GBP/USD 1.345 EUR/GBP 0.855 GBP/JPY 195.152 EUR/USD 1.150 GBP/AUD 2.071 USD/JPY 145.076 USD/CAD 1.367 AUD/USD 0.650 CAD/JPY 106.136 EUR/CAD 1.572 GBP/CAD 1.839 AUD/CAD 0.888 AUD/JPY 94.229 AUD/NZD 1.078 EUR/AUD 1.771 GBP/USD 1.345 EUR/GBP 0.855 GBP/JPY 195.152 EUR/USD 1.150 GBP/AUD 2.071 USD/JPY 145.076 USD/CAD 1.367 AUD/USD 0.650 CAD/JPY 106.136 EUR/CAD 1.572 GBP/CAD 1.839 AUD/CAD 0.888 AUD/JPY 94.229 AUD/NZD 1.078 EUR/AUD 1.771
CURRENCY .wiki

News from City A.M.

What is your interest today?

City A.M. • May 16, 2025

Natwest: Government set to sell stake in FTSE 100 giant by June

The planned disposal of the UK government’s remaining shares in a major financial institution could impact market dynamics and reflects ongoing efforts to reduce public sector invo...

Read Full Article →
City A.M. • May 16, 2025

Rolls-Royce: FTSE 100 shares reach record high as £70bn valuation nears

Rolls-Royce's increasing share price has significantly boosted its market capitalization, bringing the company closer to a valuation of £70 billion and reflecting investor confiden...

Read Full Article →
City A.M. • May 16, 2025

One in ten Brits have no cash savings, City regulator says

According to recent research by the Financial Conduct Authority, a significant portion of the population may lack sufficient financial resources to handle unexpected expenses, high...

Read Full Article →
City A.M. • May 16, 2025

Rachel Reeves’ tax hikes to cost Timpson £12m extra a year

The recent adjustments to employer National Insurance and minimum wage rates are expected to increase operational expenses for Timpson’s company by approximately £12 million annual...

Read Full Article →
City A.M. • May 16, 2025

Landsec boosts profit amid residential and retail pivot

Landsec reported increased earnings driven by a shift in its property holdings, with profit before tax rising to £395 million alongside substantial planned investments in the retai...

Read Full Article →
City A.M. • May 16, 2025

Future: Go Compare owner announces share buyback

The company’s decision to repurchase shares reflects confidence in its stable profitability and cash flow, following a period of consistent operating earnings despite a slight decr...

Read Full Article →
City A.M. • May 16, 2025

EY’s £2bn legal fight over NMC Health audits

EY is involved in a major legal dispute related to its auditing practices for a former health company that experienced significant financial collapse amid fraud accusations, potent...

Read Full Article →
City A.M. • May 16, 2025

Org Group acquires UK tech recruitment firm in global expansion

The acquisition of the Manchester-based recruitment company enhances Org Group’s international reach and service offerings, potentially increasing revenue streams and market compet...

Read Full Article →
City A.M. • May 16, 2025

Sofas and season tickets: Inside the world of retail finance

The growth of consumer finance in early 2025 highlights opportunities for niche lenders to expand their market presence as traditional banks reduce involvement in retail credit.

Read Full Article →
City A.M. • May 16, 2025

Starmer seeks UK-EU ‘reset’ – is another Brexit row looming?

The upcoming London summit aims to address key economic and trade issues between the UK and EU, potentially influencing market stability and investment confidence in both regions m...

Read Full Article →
City A.M. • May 16, 2025

Is Labour’s Planning Bill putting private equity at risk?

The proposed changes in the Planning and Infrastructure Bill have raised concerns among investors about potential impacts on funding opportunities and the stability of private equi...

Read Full Article →
City A.M. • May 15, 2025

Holland & Barrett: Huge losses continue despite sales surge

Despite increased revenue from rising sales, Holland & Barrett has reported substantial pre-tax losses for the second consecutive year, indicating ongoing financial challenges for...

Read Full Article →
City A.M. • May 15, 2025

Fifa cheered by ECJ backing in agent fees row – but ‘far from unilateral win’

The European Court of Justice's preliminary support for regulating intermediaries’ commissions could influence financial controls within football transfers, though the final ruling...

Read Full Article →
City A.M. • May 15, 2025

Cyber attack: Coinbase warns of $400m hit after data breach

Coinbase revealed that a recent cyber intrusion affecting a limited number of user accounts may result in financial losses ranging from $180 million to $400 million, impacting its...

Read Full Article →
City A.M. • May 15, 2025

City veteran Lord Rose ‘horrified’ by slow growth under Labour

Stuart Rose expressed concern over the UK’s sluggish economic progress under current policies, highlighting the potential impact on business confidence and overall financial stabil...

Read Full Article →
City A.M. • May 15, 2025

North Korean hackers use fake WFH jobs to infiltrate UK firms

The cyberattacks targeting UK companies through fraudulent remote job applications pose significant financial risks, including potential data breaches, operational disruptions, and...

Read Full Article →
City A.M. • May 15, 2025

Why are Brits hoarding cash?

A substantial portion of British investors’ wealth remains in readily accessible cash, reflecting a preference for liquidity and perceived safety instead of pursuing potentially hi...

Read Full Article →
City A.M. • May 15, 2025

Tax cost hikes and digital red tape could push landlords to sell up

Increased taxation and expanding digital compliance requirements may raise expenses for property owners, potentially encouraging some to exit the rental market and thereby affectin...

Read Full Article →
City A.M. • May 15, 2025

Analysts say ‘Buy’ Vanquis shares after payday loan turnaround

Market experts have recommended purchasing Vanquis stock following improvements in the company's performance within the high-risk lending sector, which has previously faced signifi...

Read Full Article →
City A.M. • May 15, 2025

Rental crisis to worsen in the next decade, says UK’s biggest landlord

The increasing disparity between rising rental demand and limited housing availability is expected to drive higher costs and financial challenges for tenants and investors across t...

Read Full Article →
City A.M. • May 15, 2025

Natwest: Shares in FTSE 100 giant smash decade high

Natwest’s stock reached its highest level in ten years, reflecting growing investor confidence as the government steadily reduces its ownership in the prominent FTSE 100 bank this...

Read Full Article →
City A.M. • May 15, 2025

Why Trump tariffs could be a disaster movie for Hollywood

The increased tariffs may lead to higher production costs for American films, potentially driving studios to seek more affordable locations abroad, which could negatively impact th...

Read Full Article →
City A.M. • May 15, 2025

Exclusive: Government adds employee tax break to Pisces

The government’s new legislation for the Pisces market aims to enhance private company trading by extending tax incentives for employees, potentially increasing investment and part...

Read Full Article →
City A.M. • May 15, 2025

Interest rate cuts would ‘boost growth’, businesses tell Bank of England

Business leaders believe that lowering borrowing costs could encourage increased consumer spending, potentially strengthening economic expansion following recent growth in the UK's...

Read Full Article →
City A.M. • May 15, 2025

Central London offices ‘top pick’ for UBS real estate analysts

Investment trusts focused on London office properties have gained prominence among analysts due to increased demand driven by shifting investor preferences and geopolitical conside...

Read Full Article →
City A.M. • May 15, 2025

Profit slump revealed at Jim Ratcliffe-backed Petroineos ahead of major closure

Petroineos experienced a notable decline in earnings before the shutdown of its Grangemouth refinery, reflecting challenges related to market instability, disrupted supply chains,...

Read Full Article →
City A.M. • May 15, 2025

Reddit founder Ohanian ‘honoured’ to invest £20m in WSL side Chelsea

Alexis Ohanian has contributed £20 million to acquire a 10 percent ownership in Chelsea Women’s football club, establishing the team's overall valuation at approximately £200 milli...

Read Full Article →
City A.M. • May 15, 2025

B&M appoints ex-Tesco executive as new CEO

The appointment of a former Tesco executive as the new leader of the retail group may influence investor confidence and strategic direction, potentially impacting the company’s fin...

Read Full Article →
City A.M. • May 15, 2025

CMA handed ‘strategic steer’ as government pushes pro-growth agenda

The government’s guidance to the competition authority highlights regulatory priorities aimed at fostering economic growth, potentially influencing market competition and investmen...

Read Full Article →
City A.M. • May 15, 2025

Boost for Rachel Reeves as UK economy booms in first quarter

The UK experienced a notable increase in economic output during the first quarter, indicating enhanced business activity likely influenced by anticipated tax changes and internatio...

Read Full Article →