News from City A.M.
What is your interest today?
- ABC News Business
- BBC Business
- Business Insider Markets
- CBC Business
- City A.M.
- CNBC Business
- CoinDesk
- Cointelegraph
- Crypto News
- CryptoSlate
- Decrypt
- Economic Times Markets
- Euronews Business
- Financial Post Top Stories
- Financial Times
- Finextra Crypto
- Finextra Market
- Finextra Wealth
- Globe and Mail Investing
- Investing.com Global Markets
- Investing.com Global Mkts
- Investopedia
- Kiplinger
- MarketWatch MarketPulse
- MarketWatch Top Stories
- Quartz
- Sky News Money
- Sydney Morning Herald Biz
- Sydney Morning Herald Business
- TechCrunch Fintech
- The Block
- The Guardian – Business
- WSJ Markets News
Industrial Strategy: Labour to turn City into ‘most innovative financial centre’
Labour’s plan aims to enhance the financial district’s global competitiveness by fostering innovation, potentially attracting investment and driving economic growth through strateg...
Read Full Article →United Utilities: Banned bonus for FTSE 100 CEO revealed
United Utilities will face a reduction in executive compensation as newly implemented regulations prevent certain FTSE 100 companies from awarding bonuses, impacting the financial...
Read Full Article →Getty Images’ £3bn Shutterstock merger captures watchdog’s eye
The planned combination of two leading stock photo companies, valued at nearly £3 billion, has raised regulatory concerns due to its possible impact on market competition within cr...
Read Full Article →UK services sector in ‘fragile recovery’ as employment fears linger
Despite growth in the UK services sector during June, increased taxes and reduced employment contributed to economic uncertainty, reflecting challenges that may influence business...
Read Full Article →Lammy: Iran blocking Strait of Hormuz would be ‘catastrophic mistake’
A disruption of the Strait of Hormuz could severely impact global oil shipments, potentially causing significant fluctuations in energy markets and international trade financial st...
Read Full Article →HomeServe: Checkatrade owner in the red despite sales passing £1bn
Despite generating over £1 billion in revenue for 2024, HomeServe recorded a pre-tax loss of £31.7 million, highlighting challenges in converting strong sales into profitability.
Read Full Article →Spectris agrees to £3.8bn takeover but KKR threatens bidding war
The proposed acquisition of Spectris for £3.8 billion highlights significant investor interest, as competing potential bids may influence the company’s market valuation and future...
Read Full Article →Prime: Logan Paul and KSI’s energy drink runs out of juice
Prime Hydration's UK operations experienced a significant revenue decline in 2024, with annual turnover dropping by over 70 percent from £112.2 million to £32.8 million according t...
Read Full Article →UK backs quantum with £500m
The UK government’s investment exceeding £500 million in quantum computing highlights its strategic commitment to advancing technological innovation and strengthening economic grow...
Read Full Article →Brent crude could hit $110 if oil flow through Strait of Hormuz halved
A potential reduction in oil shipments through a key Middle Eastern route may drive significant increases in crude prices, impacting global markets and energy costs according to fi...
Read Full Article →Industry electricity costs for 7,000 businesses to be slashed by up to a quarter
Starting in 2027, 7,000 UK businesses will benefit from a substantial reduction in their electricity expenses, potentially easing financial burdens and improving competitiveness wi...
Read Full Article →UK a ‘standout’ destination for deals despite economic uncertainty
During the first half of the year, the UK led Europe in mergers and acquisitions activity, completing over 1,200 deals valued at nearly $119 billion despite prevailing economic cha...
Read Full Article →H&M to shed light on turnaround amid consumer confidence slump
H&M’s upcoming financial report is anticipated to reflect modest sales growth as the company aims to demonstrate progress in its recovery efforts despite ongoing weak consumer sent...
Read Full Article →Top private school faces job cuts after Reeves’ tax grab
The introduction of VAT on school fees by the Labour government has created financial challenges for a well-known private institution, potentially leading to reductions in staff to...
Read Full Article →Most expensive sports teams: How Lakers, Celtics, Commanders and Chelsea smashed records
Mark Walter’s acquisition of the LA Lakers represents a significant financial milestone, reflecting the ongoing surge in franchise valuations across major sports organizations glob...
Read Full Article →How much should you pay to see Billie Eilish? Don’t ask St Thomas Aquinas
The financial importance lies in understanding that the value of event tickets is best set by supply and demand dynamics rather than philosophical ideas about fairness or predeterm...
Read Full Article →Shell to face High Court trial over legacy oil pollution in 2027
The upcoming 2027 High Court trial could have substantial financial implications for Shell, as it addresses potential liabilities related to historical environmental damage in Nige...
Read Full Article →Smarter Web Company becomes tech unicorn after stock surges six-fold in two weeks
The rapid increase in Smarter Web Company's stock value has elevated its market capitalization beyond £1 billion, marking a significant milestone in its financial growth within a s...
Read Full Article →Upper Tax Tribunal dismisses JP Morgan Chase Bank VAT appeal
The tribunal’s decision upholds HMRC’s stance on VAT for intra-group transactions, potentially impacting the financial liabilities and tax strategies of multinational banking insti...
Read Full Article →Government’s £4.4bn gain on ‘shares tax’ puts investors on edge
The government’s substantial revenue increase from the recently enhanced tax on share transactions has raised concerns among investors about potential negative impacts on the vital...
Read Full Article →BNY Investments Launches ‘Retirement: A Generational Journey’ Docu-Series
The new docu-series by BNY Investments aims to highlight varying retirement planning approaches across age groups, potentially influencing investor engagement and long-term financi...
Read Full Article →Don’t panic: What’s behind markets’ Iran-Israel indifference?
Despite geopolitical tensions between Iran and Israel, financial markets have shown limited volatility, suggesting investors currently anticipate minimal immediate economic disrupt...
Read Full Article →US private equity giant to back Hinkley Point C with £4.5bn loan
A major American investment firm plans to provide EDF with a significant unsecured loan to support the Hinkley Point C nuclear project, indicating substantial financial commitment...
Read Full Article →CMA won’t look back in anger over dynamic pricing practices
The UK regulator acknowledged that variable pricing strategies, despite consumer concerns, can positively impact market efficiency and revenue generation by adjusting costs accordi...
Read Full Article →Retail and construction lead insolvencies as UK firms in ‘perilous position’
A significant proportion of recent company failures in the UK have originated from the wholesale, retail, and building sectors, highlighting ongoing financial challenges within the...
Read Full Article →Louis Vuitton: Sales and profit slashed amid luxury spending slowdown
Louis Vuitton's UK division experienced a notable decline in revenue and earnings in 2024, reflecting broader challenges in the high-end retail market and impacting the company’s o...
Read Full Article →Government borrowing surges in May to fund Labour’s spending
In May, public sector debt increased substantially, reaching one of the highest levels recorded for that month in over three decades, indicating significant government reliance on...
Read Full Article →Ministers set to cut industrial energy prices for British manufacturers
The government’s forthcoming multibillion-pound support aims to reduce energy costs for UK manufacturers, potentially enhancing their competitiveness in the European market and sup...
Read Full Article →Berkeley notes rising demand for new homes as profit drops
Despite decreased annual earnings, Berkeley acknowledges increased demand for housing and remains dedicated to supporting government initiatives aimed at expanding the new home mar...
Read Full Article →High street banks’ SME lending comeback won’t rattle challengers
Traditional banks are increasingly providing loans to small and medium-sized businesses again, yet fintech companies continue to dominate the market share in this sector.
Read Full Article →