salary increases and accelerated career advancement compared to colleagues who primarily work...

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City A.M. • Jun 17, 2025

UK economy rebound hopes gather as City ‘ready to invest’ 

Recent business surveys indicate cautious optimism in the UK market, suggesting potential increases in investment and economic growth that could positively impact overall financial...

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City A.M. • Jun 17, 2025

Welfare, debt and the NHS: Our public finances are on the road to ruin

Rising government spending on social programs, growing national debt, and healthcare costs are creating significant challenges for the sustainability and stability of the country’s...

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City A.M. • Jun 17, 2025

Liquid Glass launch shows Apple is cautious on AI

Apple’s recent unveiling of the ‘liquid glass’ technology suggests a measured approach toward AI advancements, potentially reflecting careful consideration of market risks and inve...

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City A.M. • Jun 17, 2025

Britain can’t afford to spend £24,000 on every adult

The rising government expenditure, largely attributed to debt servicing as well as healthcare and social support, poses considerable challenges to the United Kingdom’s long-term fi...

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City A.M. • Jun 17, 2025

Simply: Fintech SME lender expands loan book as firms turn to debt finance

The increase in lending by the UK-based fintech company highlights a growing reliance on borrowed capital by small and medium businesses to support their growth initiatives through...

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City A.M. • Jun 16, 2025

WTA Ventures: Queen’s, CVC Capital Partners and an organisation pushing on

WTA Ventures highlights ongoing investment efforts and partnerships with private equity firms like CVC Capital Partners, reflecting potential strategic opportunities for growth and...

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City A.M. • Jun 16, 2025

Exclusive: Cybersecurity investment fuels £27bn boost for UK firms

Investments in digital protection have enabled UK companies to increase their annual income by billions, highlighting the important economic impact of strengthening cyber defenses...

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