GBP/USD 1.356 EUR/GBP 0.862 GBP/JPY 199.345 EUR/USD 1.170 GBP/AUD 2.073 USD/JPY 147.015 USD/CAD 1.382 AUD/USD 0.654 CAD/JPY 106.367 EUR/CAD 1.616 GBP/CAD 1.874 AUD/CAD 0.904 AUD/JPY 96.177 AUD/NZD 1.099 EUR/AUD 1.788 GBP/USD 1.356 EUR/GBP 0.862 GBP/JPY 199.345 EUR/USD 1.170 GBP/AUD 2.073 USD/JPY 147.015 USD/CAD 1.382 AUD/USD 0.654 CAD/JPY 106.367 EUR/CAD 1.616 GBP/CAD 1.874 AUD/CAD 0.904 AUD/JPY 96.177 AUD/NZD 1.099 EUR/AUD 1.788
CURRENCY .wiki

News from City A.M.

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City A.M. • Jun 18, 2025

The London Stock Exchange has a Martin Lewis-shaped hole

The increasing trust in Martin Lewis as a financial advisor reflects a shift in consumer behavior that could influence investment patterns and economic decision-making across the U...

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City A.M. • Jun 18, 2025

Legal & General: FTSE 100 giant touts asset management plans

Legal & General aims to significantly increase profits within its asset management division, which currently manages over a trillion pounds, by pursuing new growth strategies outli...

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City A.M. • Jun 18, 2025

Tax hikes dragging investment to worst level since pandemic, CBI says 

Recent increases in employment-related taxes have led businesses to reduce their investment activities significantly, resulting in the lowest commitment to spending on assets in ha...

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City A.M. • Jun 18, 2025

St James’ Place: Labour’s dividend tax plans could backfire  

Increasing the highest dividend tax rate could reduce overall government income by discouraging investment, potentially undermining expected revenue gains from forthcoming fiscal p...

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City A.M. • Jun 18, 2025

Deal fever: Banking giants plot takeovers to ramp up market share

Leading financial institutions are actively pursuing acquisition opportunities to expand their presence, potentially altering competitive dynamics and influencing market valuations...

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City A.M. • Jun 18, 2025

Labour is locking Britain into a high-tax, low-growth doom loop

Rising taxes, increased borrowing costs, higher unemployment, and inflation are contributing to slower economic growth, prompting concerns about the long-term financial challenges...

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City A.M. • Jun 17, 2025

UK unveils cyber security war chest after M&S and Co-op attacks

The UK government has allocated £16 million to support the expansion of its cyber security sector following recent notable breaches affecting major retail companies.

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City A.M. • Jun 17, 2025

Financial services firms expected to dump green finance and DEI

A majority of senior professionals in the UK financial sector anticipate reduced emphasis on sustainability initiatives and workplace diversity efforts by their organizations in th...

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City A.M. • Jun 17, 2025

Tories: Labour desperate to use bookies tax to bail out Rachel Reeves

The proposed changes to gambling taxes have raised concerns about their potential impact on betting shops and horse racing, highlighting debates over government revenue strategies...

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City A.M. • Jun 17, 2025

Law firm mergers down as lawyers hold out for private equity appetite

The decrease in consolidation among UK law firms reflects a strategic pause as legal professionals await increased investment interest from private equity sources.

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City A.M. • Jun 17, 2025

Why the Bank of England will hold interest rates

The upcoming decision by the Bank of England is closely watched for its potential impact on borrowing costs, inflation expectations, and overall economic stability in the United Ki...

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City A.M. • Jun 17, 2025

Natwest top pick to acquire TSB

Natwest Group's recent transition to private ownership positions it to potentially expand its market presence through significant acquisitions, including a likely purchase of TSB B...

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City A.M. • Jun 17, 2025

Musk’s X tops UK news as Grok says it’s ‘likely’ most viewed – while Meta and TikTok falter

The resurgence of Elon Musk’s X as a leading news app in the UK could signal renewed advertising opportunities and potential revenue growth amid challenges faced by major competito...

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City A.M. • Jun 17, 2025

Dollar weakens as ‘confidence in US assets continues to erode’

The decline in the US dollar’s value against other major currencies reflects diminished investor trust, potentially impacting international trade costs and influencing global finan...

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City A.M. • Jun 17, 2025

Pisces edges closer to fruition after Avenir launches securities register

The introduction of Avenir Registrars' new product range is expected to enhance market compatibility and support emerging companies, potentially increasing investor confidence and...

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City A.M. • Jun 17, 2025

King Charles’ Crown Estate to invest £400m in offshore wind supply chain

The Crown Estate plans to allocate £400 million towards enhancing the offshore wind supply chain, including £350 million dedicated to building new port facilities and related infra...

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City A.M. • Jun 17, 2025

Morgan Sindall: Shares in FTSE 250 firm hit record high amid profit boom

Morgan Sindall experienced a notable increase in its stock value following an announcement that its yearly earnings are expected to substantially surpass initial forecasts, reflect...

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City A.M. • Jun 17, 2025

Tennis chiefs demand action from gambling industry over online abuse

The growing financial impact on the sport includes potential revenue loss as increasing online abuse linked to gambling may harm player wellbeing and deter sponsorship and fan enga...

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City A.M. • Jun 17, 2025

Wowcher: Profit slashed after huge refund over pressure selling tactics

Wowcher experienced a substantial decrease in earnings following the Payment of over £4 million in refunds to nearly 870,000 customers due to concerns raised by the UK competition...

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City A.M. • Jun 17, 2025

Flora and I Can’t Believe It’s Not Butter maker issues huge pay day

The company responsible for Flora and I Can’t Believe It’s Not Butter distributed a substantial dividend of £90 million, marking its first significant financial payout since privat...

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City A.M. • Jun 17, 2025

Losses continue at maker of BBC Question Time as jobs shed

The production company experienced significant financial challenges, reporting a substantial pre-tax deficit and a sharp decline in revenue over two years, which contributed to wor...

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City A.M. • Jun 17, 2025

Bitcoin minnow Smarter Web Company joins ranks of UK’s most valuable businesses

Following a rapid increase in its share price, The Smarter Web Company has reached a market valuation of £720 million, positioning it among the more prominent publicly traded firms...

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City A.M. • Jun 17, 2025

Rachel Reeves mulls inheritance tax U-turn as non-doms flee

Rachel Reeves is considering adjustments to global asset taxation for non-domiciled individuals in response to increased financial outflows and concerns raised by the City regardin...

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City A.M. • Jun 17, 2025

UK aerospace sector to avoid tariffs as Trump-Starmer trade deal clinched 

The newly established trade agreement between the UK and the US is expected to reduce costs for aerospace manufacturers and automobile exporters by eliminating import duties and fo...

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City A.M. • Jun 17, 2025

Capita shifts to agentic AI to save cash

Capita aims to improve its financial performance by implementing autonomous AI technology, expecting that operational efficiencies and reduced expenses will help counteract recent...

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City A.M. • Jun 17, 2025

Banco Sabadell weighing sale of TSB Bank

Banco Sabadell is considering divesting its UK retail banking subsidiary following external inquiries, which could impact its financial structure and strategic positioning in the i...

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City A.M. • Jun 17, 2025

Carried interest: London’s dealmakers bask in rare lobbying win

London’s financial sector benefits from continued favorable tax treatment on investment income, allowing private equity professionals to retain substantial earnings despite propose...

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City A.M. • Jun 17, 2025

Nyetimber: English sparkling wine group aims to build a global brand

Nyetimber’s strategy to expand internationally highlights the potential for increased revenue and market share as demand for English sparkling wine continues its notable growth in...

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City A.M. • Jun 17, 2025

Are Brexit Britain and Carney’s Canada a dream match?

The evolving economic relationship between the UK and Canada highlights opportunities for adapting financial strategies amid changing trade policies and regulatory environments.

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City A.M. • Jun 17, 2025

Sky, Channel 4 and ITV launch first unified ad marketplace

The collaboration between major UK broadcasters aims to streamline advertising efforts, enabling SMEs to efficiently reach wider audiences through a single platform, potentially tr...

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