GBP/USD 1.354 EUR/GBP 0.862 GBP/JPY 198.675 EUR/USD 1.167 GBP/AUD 2.068 USD/JPY 146.684 USD/CAD 1.370 AUD/USD 0.655 CAD/JPY 107.090 EUR/CAD 1.599 GBP/CAD 1.855 AUD/CAD 0.897 AUD/JPY 96.069 AUD/NZD 1.091 EUR/AUD 1.783 GBP/USD 1.354 EUR/GBP 0.862 GBP/JPY 198.675 EUR/USD 1.167 GBP/AUD 2.068 USD/JPY 146.684 USD/CAD 1.370 AUD/USD 0.655 CAD/JPY 107.090 EUR/CAD 1.599 GBP/CAD 1.855 AUD/CAD 0.897 AUD/JPY 96.069 AUD/NZD 1.091 EUR/AUD 1.783
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City A.M. • Jul 09, 2025

Digital illusion: How the UK’s paper-based processes fuel cyber attacks

Many small and medium-sized UK businesses face increased financial risks and reduced growth potential due to reliance on outdated verification methods that leave them vulnerable to...

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City A.M. • Jul 09, 2025

Alarming OBR forecast is too optimistic – debt is set to be 647 per cent of GDP

The Office for Budget Responsibility’s projections may underestimate future debt levels due to overly positive assumptions about productivity growth, indicating that the UK’s finan...

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City A.M. • Jul 09, 2025

Trump tariffs: FTSE 100 holds steady as pharma and metals brace for levies

The anticipation of upcoming trade duties on pharmaceutical and metal industries has prompted cautious market reactions, while the leading UK stock index maintained stability amid...

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City A.M. • Jul 09, 2025

Hovis: Losses widen amid Kingsmill merger talks

Hovis experienced an increase in pre-tax losses to £4.7 million for the year ending September 2024, coinciding with discussions regarding a potential combination with Kingsmill’s p...

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City A.M. • Jul 09, 2025

Hamleys: More loss-making stores closed by iconic toys seller

Hamleys’ decision to close numerous underperforming outlets while opening new ones reflects efforts to improve overall profitability and stabilize the company’s financial position...

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City A.M. • Jul 09, 2025

Watchdog probe to net £100m from listed housebuilders for affordable schemes

The investigation by the UK regulator into several major housing companies is expected to secure a £100 million contribution aimed at supporting more affordable housing development...

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City A.M. • Jul 09, 2025

WPP shares dive after sales slump

WPP experienced a significant market decline following forecasts of decreased revenue in the first half, attributed to the loss of important clients impacting its overall financial...

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City A.M. • Jul 09, 2025

Galliford Try ‘well-positioned’ to benefit from government spending

Galliford Try anticipates stronger-than-expected profits this year as it capitalizes on increased public investment in affordable housing, infrastructure, and regulated sectors suc...

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City A.M. • Jul 09, 2025

Jet2 hikes dividend on record passenger numbers

Despite increased profits and a higher annual dividend driven by strong passenger growth, Jet2’s stock declined due to investor concerns about ongoing international geopolitical ri...

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City A.M. • Jul 09, 2025

Rolex sponsored Wimbledon stars made to pay for own watches

Although being sponsored by a prestigious watch brand can enhance a tennis player's image, the financial burden of purchasing the timepieces themselves often offsets the perceived...

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City A.M. • Jul 09, 2025

The Debate: Should Rachel Reeves reduce the Cash ISA allowance?

Reducing the maximum contributions to Cash ISAs could impact personal savings habits and disposable income, potentially influencing overall financial stability and economic activit...

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City A.M. • Jul 09, 2025

Will the Renter’s Rights Bill push up costs for student accommodation?

The proposed legislation is expected to alter rental agreements and eviction practices, potentially increasing operational expenses for student housing providers and influencing ov...

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City A.M. • Jul 09, 2025

London’s nighttime economy is crumbling. Yet the show must go on

The decline of London's after-hours businesses has notable economic implications, impacting revenue and employment, yet efforts continue to sustain entertainment and cultural activ...

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City A.M. • Jul 09, 2025

These charts show the scale of the London Stock Exchange’s decline

The departure of a minor company from a key segment of the London market highlights ongoing challenges and shifting investor confidence that may impact overall financial activity i...

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City A.M. • Jul 09, 2025

Morrisons taps Google’s Gemini AI to solve the supermarket scavenger hunt

By implementing an AI-driven product locator developed with Google Cloud, Morrisons aims to enhance customer experience and potentially increase sales through improved in-store nav...

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City A.M. • Jul 09, 2025

Labour’s Mansion House will be lift-off or letdown for banks

Rachel Reeves’ upcoming Mansion House address is expected to outline key policies that could significantly impact the banking industry’s role in Britain’s economic growth and compe...

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City A.M. • Jul 08, 2025

Rachel Reeves to face fresh blow with sluggish growth data

The latest economic figures indicating minimal expansion in May may challenge the government's efforts to stimulate growth and could impact investor confidence and fiscal planning.

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City A.M. • Jul 08, 2025

EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake

EDF’s continued involvement in the Sizewell C nuclear project underscores ongoing international interest in UK infrastructure, reflecting both commitment and financial adjustments...

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City A.M. • Jul 08, 2025

Brits back spending cuts over tax rises

Recent surveys indicate that the majority of British voters favor reducing government expenditures rather than increasing taxes, highlighting a potential challenge for the current...

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City A.M. • Jul 08, 2025

Post Office and Fujitsu chiefs ‘maintained fiction’ on faulty Horizon system

The flawed Horizon system led to significant financial discrepancies for postmasters, resulting in wrongful accusations and compensation claims that had considerable economic impac...

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City A.M. • Jul 08, 2025

Rishi Sunak rejoins Goldman Sachs as an adviser

Rishi Sunak’s return to a senior advisory position at a major financial firm underscores his ongoing influence within both the political and economic sectors, potentially impacting...

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City A.M. • Jul 08, 2025

Abu Dhabi sovereign investor eyes $100m slice of Revolut

A state-owned investment firm from Abu Dhabi is in advanced talks to acquire an additional $100 million share in Revolut, potentially expanding its existing holdings in the digital...

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City A.M. • Jul 08, 2025

UK cannot afford triple lock pension, OBR says

The Office for Budget Responsibility has indicated that maintaining the current pension increase policy may strain public finances, prompting debates over welfare adjustments to en...

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City A.M. • Jul 08, 2025

M&S chair: UK needs to muscle up to tackle cyber threats

Marks and Spencer’s chair highlighted that enhancing the UK’s cybersecurity capabilities is essential to protect financial interests and foster greater confidence among investors i...

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City A.M. • Jul 08, 2025

Revolut: UK fintech launches stocks and shares ISA

Revolut’s introduction of stocks and shares ISAs in the UK broadens its financial services, enabling users to invest in a wide range of ETFs through collaborations with major asset...

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City A.M. • Jul 08, 2025

Rachel Reeves’ Cash ISA plans will punish Brits who just want stability

The proposed changes to Cash ISAs aim to encourage investment among the public, but critics argue they may disadvantage those seeking low-risk, stable savings options.

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City A.M. • Jul 08, 2025

OBR warns unfunded spending to damage UK finances amid ‘daunting’ risks

The Office for Budget Responsibility has highlighted that increased expenditure without corresponding revenue could strain the UK’s fiscal health, especially given ongoing internat...

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City A.M. • Jul 08, 2025

M&S shares sink lower after failing to recover from cyber attack

The ongoing decline in M&S’s stock price reflects investor concerns over the company’s ability to fully regain market confidence following the earlier cybersecurity incident.

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City A.M. • Jul 08, 2025

London Marathon Events sprints to record surplus as profits surge

London Marathon Events experienced significant financial growth last year, with revenue increasing by nearly £11 million and pre-tax profit rising to £12 million, contributing a su...

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City A.M. • Jul 08, 2025

Hundred teams to be buoyed by hike in IPL franchise valuations

The recent rise in the estimated worth of IPL franchises is expected to positively impact the financial prospects of associated Hundred teams amid growing market competition.

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