GBP/USD 1.344 EUR/GBP 0.856 GBP/JPY 195.055 EUR/USD 1.150 GBP/AUD 2.070 USD/JPY 145.168 USD/CAD 1.367 AUD/USD 0.649 CAD/JPY 106.209 EUR/CAD 1.572 GBP/CAD 1.837 AUD/CAD 0.887 AUD/JPY 94.209 AUD/NZD 1.077 EUR/AUD 1.772 GBP/USD 1.344 EUR/GBP 0.856 GBP/JPY 195.055 EUR/USD 1.150 GBP/AUD 2.070 USD/JPY 145.168 USD/CAD 1.367 AUD/USD 0.649 CAD/JPY 106.209 EUR/CAD 1.572 GBP/CAD 1.837 AUD/CAD 0.887 AUD/JPY 94.209 AUD/NZD 1.077 EUR/AUD 1.772
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City A.M. • May 12, 2025

Quooker: Labour’s policies are hitting our growth 

The managing director of Quooker highlighted that increased expenses, weakened consumer confidence, and a contracting market are creating financial challenges that hinder the compa...

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City A.M. • May 12, 2025

Augmentum leads fundraise for Peel Hunt-backed Retailbook

Retailbook, supported by Peel Hunt, raised £4.5 million from investors including Augmentum Fintech to strengthen its position amid challenging conditions in the UK capital markets.

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City A.M. • May 12, 2025

Volatility boosts IG Group after Freetrade deal completes

Increased market fluctuations following the completion of the Freetrade acquisition have led to greater client trading volumes, prompting IG Group to raise its earnings forecast fo...

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City A.M. • May 12, 2025

UK employer confidence falls to pandemic-era low

A decline in employer optimism suggests potential reductions in hiring and investment, which may contribute to slower economic growth and increased challenges for businesses managi...

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City A.M. • May 12, 2025

UK trading partners: China returns to top 10 as EU trade slumps

Recent data indicates a shift in the UK's international commerce, with China regaining a prominent position among trading partners due to decreased exchanges with several European...

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City A.M. • May 11, 2025

US and China resume tariff talks after Trump hails ‘great progress’

The resumption of trade discussions between the US and China could influence global markets by potentially altering tariff policies, thereby affecting international trade flows and...

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City A.M. • May 11, 2025

Investors pin hopes on Burberry’s recovery amid China and US trade upheaval

Market participants are closely watching Burberry’s efforts to stabilize its performance, as ongoing trade tensions in China and the United States continue to impact the broader lu...

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City A.M. • May 10, 2025

Rachel Reeves plans ISA review

The upcoming review of individual savings accounts aims to assess potential changes to tax-free cash limits, which could impact savings strategies and financial planning for invest...

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City A.M. • May 10, 2025

Monzo brings in bankers to advise on £6bn float

Monzo is preparing for a major public offering estimated to exceed £6 billion by engaging financial advisors to guide investor discussions and support the listing process scheduled...

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City A.M. • May 09, 2025

John Textor’s $2bn Eagle Football Holdings IPO filing ‘imminent’

John Textor is preparing to file for a public offering that could raise substantial capital, supporting a major debt and equity restructuring within his international football club...

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City A.M. • May 09, 2025

US-UK trade announcement: “this isn’t a deal, it’s an amuse-bouche” 

The recent US-UK trade announcement holds potential economic impact, though specifics remain unclear, leaving businesses and analysts cautiously optimistic about future detailed ag...

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City A.M. • May 09, 2025

This is why the UK’s tech tax still riles Washington

The UK's Digital Services Tax, a two percent charge implemented in 2020, remains a point of contention as it impacts major American technology companies and complicates bilateral t...

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City A.M. • May 09, 2025

Bailey: Benefits of UK-US trade deal will depend on other agreements

The UK-US trade agreement could influence economic growth, yet its overall financial impact relies on the United States' future deals with additional international partners.

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City A.M. • May 09, 2025

Zara boss calls for crackdown on fast-fashion tax loophole

The Zara CEO emphasized the need to address tax advantages that benefit certain online retailers, aiming to create fairer competition and protect established European fashion busin...

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City A.M. • May 09, 2025

Mortgages rates set to fall after Bank of England interest rate cut

The recent reduction in central bank interest rates is expected to lead to decreased borrowing costs, potentially making home loans more accessible and improving affordability for...

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City A.M. • May 09, 2025

Soho House: New venue reveals opening date after long delays

The updated opening schedule for Soho House’s Manchester venue could impact the company’s revenue projections and investor confidence as they approach the expected October launch.

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City A.M. • May 09, 2025

Ray-Ban owner issues warning after UK sales fall

Luxottica Group's UK division anticipates a decline in gross and operating profits for 2024 due to rising expenses, following a decrease in sales and overall financial performance...

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City A.M. • May 09, 2025

Travis Perkins: New CEO named after torrid year and FTSE 250 shares slump

The appointment of Gavin Slark as CEO signals a strategic effort to stabilize Travis Perkins’ financial performance following a challenging year marked by significant declines in i...

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City A.M. • May 09, 2025

Champagne Lanson sales fail to fizz as prices rise

Champagne Lanson experienced a significant decline in revenue and profit in 2024, reflecting reduced consumer spending on premium beverages during a challenging economic period in...

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City A.M. • May 09, 2025

British Airways owner IAG to buy 53 new aircraft as earnings beat estimates

The procurement of 53 new planes by IAG highlights a strategic investment to enhance its long-haul operations, supported by quarterly profits that surpassed financial analyst proje...

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City A.M. • May 09, 2025

Rightmove: Lower mortgages and browsing Brits boost property portal

Rightmove experienced increased user engagement and higher property listings due to reduced borrowing costs, positively impacting its financial performance amid improving market co...

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City A.M. • May 09, 2025

Is the UK-US trade deal a win for Starmer?

The newly established trade agreement between the UK and the US marks a significant development, potentially boosting economic ties and impacting tariffs that have influenced bilat...

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City A.M. • May 09, 2025

Investment boss: US capital flight won’t necessarily benefit UK

A senior investment executive cautioned that the movement of funds away from American markets may not lead to increased gains for UK or European assets, challenging expectations of...

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City A.M. • May 09, 2025

Revolut, Monzo and Wise: The UK fintechs slapped with the most complaints 

Recent statistics indicate that several leading UK financial technology companies have experienced a notable volume of customer grievances, highlighting challenges they face as the...

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City A.M. • May 09, 2025

UK financial services can still drive growth in a volatile world

Despite ongoing geopolitical challenges, the UK financial sector remains capable of contributing significantly to economic expansion while maintaining stability in an unpredictable...

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City A.M. • May 09, 2025

Why UK start-ups should act now to capitalise on Trump-era economics

UK start-ups and venture-backed companies have a strategic chance to leverage upcoming tax changes and evolving trade relations with the US, potentially enhancing their financial g...

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City A.M. • May 08, 2025

AWS pushes UK chip plans amid AI energy crunch

Amazon Web Services is increasing investment in specialized semiconductor technology and artificial intelligence facilities in the UK to address rising energy concerns while suppor...

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City A.M. • May 08, 2025

Analysis: What is in the US-UK trade deal and what does it mean? 

The agreement marks a notable shift in international commerce, potentially boosting economic ties between the two countries and influencing market confidence amid ongoing global tr...

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City A.M. • May 08, 2025

US-UK deal is free trade in name only

The recent trade agreement between the United States and the United Kingdom provides limited economic benefits by easing certain restrictions but does not fundamentally alter exist...

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City A.M. • May 08, 2025

Aston Martin shares rally on UK and US trade deal

Aston Martin experienced a notable increase in its stock value following indications that the agreement between the UK and the US could reduce import charges affecting the automoti...

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