GBP/USD 1.344 EUR/GBP 0.856 GBP/JPY 194.985 EUR/USD 1.150 GBP/AUD 2.071 USD/JPY 145.124 USD/CAD 1.367 AUD/USD 0.649 CAD/JPY 106.177 EUR/CAD 1.572 GBP/CAD 1.836 AUD/CAD 0.887 AUD/JPY 94.163 AUD/NZD 1.077 EUR/AUD 1.772 GBP/USD 1.344 EUR/GBP 0.856 GBP/JPY 194.985 EUR/USD 1.150 GBP/AUD 2.071 USD/JPY 145.124 USD/CAD 1.367 AUD/USD 0.649 CAD/JPY 106.177 EUR/CAD 1.572 GBP/CAD 1.836 AUD/CAD 0.887 AUD/JPY 94.163 AUD/NZD 1.077 EUR/AUD 1.772
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City A.M. • May 15, 2025

Watches of Switzerland: US sales drive return to growth

The company experienced increased overall revenue, largely influenced by a substantial rise in American consumer demand, contributing significantly to its financial recovery and co...

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City A.M. • May 15, 2025

China could gatecrash Starmer’s diplomatic party

The potential involvement of China in upcoming diplomatic discussions may impact the UK’s efforts to balance trade relationships with both the US and the EU, carrying significant f...

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City A.M. • May 15, 2025

Labour’s National Wealth Fund hounded with calls for clarity 

The establishment of the National Wealth Fund has raised important questions about its potential impact on the country’s economy and the transparency of its financial management.

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City A.M. • May 15, 2025

‘Investment magnet’ financial services injected £281bn in UK economy 

The financial sector contributed £281 billion to the UK economy and supported approximately 2.5 million jobs, demonstrating its important role in managing significant assets despit...

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City A.M. • May 15, 2025

Trade wars: how will tariffs really affect the global economy?

Although current tariffs have caused limited immediate harm, recent months have seen a noticeable decline in global trade conditions, indicating potential longer-term financial imp...

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City A.M. • May 15, 2025

The Capitalist: This isn’t just blackmail, it’s M&S blackmail

Marks & Spencer is expected to file a substantial insurance claim potentially valued around £100 million to mitigate financial damages caused by a recent cyber attack affecting its...

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City A.M. • May 15, 2025

Could building on the green belt solve London’s chronic housing shortage?

Expanding residential development into protected areas may provide additional housing options that could influence property values and affordability amid London's ongoing demand-su...

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City A.M. • May 15, 2025

Burberry ‘optimal opportunity for investors’ as turnaround gains steam

Analysts suggest Burberry presents a promising investment potential as its recent strategy boosts revenue growth, despite the company still experiencing an operating loss in the cu...

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City A.M. • May 15, 2025

Mark Kleinman: BP bid may be more likely from Exxon than Shell

A potential acquisition of BP by Exxon instead of Shell could considerably impact market dynamics and investor confidence within the global energy sector.

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City A.M. • May 14, 2025

CMA must tackle Apple and Google duopoly to ‘unlock UK growth’

Addressing the market control exercised by major technology firms is seen as essential to fostering greater innovation, attracting investments, and enhancing overall economic devel...

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City A.M. • May 14, 2025

Couhig buys Reading from Yongge after EFL approval

The acquisition of Reading FC by Redwood Holdings, following regulatory approval, is expected to stabilize the club’s finances and support future operational improvements after pre...

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City A.M. • May 14, 2025

UK dismisses Chinese concerns on trade

The UK’s agreement with the US aims to enhance trade opportunities and lower tariffs, potentially boosting economic activity while maintaining balanced relations with major global...

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City A.M. • May 14, 2025

British execs still fly to US despite Trump turmoil, data suggests

Despite political uncertainties, corporate travel from the UK to the US has grown significantly, with bookings rising by approximately 25 percent year-over-year, indicating sustain...

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City A.M. • May 14, 2025

Direct Line suffers shareholder revolt over CEO’s huge pay day

Shareholders expressed strong opposition due to the CEO receiving a substantial compensation package, raising concerns about executive pay amid the company’s upcoming £3.7 billion...

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City A.M. • May 14, 2025

Small businesses ‘held back’ by £112bn of late payments

Late payments totaling approximately £112 billion to small and medium-sized enterprises are delaying cash flow, which may hinder overall economic expansion and limit opportunities...

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City A.M. • May 14, 2025

Genting in the red after closing Britain’s oldest casino

Following the closure of a historic casino, Genting’s UK division reported a pre-tax loss of £6.2 million in 2024, a significant shift from the £8 million profit earned in the prev...

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City A.M. • May 14, 2025

Starmer: Unemployment jump not caused by my government

The recent increase in joblessness has raised concerns about the economy, but government officials emphasize that new international trade agreements are expected to create employme...

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City A.M. • May 14, 2025

Landmark Canary Wharf building given the green light

The approval of a 46-story student housing project in Canary Wharf is expected to generate substantial investment and contribute to the local economy by accommodating over 900 new...

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City A.M. • May 14, 2025

Labour’s regional growth plan sees 12,000 civil servants moved outside London

Relocating 12,000 civil service positions across the UK aims to reduce government expenses by approximately £94 million annually by 2032, supporting efforts to enhance regional eco...

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City A.M. • May 14, 2025

Trade deals set to boost Indian equities say analysts

Analysts believe recent diplomatic agreements and trade arrangements could positively influence India's stock market performance and strengthen its position in the global electroni...

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City A.M. • May 14, 2025

Eurostar routes could see double-decker trains

Introducing double-decker trains on international rail routes may enhance passenger capacity and operational efficiency, potentially boosting revenue and supporting growth in cross...

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City A.M. • May 14, 2025

How Steven Bartlett’s first Dragons’ Den investment collapsed

The initial investment made by Steven Bartlett on Dragons’ Den experienced a significant downturn but was later acquired by another company, highlighting the financial challenges a...

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City A.M. • May 14, 2025

Rank: Grosvenor casino owner hits jackpot as laws relaxed

The easing of regulatory restrictions is expected to increase gaming machine availability at Rank Group’s casinos, potentially boosting revenue and positively impacting the company...

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City A.M. • May 14, 2025

European court sides with NYT over requests for von der Leyen’s texts with Pfizer CEO

The ruling may impact transparency in government communications and affect future access to documents related to pharmaceutical negotiations, potentially influencing public oversig...

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City A.M. • May 14, 2025

Package deal: Evri to merge with DHL ecommerce arm

The combination of Evri and DHL eCommerce UK is expected to create a larger logistics entity capable of handling a significant volume of parcels and letters, potentially enhancing...

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City A.M. • May 14, 2025

Tui shares slump as losses widen after quitting London

Tui experienced a notable decline in stock value following a significant increase in underlying operating losses, despite revenue growth and strong results in its cruise business d...

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City A.M. • May 14, 2025

Rolls-Royce: FTSE 100 shares near record high

The recent increase in Rolls-Royce’s stock price reflects growing investor confidence, contributing significantly to its overall market valuation reaching levels rarely seen in the...

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City A.M. • May 14, 2025

Vanquis shares jump after recovery from complaints storm

Vanquis Banking Group’s stock increased notably as the company returned to a profitable position despite earlier challenges related to customer grievances this year.

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City A.M. • May 14, 2025

Imperial Brands CEO to leave FTSE 100 giant as successor named

The departure of Imperial Brands’ chief executive is expected to influence investor confidence and strategic direction, potentially impacting the company’s performance within the c...

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City A.M. • May 14, 2025

Co-op: All forms of payment now working after cyber attack

The recent cyber incident disrupted transactions across nearly 2,400 locations, impacting revenue flow, but restoration efforts are now enabling normal payment processing and expec...

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